Sam lanalare

terketert

$(70$points$)$

The following:

Selected tiransactions were completed during the month of June of the current year

For the Gramps Corporation.

$1.$tin $$25,000$ cash recelved for stock issuance.

Whin Paid lune rent of $$1,200.$

$3.$Jun Performed services of $$3,000$ cash for customer $x$

$17.)$ un Performed a service on account for $$9,000$ for customer $y.$

$20.$ tun Purchased equipment for $$7,000.$

$27$ Jun Purchased more equipment on account for $$10,500$ from Staples.

$27-$Aum Pald the fune telephone bill, $$500.$

$29-1$un Paid $$2,000$ to the Staples in partial payment of the amount due.

$29-3$in Recelved $$500$ from customer y for services previousty billed.

$30$ Jun Paid dividends of $$1,000$ to stockholders

hacised:

Part $1$

$(30$ points$)$

Pecord the preceding transactions in the General Joumal.

Pantz

$(5$ points$)$

Post the entries in the General Ledger

Pan $3$

$($s$.$points$)$

Prepare a Trial Balance at month end.

$\backslash$table$[[$Date$,],[1-$Jun,Common stock$],[,$Cash$],[3-$Jun,Rent expense$],[,$cash$],[9-$Jun,service revenue$],[,$cash$],[17-$Jun,account receivable$],[,$Service revenue$],[20-$Jun,Purchased equiptment$],[,$cash$],[27-$Jun,purchased equitment$],[,$account payable$],[27-$Jun,telephone bill$],[,$cash$],[29-$Jun,account payable$],[,$cash$],[29-$Jun,cash$],[,$account receivable$],[30-$Jun,dividends$],[,$cash$],[,],[,]]$