Selected transactions for Johnson Real Estate Agency during its first month of business follow:\ \ June 1 Samantha Johnson opened Johnson Real Estate Agency with an investment of $13,040 cash and $3,310 of equipment.\ 2 Paid $1,000 for a one-year insurance policy.\ 3 Purchased additional equipment for $4,860, paying $840 cash and signing a note payable for the balance.\ 10 Received $310 cash as a fee for renting an apartment.\ 16 Sold a house and lot for B. Williams. The commission due from Williams is $7,680. (It is not paid by Williams at this time.)\ 27 Paid $565 for advertising to run during June.\ 29 Received an $65 bill for telephone service during the month of June. (The bill is paid in July.)\ 30 Paid an administrative assistant $2,090 in salary for June.\ 30 Received $7,680 cash from B. Williams for the June 16 transaction.\ Open T accounts and post the journal entries to the general ledger. Note: Because this is the first year of business, there are no opening balances to consider. (Post entries in the order of journal entries presented in the previous part. Select the date for closing balances even in case of zero balance. If ending balance is 0, enter 0 on the normal side for the account.)