Selected transactions for Polland Real Estate Agency during its first month of business follow: June 1 Samantha Polland opened Polland Real Estate Agency with an investment of $13,250 cash and $2,580 of equipment, 2 Paid $1,450 for a one-year insurance policy, 3 Purchased additional equipment for $4,580, paying $860 cash and signing a note payable for the balance. 10 Received $440 cash as a fee for renting an apartment. 16 Sold a house and lot to B. Rollins. The commission due from Rollins is $7,540. (It is not paid by Rollins at this time). 27 Paid $550 for advertising to run during June. 29 Received an $50 bill for telephone service during the month of June. (The bill is paid in July.) 30 Paid an administrative assistant $1,600 in salary for June. 30 Received $7,540 cash from B. Rollins for the June 16 transaction. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit choose a transaction date enter an account title enter a debit amount enter a credit amount enter an account title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account date title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account date title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount date choose a transaction enter an account title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account title date enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account date title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account date title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account date title enter a debit enter a credit amount amount enter an account title enter a debit enter a credit amount amount choose a transaction enter an account title enter a debit enter a credit amount amount date enter an account title enter a debit enter a credit amount amount e Textbook and Media 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.) Cash choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose a transaction choose a transaction date enter a date debit enter a credit amount amount choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose a transaction date enter a debit amount choose a transaction date enter a credit annount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Accounts Receivable choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose the end date of the accounting enter a choose the end date of the debit accounting balance period enter a credit balance period Prepaid Insurance choose a transaction date enter a debit amount choose a transaction date enter a a credit amount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Equipment choose a transaction date enter a a debit amount choose a transaction date enter a a credit amount enter a choose a transaction enter a debit amount choose a transaction date credit date amount choose the end date of the accounting enter a choose the end date of the debit accounting balance period enter a credit balance period Notes Payable choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Accounts Payable choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose the end date of the accounting enter a choose the end date of the debit accounting balance period enter a a credit balance period S. Polland, Capital choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Service Revenue choose a transaction enter a debit amount choose a transaction date enter a credit date amount choose a transaction enter a a debit amount choose a transaction date date enter a credit amount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Salaries Expense choose a transaction date enter a debit amount choose a transaction a date enter a credit amount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Advertising Expense choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose the end date of the accounting period enter a choose the end date of the debit accounting balance period enter a credit balance Telephone Expense choose a transaction choose a transaction date enter a debit amount date enter a credit amount choose the end date of the accounting enter a choose the end date of the debit accounting enter a credit period balance period balance e Textbook and Media