Selected transactions for Wilson Real Estate Agency during its first month of business follow: June 1 Samantha Wilson opened Wilson Real Estate Agency with an investment of $13,940 cash and $3,170 of equipment. 2 Paid $1,330 for a one-year insurance policy. 3 Purchased additional equipment for $4,710, paying $760 cash and signing a note payable for the balance. 10 Reccived $295 cash as a fee for renting an apartment. 16 Sold a house and lot for B. Moore. The commission due from Moore is $7,730. (It is not paid by Moore at this time.) 27 Paid $790 for advertising to run during June. 29 Received an $90 bill for telephone service during the month of June. (The bill is paid in July.) 30 Paid an administrative assistant $1,750 in salary for June. 30 Received $7.730 cash from B. Moore 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 wainaio nnrt celert the date for closins bolonces even in case of zero bolance. If ending balance Accounts Payable S. Wilson, Capital Service Revenue Salaries Expense Advertising Expense Telephone Expense eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Question Part Score