Smith Plumbing was started on June 1 by Sam Smith Questions 6 to 15 are selected events and transactions that occurred during June Jun. 1 Sam Smith invested 51,000,000 cash in the business. OA Sam Smith, Capital Sam Smith, Drawings 1,000,000 1,000,000 . Sam Smith, Capital Cash 1,000,000 1,000,000 Sam Smith, Drawings Sam Smith, Capital 1,000,000 1,000,000 Cash Sam Smith, Capital 1,000,000 1,000,000 QUESTION 7 lun.4 Purchased a building with a market value of $800,000, and land with a market value of $50,000. The business paid $350,000 cash and signed a ne amount. Building Land 800,000 50,000 Cash Sam Smith, Capital 350,000 500,000 Cash Notes Payable Building 350,000 500,000 Purchased a building with a market value of 0.000, and land with a market value of $50,000. The business paid $350,000 cash and signed a note payable to the bank for the remaining Building Land 800,000 50,000 Sam Smith Copen 350,000 500 000 350.000 Notes Payable 500.000 Building Land 800.000 800,000 50.000 850.000 800,000 50,000 350.000 500,000 Jun. 8 Purchased supplies of $2,000 on account. Supplies 2,000 Accounts Payable 2000 Cash OB 2,000 Supplies Expense 2.000 Supplies Expense Accounts Payable 2,000 2,000 Supplies Expense 2,000 Cash QUESTION 9 Jun. 11 Pald salaries to employees $10,000 Salaries Earned OA Cash 10,000 10,000 10,000 Salaries Expense Salaries Payable Salaries Payable Salaries Expense 10,000 10,000 10.000 Salaries Expense 1000