Strods Engineering completed the following transactions in the month of June. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. J Anita Strods, the owner, invested $156,000 cash, office equipment vith a value of $19,000, and $88,000 of drafting equipment to launch the company 2 The eapany purchaed land worth 963,000 for an ottice by paying $25,900 canh and signing a long-tera sote Jun. 3 Jun. 4 The company paid $11,400 cash for the premium on an 18-month ineurance policy Jun. 5 The payable for $37,100. The corpany purchased a portable building with $41,000 cash and moved it onto the land acquired on June 2. company completed and delivered a set of plans for a client and collected $17,400 cash. Jun. 6 The company purchased $36,800 of additional drafting equipment by paying $23,500 cash and signing a long-term note payable for $13,300 Jun. 7 The company completed $36,400 of engineering services for a client. This amount is to be received in 30 days. Jun. 8 The company purchased $2,550 of additional office equipment on credit. Jun. 9 The company completed engineering services for $27,600 on eredit. Jun. 10 The company received bill for rent of equipment that vas used on a recently completed job. The $2,700 rent cost must be paid within 30 days. Jun. 12 The company collected $18,200 cash in partial payment from the client billed on June 9. Jun. 14 The company paid $2,000 cash for vages to a drafting assistant. Jun. 17 The company paid $2,550 cash to settle the account payable ereated in on June 8 Jun. 20 The company paid $1,625 cash for minor maintenance of its drafting equipment. Jun. 23 Anita Strods withdrew $10,040 cash from the company for personal use Jun. 28 The company paid $2,000 cash for vages to a drafting assistant. Jun. 29 The company paid $3,620 cash for advertisements on the web during June. GeneralTrial Balance Statement St Owners Balance Sheet Equity Income Requirement General Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions, entering the debits before the credits. Each transaction is automatically posted to the Generai Ledger and the Trial Balance as soon as you click "Record Entry" Show less