The company has completed, but not yet billed, $idoo of engineering services for a client. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Jun 30 an Prev 1 of 4 !! Next > search Lindsey Martin opened a business called Martin Engineering and recorded the following transactions in its first month of operations Jun. 1 Lindsey Martin, the owner, invested $122,000 cash, office equipment with a value of $10,500, and $71,000 of drafting equipment to launch the company. Jun. 2 The company purchased land worth $54,500 for an office by paying $14,800 cash and signing a long- term note payable for $40,500. Jun. 2 The company purchased a portable building with $49,500 cash and moved it onto the land acquired on June 2. Jun. 2 The company paid $6,300 cash for the premium on a 15-month insurance policy. Jun. 7 The company completed and delivered a set of plans for a client and collected $10,600 cash. Jun. 12 The company purchased $26,689 of additional drafting equipment by paying $15,000 cash and signing a long-term note payable for $11,600. Jun. 14 The company completed $22,880 of engineering services for a client. This amount is to be received in 30 days. Jun. 15 The company purchased $1,700 of additional office equipment on credit. Jun. 17 The company completed engineering services for $24, 200 on credit. Jun. 18 The company received a bill for rent of equipment that was used on a recently completed job. The $1,850 rent cost must be paid within 30 days. Jun. 20 The company collected $11,400 cash in partial payment from the client billed on June 14. Jun. 21 The company paid $1,400 cash for wages to a drafting assistant. Jun. 23 The company paid $1,700 cash to settle the account payable created on June 15. Jun. 24 The company paid $1,200 cash for minor maintenance of its drafting equipment. Jun. 26 Lindsey Martin withdrew $9,700 cash from the company for personal use. Jun, 28 The company paid $1,400 cash for wages to a drafting assistant. Jun 30 The company paid $2,940 cash for advertisements on the web during June