The following is a list of transactions that have occurred during the month of June.

Date Transaction

June $1$ Invested cash into the company for stock $($ID x $500)$

June $2$ Borrowed $($ID x $50)+$ $$100,000$ in the form of a note payable.

June $2$ Purchased land with cash for $($ID x $12).$

June $2$ Purchased building with cash for $($ID x $150).$

June $3$ Purchased equipment on account for $($ID x $50).$

June $4$ Purchased a $12-$month insurance policy for $$24,000.$

June $5$ Purchased $$10,000$ of Inventory on account.

June $5$ Generated $$20,000$ in revenues. This was paid in cash.

June $6$ Generated $$10,000$ in revenues on account.

June $10$ Paid $$1,500$ in cash for advertising.

June $15$ Paid a utility bill of $$2,000$ in cash.

June $18$ Received a $$500$ cash deposit for a future services.

June $22$ Paid $$1,800$ in cash to repair an elevator.

June $28$ Paid $$4,000$ in wages in cash.

June $30$ $$500$ in dividends were paid in cash.

Required:

$1.$ Prepare journal entries in good form for the transactions above.

$2.$ Post the journal entries into T$-$accounts $($make sure you have a total amount for each account$).$ There should

be no hardcoded numbers on the T$-$accounts, only formulas.

$3.$ Complete a trial balance in good form as of June $30,20$xx $($make sure you have headers and totals$).$