The following transactions occurred during the month of June 2020. 5 June The owner contributed $10,000 cash and a computer costing $2,000 to the business. 7 June Provide services for $5,000. Received 30% cash and the remaining balance is on credit. 12 June Received cash of $2,000 for service to be provided next month. 17 June Paid annual insurance premium of $1,500. 25 June Paid $5,000 cash for supplies purchased and recorded last month. 28 June Purchase equipment for $40,000. Paid 30% cash deposit. A bank loan is arranged for the remaining balance. 30 June Received cash of $2,000 for service provided and recorded last month. Required Prepare the general journal for the above transactions. Narration is required. (17 marks) Answer Template: If you accidentally delete the answer template, you may undo the deletion using "Ctrl + Z" (for Windows) or "Command + Z" (for Mac). If that does not work, please click on this link Answer Template. You may copy and paste the answer template to the answer box. B 1 . Date Accounts Debit Credit