Transactions for Grover Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,000 cash. 2 Buys equipment on account for $1, 100. 3 Pays $740 to landlord for June rent. 12 Bills Matt Wilfer $700 for welding work done. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)