Trench and Fog Garment Company purchased equipment on June 1 for $81,000, paying $18,000 cash and signing a 12%, 2-month note for the remaining balance. The equipment is expected to depreciate $18,000 each year. Trench and Fog Garment Company prepares monthly financial statements. Required (a) Prepare the general journal entry to record the acquisition of the equipment on June 1st. (b) Do any adjusting journal entries that should be made on June 30th.