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List of Transactions:

June 1- Peck Farms contributed $100,000 to the business in exchange for common stock

June 2- Paid monthly rent of $1,200 prepaid rent for the next three months $3,600

June 2- Paid utilities $500

June 2- Paid cash for 12month insurance policy starting on July 1^st $8,000

June 3- Paid cash for land $15,000

June 3- Purchased office supplies on account $1,000

June 3- Paid for advertising $900

June 3- Purchased furniture on account $10,000

June 4- Purchased inventory $15,000; cash

June 5- Grand opening made $8,000 in sales

June 5- Paid $6,000 on account

June 7- Catered a wedding, received $400 cash

June 9- $3,000 sales; cash

June 10- Catered event, billed for $600

June 14- Paid Employees salaries $1,200

June 15- Catered an event, billed company $1,500

June 16- $2,500 sales; cash

June 17- $2,000 sales; cash

June 18- $3,000 sales; cash

June 19- Catered event, received $400 cash

June 20- $5,400 sales; cash

June 21- $5,000 sales; cash

June 22- Purchased $15,000 of inventory on account

June 23- Purchased building for $180,000. Paid $80,000 cash and signed a note payable to the bank for the remaining balance.

June 24- Paid $50,000 on note payable.

June 25- Received $8,000 to cater conference on July 17^th

June 26- $8,000 sales; cash

June 27- Paid remainder on note payable

June 28- Received utility bill of $500 for the following month

June 29- Paid Employees salaries $1,200

June 30- Cash dividends paid to stockholders $8,000

From the list of transactions, create the following: a general journal, general ledger, and trial balance.

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