Please answer all questions in the correct format. I will like and comment for good work. Thank you.

The following amounts summarize the financial position of Little Yellow Dog Inc. on May 31, 202X Salaries Cash Assets Computers (net) 0 + Supplies + Land = Accounts Receivable 960 Liabilities Accounts Note Payable Payable 5160 0 + Payable 0 Interest Payable 0 Shareholders' Equity Common Retained Shares Earnings 2760 3060 Balance 1920 300 7800 During June 202X, the business completed these transactions: June 1: Received cash of $5400 and issued common shares. June 1: Bought two computers for a total of $3300 by paying $1350 down and signing a note payable for the rest. Interest of 10% to be paid with the note payable on January 1 next year. The computers are expected to last 3 years. June 5: Performed services for a client and received cash of $5400. June 9: Paid $2100 on accounts payable. June 13: Purchased supplies on account, $1200. June 20: Collected cash from a customer on account, $240. June 23: Consulted on the design of a business report, and billed the client for services rendered, $2400. June 25: Declared and paid a cash dividend of $840. June 30: Recorded the following business expenses for the month: paid office rent, $660; paid advertising, $300. June 30: Accrued $3000 in employee salaries. Employees work 5 days each week and are paid every Friday. The month ended on a Thursday. June 30: A physical count revealed that $720 worth of supplies are still on hand. Other Information: 1) In the past, Little Yellow Dog Inc. has used the following accounts on their income statement: Revenue, Depreciation Expense, Interest Expense, Rent Expense, Salaries Expense, Advertising Expense, and Supplies Expense. They use the Dividends account to record dividends. Not all accounts have been used each period. Required: 1) Create all necessary journal entries for the month of June 202X. Place your answer under "Requirement 1" in the "Answer" tab. Note that the dates have been pre-populated. Ensure your journal entries match the appropriate date. Explanations are not required. 2) Analyze the effects of the above transactions on the accounting equation. Place your answer under "Requirement 2" in the "Answer" tab. 3) Prepare the Income Statement for the month ended June 30, 202X. List expenses in decreasing order by amount. Place your answer under "Requirement 3" in the "Answer" tab. 4) Prepare the Statement of Retained Earnings for the month ended June 30, 202X. Place your answer under "Requirement 4" in the "Answer" tab." 5) Prepare the Balance Sheet at June 30, 202X. Place your answer under "Requirement 5" in the "Answer" tab. 6) Using the method outlined in the textbook, journalize the necessary closing entries for the month ended June 30, 202X. Place your answer under "Requirement 6" in the "Answer" tab