The following transactions took place during the month of June at Mashreq Company. Prepare the journal entries for the month of June.

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Transaction No. Date 123 1. June 5 2. June 6 3. June 8 4. Transaction Detail Purchased equipment on account for $9,000. Received $5,000 for services rendered on account. Paid cash $2,000 to a supplier to settle an account. June 10 Purchased office supplies worth of $1,500 on 5. June 14 55 6. June 17 7. June 19 8. June 20 9. 10. account. Paid $1,000 advertising expenses in cash. Received $2,000 advance payment for services to be rendered in September. Paid $3,000 rent expenses in cash. Invoiced a customer $2,000 for a services rendered but not collected during June. June 25 Paid cash $500 advertising expenses for an ad that will run in July. June 30 Cash dividends of $1,500 were paid to stockholders.