Coke Consulting completes the following transactions during June 1. Chris Cooke, the owner, invested 80000 RM...

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Coke Consulting completes the following transactions during June 1. Chris Cooke, the owner, invested 80000 RM cash along with office equipment valued at 30000 RM in the new company in exchange for common stock. 2. The company purchased land valued at 30000 RM and a building valued at 170000 RM. The purchase is paid with 40000 RM cash and a long-term note payable for 160000 RM. 3. The company purchased 2400 RM of office supplies on credit. 4. C. Cooke invested his personal automobiles in the company in exchange for more common stock. The automobile has a value of 18000 RM and is to be used exclusively in the business. 5. The company purchased 6000 RM of additional office equipment on credit. 6. The company paid 1500 RM cash salary to an assistant. 7. The company provided services to a client and collected 6000 RM cash. 8. The company paid 800 RM cash for the month's utilities. 9. The company paid 2400 RM cash to settle the payable created in transaction 3. 10. The company purchased 20000 RM of new office equipment by paying 20000 RM cash. 11. The company completed 5200 RM of services for a client, who must pay within 30 days. 12. The company received 3800 RM cash in partial payment on the receivable created in transaction 11. 13. The company paid 6400 RM cash for dividends. Requirements: 1. Prepare general journal entries to record these transactions (use account titles in part 2) (29 marks) 2. Open the following ledger accounts (cash, Accounts Receivables, office supplies, Office Equipment, Automobiles, Building, Land, Accounts Payable, Notes Payable, Common Stock, Dividends, Fees Earned, Salaries Expense, and utilities expense. Post the journal entries from part 1 to the ledger accounts and enter the balance for each account. 3. Prepare a trial balance as of the end of June. (15 marks) (8 marks) Coke Consulting completes the following transactions during June 1. Chris Cooke, the owner, invested 80000 RM cash along with office equipment valued at 30000 RM in the new company in exchange for common stock. 2. The company purchased land valued at 30000 RM and a building valued at 170000 RM. The purchase is paid with 40000 RM cash and a long-term note payable for 160000 RM. 3. The company purchased 2400 RM of office supplies on credit. 4. C. Cooke invested his personal automobiles in the company in exchange for more common stock. The automobile has a value of 18000 RM and is to be used exclusively in the business. 5. The company purchased 6000 RM of additional office equipment on credit. 6. The company paid 1500 RM cash salary to an assistant. 7. The company provided services to a client and collected 6000 RM cash. 8. The company paid 800 RM cash for the month's utilities. 9. The company paid 2400 RM cash to settle the payable created in transaction 3. 10. The company purchased 20000 RM of new office equipment by paying 20000 RM cash. 11. The company completed 5200 RM of services for a client, who must pay within 30 days. 12. The company received 3800 RM cash in partial payment on the receivable created in transaction 11. 13. The company paid 6400 RM cash for dividends. Requirements: 1. Prepare general journal entries to record these transactions (use account titles in part 2) (29 marks) 2. Open the following ledger accounts (cash, Accounts Receivables, office supplies, Office Equipment, Automobiles, Building, Land, Accounts Payable, Notes Payable, Common Stock, Dividends, Fees Earned, Salaries Expense, and utilities expense. Post the journal entries from part 1 to the ledger accounts and enter the balance for each account. 3. Prepare a trial balance as of the end of June. (15 marks) (8 marks)