Cincinnati Painting Service, Inc., specializes in painting houses. During the month of June, Cincinnati Painting engaged in the following transactions:

June 3 Purchased painting supplies from River City Supply for $750 on credit

8 Purchased a used van from Hamilton Used Car Sales for $6,500, paying $2,000 down and agreeing to pay the balance in six months

14 Paid $3,200 to hourly employees for work performed in June

22 Billed various customers a total of $8,700 for June painting jobs

26 Received $5,100 cash from James Eaton for a house painting job completed and billed in May

29 Collected $300 from Albert Montgomery on completion of a one-day painting job. This amount is not included in the June 22 bills.

Required:

1. Prepare a journal entry for each transaction.

2. Post the journal entries to Cincinnati Painting’s ledger accounts.