BIG WAVE DAVE BOARD REPAIR SERVICES LTD$.$

Dave Scott opened Big Wave Dave Board Repair Services Ltd$.$ in June $2023.$ During June the

following transactions were completed:

June $1$ Dave invested $$24,000$ cash in the business for $1,000$ common shares.

June $1$ Purchased used board repair equipment for $$26,000,$ paying $$4,000$ cash and the

balance placed on account $($the equipment had a list price of $$27,000).$

June $1$ Paid $$500$ for the June rent.

June $3$ Purchased board repair supplies for $$1,800$ on account.

June $5$ Purchased $$2,400$ on a $1-$year insurance policy, effective June $1$st$.$

June $12$ Billed $($invoiced$)$ customers $$3,800$ for repair services done in June.

June $18$ Paid $$3,000$ of the amount owed on equipment, and $$400$ of the amount owed on repair

supplies.

June $20$ Paid $$1,600$ for employee salaries.

June $21$ Collected $$1,400$ from customers billed on June $12.$

June $25$ Billed customers $$3,000$ for repair services.

June $30$ Received the utilities bill for June, $$150,$ to be paid in July.

June $30$ Declared and paid a $$500$ cash dividend. a$)$ Journalize and post the June transactions on page $5$ in the Big Wave Dave General Journal

$($on General Journal page J$1($may add another page if necessary$)$ and post into the General

Ledger$).$

b$)$ Prepare an unadjusted trial balance as at June $30,2023$