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Martin Engineering completed the following transactions in the month of June. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. Jun. 1 Lindsey Martin, the omer, invested $122,000 cash, office equipeent with a value of $10,509, and $71, 600 of drafting equipent to launch the company. Jun. 2 The company purchased land worth $54,500 for an office by paying $14,600cash and signing a long-tern note payable for $40,560. Jun. 3 The coopany purchased a portable building with $49,500 cash and noved it onto the land acquired on June 2. Jun. 4 The company paid $6,300 cash for the prealun on an 18-month insurance policy. Jun. 5 The company completed and delivered a set of plans for a client and collected 510,660 cash. Jun. 6 The company purchased $26,600 of additional drafting equipoent by paying $15,000 cash and signing a long-tern note payable for $11,600. Jun. 7 The coepany completed $22,860 of engineering services for a client. This amount is to be received in 36 days. Jun. 8 The coppany purchased $1,700 of additional office equipent on credit. Jun. 9 The company conpleted engineering services for $24,200 on credit. Jun. 10 The company received a bil1 for rent of equipoent that was used on a recently completed job. The $1,650 rent cost must be paid within 30 days. Jun. 12 The company collected $11,460 cash in partial payment from the client billed on June 9. Jun. 14 The company paid $2,200 cash for wages to a drafting assistant. Jun. 17 The company paid \$1,200 cash to settle the account payable created in on June B. Jun. 20 The company paid $1,200 cash fo fettle the account pasple crested in on June 8. Jun. 23 Lindsey Martin withdrew $9,700 cash froe the company for personal use. Jun. 28 The conpany paid $2,200 cash for wages to a drafting assistant. Junh. 29 The coppany paid $2,940 cash for advertiscanents on the web during June. Using the dropdown buttons, select the item that accurately describes the values thathither increase or decrease the owner's capital balance. Jun. 7 The company completed $22,800 of engineering services for a client. This amount is to be Jun. 8 The company purchased $1,700 of additional office equipment on credit. Jun. 9 The company completed engineering services for $24,200 on credit. Jun. 10 The company received a bill for rent of equipment that was used on a recently completed : within 30 days. Jun. 12. The company collected $11,400 cash in partial payment from the client billed on June 9. Jun. 14 The company paid $2,200 cash for wages to a drafting assistant. Jun. 17 The company paid $1,780 cash to settle the account payable created in on June 8 . Jun. 20. The company paid $1,200 cash for minor maintenance of its drafting equipment. Jun. 23 Lindsey Martn withdrew $9,700 cash from the company for personal use. Jun. 28 The company paid $2,200 cash for wages to a drafting assistant. Jun. 29 The company paid $2,940 cash for advertisements on the web during June. Using the dropdown buttons, select the item that accurately describes the values that either incr owner's capital balance