Journalizing Transactions in Template, Journal Entry Form, and T$-$Accounts

Creative Designs, a firm providing art services for advertisers, began business on June $1,2014.$ The following accounts in its general ledger are needed to record the transactions for June: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Common Stock; Retained Earnings; Service Fees Earned; Rent Expense; Utilities Expense; and Salaries Expense. Record the following transactions for June $($a$)$ using the financial statement effects template and $($b$)$ in journal entry form. $($c$)$ Set up T$-$accounts for each of the ledger accounts and post the entries to them $($key the numbers in T$-$accounts by date$).$

June$1$Anne Clem invested cash to begin the business in exchange for common stock.$$12,0002$Paid cash for June rent$\mathrm{.}9503$Purchased office equipment on account$\mathrm{.}6,4006$Purchased art materials and other supplies costing$3,800$paid this amount in cash with the remainder due within $30$ days$\mathrm{.}1,80011$Billed clients for services rendered$\mathrm{.}4,70017$Collected cash from clients on their accounts$\mathrm{.}3,25019$Paid cash toward the account for office equipment suppliers $($see June $3)\mathrm{.}3,00025$Paid cash for dividends$\mathrm{.}90030$Paid cash for June utilities$\mathrm{.}35030$Paid cash for June salaries$\mathrm{.}2,500$