Journalizing Transactions in Template, Journal Entry Form, and T-Accounts Creative Designs, a firm providing art services for advertisers, began business on June 1,2015. The following transactions occurred during the month of June.

June 1 Anne Clem invested $48,000 cash to begin the business in exchange for common stock. June 2 Paid $3,800 cash for June rent. June 3 Purchased $25,600 of office equipment on account. June 6 Purchased $15,200 of art materials and other supplies; paid $7,200 cash with the remainder due within 30 days. June 11 Billed clients $18,800 for services rendered. June 17 Collected $13,000 cash from clients on their accounts. June 19 Paid $12,000 cash toward the account for office equipment suppliers (see June 3). June 25 Paid $3,600 cash for dividends. June 30 Paid $1,400 cash for June utilities. June 30 Paid $10,000 cash for June salaries.

a. Record the below transactions for June using the financial statement effects template. b. Record the transactions for June in journal entry form. c. Post the transactions to the appropriate T-accounts. (For each T-account, enter answers in the in the first available space debit or credit space, as appropriate.)