Prepare journal entries based on the information provided below. Narrations are required. Transaction Date Transaction description 1-Jun Purchased a vehicle for$50,000 in cash. 2-Jun Revenue received in advance in cash for the amount of $4,500. 15-Jun Purchased supplies on account for an amount of $690. 20-Jun Paid advertising expense for an amount of $3,500. 25-Jun The owner made a drawing of $5,000. Answers: Date Account Debit Credit