Required information Problem 4-5B Record transactions, post to the Cash T-account, and prepare the statement of cash flows (LO4-7) [The following information applies to the questions displayed below.] Peter loves dogs and cats. For the past several years, he has owned and operated Homeward Bound, which temporarily houses pets while their owners go on vacation. For the month of June, the company has the following transactions: 1. June 2 obtain cash by borrowing $20,000 fron the bank by signing a note. 2. Jane 3 pay rent for the current month, $1,000. 3. June 7 Provide services to customers, $4,800 for cash and $3,100 on account. 4. June 11 Purchase cages and equipenent necessary to maintain the animals, $8,000 cash. 5. June-17 Pay enployees' salaries for the first half of the month, $6,100. 6. June 22 pay dividenda to stockholders, $1,450. 7. June 25 Receive canh in advance from a customer who wants to house his two dogs (Chance and 5 hadow) and cat (Saasy) whilo he goes on vacation the month of July, $1,900. 8. June 28 Pay utilities for the month, $2,900. 9. June 30 Record salarien earned by employeen for the second half of the month, $6,100. Payment will be made on July 2 . Journal entry worksheet Record receipt of cash by borrowing $20,000 from the bank by signing a note. Note: Enter debits before credits. 3. Assuming the balance of cash at the beginning of June is $14,300, post each cash transaction to the Cash T-account