$\backslash$table$[[$June$,1,$Emily Holmes invested $$8,000$ cash to begin the business; she received common stock for her investment.$],[2,$Paid rent for June, $$375.,],[3,$Purchased office equipment on account, $$2,800.,],[6,$Purchased art materials and other supplies costing $$2,500$; paid $$900$ down with the remainder due within $30$ days.,$],[11,$Billed clients for services, $$4,750.,],[17,$Collected $$2,600$ from clients on account.,$],[19,$Paid $$2,000$ on account to office equipment company $($see June $3$ transaction$).,],[25,$Emily Holmes received a $$750$ dividend.,$],[30,$Paid utility bill for June, $$525.,],[30,$Paiid salaries for June, $$2,750.,]]$

Accounting Equation

Journal Entries

a$.$ Using the accounting equation, record each of the transactions in columnar format.