prepare the journal entries to record these transactions.

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Professor Quark opens his own company, Electronic Tutorial Services, and complete the following transactions in June:6/1 Quark invests $12,000 into the business.6/3 Purchased $1,800 of equipment on account.6/4 Paid $360 premium for a two-year insurance policy.6/6 Purchased office supplies for cash, $300.6/9 Purchased a new computer for $7,500. Paid $1,500 cash agreed to pay the remainder in 30 days.6/10 Billed student Fiona Smith $40 for tutorial services that were performed.6/14 Paid for the equipment purchased on June 3rd.6/25 Received $35 cash from student Bert Bantrum for tutorial services performed.6/30 Student billed on June 10 pays the amount due to Quark.6/30 Quark withdraws $500 for personal use.Required: Prepare the journal entries to record these transactions.

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