The Accountant of Action Adventure Games Prepared a Balance Sheet $\quad$

The accountant of Action Adventure Games prepared a balance sheet after every 10 day period.The only resources invested by its sole stockholder were at the start of the company on June 1.During June,the first month of operation,the following balance sheets were prepared:
$\quad$ $\quad$ $\quad$$\begin{array}{c} \text { ACTION ADVENTURE GAMES} &\\ \text { Balance Sheet } &\\ \text { June 10} &\end{array}$
$\quad\quad\quad\quad\text { Assets}\quad\quad\quad\quad\quad\quad\text { Equity}$
$\begin{array}{|l|c|l|r|}\hline \text { Cash } & \$ 60,000& \text { Common stock. } & \$ 60,000 \\\hline && \text { Total liabilities and } & \\\text { Total assets.. }&\$60,000&\text { equity }&\$60,000\\\hline\end{array}$

$\begin{array}{c} \text {ACTION ADVENTURE GAMES}\\ \text {Balance Sheet}\\ \text {June 20}\\\begin{array}{|l|c|l|l|}\hline \text { Assets } && \text { Liabilities } & \\\hline \text { Cash. } & \$ 48,000& \text { Notes payable. } & \$ 18,000 \\\hline \text { Land. } &10,000& \text { Equity } & \\\hline \text { Building. } & 20,000 &\text { Common stock. } & 60,000 \\\hline&&\text { Total liabilities and } \\ \text { Total assets } & \$ 78,000& \text { equity } &\$78,000 \\\hline\end{array}\end{array}$
$\begin{array}{c}\text {ACTION ADVENTURE GAMES}\\\text {Balance Sheet}\\\text {June 30}\\\begin{array}{|l|c|l|l|}\hline \text { Assets } & &\text { Liabilities } & \\\hline \text { Cash. } & \$ 51,000 &\text { Accounts payable. } & \$ 2,000 \\\hline \text { Office supplies. } &2,000& \text { Notes payable. } & 18,000 \\\hline \text { Land. } &10,000& \text { Equity } & \\\hline \text { Building. } & 20,000&\text { Common stock. } & 60,000 \\\hline && \text { Retained earnings } & 3,000 \\\hline&&\text { Total liabilities and } \\ \text {Total asset } &\$ 83,000 &\text { equity }&\$83,000 \\\hline\end{array}\end{array}$

Required: Describe the nature of each of the four transactions that took place between the balance sheet dates shown.Assume only one transaction affected each account.