Hatcher Tool Service
the Following Transactions Occurred During June 2013 $\quad$

Hatcher Tool Service
The following transactions occurred during June 2013:
June 1 $\quad$ Purchased a service truck for $\$ 25,500$ , paying $\$ 5,500$ now and is suing a note payable for the balance; the note is due in monthly installments of $\$ 500$ plus $10 \%$ interest on the unpaid principal balance.

June 8 $\quad$ Performed services of $\$ 30,400$ . Received $\$ 6,400$ cash from customers and $\$ 24,000$ for customers billed for completed services.

June 22 $\quad$ Issued common stock in exchange for land having a fair value of $\$ 70,000$ .

June 30 $\quad$ Received an invoice for $\$ 2,400$ from the company's advertising agency for radio and television adswhich were run during the month; the invoice is che in 30 days.
- Refer to Hatcher Tool Service.Record each transaction in proper journal entry format in the journal provided.A written explanation for each journal entry is not required.
$\begin{array}{llcc} \text { JOURNAL } & \\\underline {\text { Date } }&\underline {\text { Accounts }}&\underline {\text { Debit}}&\underline {\text { Credit }}\\\end{array}$