Prepare journal entries for the transactions for M. Conway's (Architectural) business using the Step #1 ,...

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Prepare journal entries for the transactions for M. Conway's (Architectural) business using the Step #1 , 2 , 3 , 4: Journal, Ledger & Trial Balance template. *Be sure to include a description for each transaction including the type of source document and source document number (if applicable). • Use the chart of accounts shown to assist you with account identification and account names. You do not need to do anything with the account numbers at this point. • Ignore the extra tabs in the journal template file for now. We will use those sheets and sections later. 100 Cash 101 Accounts Receivable/Bakos Contractors 141 Office Equipment 142 Automobile 200 Accounts Payable/Ajax Motors Feb. 1 2 3 4 5 5 555 300 400 607 Rent Expense 608 Salaries Expense 610 Telephone Expense M. Conway, Capital Fees Earned M. Conway invested $40 000 cash in an architectural consulting business. Bought office equipment, $6000, Cheque 1. Bought an automobile for the business from Ajax Motors Ltd. on credit. The price of the car was $28 000, Invoice 7469. Received $1500 for services provided to a customer, Sales Slip 1. Sent Invoice 1 for $1000 to Bakos Contractors for architectural services provided. Paid the February rent, $1600, Cheque 2. Paid office salaries, $1450, Cheque 3. Paid $150 for the installation of a telephone, Cheque 4. Prepare journal entries for the transactions for M. Conway's (Architectural) business using the Step #1 , 2 , 3 , 4: Journal, Ledger & Trial Balance template. *Be sure to include a description for each transaction including the type of source document and source document number (if applicable). • Use the chart of accounts shown to assist you with account identification and account names. You do not need to do anything with the account numbers at this point. • Ignore the extra tabs in the journal template file for now. We will use those sheets and sections later. 100 Cash 101 Accounts Receivable/Bakos Contractors 141 Office Equipment 142 Automobile 200 Accounts Payable/Ajax Motors Feb. 1 2 3 4 5 5 555 300 400 607 Rent Expense 608 Salaries Expense 610 Telephone Expense M. Conway, Capital Fees Earned M. Conway invested $40 000 cash in an architectural consulting business. Bought office equipment, $6000, Cheque 1. Bought an automobile for the business from Ajax Motors Ltd. on credit. The price of the car was $28 000, Invoice 7469. Received $1500 for services provided to a customer, Sales Slip 1. Sent Invoice 1 for $1000 to Bakos Contractors for architectural services provided. Paid the February rent, $1600, Cheque 2. Paid office salaries, $1450, Cheque 3. Paid $150 for the installation of a telephone, Cheque 4.