Question: Based upon the T accounts in Exercise 2-13, prepare the nine journal entries from which the postings were made. Journal entry explanations may be omitted.

Based upon the T accounts in Exercise 2-13, prepare the nine journal entries from which the postings were made. Journal entry explanations may be omitted.

Equipment 14,500 Lorene Jones, Drawing (9) 3,000 Cash (2) 2,500 (3) (1) (7) 40,000 8,700 (3) 4,000 4,850 (4) (6) (9) 5,5

Equipment 14,500 Lorene Jones, Drawing (9) 3,000 Cash (2) 2,500 (3) (1) (7) 40,000 8,700 (3) 4,000 4,850 (4) (6) (9) 5,500 3,000 Service Revenue (5) Accounts Receivable Accounts Payable 5,500 (3) 13,800| (7) 8,700 (6) 13,800 (5) 10,500 Lorene Jones, Capital (1) Operating Expenses 4,850 Supplies (8) 2,500 (2) 40,000 (4) (8) 1,100 1,100

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