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.

Data from Exercise 2-13:

Southwest Tours Co. is a travel agency. The nine transactions recorded by Southwest Tours during May 2012, its first month of operations, are indicated in the following T accounts:

Cash Dividends Equipment 18,000 (9) (1) 40,000 (2) 10,000 (3) 2,000 (3) 4,000 (7) 3,600 (4) 2,700 (6) 9,000 (9) 4,000 Accounts Receivable 18,500 (7) Accounts Payable Service Revenue (5) (5) 10,000 (6) 9,000 (3) 14,400 18,500 Supplies 2,000 (8) Capital Stock Operating Expenses (2) 1,050 (1) 40,000 (4) 2,700 (8) 1,050