Create a journal entry for each transactions that happened during this Monopoly game.

Purchase Oriental Avenue for $100 Answer: Land (Asset) $100 Cash (Asset) $100

2) Purchase St. Charles Place for $140

3) Purchase Kentucky Ave for $220

4) Pay $50 to get out of jail Answer: Fines & Penalty Expense $ 50 Cash (Asset) $ 50

5) Purchase States Ave for $140

6) Pay $10 to another player for birthday (Hint: Debit Miscellaneous Expense)

7) Purchase Illinois Ave for $240

8) Receive $50 from another player. (Hint: Use miscellaneous revenue)

9) Receive $100 from Community Chest

10) Receive Rent Revenue of $6 from another player

11) Pass Go, Receive $200 Salary

12) Chance: Life Insurance Matures, Receive $100

13) Receive Rent from opponent of $10

14) Land on utility company, pay expense of $60

15) Purchase St. James Place for $180

16) Receive $14 for Rent from opponent

17) Purchase B&O Railroad for $200

18) Purchase Ventnor Ave for $260

19) Pay Rent to another player of $35

20) Pass Go, Collect $200 Salary