Question: E2-29B (Learning Objectives 2, 3: Understanding how accounting works; journalizing transactions) Green Tree Cellular, Inc., completed the following transactions during April 20X6, its first month
E2-29B (Learning Objectives 2, 3: Understanding how accounting works; journalizing transactions) Green Tree Cellular, Inc., completed the following transactions during April 20X6, its first month of operations: Apr 1 Received 19,600 and issued ordinary shares. 2 Purchased 900 of office supplies on account. 4 Paid 14,600 cash for land to use as a building site. 6 Performed service for customers and received cash of 2,500. 9 Paid 200 on accounts payable 17 Performed service for UPS on account totaling 1,200. 23 Collected 900 from UPS on account. 30 Paid the following expenses: salary, 1,900; rent, 1,400. Requirement I. Record the transactions in the journal of Green Tree Cellular, Inc. Key transactions by date and include an explanation for each entry
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