Exercise $13-14$A $($Algo$)$ Recording events in the general journal and identifying their effect on financial

statements LO $13-2$

a$.$ Performed $$22,700$ of services on account.

b$.$ Collected $$23,900$ cash on accounts receivable.

c$.$ Paid $$5,900$ cash in advance for an insurance policy.

d$.$ Paid $$1,490$ on accounts payable.

e$.$ Recorded the adjusting entry to recognize $$3,600$ of insurance expense.

f$.$ Received $$5,000$ cash for services to be performed at a later date.

g$.$ Purchased land for $$1,260$ cash.

h$.$ Purchased supplies for $$1,500$ cash.

Required

Record each of the above transactions in general journal form and then show the effect of the transaction in a horizontal statements

model. The first transaction is shown as an example.

Complete this question by entering your answers in the tabs below.

General

Journal

Horizontal

Statements

Model

Record each of the above transactions in general journal form.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

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