File Home insert Draw PageLayout Formulas Data Review View Help PROTECTED VIEW Be careful iles from the Internet can contain iruses. Unless you need to ed 5 safer to stay in Protected View. Instructions: Analyze the following transactions and record the Journal Entry and T-Account. Business Name: Melanie's Quilts Owner: Melanie Oliver Type: Sole Proprietor Transact Journal Entry - TAccounts (Posting) Transact Melanie Oliver has decided to start selling her hand-crafted quilts online and at craft shows. She will use social media to market her products. Although she will be using her home and her current machine at the beginning, she may need to purchase additional supplies and equipment. Melanie sells pre-made and custom quilts. ion (a) November 1, Melanie contributes $2500 of her money to her businesss account Date Debit/Credit Ref Debit (Amt) (3) cm,\" (Amt) Fill in highlighted cells. In T-Accounts, only one side (debit or credit) should he completed. ll ion (b) November 1, Melanie pays $85 cash at a registry agent for a business license. (Account name given.) Date Debit/Credit Ref Debit (Amt) Credit (Amt) (b) Business Expense Journal General Ledger Financial Statements Marking Guide erg-av who D- + 2:28 PM 2022-04-03 X X AutoSave Off V Final Part A_SP Financial Statements (Data File) (2) Search (Alt+Q) leanne safadi LS File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X Date Insert Calibri 11 A A Conditional Formatting LA $ ~ % 9 Format as Table x Delete OV Paste Analyze BI U A KE FE Sensitivity Cell Styles ~ Format Data Undo Clipboard Font IN Alignment Number Styles Cells Editing Analysis Sensitivity B27 :X V fx A B D G H 16 Transaction (b) November 1, Melanie pays $85 cash at a registry agent for a business license. (Account name given.) 17 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 18 Journal Entry (b) 19 20 21 T-Accounts (Posting) Business Expense 22 23 24 November 2, Melanie contracts YEG Media for $150 in social media marketing which will be payable when 25 Transaction (c) the campaign is complete. 26 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 27 Journal Entry ( c ) 28 29 30 T-Accounts (Posting) ... 31 OneDrive X 32 33 Screenshot saved November 3, with cash, Melanie purchases $375 of supplies (frabric and notions) from Fabricland which The screenshot was added to your OneDrive. Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide 1 : 1 Accessibility: Investigate 100% Ready ENG 2:26 PM LO 1 Mostly cloudy US 2022-04-03X LS X AutoSave Off V Final Part A_SP Financial Statements (Data File) (2) Search (Alt+Q) leanne safadi File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X Date Conditional Formatting Insert Calibri 11 A A LA $ ~ % 9 Format as Table Ex Delete OV Paste Analyze Sensitivity BIUV A Cell Styles ~ [ Format Data Undo Clipboard Font IN Alignment Number Styles Cells Editing Analysis Sensitivity B27 :XV fx A B C D E F G H 31 32 33 November 3, with cash, Melanie purchases $375 of supplies (frabric and notions) from Fabricland which 34 Transaction (d) she will start making into quilts immediately. 35 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 36 Journal Entry (d) 37 38 39 T-Accounts (Posting) 40 41 42 November 8, Melanie receives her an order for a custom quilt. The quilt will cost $250 and Melanie will 43 Transaction (e) receive the payment in December. 44 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 45 Journal Entry (e) OneDrive ... X 46 47 Screenshot saved 48 T-Accounts (Posting) The screenshot was added to your OneDrive. Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide + Ready Accessibility: Investigate 100% 7.C ENG 2:26 PM 1 Mostly cloudy US 2022-04-03X AutoSave Off V Final Part A_SP Financial Statements (Data File) (2) Search (Alt+Q) leanne safadi LS X File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X Date Conditional Formatting Insert Calibri 11 A A $ ~ % 9 Format as Table OV Paste LA x Delete Analyze Sensitivity BIUV A KE FE Cell Styles ~ [ Format Data Undo Clipboard Font IN Alignment Number Styles Cells Editing Analysis Sensitivity B27 :X V fx A B D G H November 8, Melanie receives her an order for a custom quilt. The quilt will cost $250 and Melanie will 43 Transaction (e) receive the payment in December. 44 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 45 Journal Entry (e) 46 47 48 T-Accounts (Posting) 49 50 51 November 15, Melanie sells one pre-made quilt from her inventory at a craft show for $185. (Account 52 Transaction (f) name given.) 53 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 54 Journal Entry (f) 55 56 57 T-Accounts (Posting) Pre-Made Quilt Sales OneDrive ... X 58 59 Screenshot saved 60 The screenshot was added to your Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide OneDrive. + 100% Ready Accessibility: Investigate ENG 2:26 PM O Mostly cloudy BU 1 US 2022-04-03X AutoSave V Final Part A_SP Financial Statements (Data File) (2) leanne safadi LS X Off Search (Alt+Q) File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X Date Conditional Formatting Insert Calibri 11 A A LA $ ~ % 9 Format as Table x Delete OV Analyze Sensitivity Paste BIUV A KE FE Cell Styles ~ [ Format Data Cells Editing Analysis Sensitivity Undo Clipboard Font IN Alignment Number Styles B27 :X V fx A B D G H November 22, Melanie sells and ships 2 quilts from her inventory to a customer in Calgary for a total cost 61 Transaction (g) of $350. 62 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 63 Journal Entry (g) 64 65 66 T-Accounts (Posting) 67 68 69 November 26, Melanie orders $475 of custom fabric on account. Assume that she will use the fabric to 70 Transaction (h) immediately make quilts. 71 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 72 Journal Entry (h) 73 74 75 T-Accounts (Posting) OneDrive ... X 76 Screenshot saved 77 78 The screenshot was added to your OneDrive. Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide + : 1 100% Ready Accessibility: Investigate L X ENG 2:26 PM O 1 US 2022-04-03 Mostly cloudyX AutoSave Off V Final Part A_SP Financial Statements (Data File) (2) Search (Alt+Q) leanne safadi LS X File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X Date A A Conditional Formatting Insert Calibri 11 LA $ ~ % 9 Format as Table Ex Delete OV Paste Analyze Sensitivity BIUV A Cell Styles ~ [ Format Data Undo Clipboard Font IN Alignment Number Styles Cells Editing Analysis Sensitivity B27 :X V fx A B C D E F G H 73 74 75 T-Accounts (Posting) 76 77 78 79 Transaction (i) Novmebr 28, Melanie withdraws $500 from the account for personal use. 80 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 81 Journal Entry (i) 82 83 84 T-Accounts (Posting) 85 86 87 88 Transaction (j) November 28, Melanie orders a quilting table (equipment) from Amazon. She pays $940 cash. 89 Date Debit/Credit Ref Debit (Amt) Credit (Amt) OneDrive ... X 90 Journal Entry (j) 91 Screenshot saved 92 The screenshot was added to your OneDrive. Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide + Ready Accessibility: Investigate 100% ENG 2:26 PM O 1 Mostly cloudy US 2022-04-03X AutoSave Off V Final Part A_SP Financial Statements (Data File) (2) Search (Alt+Q) leanne safadi LS X File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X Date Conditional Formatting Insert Calibri 11 A A LA $ ~ % 9 Format as Table Ex Delete OV Paste Analyze Sensitivity BIUV A Cell Styles ~ [ Format Data Undo Clipboard Font IN Alignment Number Styles Cells Editing Analysis Sensitivity B27 :X V fx A B C D E F G H 91 92 93 T-Accounts (Posting) 94 95 96 November 29, Melanie completes and and collects payment for 2 custom quilts for a total of $480. 97 Transaction (k) (Account name given.) 98 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 99 Journal Entry ( k ) 100 101 102 T-Accounts (Posting) Custom Quilt Sales 103 104 105 106 Transaction (1) November 30, Melanie pays $300 towards the fabric she bought on account. (See transadction h.) OneDrive ... X 107 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 108 Journal Entry (1) Screenshot saved 109 The screenshot was added to your OneDrive. Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide + : 1 Ready Accessibility: Investigate 100% LO ENG 2:26 PM Mostly cloudy L 1 US 2022-04-03X AutoSave Off V Final Part A_SP Financial Statements (Data File) (2) Search (Alt+Q) leanne safadi LS X File Home Insert Draw Page Layout Formulas Data Review View Help Comments Share X A Date Insert Calibri 11 A Conditional Formatting LA $ ~ % 9 Format as Table Ex Delete OV Paste BIUV A Analyze Sensitivity Cell Styles ~ [ Format Data Undo Clipboard Font IN Alignment Number Styles Cells Editing Analysis Sensitivity B27 :X V fx A B C D E F G H 109 10 111 T-Accounts (Posting) 112 113 114 November 30, Melanie receives an invoice from YEG Media for $150 and pays by e-transfer. (See 15 Transaction (m) transaction c.) 116 Date Debit/Credit Ref Debit (Amt) Credit (Amt) 117 Journal Entry (m) 18 19 120 T-Accounts (Posting) 121 122 123 Enter your first and last name in the center footer on this sheet. 124 OneDrive ... X 125 126 Screenshot saved 127 The screenshot was added to your Transactions and T-Accounts Journal General Ledger Financial Statements Marking Guide + : 1 OneDrive. Ready Accessibility: Investigate 100% LO X ENG 2:26 PM 1 Mostly cloudy L US 2022-04-03