For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Use the following (partial) chart of accountsaccount numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $7,000 in cash along with equipment having a $3,000 value. On May 21, Elegant Lawns purchases office supplies on credit for $500. On May 25, Elegant Lawns receives $4,000 cash for performing landscaping services. On May 30, Elegant Lawns receives $1,000 cash in advance of providing landscaping services to a customer.

Post the entry using T-accounts to represent ledger accounts. (TIP: For right side T-account entries you must use a right side date selection. For left side T- account entries you must use a left side date selection.) Date Amount Date May 15 May 25 Amount Cash 101 Amount 7,000 4,000 1,000 Office Supplies 124 Amount Date 500 Date May 21 May 30 End, bal 12.000 End, bal 500 Equipment 167 Amount Date 3,000 Amount Date Date May 15 Accounts Payable 201 Amount Date 500 X Amount May 21 x End. bal. 3.000 End, bal. 500 Unearned Landscaping Revenue 236 Amount Date 1,000 X Amount Date May 30 Amount D. Tyler, Capital 301 Amount Date 10,000 X Date May 15 x X End. bal. 1,000 End. bal. 10,000 Landscaping Revenue 403 Amount Date 4,000 X Date May 30 Amount End, bal 4,000