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); Common Stock (307); Dividends (319); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696).

1. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $72,000 in cash along with equipment having a $32,000 value in exchange for common stock.
2. On May 21, Elegant Lawns purchases office supplies on credit for $320.
3. On May 25, Elegant Lawns receives $8,000 cash for performing landscaping services.
4. On May 30, Elegant Lawns receives $1,200 cash in advance of providing landscaping services to a customer.

QS 2-6 Analyzing transactions and preparing journal entries LO P1 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 accounts-account numbers in parentheses Cash (101), Accounts Receivable (106): Office Supplies (124). Trucks (153); Equipment (167): Accounts Payable (201) Unearned Landscaping Revenue (236), Common Stock (307): Dividends (319): Landscaping Revenue (403): Wages Expense (601) and Landscaping Expense (696) 0. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $72.000 in cash along with equipment having a $32,000 value in exchange for common stock b. On May 21, Elegant Lawns purchases office supplies on credit for $320. c. On May 25, Elegant Lawns receives $8,000 cash for performing landscaping services d. On May 30, Elegant Lawns receives $1,200 cash in advance of providing landscaping services to a customer Complete this question by entering your answers in the tabs below. Analyze General Journal T accounts For each of the above transactions, record the transaction in journal entry form. Use the following (partial chart of accounts-account numbers in parentheses: Cash (101): Accounts Receivable (106), Office Supplies (124): Trucks (153): Equipment (167): Accounts Payable (701) Unearned Landscaping Revenue (236): Common Stock (307): Dividends (319): Landscaping Revenue (403): Wage Expense (6011 and Landscaping Expense (696). For each of the above transactions, record the transaction in journal entry form. Use the following (partial) chart of accounts-account numbers in parentheses: Cash (101); Accounts Receivable (106): Office Supplies (124) Trucks (153); Equipment (167): Accounts Payable (201); Uneamed Landscaping Revenue (236); Common Stock (307); Dividends (319); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). Show less View transaction list Journal entry worksheet 2 3 4 On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $72,000 in cash along with equipment having a $32,000 value. Note: Enter debts before credits General Journal Debit Credit Date May 15 Cash Equipment QS 2-6 Analyzing transactions and preparing journal entries LO P1 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 accounts-account numbers in parentheses: Cash (101), Accounts Receivable (106), Office Supplies (124) Trucks (153): Equipment (167): Accounts Payable (201). Unearned Landscaping Revenue (236). Common Stock (307); Dividends (319): Landscaping Revenue (403), Wages Expense (601), and Landscaping Expense (696). a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $72,000 in cash along with equipment having a $32,000 value in exchange for common stock b. On May 21, Elegant Lawns purchases office supplies on credit for $320. c. On May 25, Elegant Lawns receives $8,000 cash for performing landscaping services d. On May 30, Elegant Lawns receives $1.200 cash in advance of providing landscaping services to a customer Complete this question by entering your answers in the tabs below. Analyze General Journal T accounts Post the entry using T-accounts to represent ledger accounts. 44 Cash 101 Office Supplies 124 nd bal Equipment 167 Accounts Payable 201 End bal End, bal Unearned Landscaping Revenue 236 Common Stock 307 End, bal Landscaping Revenue 403 3. nf 10 Next