Question: Hello, It marks my work as incomplete, can anyone tell me what im missing? Thanks! Check my work mode : This shows what is correct



Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not in 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 $76,000 in cash along with equipment having a $36,000 value in exchange for common stock. b. On May 21, Elegant Lawns purchases office supplies on credit for $400. c. On May 25, Elegant Lawns receives $8,400 cash for performing landscaping services. d. On May 30, Elegant Lawns receives $1,600 cash in advance of providing landscaping services to a customer. Answer is not complete. Complete this question by entering your answers in the tabs below. General Analyze Journal T accounts For each of the above transaction, analyze the transaction using the accounting equation. (Enter total amounts only.) Assets Liabilities Equity $ 112,000 $ 0 112,000 b. $ 400 $ 400 + $ 0 S 8,400 $ $ 8,400 d. $ 1,600 1,600 0 a. C. 0 +
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
