Question: Mc For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the

Mc 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); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); 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 $83,000 in cash along with equipment having a $43,000 value. b. On May 21, Elegant Lawns purchases office supplies on credit for $540. c. On May 25, Elegant Lawns receives $9,100 cash for performing landscaping services. d. On May 30, Elegant Lawns receives $2,300 cash in advance of providing landscaping services to a customer. Analyze General Journal T accounts For each of the above transaction, 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); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). View transaction list Journal entry worksheet < A B C D Prev 1 of 6 www Next > Q Journal entry worksheet < A B C D On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $83,000 in cash along with equipment having a $43,000 value. Note: Enter debits before credits. Date May 15 General Journal Debit Credit Clear entry Record entry 7 View general journal < Analyze Taccounts
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