Please answer 1-4

mework Problems: HW2b- Chapter 2 + . Carefully review the journal entry description for each of the 6 indicated transactions below, then select the correct accounts to debit/credit from the drop down pick-lists that can be accessed by clicking in the calls indicated se ed: Sep 5 at 12:39pm Account to be Debited/Credited. Also manually enter the dollar amount in d. Also manually enter the do debit/credit columns of the general journal. liz Instructions Afterwards, manually "post" the entry amounts to the appropriate ledger accounts that follow below. nload the Excel Document , (named: Preparing and Posting Journal Entries) in "MyExceLab" for Chapter 2 solve it. Then, answer following questions: plicable newsproblem, correct selections/entries/postings will turn green. An additional message will appear within each ledger account once you have successfully posted all activity to a particular ledger account. Question 1 1 pts GENERAL JOURNAL Page 1 Date Accounts Debit Credit What is the Journal Entries for issuing Stock? 5 ACCOUNT TO BE DEBITED ACCOUNT TO BE CREDITED O Accounts Debit Credit cash ssued $100,000 in capital stock for Cash 100,000 Capital Stock 100,000 Jan. 7 ACCOUNT TO BE DEBITED O Accounts Debit Credit ACCOUNT TO BE CREDITED Accounts Receivable 100,000 Provided $39,000 services on Capital Stock * 100,000 Accounts Debit Credit Jan. 9 ACCOUNT TO BE DEBITED Cash 100,000 ACCOUNT TO BE CREDITED Stockholders Equity 100,000 Paid wages of $10,000 O Accounts Debit Credit Common Stock 100,000 Jan. 10 ACCOUNT TO BE DEBITED Cash 00,000 ACCOUNT TO BE CREDITED Purchased land by obtaining a an. 12 ACCOUNT TO BE DEBITED 1 pts D Question 2 ACCOUNT TO BE CREDITED Collected $24,000 on account receivable Jan. 18 ACCOUNT TO BE DEBITED ACCOUNT TO BE CREDITED Paid a $1,000 dividend Question 4 1 pts What is the Journal Entries for providing $39,000 service on account? O Jan. 7 Cash What is the Cash T-account balance in General Ledger? 39,000 Service Revenue 39,000 113,000 O Jan. 7 Accounts Receivable 39,000 Service Revenue 39,000 114,000 O Jan. 7 Revenue 90,000 39,000 Accounts Payable 39,000 100,000 Jan. 7 Accounts Receivable 39,000 Cash 39,000 Question 5 1 pts Question 3 1 pt What is the Accounts Receivable (A/R) T-account balance in General Ledger? 39,000 What is the Journal Entries for purchasing Land with a $50,000 loan? 39,000 Jan. 10 Land 50,000 O 24,000 Accounts Payable- 50,000 15,000 Jan. 10 Land Payable 50,000 Cash 50,000 Jan. 10 Land 50,000 Loan Payable 50,000 Quiz saved at 1 Quiz Jan. 10 Land 50,000 Cash 50,000