Question: please help ! thank you p/s: pls no hand-writing cause it a little bit hard to see . 5 Q R S T U V

please help ! thank you
p/s: pls no hand-writing cause it a little bit hard to see .  please help ! thank you p/s: pls no hand-writing cause it
a little bit hard to see . 5 Q R S T

5 Q R S T U V W X Y Z AA TRANSACTIONS-ANALYZE EACH ONE AND INSERT THE ENTRIES. TOCK 1 "Lavon Corporation issued 100,000 shares of $1.00 par common stock at par, receiving cash. (See footnote below) 2 The company purchased equipment costing $15,000, paying cash. INGS 3 Supplies were purchased for $4,000, on account. 4 The company paid rent in the amount of $2,500. VENUE 5 Advertising was purchased on account, $3,000. 6 Salaries were paid to employees in cash, $12,000, 7 The company provided $18,000 of services: $6,000 was received in cash and the rest will be received in 30 days. 8 The company paid $3,500 cash on account. 9 The company received $5,000 cash from customers, on account. 10 Depreciation was recorded in the amount of $1,500. (Adj.) 11 Supplies were used up in the amount of $1,000. (Adj.) NOTE: In practice, the net income would be closed to Retained Earnings. But, for this exercise, leave Retained Earnings empty. "A corporation issued shares of stock to investors. In this example, 100,000 shares were issued, and the price per share was $1.00. Cash goes up and Common Stock goes up. Here's the entry: CASH COMMON STOCK 100,000 100,000 Score: HINT: Make ALL entries to the Tects, the trial balance. The trial balance is protected ASSETS INCREASE: DEBIT DECREASE: CREDIT LIABILITIES INCREASE: CREDIT DECREASE: DEBIT OWNER'S EQUITY INCREASE: CREDIT DECREASE: DEBIT DR CR 101 CASH 201 ACCTS PAYABLE 301 COMMON STOCK 302 RET. EARNINGS 104 ACCTS RECEIVABLE 0 101 CASH 0 104 ACCTS RECEIVABLE 0 106 SUPPLIES 0 110 EQUIPMENT 0 112 ACC. DEPR. EQUIP. 0 201 ACCTS PAYABLE 0 301 COMMON STOCK 1 302 RET. EARNINGS 0 401 SERVICE REVENUE 0 501 RENT EXPENSE 0503 ADVERT. EXPENSE 0504 SALARY EXPENSE 0509 DEPR. EXPENSE 0 510 SUPPLIES EXPENSE 0 TOTALS In Balance? DR CR? OPERATIONS 501 RENT EXPENSE 401 SERVICE REVENUE 5 106 SUPPLIES 2 0 0 YES 503 ADVERT. EXPENSE 110 EQUIPMENT 504 SALARY EXPENSE 112 ACC. DEPR. EQUIP. 509 DEPR. EXPENSE 510 SUPPLIES EXPENSE

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