Problem 1 : P3-33A Background: Laughter Landscaping collected the following data for the December 31, 2018 adjusting entries, as well as subsequent entries related to those adjustments. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each 12/31 adjustment. Click Post Transaction once you complete the entry, then repeat these steps for each adjusting entry. 2) Using the General Journal tab, click Add Transaction to journalize each subsequent transaction related to the 12/31 adjustments. Click Post Transaction once you complete the entry, then repeat these steps for each subsequent transaction. 3) Click the Reports tab and view the results of recording these Transactions: 12/31/2018 Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a five-day workweek. This year, December 31 falls on a Tuesday. Laughter will pay its employees on January 3. 12/31/2018 On January 1 of the current year, Laughter purchased an insurance policy that covers two years, $8,000. 12/31/2018 The beginning balance of Office Supplies was $4,300. During the year, Laughter purchased office supplies for $5,600, and at December 31 the office supplies on hand total $1,500. DED SAVE WORK RESET RESULTS SUBMIT WORK 3:1 BUSINESS REPORTS December 1, 2018 February 28, 2019 COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Accounts Debit Credit No transactions in Journal ADD TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED TRANSACTIONS Problem 1 : P3-33A Background: Laughter Landscaping collected the following data for the December 31, 2018 adjusting entries, as well as subsequent entries related to those adjustments. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each 12/31 adjustment. Click Post Transaction once you complete the entry, then repeat these steps for each adjusting entry. 2) Using the General Journal tab, click Add Transaction to journalize each subsequent transaction related to the 12/31 adjustments. Click Post Transaction once you complete the entry, then repeat these steps for each subsequent transaction. 3) Click the Reports tab and view the results of recording these Transactions: 12/31/2018 During December, Laughter designed a landscape plan for Carly Enterprises, which prepaid $6,500. Laughter recorded this amount as Unearned Revenue. The job will be complete in February 2019. Laughter estimates that the company has earned 40% of the total revenue as of December . 12/31/2018 At December 31, Laughter had earned $3,000 for landscape services completed for Turkey Appliances. Turkey has stated that it will pay Laughter on January 10. 12/21/2010 Monroviation for the current incluido Carinmont non. and Triclee nn icomoloto scamoundonte, for this transaction SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS December 1, 2018 February 28, 2019 COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Accounts Debit Credit No transactions in Journal ADD TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED TRANSACTIONS Problem 1 : P3-33A Background: Laughter Landscaping collected the following data for the December 31, 2018 adjusting entries, as well as subsequent entries related to those adjustments. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each 12/31 adjustment. Click Post Transaction once you complete the entry, then repeat these steps for each adjusting entry. 2) Using the General Journal tab, click Add Transaction to journalize each subsequent transaction related to the 12/31 adjustments. Click Post Transaction once you complete the entry, then repeat these steps for each subsequent transaction. 3) Click the Reports tab and view the results of recording these Transactions: 12/31/2018 Depreciation for the current year includes Equipment, $3,000; and Trucks, $2,200. (Complete a compound entry for this transaction). 12/31/2018 Laughter has incurred $250 of interest expense on a $550 interest payment due on January 15. 01/03/2019 Paid employee salaries for the week, $8,000. 01/10/2019 Collected $3,000 from Turkey Appliances for work completed in December. 01/15/2019 Paid $550 interest payment. SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Accounts Debit Credit No transactions in Journal ADD TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED TRANSACTIONS