QS $2-6$ Analyzing transactions and preparing journal entries LO P$1$

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 $$73,000$ in cash along with equipment

having a $$33,000$ value.

b$.$ On May $21,$ Elegant Lawns purchases office supplies on credit for $$340.$

c$.$ On May $25,$ Elegant Lawns receives $$8,100$ cash for performing landscaping services.

d$.$ On May $30,$ Elegant Lawns receives $$1,300$ cash in advance of providing landscaping services to a customer.

Complete this question by entering your answers in the tabs below.

Post the entry using T$-$accounts to represent ledger accounts. $($TIP: For right side T$-$account entries you must use a right side date selection. For left side T$-$

account entries you must use a left side date selection.$)$