The first five transactions of Dash Carter Hockey School have been posted to the company's accounts as

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The first five transactions of Dash Carter Hockey School have been posted to the company's accounts as shown here:
Hockey Equipment (5) 1,500 Supplies (2) Cash (1) 7,500 (3) 5,250 75 (4) 1,375 (5) 1,500
Accounts Payable 75 Note Payable (4) 1,375 Land (3) 5,250

Required
Prepare the journal entries that served as the sources for posting the five transactions. Date each entry April 30, 2014, and include an explanation for each entry as illustrated in the chapter.

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Accounting Volume 1

ISBN: 978-0132690096

9th Canadian edition

Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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