Provide a description of the event represented by each of the following journalentries. a. Dr. Equipment b.

Provide a description of the event represented by each of the following journalentries.

Transcribed Image Text:

a. Dr. Equipment b. Dr. Accounts receivable c. Dr. Cash d. Dr. Land e. Dr. Salary expense f. Dr. Unearned revenue g. Dr. Accounts payable h. Dr. Insurance expense i. Dr. Interest receivable Cr. Cash Cr. Revenue Cr. Common shares Cr. Notes payable Cr. Salary payable Cr. Revenue Cr. Cash Cr. Prepaid insurance Cr. Interest revenue 2,000,000 20,000 7,500,000 350,000 8,500 10,000 15,000 2,500 25,000 2,000,000 20,000 7,500,000 350,000 8,500 10,000 15,000 2,500 25,000