2/18/23, 3:27 AM Critical Thinking - Chap 4 Question 1-Critical Thinking - Chap 4 - Connect Saved Help Save & Exit Submit 20 points 1 Skipped eBook Print References On June 1, 20X1, Jenna Davis opened the Leadership Coaching Agency. DATE TRANSACTION June 1 Jenna Davis invested $40,000 cash to start the business. 2 Issued Check 201 for $2,000 to pay the June rent for the office. 3 Purchased desk and other office furniture for $12,000 from Lowe's Of Supply, Invoice 5103; issued Check 282 for a $2,000 down payment with balance due in 30 days. 4 Issued Check 203 for $1,700 for supplies. 6 Performed services for $7,000 in cash. 7 Issued Check 204 for $3,000 to pay for advertising expense. 8 Purchased recording equipment for $15,000 from Special Moves, Inc., Inv 2122; issued Check 285 for a down payment of $5,8ee with the balance due i days. 10 Performed services for $5,500 on account. 11 Issued Check 206 for $3,000 to Lowe's Office Supply as payment on account. 12 Performed services for $10,000 in cash. 15 Issued Check 207 for $6,200 to pay an employee's salary. 18 Received payments of $4,000 from credit clients on account. 20 Issued Check 288 for $6,000 to Special Moves, Inc., as payment on account. 25 Issued Check 209 in the amount of $375 for the monthly telephone bill. 27 Issued Check 210 in the amount of $988 for the monthly electric bill. 28 Issued Check 211 to Jenna Davis for $5,000 for personal living expenses. 30 Issued Check 212 for $6,200 to pay the salary of an employee. Required: 1. Prepare the journal entries for the above transactions. 2. Post the above transactions to the ledger accounts. 3. Prepare a trial balance. 4. Prepare the income statement. 5. Prepare a statement of owner's equity. 6. Prepare the balance sheet. Analyze: How many postings were made to the Cash account? Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Trial Balance Income Statement Stmt of Owners Eqty Balance Sheet Prepare the journal entries for the above transactions. View transaction list Mc Graw Hill < Prev 1 of 1 Next > https:/leztomheducation.com/ext/map/index.html?_con con&external_browser-0&launchUn m.bc.edu/%252Fweba 1/1 /18/23, 3:28 AM Critical Thinking - Chap 4 20 points 1 Skipped Required: Question 1-Critical Thinking - Chap 4 - Connect Saved Help Save & Exit Submit 1. Prepare the journal entries for the above transactions. 2. Post the above transactions to the ledger accounts. 3. Prepare a trial balance. 4. Prepare the income statement. 5. Prepare a statement of owner's equity. 6. Prepare the balance sheet. Analyze: How many postings were made to the Cash account? Complete this question by entering your answers in the tabs below. eBook Print References General Journal Ledger. Accounts Trial Balance Income Statement Stmt of Owners Eqty Balance Sheet Prepare the journal entries for the above transactions. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 17 Jenna Davis invested $40,000 cash to start the business. Note: Enter debits before credits. Date June 01, 20X1 General Journal Debit Credit 2/18/23, 3:29 AM Critical Thinking- Chap 4 Question 1-Critical Thinking - Chap 4 - Connect Saved Help Save & Exit Submit 1 Complete this question by entering your answers in the tabs below. 20 points Skipped General Journal Ledger Accounts Trial Balance Income Statement Stmt of Owners Eqty Balance Sheet Prepare the journal entries for the above transactions. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 17 References Jenna Davis invested $40,000 cash to start the business. Note: Enter debits before credits. Date June 01, 20X1 General Journal Debit Credit Record entry Clear entry View general jou < General Journal Ledger Accounts