3 Problem 3.1A (Algo) Journalizing Transactions (LO3-3, LO3-4, LO3.5) 40 Gluteepee Theme mg Pinoy we were folk WR Feb. 1 GP Assere et $0,200 thin the inner in where tor 4,200 de Tab. 10 I ETT Erchuud afface facilitar for 3:8,009, of tich 1w, alicate the card : 3222,u to the 5.a. fol. Feb. 16 Computer utant wc rha trow Berlo 511.CAs can Feb. 16 Urrace furnlatangere purchased from Hey furahanga atout : 39,200.00 cm Para Na Edet the test p., whening te bliny $ sur richieste not returnere starych. wawili Tel. 32 Face suppliwa were purchased tren Dt.e harde ter $135 can Peb 25 Hotlineret til et both for vie prin portray to the wil swart wit wily Sun, hot and 35. Alderd te rrethit with reb. Jedes Turhange the set antallet due on the Court able to sti: turshta purchases on February 10 Peb. 28 Keskin rest in alle w Powe. W 23 Resuired: par pounds to recorde above rates Select the accounts fronths follower of Score Hew Ceah BH Mesto C C C-ce Fuman Computer Sale Las ifravuins W RM cestea valul b. Indoe the Chicas of cach trenuccion on the companys sect. lbs.erc cwrare county torte month of February. The 1 et transaction is pronded to You https://eztomheducation.com/ext/map/index.html?con-con&external browser Home - camerents and marries a 6 3 Indice hects of each transaction on the company's shines and wantes equity for the month of Fine The Fest Scions proved for you + 40 Complete this question by untering more in the low Rucunda Regut El Prepare also the overarea (if need for at selecte journal of the winter the dolara Vision Men by worksheet - No 21 Z Celt Peh 800,00 Capital 100.000 Foto 3 13 pen 180. XD Oh busing Cuah Nopea 34000 20 000 Z3 Tab in Computer Cuch 16.000 100% 4 Feb. 10 2 risch A. . 22 Creus 875 870 e Feb 23 30 Acco Corps CATES 24 7 Teb. 27 AN Cash 4430 B Feb. Cah Pames 24 Required) > ME GE Hill Brey 2 of 1 H L lyje 3 Problem 3.1A (Algo) Journalizing Transactions (LO3-3, LO3-4, LO3-5) 40 points Book AL int Glenn Grimes is the founder and president of Heartland Construction, a real estate development venture. The business transactions during February while the company was being organized are listed as follows Feb. i Grimes and several others invested $500,eee cash in the business in exchange for 30,62 shares of capital stock. Feb. 10 The company purchased office facilities for $33e, eae, of which $110,00 Applicable to the land and $220,000 to the building. A cash payent of $66,000 was made and a note payable was issued for the balance of the purchase price. Feb. 16 Computer equiposent was purchased from PChorld for $11,600 cash. Feb. 18 office furnishings were purchased from Hi-Way Furnishings at a cost of $9,ase. A $905 cash payment was made at the time of purchase, and an agreement was made to pay the remaining balance in two equal installments due March 1 and April 1. Hi-Way Furnishings did not require that Heartland cign e pranissory note. Feb. 22 Office Supplies were purchased from Office World for $435 cash Feb. 23 Heartland discovered that it paid too much for a computer printer purchased on February 16. The unit should have cost only $360, but Heartland was charged $385. Poworld promised to refund the difference within seven days. Feb. 27 Mailed Hi-Way Furnishings the first installment due on the account payable for office furnishings purchased on February 18. Feb. 28 Received $25 fron Horld in full settlement of the account receivable created on February 23. Required: a. Prepare Journal entries to record the above transactions. Select the appropriate account titles from the following chart of accounts. References Cash Accounts Receivable office Supplies Office Furnishings Computer System Land Office Building Notes Payable Accounts Payable Capital STIK b. Indicate the effects of each transaction on the company's ossets, Mobilities and owners' equity for the month of February. The Feb. 1 transaction is provided for you. Check my work 3 Complete this question by entering your answers in the tabs below Required A Required 40 points Indicate the effects of each transaction on the company's assets, liabilities, and owners' equily for the month of February. The Feb. 1 transaction is provided for you. (Amounts to be deducted should be indicated with minus sign.) Book Date Feb 1 Liabilities Ask Assets 500 000 Cash $ $ Owners' Equity 500,000 Capital stock $ Print Feb 10 References Feb. 16 Feb 18 Feb. 22 Feb. 23 3 Feb. 27 Feb 28 HH - OL a W ENG A) 11:14 PM 11/9/2021 3 Problem 3.1A (Algo) Journalizing Transactions (LO3-3, LO3-4, LO3.5) 40 Gluteepee Theme mg Pinoy we were folk WR Feb. 1 GP Assere et $0,200 thin the inner in where tor 4,200 de Tab. 10 I ETT Erchuud afface facilitar for 3:8,009, of tich 1w, alicate the card : 3222,u to the 5.a. fol. Feb. 16 Computer utant wc rha trow Berlo 511.CAs can Feb. 16 Urrace furnlatangere purchased from Hey furahanga atout : 39,200.00 cm Para Na Edet the test p., whening te bliny $ sur richieste not returnere starych. wawili Tel. 32 Face suppliwa were purchased tren Dt.e harde ter $135 can Peb 25 Hotlineret til et both for vie prin portray to the wil swart wit wily Sun, hot and 35. Alderd te rrethit with reb. Jedes Turhange the set antallet due on the Court able to sti: turshta purchases on February 10 Peb. 28 Keskin rest in alle w Powe. W 23 Resuired: par pounds to recorde above rates Select the accounts fronths follower of Score Hew Ceah BH Mesto C C C-ce Fuman Computer Sale Las ifravuins W RM cestea valul b. Indoe the Chicas of cach trenuccion on the companys sect. lbs.erc cwrare county torte month of February. The 1 et transaction is pronded to You https://eztomheducation.com/ext/map/index.html?con-con&external browser Home - camerents and marries a 6 3 Indice hects of each transaction on the company's shines and wantes equity for the month of Fine The Fest Scions proved for you + 40 Complete this question by untering more in the low Rucunda Regut El Prepare also the overarea (if need for at selecte journal of the winter the dolara Vision Men by worksheet - No 21 Z Celt Peh 800,00 Capital 100.000 Foto 3 13 pen 180. XD Oh busing Cuah Nopea 34000 20 000 Z3 Tab in Computer Cuch 16.000 100% 4 Feb. 10 2 risch A. . 22 Creus 875 870 e Feb 23 30 Acco Corps CATES 24 7 Teb. 27 AN Cash 4430 B Feb. Cah Pames 24 Required) > ME GE Hill Brey 2 of 1 H L lyje 3 Problem 3.1A (Algo) Journalizing Transactions (LO3-3, LO3-4, LO3-5) 40 points Book AL int Glenn Grimes is the founder and president of Heartland Construction, a real estate development venture. The business transactions during February while the company was being organized are listed as follows Feb. i Grimes and several others invested $500,eee cash in the business in exchange for 30,62 shares of capital stock. Feb. 10 The company purchased office facilities for $33e, eae, of which $110,00 Applicable to the land and $220,000 to the building. A cash payent of $66,000 was made and a note payable was issued for the balance of the purchase price. Feb. 16 Computer equiposent was purchased from PChorld for $11,600 cash. Feb. 18 office furnishings were purchased from Hi-Way Furnishings at a cost of $9,ase. A $905 cash payment was made at the time of purchase, and an agreement was made to pay the remaining balance in two equal installments due March 1 and April 1. Hi-Way Furnishings did not require that Heartland cign e pranissory note. Feb. 22 Office Supplies were purchased from Office World for $435 cash Feb. 23 Heartland discovered that it paid too much for a computer printer purchased on February 16. The unit should have cost only $360, but Heartland was charged $385. Poworld promised to refund the difference within seven days. Feb. 27 Mailed Hi-Way Furnishings the first installment due on the account payable for office furnishings purchased on February 18. Feb. 28 Received $25 fron Horld in full settlement of the account receivable created on February 23. Required: a. Prepare Journal entries to record the above transactions. Select the appropriate account titles from the following chart of accounts. References Cash Accounts Receivable office Supplies Office Furnishings Computer System Land Office Building Notes Payable Accounts Payable Capital STIK b. Indicate the effects of each transaction on the company's ossets, Mobilities and owners' equity for the month of February. The Feb. 1 transaction is provided for you. Check my work 3 Complete this question by entering your answers in the tabs below Required A Required 40 points Indicate the effects of each transaction on the company's assets, liabilities, and owners' equily for the month of February. The Feb. 1 transaction is provided for you. (Amounts to be deducted should be indicated with minus sign.) Book Date Feb 1 Liabilities Ask Assets 500 000 Cash $ $ Owners' Equity 500,000 Capital stock $ Print Feb 10 References Feb. 16 Feb 18 Feb. 22 Feb. 23 3 Feb. 27 Feb 28 HH - OL a W ENG A) 11:14 PM 11/9/2021