3-5. Journalizing and posting transactions, Prepare general journal entries for the transactions below, using the general journal form on the following page. Post the journal entries to the general ledger accounts that follow the general journal form. The partial chart of accounts contains the account names to use in the general journal entries. Enter the account numbers in the general journal's "post ref." column when you post the transactions to the general ledger accounts. Enter "JI" in the general ledger accounts post ref. columns for the journal page number. You also will post amounts from the general journal to the subsidiary ledger accounts for accounts receivable and payable transactions. Use ! "Jl" for the posting reference for the subsidiary ledger accounts. Rex Jones & Son, Landscapers - Partial Chart of Accounts Account Name Cash in Bank Number 120 Accounts Receivable 130 Repair Parts Inventory 135 Equipment Accounts Payable 210 Rex Jones, Capital 310 Ronald Jones, Capital 320 Rex Jones, Drawing 330 Ronald Jones, Drawing Lawn Mowing Revenue Landscape Design Revenue Gasoline and Oil Expense 520 June 1 Rex Jones and his son, Ronald, start their partnership. Rex contributes $5,000 cash, and Ronald contributes $3,000 cash. They open a partnership checking account at Community Bank. June 2 The partnership buys $2,000 in equipment at King Lawnmower Co. King gives the partnership 30 days' credit. The partnership assigns King account number 51 in the accounts payable subsidiary ledger. June 3 The partnership buys $100 of repair parts and pays cash. June 4 Rex meets with Jan Jackson and prepares a landscape plan. He gives the client an invoice for $200. The invoice is due in 30 days. The partnership assigns Jackson account number 1 in the accounts receivable subsidiary ledger. June 4 Ronald buys gasoline and oil for the lawnmowers, paying $50 cash. June 5 Ronald mows three lawns and receives $250 in cash from customers. June 15 Rex withdraws $500 from the partnership. Ronald withdraws $400 from the partnership June 20 Ronald mows four lawns and receives $325 in cash from customers. June 25 Rex meets with Rob Hudson and prepares a landscape plan. He gives the client an invoice for $250. The invoice is due in 30 days. The partnership assigns Hudson account number 2 in the accounts receivable subsidiary ledger. June 29 Jan Jackson sends a check for $200 in payment of her June 4 invoice