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a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $82,000 in cash along with equipment having a $42,000 value.

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a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $82,000 in cash along with equipment having a $42,000 value. b. On May 21, Elegant Lawns purchases office supplies on credit for $520. c. On May 25, Elegant Lawns receives $9,000 cash for performing landscaping services. d. On May 30, Elegant Lawns receives $2,200 cash in advance of providing landscaping services to a customer. For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Use the following (partial) chart of accounts-account numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). Complete this question by entering your answers in the tabs below. Analyze General Journal T accounts Equity 124,000 + Assets = $ 124,000 $ 520 = $ 9,000 = $ 2,200 = a. b. C. d. Liabilities + $ 0 + $ 520 + $ 0 + $ 2,200 + + $ $ $ $ + 9,000 + - Analyze General Journal > For each of the above transaction, record the transaction in journal entry form. Use the following (partial) chart of accounts-account numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403 Wages Expense (601), and Landscaping Expense (696). Show less A View transaction list View journal entry worksheet No Date General Journal Credit May 15 Cash Equipment Debit 82,000 42,000 D. Tyler, Capital 124,000 2 May 21 Office supplies 520 Accounts payable 520 3 May 25 9,000 Cash Landscaping revenue 9,000 4. May 30 Cash 2,200 Unearned landscaping revenue 2,200 Post the entry using T-accounts to represent ledger accounts. Office Supplies 124 520 May 21 May 15 May 25 May 30 Cash 101 82,000 9,000 2,200 End. bal. 93,200 End. bal. 520 Equipment 167 42,000 Accounts Payable 201 520 May 15 May 21 End. bal. 42,000 End. bal. 520 Unearned Landscaping Revenue 236 2,200 May 30 May 15 May 15 D. Tyler, Capital 301 82,000 42,000 End. bal. 2,200 | End. bal. 124,000 Landscaping Revenue 403 9 ,000 May 25 End. bal. 9,000

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