ACC1800: Course Project Requirement Requirement Description Worksheet Name 1 - Journal Entries Prepare the Joumal Entries in the General Journal Post Joumal Entries to the General Ledger 2- General Ledger Prepare a Trial Balance 3. Trial Balance During its first month of operation, the Leonard Landscaping Company, which, specializes in landscaping services, completed the following transactions. Date April 1 April 1 April 1 April Transactions Transaction Description Started a landscaping business by making a $50,000 deposit in a company bank account, in exchange for 5,000 shares of $10 par value common stock. Purchased insurance for the year and paid $3,600 cash. Paid monthly rental of $2.500 cash on a warehouse to store the landscaping equipment. Purchased landscaping equipment from Toro for $15,000. poying a downpayment of $10,000 cash, and $5,000 on account. April 3 April 5 April 10 April 12 April 15 April 20 Purchased landscaping supplies of $750 on account. Paid $500 cash for advertising in local newspapers. Received $12.500 in cash for landscaping services provided Poid $2.000 on account for landscaping equipment previousy purchased on April 3rd. Provided landscaping services on account for $1.200. Received $10.500 in cash for landscaping services provided Received $600 cash on account for landscaping services performed on Apr 15th. Received $4.000 cosh for landscaping services proled. Poid o utility bill of $700 cash, Pald dividends of $3.000 cash The inventory of landscaping supplies showed a balance of $300 on hand at the end of the month April 28 April 30 April 30 Apr 30 April 30 ose Menu April Transactions Chart of Accounts TOLE Use the following account descriplions for journal entries. Chart of Accounts Account Number Account Title Normal Balance Account Type Assets 111 115 117 119 144 Cash Accounts Receivable Prepaid Insurance Landscaping Supplies Landscaping Equipment Debit Debit Debit Debit Debit Liabilities 212 Accounts Payable Credit Stockholders Equity 311 313 Common Stock Dividends Credit Debit Revenue 411 Landscape Services Revenue Credit Expenses 511 512 514 517 Warehouse Rent Expense Advertising Expense Landscaping Supplies Expense Utility Expense Debit Debit Debit Debit Menu April Transactions Chart of Accounts 1 - Journal Entries 2 Journal below. Femember that Debuts mustequalCredes-All of your buma/Entries should 1 balance Bate FamE TRAaram Chartethearas Credi 2 General Journal Plumber from Chant of Accounts 3 lab 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 129 30 31 32 33 se Menu April Transactions Chart of Accounts 1 - Journal REQUIREMENT #2: Post the April balances. Cash (111) Date Landscape Service Revenue (411) Date 3 14 15 15 17 Warehouse Rent Expense (511) Prepaid Insurance (117) 18 19 + 20 21 22 23 24 25 26 Landscaping Supplies (119) Common Stock (311) Menu April Transactions Chart of Accounts 1 - Journal Entries 2 General Ledger 3 - Trial Balance Gra D E F B C Landscaping Equipment (144) G Dividends (313) Accounts Receivable (115) Advertising Expense (512) Accounts Payable (212) Landscaping Supplies Expense (514) y Expense (517) Menu April Transactions Chart of Accounts 1 - Journal Entries 2-General Ledg O RE e DULL D4 11 2044 25 Sep REQUIREMENT #3: Prepare a trial balance for March in the space below. Leondard's Landscaping Company Trial Balance April 30 Account Balance Title Debil Credil + 2. 3 Accoun 4 Numbel 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Close Menu April Transactions Chart of Accounts 1 - Jo O
