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April 1: The socializing with the elderly organization pays off as 5 families signed contracts to provide both cleaning and gardening support for their elderly
April 1: The socializing with the elderly organization pays off as 5 families signed contracts to provide both cleaning and gardening support for their elderly grandparents living in their own homes. Each contract requires the family to pay $500 a month for 12 months in total, which is for 6 months of cleaning and landscaping service, and 6 months of cleaning and snow clearing service. Each client pays a $2000 deposit on April 1. April 15: Pooh buy grass seed and fertilizer to be applied after every lawn cutting at a cost of $2000 that will have to be replenished on September 1. May-December 31: Tiger Corporation had revenues of $300,000. This amount does not include the original $5,000 deposit provided by 5 families for the elderly support on April 1. Please prepare the journal entries for these transactions
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