Cash 2,00e Prepaid urance 24,000 200,00 800,000 200,000 400,000 Common Stock Retained Earnings Dues Revenue Greens Fee Revenue Rent Revenue 100,000 750,000 227,000 400,000 5,000 330,000 Utilities Expense Salaries and Wages Expense Maintenance Expense 22,000 100,000 600,000 400,000 2) Assume the regular balances in the trial balance above. How previously recorded by the company during they transactional entries for the year have already been recorded leading to the account ever, assume that the following transactions were overlooked and not (These are regular entr entries for these transactions and then post them to your T-accounts (or ledger). On April 1, the company purchased supplies for $12,000, paying cash. The company's policy is to recor a) d the purchase of supplies in an expense account at the time of purchase b) On August 1, an additional building was purchased for $200,000 and additional equipment was c) On December 1, dividends of $20,000 are declared. (Note: Payment of the dividends will be made at 1 Supplies Expense Iz o purchased for $140,000. The company made a 10% down payment of the total purchase price, and signed a 1-year, 4% note payable for the remaining balance. Make one compound entry. later date the following year. Hint: Be precise with the account name that is credited.) NOTES