Chapter $4$ Homework i

$3$

$$900$ into the business.

May $3$ Purchased supplies, including a microphone, and brochures for $$600$ cash.

May $4$ Purchased a printer for $$360$ on account.

May $5$ Purchased a one$-$year insurance policy for $$2,400$ cash.

May $6$ Emily withdrew $$200$ for a Mother's Day gift.

May $8$ Interviewed and hired one employee to assist with leading tours. tour bookings.

May $15$ Led three tours of Stanley Park and received $$600$ cash.

eBook

May $25$ Led four tours of Granville Island, for $$1,000.$ The customers on this tour had prepaid on May $10.$

References

The following information is known at May $31,2023.$

The laptop has an estimated life of thre$$ years.

The printer has an est$$mated life of three years.

There are $$200$ of supplies that are not used.

A portion of the insurance policy has expired.

Wages of $$500$ were unpaid and unrecorded.

Required

$1-$a$.$ Prepare journal entries for the May transactions. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$