do e30b

R 1. Record the tralisati give an explanation for each transaction. E2-29B. (Learning Objectives 2, 3: Understanding how accounting works; journalizing transactions) Green Tree Cellular, Inc., completed the following transactions during April 20X6, its first month of operations: LO 23 Apr 1 2 4 6 9 17 23 30 Received 20,100 and issued ordinary shares. Purchased 700 of office supplies on account. Paid 15,200 cash for land to use as a building site. Performed service for customers and received cash of 2,500 Paid 150 on accounts payable. Performed service for UPS on account totaling 1,100. Collected 850 from UPS on account. Paid the following expenses: salary, 1,700; rent, 1,300. Requirement 1. Record the transactions in the journal of Green Tree Cellular, Inc. Key transactions by date and include an explanation for each entry. E2-30B. (Learning Objectives 3, 4: Posting to the ledger; preparing and using a trial balance) Refer to Exercise 2-29B. LO Kyle dy), S: Requirements Recording Business Transact 1. Post the entries to the ledger, using T-accounts. Key transactions by date. Date the ending balance of each account April 30. 2. Prepare the trial balance of Green Tree Cellular, Inc., at April 30, 20X6. 3. From the trial balance, determine total assets, total liabilities, and total shareholders' equity on April 30