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Donegan's Lawn Care Service began operations in July 2011. The company uses the following general ledger accounts Cash Accounts Receivable Office Supplies Mowing Equipment Accounts
Donegan's Lawn Care Service began operations in July 2011. The company uses the following general ledger accounts Cash Accounts Receivable Office Supplies Mowing Equipment Accounts Payable Notes Payable Capital Stock Retained Earnings Mowing Revenue Salaries Expense Fuel Expense The company engaged in the following transactions during its first month of operations July 18 Issued 500 shares of capital stock to Patrick Donegan for $1,500 July 22 Purchased office supplies on account for $100 July 23 Purchased mowing equipment for $2,000, paying $400 cash and issuing a 60-day note payable for the remaining balance July 24 Paid $25 cash for gasoline. All of this fuel will be used in July July 25 Billed Lost Creek Cemetery $150 for mowing services. The entire amount is due July 30 July 26 Billed Golf View Condominiums $200 for mowing services. The entire amount is due August 1 July 30 Collected $150 from Lost Creek Cemetery for mowing services provided on July 25 July 31 Paid $80 salary to employee Teddy Grimm for work performed in July a. Record each of the above transactions in general journal form. (Omit the "$" sign in your response.)
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