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O Principles of Financial Accounting I ACC 113 CRN 3440 William Matos & 9/27/19 1:39 PM Homework: Chapter 2 Homework Save Score: 0 of 1 pt 2 of 5 (3 complete) HW Score: 28.46 % , 1.42 of 5 pts 3 MI E2-18 (similar to) Question Help As The following transactions occurred for Whitmer Technology Solutions (Click the icon to view the transactions) D. Jounalze the transactions of Whitmer Technology Solutions Include an explanation with each journal entry Use the following accounts Cash Accounts Receivable Office Supplies, Prepaid Advertising Land, Building Accounts Payable, Unearned Revenue, Whitmer, Capital, Service Revenue, Rent Expense, and Salanes Ta Expense (Record debits first, then credits. Select the explanation on the last line of the journal entry table) May 1 The business receved cash of $75,000 and gave capital to Zeke Whitmer Date Accounts and Explanation Debit Credit May 1 Cash Choose from any list or enter any number in the input fields and then click Check Answer 10 parts remaining Clear All Check Answer To see what to study next, go to your Study Plan. 139 PM Type here to search 9/27/2019 1 The business received cash of $75,000 and gave capital to Zeke Whitmer 2 Purchased office supplies on account, $400 4 Paid $51,000 cash for building and land. The building had a fair market value of $40,000 6 Performed services for customers and received cash, $3,000 9 Paid $200 on accounts payable 17 Performed services for customers on account, $2,200 May 19 Paid rent expense for the month, $400. 20 Received $1,700 from customers for services to be performed next month 21 Paid $1,000 for advertising in next month's IT Technology magazine. 23 Received $1,700 cash on account from a customer 31 Incurred and paid salaries, $1,000