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Emerald Tours Co. is a travel agency. The nine transactions recorded by Emerald Tours during May 20Y5, its first month of operations, are indicated in
Emerald Tours Co. is a travel agency. The nine transactions recorded by Emerald Tours during May 20Y5, its first month of operations, are indicated in the following I accounts: Cash 5/1 97,000 5/2 1,160 5/11 10,540 5/3 2,070 5/5 8,120 5/9 3,490 5/25 3,200 5/3 10,350 5/25 Equipment Mary Silva, Drawing 3,200 Accounts Receivable 5/8 15,910 5/11 Accounts Payable 5/9 3,490 5/3 Fees Earned 10,540 8,280 5/8 15,910 Supplies 5/2 1,160 5/15 Mary Silva, Capital 5/1 850 97,000 Operating Expenses 5/5 8,120 5/15 850 Based upon the T accounts provided, prepare the nine journal entries from which the postings were made. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered
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