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FINANCIAL AND MANAGERIAL ACCOUNTING 2 ) record the transaction in a journal entry form, and 3 ) post the entry using T account to represent
FINANCIAL AND MANAGERIAL ACCOUNTING
record the transaction in a journal entry form, and
post the entry using T account to represent Ledger account. Use the following partial chart of accountaccount numbers in parentheses cash ; account receivable ; office supplies ; trucks ; equipment ; account payable ; on earned landscaping revenue ; common stock ; dividends ; landscaping revenue ; wages expense ; and landscaping expense
On May th Deshaun Tyler opens a landscaping company called elegant lawns by investing dollars in cash along with equipment having a $ value in exchange for common stock.
On may st elegant lawns purchases office supplies on credit for $
on May Alexander lawns receives $ cash for performing landscaping services
on May elegant lawns receives $ cash in advance of providing landscaping services to a customer
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