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For cach transaction, (1) anolyze the vansaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using
For cach transaction, (1) anolyze the vansaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using Taccounts to represent ledger accounts. Use the following partial chart of accounts-account numbers in parentheses: Cash (10); Accounts Recelvable (106): Office Supplies (124). Trucks (153); Equipment (167). Accounts Payable (201); Uncarned tandscaping 9evenue (236), Common Stock (307). Dividends (319), Landscaping Revenue (403); Wages Experise (601), and andscaping Expense (696) a. On May 15, DeShawn Tyler opens a landscaping company caled Elegant Lawns by investing $73,000 in cash along with equpenent having a $33,000 value in exchange for common stock. b. On May 21, Elegant Lowns purchases oflice supplies on creda for $340 c. On Moy 25, Elegant Lawns recelves \$8,100 cash for performing landscaping services. d. On May 30. Elegant Lawns receives $1,300 cash in advance of providing landscaping services to a customer. Complete this question by entering your answers in the tabs below. Poat the entry using T-accounts to represent ledger accounts. Note: TP. For right side T-account entries ros must wse a right side date selection. For left side T-account entries you must use a left side date selection
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