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For each transaction, ( 1 ) analyze the transaction using the accounting equation, ( 2 ) record the transaction in journal entry form, and (

For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3)
post the entry using T-accounts to represent ledger accounts. Use the following (partial) chart of accounts-account numbers in
parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201);
Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403); Wages Expense
(601), and Landscaping Expense (696).
a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $76,000 in cash along with equipment
having a $36,000 value.
b. On May 21, Elegant Lawns purchases office supplies on credit for $400.
c. On May 25, Elegant Lawns receives $8,400 cash for performing landscaping services.
d. On May 30, Elegant Lawns receives $1,600 cash in advance of providing landscaping services to a customer.
Complete this question by entering your answers in the tabs below.
General
Journal
Taccounts
For each of the above transaction, record the transaction in journal entry form. Use the following (partial) chart of accounts-account
numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts
Payable (201); Unearned Landscaping Revenue (236); D. Tyler, Capital (301); D. Tyler, Withdrawals (302); Landscaping Revenue (403);
Wages Expense (601), and Landscaping Expense (696).
Journal entry worksheet
On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns
by investing $76,000 in cash along with equipment having a $36,000 value.
Note: Enter debits before credits.
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