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 $(236)$; Common Stock $(307)$; Dividends $(319)$; 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 $$83,000$ in cash along with

equipment having a $$43,000$ value in exchange for common stock.

b$.$ On May $21,$ Elegant Lawns purchases office supplies on credit for $$540.$

c$.$ On May $25,$ Elegant Lawns receives $$9,100$ cash for performing landscaping services.

d$.$ On May $30,$ Elegant Lawns receives $$2,300$ cash in advance of providing landscaping services to a customer.

Complete this question by entering your answers in the tabs below.

General

Journal