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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

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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 $75,000 in cash along with equipment having a $35,000 value in exchange for common stock. b. On May 21, Elegant Lawns purchases office supplies on credit for $380. c. On May 25, Elegant Lawns receives $8,300 cash for performing landscaping services. d. On May 30. Elegant Lawns receives $1,500 cash in advance of providing landscaping services to a customer. Complete this question by entering your answers in the tabs below. Analyze General Journal T accounts For each of the above transaction, analyze the transaction using the accounting equation. (Enter total amounts only.) Assets Liabilities Equity a. b. C. = d. Analyze General Journal >

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