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 Lowns by investing $86,000 in cash along with equipment having a $46,000 value in exchange for common stock b. On May 21, Elegant Lawns purchases office supplies on credit for $600. c. On May 25, Elegant Lawns receives $9.400 cash for performing landscaping services d. On May 30. Elegant Lawns receives $2,600 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 b C d General Journal > Complete this question by Analyze General Journal T accounts 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); Common Stock (307), Dividends (319), Landscaping Revenue (403); Wages Expense (601); and Landscaping Expense (696). Show less View transaction list Journal entry worksheet A C D On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $86,000 in cash along with equipment having a $46,000 value in exchange for common stock Note: Enter debits before credits General Journal Debit Credit Date May 15 Record entry Clear entry View general Journal Journal entry worksheet On May 21, Elegant Lawns purchases office supplies on credit for $600. Note: Enter debits before credits. General Journal Date May 21 Debit Credit Record entry Clear entry View general journal On May 25, Elegant Lawns receives $9,400 cash for performing landscaping services. Note: Enter debits before credits. Date General Journal Debit Credit May 25 Record entry Clear entry View general jou Journal entry worksheet Post the entry using T-accounts to represent ledger accounts. (TIP: For right side T-account entries you must use a right side date selectio account entries you must use a left side date selection.) Cash 101 Date Office Supplies 124 Amount Date Dato Amount Amount Date Amount Ending balance Ending balance Equipment 167 Amount Dato Accounts Payable 201 Amount Date Date Amount Date Amount es Ending balance Ending balance Unearned Landscaping Revenue 236 Amount Date Amount Date Common Stock 307 Amount Date Date Amount Ending balance Ending balance Landscaping Revenue 403 Amount Date Date Amount Ending balance
