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 Recelvable (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 $7,000 in cash along with equipment having a $3,000 value in exchange for common stock. b. On May 21, Elegant Lawns purchases office supplies on credit for $500. c. On May 25 , Elegant Lawns receives $4,000 cash for performing landscaping services. d. On May 30 , Elegant Lawns receives $1,000 cash in advance of providing landscaping services to a customer. Complete this question by entering your answers in the tabs below. For each of the above transaction, analyze the transaction using the accounting equation. Note: Enter total amounts only. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ Equipment 167 } \\ \hline & Amount & Date & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ Accounts Payable 201 } \\ \hline Date & Amount & Date & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & & \\ \hline & & \\ \hline \end{tabular} Unearned Landscaping Revenue 236 \begin{tabular}{|l|l|l|l|} \hline Date & Amount & Dato & Amount \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & & \\ \hline & & & \\ \hline \end{tabular} Ending balance Landscaping Revenue 403 \begin{tabular}{|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Dato Amount } & Date & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & & \\ \hline \end{tabular} General Journal Th aecounts Post the entry using T-accounts to represent ledger accounts: Note: TIP: For right side. T-account entries you must use a right side date selection. For left side T-account entries you must use a left side d 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)
