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 accountsaccount 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).

1. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $88,000 in cash along with equipment having a $48,000 value.
2. On May 21, Elegant Lawns purchases office supplies on credit for $640.
3. On May 25, Elegant Lawns receives $9,600 cash for performing landscaping services.
4. On May 30, Elegant Lawns receives $2,800 cash in advance of providing landscaping services to a customer.

For each of the above transaction, analyze the transaction using the accounting equation. (Enter total amounts only.)

	Assets	=	Liabilities	+	Equity
a.		=		+
b.		=		+
c.		=		+
d.		=		+

For each of the above transaction, record the transaction in journal entry form. Use the following (partial) chart of accountsaccount 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

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
May 15

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
May 21

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
May 25

Journal entry worksheet

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
May 30

Post the entry using T-accounts to represent ledger accounts. (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 date selection.)

Cash 101					Office Supplies 124
Date Amount		Date Amount			Date Amount		Date Amount
End. bal.					End. bal.
Equipment 167					Accounts Payable 201
Date Amount		Date Amount			Date Amount		Date Amount
End. bal.					End. bal.
Unearned Landscaping Revenue 236					D. Tyler, Capital 301
Date Amount		Date Amount			Date Amount		Date Amount
End. bal.					End. bal.
Landscaping Revenue 403
Date Amount		Date Amount
End. bal.