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For each transaction, (1) analyze the transaction using the accounting equation, (2) re post the entry using T-accounts to represent ledger accounts. Use the following
For each transaction, (1) analyze the transaction using the accounting equation, (2) re post the entry using T-accounts to represent ledger accounts. Use the following parti parentheses: Cash (101); Accounts'Receivable (106); Office Supplies (124); Trucks (153) Unearned Landscaping Revenue (236); Common Stock (307); Dividends (319); LandsC Landscaping Expense (696). a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns 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 se d. On May 30 , Elegant Lawns receives $1,500 cash in advance of providing landsc For each transaction, (1) analyze the transaction using the accounting equation, (2) re post the entry using T-accounts to represent ledger accounts. Use the following parti parentheses: Cash (101); Accounts'Receivable (106); Office Supplies (124); Trucks (153) Unearned Landscaping Revenue (236); Common Stock (307); Dividends (319); LandsC Landscaping Expense (696). a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns 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 se d. On May 30 , Elegant Lawns receives $1,500 cash in advance of providing landsc
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