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Homework: Chapter 3 Homework Score: 0 of 5 pts P3A-2 (similar to) On April 1, 201X, Barb Orth opened Barb's Art Studio. The following transactions

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Homework: Chapter 3 Homework Score: 0 of 5 pts P3A-2 (similar to) On April 1, 201X, Barb Orth opened Barb's Art Studio. The following transactions occurred in April: (Click the icon to view the transactions.) (Click the icon to view the chart of accounts.) Tasks a. Journalize (journal is page 1) and post the April journal entries. Start by journalizing the transactions in the gener journal. Prepare the entries in the same order as given in the General Journal Page 1 Date Account Titles and Description PR Dr. Cr. 201X Apr. mts.) en in the problem beginning with the investment Barb Orth made into the art studio on April 1. (Reco 1 30 i More Info 201X Apr. 1 Barb Orth invested $15,000 in the art studio. 1 Paid 3 months' rent in advance, $3,000. 3 Purchased $2,300 of equipment from Lind Co. on account. 5 Received $8,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $700 cash. 9 Billed Joseph Co. $4,000 for group art lesson for its employees. 10 Paid salaries of assistants, $500. 15 Barb withdrew $900 for personal use. 28 Paid electrical bill, $110. 29 Paid telephone bill for April, $210. Print Done Clear All unts.) give cord i More Info 30 ge 1 The chart of accounts for Barb's Art Studio is as follows: Assets Chart of Accounts Owner's Equity 311 B. Orth, Capital 312 B. Orth, Withdrawals 111 Cash 112 Accounts Receivable 114 Prepaid Rent 121 Art Supplies 131 Equipment Liabilities Revenue 411 Art Fees Earned Expenses 511 Electrical Expense 521 Salaries Expense 531 Telephone Expense 211 Accounts Payable Print Done Clear All

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