Instructions Chart of Accounts General Journal Instructions Following are the selected transactions for April: (a) Received $18,000 from sale of common stock. (b) Purchased equipment for $27,000, paying $10,000 in cash and giving a note payable for the remainder. (c) Paid $2,300 for rent for April. (d) Purchased $1,500 of supplies on account. (e) Recorded $9,800 of lees earned on account. (1) Received $7,500 in cash for fees earned. (g) Paid $1,200 to creditors on account. (h) Paid wages of $3,425. Received $7,000 from customers on account. 0) Recorded dividends of $1,875. Required: Record the above selected transactions for April. Refer to the Chart of Accounts for exact wording of account ties Instructions Chart of Accounts Fol CHART OF ACCOUNTS General Ledger REVENUE 41 Fees Eamed ASSETS 11 Cash 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance EXPENSES 51 Wages Expense 15 Land 53 Rent Expense 16 Equipment 17 Building 18 Truck 54 Utilities Expense 55 Maintenance Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Uneamed Revenue 23 Notes Payable EQUITY 31 Common Stock 32 Retained Earings 33 Dividends General Journal Prepare the journal entries on April 30. Refer to the Chart of Accounts for exact wording of accounts PAGE 1 JOURNAL ACCOUNTING EQUATION DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY