Introductions Journalize the transactions for the month of March, 2019, beginning on page GJ 1. Be sure and list the Debit Account(s) first; Credit Account(s) next. Be sure and write a brief explanation for each transaction. Write the name of the owner (you) on the Capital and Drawing accounts in the General Ledger. Post the journal entries to the general ledger accounts. Be sure and use the Post Reference #s for each posting. Prepare the Trial Balance section of the worksheet. Prepare the Adjustments section of the worksheet. Compute and record the adjustment for supplies used during the month. An inventory showed supplies on hand of $135.- Record the adjustment for expired insurance for the month. Record the adjustment for depreciation of equipment of $180 for the month. Complete the worksheet- Prepare an Income Statement for the month. Prepare a Statement of Owner's Equity. Prepare a Balance Sheet using the report form. Journalize and post the Adjusting entries. Journalize and post the Closing entries. Prepare a Postclosing Trial Balance. The following transactions for Landscaping Services during the month of March:- Mar 1 You deposited $30,000 in a bank account in the name of the business- 4 You invested your personal gardening equipment, with a fair market value of $1,400, in the business.' 6. Bought a used trailer on account from Trailers R Us , $800, Inv. #286. 7. Paid the rent for March, $1485, Ck. #1000. 8. Bought a used backhoe from Deere Equipment, $8,500, paying $4,000 in cash and placing the balance on account, Inv. #3562, Ck. #1001. 10. Bought liability insurance for one year, $2,400, Ck. #1002. 11. Sold landscaping services on account to Bel-Red Business Park, $2,225, Inv. #100+ 15. Bought supplies on account from Office Suppliers, Inc., $1,585, Inv. #6283.- 16. Sold landscaping services on account to Phylla Dendron, $1,845, Inv. #1012 18. Received and paid the bill from Gas to Go for gas and oil for the equipment, $84, Ck. #1003. 19. Sold landscaping services for cash to A Chinzy Company, $1,987, Inv. #102 20. Paid on account to Trailers R Us, $600, Inv. #286, Ck # 1004. 21. Received on account from Bel-Red Business Park, $725, Inv. 100. 22. Sold landscaping services on account to Bonsai, Inc.,$1,626, Inv#103. 25. Received and paid the utility bill, $184, Ck. #1005. 30. Paid salaries of the employees, $3,000, Ck. #1006. 31. You withdrew cash for your personal use, $1,500, Ck. #1007. Chart of Accounts Assets 111 Cash- 113 Accounts Receivable- 115 Landscaping Supplies 117. Prepaid Insurance 124. Equipment 125 Accum. Depr., Equipment- Liabilities 211 Accounts Payable- Owner's Equity 311 Capital 312 Drawing 330 Income Summary Revenue- 411 Landscaping Income- Expenses 511 Salary Expense- 512 Rent Expense- 513 Gas and Oil Expense- 514 Utilities Expense- 515 Landscaping Supplies Exp. 516 Insurance Expense- 517 Depr. Exp., Equipment- Introductions Journalize the transactions for the month of March, 2019, beginning on page GJ 1. Be sure and list the Debit Account(s) first; Credit Account(s) next. Be sure and write a brief explanation for each transaction. Write the name of the owner (you) on the Capital and Drawing accounts in the General Ledger. Post the journal entries to the general ledger accounts. Be sure and use the Post Reference #s for each posting. Prepare the Trial Balance section of the worksheet. Prepare the Adjustments section of the worksheet. Compute and record the adjustment for supplies used during the month. An inventory showed supplies on hand of $135.- Record the adjustment for expired insurance for the month. Record the adjustment for depreciation of equipment of $180 for the month. Complete the worksheet- Prepare an Income Statement for the month. Prepare a Statement of Owner's Equity. Prepare a Balance Sheet using the report form. Journalize and post the Adjusting entries. Journalize and post the Closing entries. Prepare a Postclosing Trial Balance. The following transactions for Landscaping Services during the month of March:- Mar 1 You deposited $30,000 in a bank account in the name of the business- 4 You invested your personal gardening equipment, with a fair market value of $1,400, in the business.' 6. Bought a used trailer on account from Trailers R Us , $800, Inv. #286. 7. Paid the rent for March, $1485, Ck. #1000. 8. Bought a used backhoe from Deere Equipment, $8,500, paying $4,000 in cash and placing the balance on account, Inv. #3562, Ck. #1001. 10. Bought liability insurance for one year, $2,400, Ck. #1002. 11. Sold landscaping services on account to Bel-Red Business Park, $2,225, Inv. #100+ 15. Bought supplies on account from Office Suppliers, Inc., $1,585, Inv. #6283.- 16. Sold landscaping services on account to Phylla Dendron, $1,845, Inv. #1012 18. Received and paid the bill from Gas to Go for gas and oil for the equipment, $84, Ck. #1003. 19. Sold landscaping services for cash to A Chinzy Company, $1,987, Inv. #102 20. Paid on account to Trailers R Us, $600, Inv. #286, Ck # 1004. 21. Received on account from Bel-Red Business Park, $725, Inv. 100. 22. Sold landscaping services on account to Bonsai, Inc.,$1,626, Inv#103. 25. Received and paid the utility bill, $184, Ck. #1005. 30. Paid salaries of the employees, $3,000, Ck. #1006. 31. You withdrew cash for your personal use, $1,500, Ck. #1007. Chart of Accounts Assets 111 Cash- 113 Accounts Receivable- 115 Landscaping Supplies 117. Prepaid Insurance 124. Equipment 125 Accum. Depr., Equipment- Liabilities 211 Accounts Payable- Owner's Equity 311 Capital 312 Drawing 330 Income Summary Revenue- 411 Landscaping Income- Expenses 511 Salary Expense- 512 Rent Expense- 513 Gas and Oil Expense- 514 Utilities Expense- 515 Landscaping Supplies Exp. 516 Insurance Expense- 517 Depr. Exp., Equipment