ipped Book Print ferences Aracel Engineering completed the following transactions in the month of June. a. J. Aracel, the owner, invested $230,000 cash, office equipment with a value of $7,900, and $78,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $54,000 for an office by paying $7,100 cash and signing a note payable for $46,900. c. The company purchased a portable building with $58,000 cash and moved it onto the land acquired in b. d. The company paid $4,400 cash for the premium on an 18-month insurance policy. e. The company provided services to a client and collected $6,500 cash. f. The company purchased $27,000 of additional drafting equipment by paying $9,300 cash and signing a note payable for $17,700. g. The company completed $15,500 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,300 of additional office equipment on credit. 1. The company completed $23,000 of services for a customer on credit. J. The company purchased $1,325 of TV advertising on credit. k. The company collected $8,000 cash in partial payment from the client described in transaction g 1. The company paid $1,200 cash for employee wages. m. The company paid $1,300 cash to settle the account payable created in transaction h n. The company paid $1,135 cash for repairs. o. The company paid a $9,480 cash dividend. p. The company paid $2,400 cash or employee wages. q. The company paid $3,400 cash or advertisements on the Web during June. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Services Revenue (403); Wages Expense (601); Advertising Expense (603); and Repairs Expense (604). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of June. Complete this question by entering your answers in the tabs below. Mc Graw < Prev 10 of 11 Next > mework Exercises i Required 1 Required 2 Required 3 Saved ed Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Services Revenue (403); Wages Expense (601); Advertising Expense (603); and Repairs Expense (604). Show less A ok View transaction list nces Journal entry worksheet 1 2 3 4 5 6 7 8 17 3. Aracel, the owner, invested $230,000 cash, office equipment with a value of $7,900, and $78,000 of drafting equipment to launch the company in exchange for common stock. Note: Enter debits before credits. Tranasaction Account Title Debit Credit SURCE < Prev 10 of 11 Next > C-11 Conte Question 10-C2 X Chegg.com education.com/ext/map/index.html?_con-con&external trouser-launch-tips%253A%252F%252Fnewconnec work Exercises 0 Prepare general oral entries to record these transaction using the towing ties Cash (101) Accounts Rece Once Equipment (163), Drafting Equipment (164) Building (170) Land (172) Accounts Payab (230) Common Stock (307) Dends (219) Services Revenue (403) Wages Expense (001) Averting Expens Ex(604) Journal entry worksheet www 17 The company purchased land worth $54,000 for an ace by paying $7.100 cash and igning a note payable for $45,00 Cleary Cade < Prev Next > 2 . 3 14 5 8 27 W E R T Y D B " A 9 S D F G H J K X C V tommand B N M Contant Question 10-Ch 2 Hom Chegg.com ucation.com/ext/map/index.htm?concon&external browser=0&launchrishtp%253A%252F%252Fwcom Aftaler Concussions in Foot concuss Footbal Exercises Prepare general journal entries to record these transactions using the following titles: Cash (101), Accounts Ra Insurance (108) Office Equipment (163) Drating Equipment (164) Building (170) Land (172) Accounts Pay (250); Common Stock (307); Dividends (319); Services Revenue (403), Wages Expense (601); Advertising Ex (604). Journal entry worksheet 7 17 The company purchased a portable building with $58,000 cash and moved t onto the land acquired in b NO 2 M 3 ALY T Clear unity 4 W E R S x * 55 Deb Cr < Pre T View 21 4 6 6 7 Next > Y U 4 8 D F G H J C V B N Content Question 10 Ch 2 Home X Chegg.com theducation.com/ext/mac/index.htmlt conecontexternal browser=0&launchUr-https%253A%252F%252 ork Exercises ( Football Players A Football Mayer Concussions in Fo Football concuss Prepare general journal entries to record these transactions using the following tees: Cash (101): Acce Insurance (108), omce Equipment (163); Drafting Equipment (164); Building (170); Land (172); Acco (250); Common Stock (307); Dividends (319); Services Revenue (403); Wages Expense (601) Adverti Expense (604) Journal entry worksheet 4 7 17 The company paid $4,400 cash for the premium on an 18-month insurance policy. Hentar desert Transaction 4 NO 2 BN W3 Account Tife D Chaley 7 4 5 5x 96 6 6 21 W E R T Y 47 100 S D F G H x H C V C B 00 B N - Conte Question 10-Ch 2 Hom Chegg.com education.com/ext/map/index.htm conscon&stemal browser D&launchurishs%253A%252F%252Fw Concussion Forball con A FocalPlayer ork Exercises t Prepare general journal entries to record these transactions using the following Cash (101) Accounts Insurance (108), Office Equipment (163) Orating Equipment (164) Buiding (170); Land (172) Accounts Pa (250); Common Stock (307) Dividends (319); Services Revenue (463) Wages Expense (601) Advertising Da (604) Journal entry worksheet 4 S The company provided services to a client and cotected $5,500 cas 17 > Tw At The Dib CHE Chary 14 12 4 $ & 2 3 4 5 6 20 7 B W E R T Y D S D F G H X C V B B N J ex Content Question 10-Ch 2 H Chegg.com education.com/ext/map/index.htm? conscontextemal, browser=0&aunchUrt-http%253A%252F%252Fww A Footbal Player Cou Football an O ork Exercises Prepare general mal entries to record these transactions using the following titles: Cash (101), Accounts Insurance (108) Office Equipment (163) Drafting Equipment (164) Buliding (170) Land (172) Accounts (250); Common Stock (307) Dividends (319); Services Revenue (403) Wages Expense (601) Advertising Expense (604) Journal entry worksheet < 2 5 7 17 The company purchased $27,000 of additional drafting equipment by paying $9,300 cash and signing a note payable for $17,700 2 2 3 W S 13 2 Clear andry " 4 28 10 T6 5 D Cr View all 4 6 47 E R T Y D D F G H X C V 00 B N " - Content Question 10-Ch 2x Chegg.com education.com/extmapIndex Miconiconexternal browser=0&chrichttp%253A%252F%252Frewcon ork Exercises Prepare general journal entries to read these transactions using the following ties Cash (101) Acts Insurance (100) Office Equipment (163), Drafting Equipment (164), Building (170); Land (1721 Accounts Pay (250); Common Stock (307) Ovidends (119); Services Revenue (403) Wages Expense (600); Adverting th (004). Journal entry worksheet 5 7 17 > The company completed $15,500 of services for a cent. This amounts to be received in 30 days T Account Te D Cu Cleary 9 21 78 " 4 66 et 4 5 6 7 8 2 3 2 S x E R T Y D F G H C > B C Cont Question 10-C2 X Chegg.com ducation.com/extimandes.htmltconecontesternal, bwser=0&launchures%253A%252F%252Fnewco Login Exercises For High general journal entries to recont these transactions using the following bites: Cash (101) Accounts R Insurance (108) Omor Equipment (163); Drafting Equpment (164); Building (170) Land (172); Accounts Peyar (250); Comman Stack (307), Dividents (319), Services Revenue (403): Wages Expense (601) Advertising Expe Expense (604) Journal entry worksheet 234 . 17 > The company purchased $1,300 of anal office equipment on credit. anasaction Acces D Cru 80 2 W S Clary d 3 22 W ww " $ 3 4 55 7 6 10 27 7 8 E R T Y D D C F > G H J B A Service Oven 10-6h 2 H x Chegg.com mheducation.com/emandes het,concontestema browser launch253A%252F%252F work Exercises Foodial Players AF Pay T Prepare general jumal eres to record these transactions uting the following thes: Cash (101) Accounts Insurance (108) omoe Roupment (163) Drafting Equipment (164); Bunding (170); Land (172) Accounts F (250); Common Stock (347); Dreidends (319) Services Revenue (403) Wages Expense (601) Advertising Expense (604) Journal entry worksheet < B The company completed $22,000 of services for a customer on cr 17 Tanz Ac Dee Empe 2 NO W 23 2 Clearonity $ 94 4 5 E 9 6 r E R T Y S D L 47 G H 0 B exce education.com/ext/mainder.co&external browser:&tunc252F%252F work Exercises Fa A Fotbal Player Concussion ON Per genotnal entries to record these transactions using the foowing tities Cash (101); Accounts Pu Insurance (100) Office Equipment (163) Drafting Equipment (164) Building (170) Land (172) Accounts P (250); Common Stock (307); Dividends (319) Services Revenue (407); Wages Expense (601) Advertising Ex Expense (604) Journal entry worksheet < T The company purchased $1,325 of TV advertising Clear unity 9 26 10 17 500 2 NO $ 3 4 50 6 en 7 8 W E R T Y C S 1 D F G H w Contant Q10-Ch Chegg.com heducation.com/ext/magnes.nmi_conconexternal_browser-anchor-http%253A%252F%252F+wa+ ork Exercises Free general entries to record these transactions using the following tes: Cash (101); Accounts Rece Insurance (108) Omice Equipment (163) Drafting toupment (104); Building (170) Land (172) Accounts Peyal (250); Common Stock (307) Dresdends (119) Services Revenue (4033) Wages Expense (601) Advertising Exper Exeme (504) Journal entry worksheet 10 11 17 The company collected $1,000 cash in partial payment from the dent described in transaction 76 3 S A At The Call a % 3 4 5 60 E R T Y D G . 7 H Coment Q10-Ch Chegg.com ducation.com/xxt/map/index.htm consconexternal_browserslaunchp%253A%252F%252Fnewco A Flyer Concussions Fo Footacon " Exercises c Prepare general journal entries to record these transactions using the following: Cash (101); Accounts fie Insurance (108) Office Equipment (163); Drafting Equipment (164) Building (170); Land (172) Accounts Pa (250); Common Stock (307); Ovidends (319); Services Revenue (403); Wages Expense (601), Advertising B Expe(604) 10 11 12 17 Journal entry worksheet < 1 ... 7 The company paid $1,200 cash for employ Enter otter 2 NO NO M S m Car 41 8: X Owle Cred > " 21 44 250 6 E R T Y 47 D F G H C B J L P N Question 10-Ch 2 Hamers X Chegg.com education.com/ext/map/indes Minit conncondexternal browsers0&aunchUrt-https%253A%252F%252Fww ork Exercises f Foot Players A Fotbal Player Conc. Fotbal Prepare general journal entries to record these transactions using the folowing: Cash (101) Insurance (108) Office Equipment (163) Drafting Equipment (164) Building (170); Land (172); Accounts P (250); Common Stock (307); Dividends (319) Services Revenue (403); Wages Expense (601) Advertising Expense (604) Journal entry worksheet 10 () 12 13 17 The company paid $1,300 cash to settle the account payable created in transaction h Ta 2 W S x 13 Apct Te D CHE Clearunty 31 94 4 5 4 & 6 er 7 B E R T Y D D F G H CV BN 2 ervices Content On 10-C2 Cheps.com mheducation.com/est/map/index.ht conconexternal browsar Olaunch Unshttp%253A%252F%252Fw A Player Concussions in Fe Football concu work Exercises Prepare general journal entries to record these transactions using the following ties Cash (10), Account urance (106) Omce coupment (163) Drafting Equipment (164) Building (170); Land (172) Accounts (250); Common Stock (307); Dividends (319) Services Revenue (403) Wages Experse (601) Advertising (604). 12 13 14 17 Journal entry worksheet < 10 The company paid $1.135 cash for repairs Near 2 W 3 Account Tive Dubit C Chacary Vejl 14 %6 4 5 6 E R T Y 21 47 S D F G H x C V 0 8 Cont Question 10-Ch 2 HX Chegg.com education.com/estimapindex.html.commconexternal browsers0&launchuuhttp%253A%252F%252Fex After Counse ork Exercises t Prepare general entries to record these transactions using the following tities: Cash (101) Accounts Insurance (108) Office Equipment (163) Drafting Equipment (164), Suilding (170) Land (172) Accounts (250) Common Stock (307) Ovidinds (319) Services Revenue (403) Wages Expense (601) Advertising E Excense (604) Journal entry worksheet < 10 12 14 15 17 The company paid a $9,480 cash dividend. T Account Tile Cr Rady Clary 2 NO 3 W E S X D 14 " 5 6 21 47 4 R T Y D C a B F G H J V N Question 10-Ch 2 HX Chegg.com education.com/map/index.htmltconconexternal Browser=0&launchhttp%253A%252F%252Fw Content Foot Players A Fotball Player Concussions in F. Fol ork Exercises general journal entries to record these transactions using the following tities: Cash (101) Account Insurance (106) omos Equipment (163); Drafting Equipment (164) Building (170) Land (172) Accounts 4 (250) Common Stock (307); Dividends (319) Services Revenue (403); Wages Expense (601) Advertising a Expense (604) 10 11 12 13 14 15 16 17 Journal entry worksheet The company paid 12,400 cash for employee wages EN 2 " M D Account Tife Ceill MAY Clear entry # 3 $ 4 96 5 6 8 47 R T Y 2 E D T F S > G H H - 8 Content Question 10-Ch 2H Chegg.com ucation.com/ext/map/index.html?, con contexternal browsers0&launchurinhttp%253A%252F%252Fw A fecibal Player Concussions in Fo Football con Lag Exercises Football Players Prepare general journal entries to record these transactions using the following titles: Cash (101) Accounts Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170) Land (1721, Accounts (250); Common Stock (307); Dividends (319) Services Revenue (403) Wages Expense (601) Advertising Expense 004) View action Journal entry worksheet 12 13 14 15 10 37 The company paid $3,400 cash for advertisements on the Web during June Transact Account Tile Cur 2 M 13 Cl < Prev 101 Next > E 44 2 R %6 5 T 16 21 7 27 Y D S D F G H x C V 00 8 N - Cheap.com education.com/xp/index.net brown253A%252520 Exercises Post The journal antes hon part 11s the edge D Grade Cr A Owien Cr Conte ation.com/estima/index.htm? coneconextemal rowser253A%252F%252 A Concl rcises 0 184 Drsing Eug D D Cheet Cimit Bel TTA Lam C Tan Com 2 2 W 3 E 4 S X H D C R FI % * 10 5 9 V Per A 10 6 1 & T Y Re Cell Next > ** " 6 47 B C 1 9 " G H J K B N M heducation.com/wndescent service Book Exeroses 0 D Cull < < > 4 N 2 3 4 B B en 7 W E R T Y N S n > O B 9 D F G H J K X C V B H command O Question 10-Ch3 Homewar Chepp ezto.meducation.com/tag/ndex.hown-conter:http%253A%252F%252Fw IT Service Content Homework Berches 10 ARAC 1 4 7 2 3 617 TL 4 5 6 10 Q W E R T Y A N S x 7 en 6 Next> D B NAI D F G H J C V B N M H T tion command