Journalize the following transactions. Use proper formatting for the journal entries. Part of the points come from the format of the entries, including explanations. Please skip 1 line between entries.

This is a partial Chart-of-Accounts for Rudys Landscaping and Snowplowing. It has all the accounts you need for this assignment.

Business Checking (Bank account)

Office Supplies (Current Asset)

Prepaid Rent (Current Asset)

Software Cost (Fixed asset account software over $100 and expected to be used more than one year)

Office Equipment (Fixed asset account - items over $250 & expected to work more than 1 year)

Landscaping Equipment (Fixed asset account - items over $250 & expected to work more than 1 year)

Unearned Revenue (Liability account)

Note Payable (Liability account)

Capital, R. Redhawk (Equity account)

Drawing, R. Redhawk (Equity account)

Services Revenue (Revenue account)

Rent Expense (Expense account)

Small tools Expense (Expense account)

Miscellaneous Expense (Expense account)

1/02/18 Owner Rudy Redhawk invests $25,000 of personal funds into a new business checking account for the business, Rudys Landscaping.

1/10/18 Rudy wrote check 101 to Office Superstore for $ 750 which included $150 for QuickBooks software, $475 for an HP laptop and $125 for miscellaneous office supplies. Individual amounts include tax. (You will need a compound entry)

1/11/18 Rudy purchased a used desk from Craigslist. He paid cash that he withdrew from the business checking account in the amount of $90. Rudy did not think the desk would be usable for very long, so do not use an asset account for the transaction.

1/20/18 Rudy paid rent to use a neighbors garage for February. He wrote check #102 for $1000 to Ray Jones. Rudy will store his equipment for the business at this garage.

1/21/18 Rudy went to Wally World and purchased a few groceries to take home to his family. He wrote check #103 for $85 to pay for his purchase.

1/25/18 Rudys friend owns a business and will hire Rudys company to provide services as soon as weather permits. Rudys friend wants to help him get started so he gave him $500 in advance for doing the work. Rudy estimates it will be April before he can start the job. Rudy immediately deposits the money into his business checking account.

1/27/18 Rudy purchased a Zero-Turn Lawn Mower for the business. The total cost is $3,165. The store offered Rudy 6 a note for 6 months of free financing with no money down. Rudy took advantage of the offer.

1/30/18 Rudy purchased some small tools (rakes, shovels, etc.) for his business. The total cost is $135 which includes tax. He paid for this with check #104 from the business checking account.

1/31/18 A snowstorm dropped 5 of snow, so Rudy took this opportunity to offer snow shoveling services to the neighborhood. He earned $550 in cash, and deposited the cash into the business checking account.

Skills being assessed: post to the ledgers, prepare adjusting entries, complete closing procedures, prepgrfinancial statements and reports accurately to represent an organization's financial position in accordance with current accounttng standards and use current technology to process and report financial transactions. Account Titie & Ex Debit Credis 2. Complete the T-Accounts using the transactions on the journal. Make sure you have computed balances (ending totals) if there is more than one entry on an account. (use the Tab key to move from side-to-side in the T account)