Journalizing & Posting Due Jan 10 by 2pm Points None The following transactions occurred at the Laie Courtyard by Marriott on Sep. 15. Your assignment is to 1.) journalize each transaction and 2.) update each general ledger T account by posting all of the day's journal entries. Submit your assignment here as an Excel file. Put your answer in tabular format. I deduct points for unprofessional looking results. These are the transactions: 1. Room revenue for the day was $17,484. The entire amount is debited to the guest ledger. 2. The day's check outs are settled as follows: $9,000 to credit card receivables, $2,000 to cash, and $1,800 to direct bill. Consider how this will affect the guest ledger. 3. Restaurant revenue for the day is $3,800. Half was paid in cash. Half was charged to guest room accounts. 4. Telephone revenue was $1,200. All calls were charged to guest accounts. 5. The hotel received $3,200 in new linen. Charged to accounts payable. 6. The hotel received $600 in supplies. Charged to accounts payable. 7. The hotel received $2,700 in food purchases. Charged to accounts payable. 8. Hourly wages for the day are $3,700. Employees are paid on the 5th and the 20th of each month. 9. The telephone bill for August was paid. The amount was $6,100. 10. The electricity bill was received. The total was $30,000. It will be paid later in the month. These are the T accounts at the start of the day. Debit Cash Credit Balance 9/14 37.265 Debit 9/14 Debit 9/14 Guest Ledger Credit Direct Bill Receivable Credit Balance 56,910 Balance 17,245 Debit Food Expense Credit Balance 9/14 14,510 Debit 9/14 Credit card Receivable Credit Balance 14,400 Debit Room Revenue Credit Balance 9/14 254,016 Debit Telephone Revenue Credit Balance 9/14 4,557 Debit Electricity Expense Credit Balance 9/14 Debit Telephone Expense Credit Balance 9/14 Debit Food Inventory Credit Balance Debit Credit Balance 9/14 Debit Food Inventory Credit Balance 9/14 29,800 Debit 9/14 Debit 9/14 Accounts Payable Credit Supplies inventory Credit Balance 68,308 Balance 7,764 Debit Wages payable Credit Balance 9/14 35,109 Debit Linen inventory Credit Balance 9/14 20,516 Debit Linen Expense Credit Balance 9/14 2,102 Debit Wages Expense Credit Balance 9/14 19,505 Debit 9/14 Restaurant Revenue Credit Balance 40,264