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Journalizing transactiors, posting journal entries to/T-accounts Beth Stewar started her practice as a design consultant on November 1, 2018. During the first month of operations,

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Journalizing transactiors, posting journal entries to/T-accounts Beth Stewar started her practice as a design consultant on November 1, 2018. During the first month of operations, the business completed the following transactions Nov. 1 Received 941,00 cash and isued ommon stosy to Stewart 4 Purchased @fnie upplies $1.200 and furniture $2,300 on accountob 6 Performed Services for a law firm and received $2,100 cash 7 Paid $27,000 cash to acquire land to be used in operations rformed sedefor a otel and receaived its promise to pay the 1800 within one week 14 Paid 15 Paid assistant's semimonthlygalary $1.470. 17 Received Cashon account, 5509 20 Prepared a design for a schoolon account) 5680 25 Received $1,900 cash for desigrservices to be performed in December. 28 Received 3,100 cash for consulting with Plummer & Gordon. ture purchased on November 4 on account. 29 Paidl$340 cashfora(2-month nurance policy starting on December 1. 8407 30 Paid assistant's semimonthl salar), $1,470 30 Paid monthly (rent expense, $6s5o. 30 Receiveg a bill for ilities $65ll b paid next month Paid cash dividends of $2 800 16 ments 1. Record each transaction in the journal using the followipg accpunt titles: Cash Payable Utilities Payable Unearned Revenue: Co Revenue Salaries Expense, Stock Dividends; Service and Utilities Expense. Explanations are Rent not required. 2. Open a Taccount for each of the accounts. 3. Post the journal entries to the Taccounts, using transaction dates as postin references in the ledger accounts Label the balance of each account Novd 1260

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