Lourdes Yabar opened a computer repair business on May 1, 20X1. During the first month of operations, the firm had the following transactions May 1 Lourdes Yabar invested $21,000 cash in the business 2 Issued Check 101 for $3,300 to pay the rent for the next 3 months 3 Purchased supplies for $1,000. Paid with Check 102, 4 Bought equipment for $9,000. Issued Check 103 for $2,000 as a down payment; balance is due in 30 days. 6. Returned damaged supplies, and received a cash refund of $200. 12 Performed services for $900 on credit. 19 Issued Check 104 for $250 to pay for a newspaper advertisement 26 Issued Check 105 for $350 to pay the monthly electric bill. 28 Performed services for $600 cash. 29 Received $400 on account from credit customers. 29 Issued Check 106 for $150 to pay the monthly telephone bill. 31 Issued Check 107 for $7,000 to pay a creditor 31 Issued Check 108 for $2,500 to Lourdes Yabar for personal expenses. Prepare journal entries to record the above transactions. Post the transactions into the appropriate Cash general ledger account Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Prepare journal entries to record the above transactions. View transaction list Journal entry worksheet 2 3 4 5 8 13 Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Prepare journal entries to record the above transactions. View transaction list Journal entry worksheet Lourdes Yabar invested $21,000 cash in the business. Note: Enter debits before credits Date General Journal Debit Credit May 01 Record entry Clear entry View general Journal Complete this question by entering your answers in the tabs below. General Journal Ledger Accounts Post the transactions into the appropriate Cash general ledger account. General Ledger accounts Account: Cash Account No. 101 Date Debit Credit Balance General Journal Match the accounting terms with the description. 1. A financial record for entering all types of business transactions; a record of original entry, 2. Transferring data from a journal to a ledger. A series of steps performed during each accounting period to classify, record, and 3 summarize data for a business and to produce needed financial information A permanent, classified record of all accounts used in a firm's operation; a record of final 4. entry 5. Recording transactions in a journal. 6. A ledger account form that shows the balance of the account after each entry is posted 7. A journal entry with more than one debit or credit, 8. Organized in the order in which the events occur. 9 A chain of references that makes it possible to trace information, locate errors, and prevent fraud. 10. A journal entry made to correct an erroneous entry