myproject # 1 Student-1 [Read-Only] . Excel (Unlicensed Product) Sign in HOME INSERT PAGE LAYOUTFORMULAS DATA REVIEW VIEW SUBSCRIPTION EXPIRED Most of the features of Excel have been disabled. Reactivate Lawpo Designs, Inc. Lawpo Designs, Inc. was incorporated on January 1, 2020 by the venerable Mr. Lawpo. During the final month of completed the following transactions: the first year of operations, Lawpo Paid December's rent of 1,000.00 12/1/2020 4 6 12/2/2020 Collected 7,000.00 on account from customers. 8123/2020 Paid installment due on the non-interest bearing note building for $2.500.00, 10 12/4/2020 Billed customers 16,550.00 for design services rendered on account. 12 12/5/2020 Rendered design services and collected cash of 1200.00 13 14 12 6/2020 Paid 1,400.00 to creditors on account. 15 16 12/7/2020 Collected 12,750.00 on account from customers. 17 18 12/8/2020 Paid 400.00 for delivery expense of graphics. 19 20 129/2020 Paid December salaries of 4,600.00 21 22 12/102020 Received invoice of 600.00 for December utilities expense, to be paid in January. 23 24 Required for December 25 Prepare the journal entries to record the December transactions. Directions Problem Chart of Accts General Journal - + 100% 44 PM 41) 5/29/2019 O Type here to search myProject # 1 Student-1 [Read-Only-Excel (Unlicensed Product) Sign in HOME INSERT PAGE LAYOUTFORMULAS DATA REVIEW VIEW SUBSCRIPTION EXPIRED Most of the features of Excel have been disabled. Reactivate 0 1 Chart of Accounts 2 105 Cash 150 Accounts receivable 3 4 160 Equipment 5 300 Accounts payable 6 401 Notes payable 7 550 Service fees earned 8 595 Common stock 9Reined Earnings 10 599 Dividends 11 701 Advertising expense 12 703 Delivery expense 13 725 Salaries expense 14 727 Supplies expense 5 733 Rent expense 16 751 Utilities e 17 18 19 20 21 23 25 26 Directions ProblemChart of Accts General Journal + 100% 48 PM e- 41) 5/29/2019 O Type here to search myProject # 1 Student-1 [Read-Only-Excel (Unlicensed Product) Sign in HOME INSERT PAGE LAYOUTFORMULAS DATA REVIEW VIEW SUBSCRIPTION EXPIRED Most of the features of Excel have been disabled. Reactivate 17 F G 0 Page 1 General Journal 3 12/1/202 To record payment of rent expense 12/2/2020 To record collections form customers. 10 11 12/3/2020 12 To record payment of notes payable 13 15 12/4/202 LiabilitiesStockholder's Equity 16 To record customer billings. 17 18 19 12/5/202 20 To record service fees rendered and collected. Capital Stock Dividends Revenue Expense 23 12/6/202 CR CR DR Directions Problem Chart of Accts General Journal - + 100% 48 PM 5/29/2019 O Type here to search myProject # 1 Student-1 [Read-Only-Excel (Unlicensed Product) Sign in HOME INSERT PAGE LAYOUTFORMULAS DATA REVIEW VIEW SUBSCRIPTION EXPIRED Most of the features of Excel have been disabled. Reactivate F G 0 19 1 20 To record service fees rendered and collected. Capital Stock Dividends Revenue Expense 23 12/6/202 CR CR To record payments to creditors. 26 27 12/7/202 To record collections from customers. 29 30 31 12/8/2020 To record payment of delivery expense. 35 12/9/202 36 To record salaries expense. 38 39 12/10/202 To record utilities expense to be paid following month. 41 42 Directions Problem Chart of Accts General Journal - + 100% 48 PM O Type here to search 5/29/2019
