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Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in
Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts: Cash Equipment Dividends (1) 42,900 (2) 3,000 (3) 30,900 (9) 4,300 (7) 17,150|(3) 5,550 (4) 4,700 (6) 12,850 (9) 4,300 Accounts Receivable Accounts Payable Service Revenue (5) 23,150 (7) 17,150 (6) 12,850 (3) 25,350 (5) 23,150 Supplies Common Stock Operating Expenses (2) 3,000 (8) 1,700 (1) 42,900 (4) 4,7001 (8) 1,7001 Prepare the nine journal entries from which the postings were made. If an amount box does not require an entry, leave it blank. Prepare the nine journal entries from which the postings were made. If an amount box does not require an entry, leave it blank. (1) Cash Accounts Receivable x (2) Accounts Receivable x Cash (3) Supplies x Common Stock x II III I I OD 100 1 0 Cash (4) Equipment x Cash (5) Accounts Payable x Cash X (6) Common Stock x Cash Dividends x Cash x (8) Service Revenue x Cash x (9) Operating Expenses X Cash
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