ork 5 of 5 (4 complete) X More Info Jounts Payable: Utilities be journal entries.) dow n Sep. 1 Received $44.000 cash and issued common stock to Smith 4 Purchased office supplies, $700, and furniture, $1,900, on account. 6 Performed services for a law firm and received $1,000 cash. 7 Paid $28,000 cash to acquire land to be used in operations 10 Performed services for a hotel and received its promise to pay the $1,300 within one week. 14 Paid for the furniture purchased on September 4 on account 15 Paid assistant's semimonthly salary. $1,490 17 Received cash on account, $1,000 20 Prepared a design for a school on account 5750 25 Received $2,300 cash for design services to be performed in October 28 Received $2,600 cash for consulting with Plummer & Gordon 29 Paid $1,080 cash for a 12-month insurance policy starting on October 1. 30 Paid assistant's semimonthly salary, 51,490 30 Pald monthly rent expense, $400. 30 Received a bill for utilities, $450. The bill will be paid next month 30 Pald cash dividends of $3,500. 0, on accd Print Done ut fields and the Clear All 5 tv 16 DD 19 EV DI 18 90 F po F6 QOD SO F3 8 5 of 5 (4 complete) uring the first month of operations, the business completed the following transactions: X Accu Ins fro Requirements 1. Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land; Furniture; Accounts Payable; Utilities Payable; Unearned Revenue; Common Stock: Dividends: Service Revenue: Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. 2. T-accounts have been opened for each of the accounts. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. 3. Prepare the trial balance of Carol Smith, Designer, as of September 30, 2018 unt Print Done nd then click Check Answer Clear All @ tv 16 0 59 Read the coursemel Requirement 1. Record each transaction in the journal using the following accounts Case Accounts Recevable Office Supplies Prepaid insurance Land: Fumbur Accounts Payable is Payable. Unearned Revur Common Stock Dividends Service Rewnur Saries Expense Rent Expense, and Us Expense Exploration we not required. Recorders first, then credits Brudeparators from our Sep 1: Received 544,000 cash and in common stock to Smit Date Accounts Detit Crede Sep 1 Cash 44,000 Common Go 44.000 Sep 4 Purchase office supplies, 5700 and 51.900, oo Dute Acco Debit Credit Sup4 Office Sus Choose from any rere any number in the input folds and then click Check Answer o the con to view the tractions) quirement. 1. Record och transaction in the journal using the following account tes Cash: Accounts Receivable Olle Supplies Prepaid Insurance Land, Future: Accounts Payable: Use Payat named Ram Common Stock Service Revenue Salaries Expense Rent Expenses and Us Expense. Explanations are not required. (Record its first, the credits. Exclude explanations from ouma entries) Receved 4000 cash and issued common stock to Smith Da Accounts Debit Credit Cah 44,000 Common Stock 4000 50.4 Pared office suples 1700, durar, 1900, on account Accounts Deba Credit Contromy umbers and then chok Check Answer 32 V 0 FB esc 7 8 6 5 3 0 P R T Y W E H K G F I D S M N B. V C Z