P2-4A Jake owns a lawn maintenance company, and Luke owns a machine repair shop. For the month of July, the following transactions occurred. Jake provides lawn services to Luke's repair shop on account, $500. One of Jake's mowers malfunctions. Luke provides repair services to Jake on account, $450. Luke pays $500 to Jake for lawn services provided on July 3. Luke borrows $600 from Jake by signing a note. Jake purchases advertising in a local newspaper for the remainder of July and pays cash, $110. Jake pays $450 to Luke for services provided on July 6. Luke performs repair services for other customers for cash, $800. July 3 July 6 July 9 July 14 July 18 July 20 July 27 July 30 July 31 Required: Record the transactions for Jake's Lawn Maintenance Company. Keep in mind that Jake may not need to record all transactions. Luke pays employee salaries for the month, $300. Luke pays $600 to Jake for money borrowed on July 14. page 101

P2-4A Jake owns a lawn maintenance company, and Luke owns a machine repair shop. For the month of July, the following transactions occurred. July 3 Jake provides lawn services to Luke's repair shop on account, $500. July 6 One of Jake's mowers malfunctions. Luke provides repair services to Jake on account, $450. July 9 Luke pays $500 to Jake for lawn services provided on July 3 . July 14 Luke borrows $600 from Jake by signing a note. July 18 Jake purchases advertising in a local newspaper for the remainder of July and pays cash, \$110. July 20 Jake pays $450 to Luke for services provided on July 6. July 27 Luke performs repair services for other customers for cash, $800. July 30 Luke pays employee salaries for the month, $300. July 31 Luke pays $600 to Jake for money borrowed on July 14. Required: Record the transactions for Jake's Lawn Maintenance Company. Keep in mind that Jake may not need to record all transactions