Project 1 1 100,000 1 2 21,000 3,000 2,500 80,000 4,380 7 Your Company was incorporated on January 1, 2021. The business provides a full range of landscaping services, including landscape design, construction, and maintenance. The following transactions occurred during the first three months of operations: January Common stock is issued in exchange for cash in the amount of.... 1 The company borrows money from the bank by signing a promissory note in the amount of.. The company pays cash for a one-year insurance policy in the amount of.... Rent on a storage facility for the month is paid in the amount of... 4 Landscaping equipment is purchased for cash in the amount of.. Supplies are purchased on account in the amount of... The company pays for advertisements to be run during the current month in the amount of. Services are performed for cash in the amount of... 20 Services are performed on account in the amount of.... A customer pays cash in advance for future services in the amount of... Paid cash for half of the balance due for supplies purchased on Jan 7. Gasoline for the lawn mowers for the current month is paid in cash in the amount of..... 30 From the customer who paid in advance on Jan 25, landscape services in the amount of ......were performed. Dividends were paid in the amount of ..... 10 15 375 8,300 4,200 1,500 2,190 25 27 30 563 450 200 31 a. 2,628 1,333 b. C. Information for Monthly Adjusting Entries Supplies on hand at the end of each month are as follows: January.... Depreciation for each month totals... Employees are paid on the first of the month for salaries earned in the previous month. Accrued salaries at the end of each month are as follows: At January 31. The principal on the loan is due in 2 years. Interest (at a rate of 10%) is accrued at the end of each month and is payable at the end of each year, beginning December 31, 2021. (ROUND TO THE NEAREST DOLLAR.) Adjustments are made at the end of each month for prepaid insurance. (ROUND TO THE NEAREST DOLLAR.) 5,000 d. e. ASSETS LIABILITIES STOCKHOLDERS' EQUITY TEMPORARY ACCOUNTS Cash Accounts Receivable Accounts Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Advertising Expense BB BB BE BB DO BB BO BB 12/1/20 100,000 100,000 12/1/20 3,000 12/1/20 Insurance Expense Interest Expense BB 12/1/20 Interest Payable Salaries Payable BB 3,000 Supplies BE BB BB Accumulated Depreciation BB Rent Expense Salaries Expense BB BB Notes Payable pa Prepaid Insurance BB Supplies Expense Gasoline Expense BB BB Depreciation Expense Dividends BB Equipment BB BB