QS 2-6 Analyzing transactions and preparing journal entries LO P1 For each transaction (1) analyze the transaction using the accounting equation (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Use the following (partial) chart of accounts-account numbers in parentheses: Cash (101); Accounts Receivable (106): Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); Common Stock (307); Dividends (319); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696). a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $84,000 in cash along with equipment having a $44,000 value in exchange for common stock. b. On May 21, Elegant Lawns purchases office supplies on credit for $560. c. On May 25, Elegant Lawns receives $9.200 cash for performing landscaping services. d. On May 30, Elegant Lawns receives $2,400 cash in advance of providing landscaping services to a customer, account entries you must use a left side date selection.) Office Supplies 124 Amount Date Date Date Amount Date Amount May 15 May 21 May 25 May 30 End, bal O Cash 101 Amount 128,000 560 X 9,200 2.400 140,160 OOC End. bal. Equipment 167 Amount Date Date Amount Amount Accounts Payable 201 Amount Date 560 % Date May 21 8 560 End, bal End, bal Date Unearned Landscaping Revenue 236 Amount Date May 30 Dato Common Stock 307 Amount Dato May 15 Amount 1,400 Amount 128.000 1,400 End, bal 128,000 End bal Equipment 167 Amount Date Accounts Payable 201 Amount Date Date Amount Amount Date May 21 X 560 X End, bal End, bal 560 Unearned Landscaping Revenue 236 Amount Date Date Date Amount 1.400 Common Stock 307 Amount Date May 15 Amount 128,000 May 30 End, bal 1,400 End, bal 128,000 Landscaping Revenue 403 Amount Date Date Amount 2.400 X May 30 End. bal 2.400 General Journal