Shown as follows are selected transactions of the architectural firm of Munson, Chang, and Alverez, Incorporated: Prepared building plans for Biltmore Construction Company. Sent Biltmore an invoice for $18,200 requesting payment within 30 days. (The appropriate revenue account is entitled Drafting Fees Earned.) April 5 May 17 May 29 June 4 June 10 Required: a. Prepare journal entries to record the transactions in the firm's accounting records. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Declared and paid a $25,800 cash dividend. Received a $8,200 bill from Dave Jensen, CPA, for accounting services performed during May. Payment is due by June 10. (The appropriate expense account is entitled Professional Expenses.) Received full payment from Biltmore Construction Company for the invoice sent on April 5. Paid Dave Jensen, CPA, for the bill received on May 29. View transaction list

Shown as follows are selected transactions of the architectural firm of Munson, Chang, and Alverez, Incorporated: April 5 Prepared building plans for Biltmore Construction Company. Sent Biltmore an invoice for \$18, 280 requesting May 17 payment within 30 days. (The appropriate revenue account is entitied Drafting Fees Earned.) May 29 Received a 58,200 bill fron Dave Jensen, CPA, for accounting services performed during May. Payment is due by June 4 June 10. (The appropriate expense account is entitled Professional Expenses.) June 10 paidived full payment from Biltare Construction Company for the involce sent on Aprit 5. June 10 Paid Dave Jensen, CPA, for the bill received on May 29. Required: a. Prepare journal entries to record the transactions in the firm's accounting records. Note! If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 5 Record the entry for cash dividend deciared and paid. Note Enter debils before credits