Spicewood Stables, Inc., was established in Dripping Springs, Texas, on April 1. The company provides stables, care for animals, and grounds for riding and showing horses. You have been hired as the new assistant controller.. The folloying transactions for April are provided for your review. a. Received contributions from investors and issued $150,000 of common stock on April 1 b. Acquired a barm for $205,000. On April 2, the company paid half the amount in cash and signed a three-year note payable for the balance c. Provided $23,500 in animal care services for customers on April 3, all on credit. d. Rented stables to customers who cared for their own animals; received cash of $22,000 on April 4 for rent earned this month. e. On April 5, received $1,550 cash from a customer to board her horse in May, June, and July (record as Deferred Revenue) fPurchased and received hay and feed suppliles on account on April 6 for $3,200. g. Paid $1,720 on accounts payable on April 7 for previous purchases. h. Received $1,820 from customers on April 8 on accounts receivable. On April 9, prepaid a two-year insurance policy for $4,600 for coverage starting in May On April 28, paid $1,100 in cash for water and utilities used this month. k. Paid $6,500 in wages on April 29 for work done this month Received an electric utility bill on April 30 for $2,260 for usage in April; the bill will be paid next month Journal entry worksheet 4 7 8 2 6 12 1 Rented stables to customers who cared for their own animals; received cash of $22,000 on April 4 for rent earned this month. Record the transaction. Note: Enter debits before credits. Transaction Credit General Journal Debit 22,000 Cash (d) 22,000 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 6 7 12 On April 5, received $1,550 cash from a customer to board her horse in May June, and July (record as Deferred Revenue). Record the transaction. Note: Enter debits before credits. Transaction Debit Credit General Journal (e) View general journal Clear entry Record entry Journal entry worksheet 1 3 4 5 6 8 12 Purchased and received hay and feed supplies on account on April 6 for $3,200. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit (f) Clear entry Record entry View general journal CO Journal entry worksheet 1 2 4 5 12 Paid $1,720 on accounts payable on April 7 for previous purchases. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit (g) Record entry Clear entry View general journal 17 Journal entry worksheet 1 2 3 5 6 8 12 Received $1,820 from customers on April 8 on accounts receivable. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit (h) Record entry Clear entry View general journal Journal entry worksheet 12 7 4 5 1 On April 9, prepaid a two-year insurance policy for $4,600 for coverage starting in May. Record the transaction. Note: Enter debits before credits. Credit Debit General Journal Transaction (i) View general journal Clear entry Record entry Journal entry worksheet 5