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This project is based on two companies playing monopoly, i need journal entries for each transaction as well as a general ledger. this is a

This project is based on two companies playing monopoly, i need journal entries for each transaction as well as a general ledger.

this is a unique project in which we have to use these transactions from a monopoly game to form journal entries

Turn Player Description of Event(s)
1 Elite RE LLC Rolled 7.Landed on chance. Rolled 4 and 2.Had a testimonial dinner resulted in Wireless RE Paying 25 to the bank.
Wireless RE Rolled 6.Landed on Oriental Avenue and purchased for $100
2 Elite RE LLC Rolled 10.Landed on Community Chest.Rolled 6 and 3. Found of Violation of Osha Violation paid $30
Wireless RE Rolled 8.Landed on Virginia Avenue and purchased for $160
3 Elite RE LLC Rolled 11.Landed on Jail. Went to Jail
Wireless RE Rolled 5. Landed on Elite RE LLC;s property (New york Avenue), Pay $16 in concept of rent Expense to Elite RE LLC
4 Elite RE LLC Rolled 4 and 5.Did not get out jail, paid $50 to get out of jail
Wireless RE Rolled 10.Landed on Marvin Gardens. Bought it for $280
5 Elite RE LLC Rolled 5, landed on Pennsylvania railroad, bought it for $280
Wireless RE Rolled 10, landed on Boardwalk, (we own it)
6 Elite RE LLC Rolled 7, landed on chance. rolled 2 and 4. Go to GO and collect $400 (2 weeks off)
Wireless RE Rolled a 9, landed on Vermont Avenue bought it for $100. Service revenue for passed GO $200
7 Elite RE LLC Week off
Wireless RE Rolled 6.Virginia AVE. it is our avenue. No movement
8 Elite RE LLC Second week off
Wireless RE Rolled 3, Landed Community chance,Rolled 5 and 4 Receive income tax refund of $40
9 Elite RE LLC Visiting jail - Rolled 10
Wireless RE Rolled 11. Buy Water Works $150
10 Elite RE LLC Rolled 5.Pennsylvanya Railroad, they own it.
Wireless RE Rolled 3.Buy Pacific Avenue $300
11 Elite RE LLC Rolled 7. Landed on chance, Rolled 1 and 6, move to closest colored porperty (Park Place) and pay $250 to clean toxic waste. No owner no paymet to the owner
Wireless RE Rolled 8.Broadwalk we own it .
12 Elite RE LLC Rolled 3.COLLECT $200, GO, (consulting revenue) .
Wireless RE Rolled 5. Collect $200, GO, (consulting revenue), WE PAY $200 INCOME TAX.
13 Elite RE LLC Rolled 4. Pay $200 Income Tax in cash -4-
Wireless RE Rolled 8.Electric company, we own it .
14 Elite RE LLC Rolled 7. Buy St. Charles Place $140.
Wireless RE Rolled 5.Community chance. Rolled 5 and 4.Receive income tax refund of $40 .
15 Elite RE LLC Rolled 10. Landed and Bought Kentucky Avenue, $220.
Wireless RE Rolled 9. Atlantic Av. we BUY $260 / Buy a House Marvin Gardens $150 .
16 Elite RE LLC Rolled a 9-Go to JAIL .
Wireless RE Rolled 11.Park Place, pay $35 to Team B (rent expense) .
17 Elite RE LLC Rolled a 4 and 6.Pay $50 to go out of Jail .
Wireless RE Rolled 9. Receive $200 GO, Oriental Av, we own it .
18 Elite RE LLC Rolled 10.NO entry, free parking .
Wireless RE Rolled 4.Visitin JAIL, no entry .
19 Elite RE LLC Rolled 8. Pay us $80 for Utilities / maintaince 10 times whats on the dice
Wireless RE Rolled 7.Community Chest. Rolled 2 and 1. Advance nearest color property, its us. We can not collect rent on Atlantic Ave. for next 4 turns.
20 Elite RE LLC Rolled 6.Buy Pennsylvania avenue, $320.
Wireless RE Rolled 5. Pacific Avenue, we own it.
21 Elite RE LLC Rolled 10. Receive $200. (CONSULTING REVENUE), Pay $200 Income Tax in cash -10-
Wireless RE Rolled 4.Buy Short Line $200, train.
22 Elite RE LLC Rolled 2. Elite RE LLC Pays Wireless RE $6 rent, Oriental Avenue.
Wireless RE Rolled 9. $200 Consulting Revenue, Pay $200 Income Tax in cash.
23 Elite RE LLC Rolled 4.Visiting Jail
Wireless RE Rolled 7. Pay $10 rent St. Charles Place to Elite RE LLC.
24 Elite RE LLC Rolled 9.New, York, they own it.
Wireless RE Rolled 9. Free parking, not journal entry .
25 Elite RE LLC Rolled 7. Atlantic Ave. Pay us $44 rent revenue.
Wireless RE Rolled 7. Ventor evenue, we own it. Buy a house pay $150.
26 Elite RE LLC Rolled 12. Property Tax pay $100, paid off interest note for $60.
Wireless RE Rolled 5. North Carolina Ave. We own it Paid off interest note for $60.
27 Elite RE LLC Rolled 5. Landed Baltic Avenue, collected $200 service revenue, GO.
Wireless RE Rolled 9. Bought Mediterrenean for $66, collected $200 service revenue, GO.
28 Elite RE LLC Rolled 6. Landed Connecticut Avenue
Wireless RE Rolled 7. Landed on Vermont Avenue (owned)
29 Elite RE LLC Rolled 12. Landed on Kentucky Aveneu (owned) .
Wireless RE Rolled 5. Landed on State Avenue
30 Elite RE LLC Rolled 10. Paid $26 in rent for landing on Pacific Avenue
Wireless RE Rolled 10. Landed Indiana Avenue
31 Elite RE LLC Rolled 4.Paid $25 US $25 rent , landed on Short Line railroad.
Wireless RE Rolled 5.Landed on Water Works (owned)
32 Elite RE LLC Rolled 7. Landed on Community Chest. Collected $200. Also Received $200 for Consulting Service .
Wireless RE Rolled 4. Landed on North Carolina (owned).
33 Elite RE LLC Rolled 7.Landed on Connect Avenue, did not buy. Paid off loan for $500. Also paid interest expense of $60.
Wireless RE Rolled 7. Landed on Board Walk (owned).
34 Elite RE LLC Rolled 5. Landed in Virginia Avenue. They pay us $12 Rent services
Wireless RE Rolled 10. Collected $200, we bought Connecticut $132
35 Elite RE LLC Rolled 12. They Landed in Atlantic avenue, pay us $44
Wireless RE Rolled 6. Pennsylvanya Railroad, Pay them. Rent Expense $50
36 Elite RE LLC Rolled 8. Landed in Pensilvanya Avenue, they own it
Wireless RE Rolled 7.Landed on Chance. Rolled 5 and 5. Tenant slips and falls must pay $110 law suit on cash. Litigation loss
37 Elite RE LLC Rolled 5. They Landed on Boardwalk, they pay us rent $50
Wireless RE Rolled 12. Pay them $28 Pannsylvania Ave. Rent Expense
38 Elite RE LLC Rolled 7. They collect $200, GO, Landed Oriental Avenue $12 pay us rent
Wireless RE Rolled 6. Landed in GO. NO Journal Entry
39 Elite RE LLC Rolled 10. They bought St. Jame PLace $198
Wireless RE Rolled 7. Chance. Rolled 1 and 3. Bank pays us Interest received $50. We collected $200 consulting revenue , for GO
40 Elite RE LLC Rolled 5. Landed in Kentuky avenue, they own it
Wireless RE Rolled 4.We landed in St. Charles place pay them rent $10
41 Elite RE LLC Rolled 9. They went to JAIL
Wireless RE Rolled 9. We bought Tenneesse Ave. $198
42 Elite RE LLC Rolled 5 and 3. They paid $50 to go out Jail
Wireless RE Rolled 5. Landed on Indiana Ave.
43 Elite RE LLC Rolled 9. They landed in NY, they own it. no journal
Wireless RE Rolled 10. Community chest. Rolled 5 and 3.We pay them rent $28*20=560. We mortaged Mediterranean Ave $30,and boardwalk $200, so pay them $230 from mortgage and $330 cash.
44 Elite RE LLC Rolled 10. They landed in Marvin Gardens pay us $120 for rent.
Wireless RE Rolled 9. Service revenue $200, GO, Paid them $4 Balting avenue, rent expense
45 Elite RE LLC Rolled 8.Landed in Park place, they own it
Wireless RE Rolled 6.Landed in Connecticut Avenue, we own it
46 Elite RE LLC Rolled 6.Landed in Baltic Avenue, they own it. Service Revenue $200
Wireless RE Rolled 11.Free parking, not journal entry
47 Elite RE LLC Rolled 7.Visiting Jail
Wireless RE Rolled 7. Landed on Ventnor Avenue, we own it
48 Elite RE LLC Rolled 6. Saint James, they own it
Wireless RE Rolled 4. Pacific avenue, we own it
49 Elite RE LLC Rolled 9. Landed in Band O, thew own it
Wireless RE Rolled 5. Landed on chance. Rolled 5 and 4.Tax Refund $40 - Income tax refund
50 Elite RE LLC Rolled 8. Communisty chest. Rolled 3 and 2. Collected $200 service revenue, GO. Pay us $50 electric company, Rent revenue
Wireless RE Rolled 8.Collectected $200, Service Revenue, GO, Pay $200 tax expense
51 Elite RE LLC Rolled 4. landed on St. James place they own it
Wireless RE Rolled 6. Landed on Visiting Jail
52 Elite RE LLC Rolled 5. Landed on Kentucky avenue they own it
Wireless RE Rolled 3. Landed on States avenue, we do not buy it.

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