Post the entry using T-accounts to represent ledger accounts. Use the following charts of accounts. Cash, office supplies,equipment, accounts payable, unearned landscaping revenue, common stock and landscaping revenue. on may 15 Deshawn Tylor opens a land scaping company called elegant lawns by investing $7,000 in cash along with equipment having a $3,000 value in exchange for common stock. On May 21 elegant lawns purchases office supplies on credit for $500 On May 25 Elegant Lawns receives $4000 cash for performing landscaping services On May 30 elegant lawns receives $1000 cash in advance of providing landscaping services to a customer.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Post the entry using T-accounts to represent ledger accounts. Use the following charts of accounts. Cash, office supplies,equipment, accounts payable, unearned landscaping revenue, common stock and landscaping revenue.

on may 15 Deshawn Tylor opens a land scaping company called elegant lawns by investing $7,000 in cash along with equipment having a $3,000 value in exchange for common stock.

On May 21 elegant lawns purchases office supplies on credit for $500

On May 25 Elegant Lawns receives $4000 cash for performing landscaping services

On May 30 elegant lawns receives $1000 cash in advance of providing landscaping services to a customer.

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