Question

Hello. I was wondering if someone else could help me with this assignment. I received expert help earlier today but honestly I could not read the handwriting. No offense!! I think we have all become more accustomed to typing rather than writing. Plus, my request is quite lengthy. Essentially, I have an assignment that I need to turn in but I need to ensure what I have thus far is correct. As a part of this assignment, I need to provide journal entries, general ledger and then create a trial balance. I just need to know that I am on the right track because it does not seem correct what I have thus far. Thanks.  

April Transactions
Date	Transaction Description
April 1	Started a landscaping business by making a $50,000 deposit in a company bank account, in exchange for 5,000 shares of $10 par value common stock.
April 1	Purchased insurance for the year and paid $3,600 cash.
April 1	Paid monthly rental of $2,500 cash on a warehouse to store the landscaping equipment.
April 3	Purchased landscaping equipment from Toro for $15,000, paying a downpayment of $10,000 cash, and $5,000 on account.
April 5	Purchased landscaping supplies of $750 on account.
i	Paid $500 cash for advertising in local newspapers.
April 10	Received $12,500 in cash for landscaping services provided.
April 12	Paid $2,000 on account for landscaping equipment previously purchased on April 3rd.
April 15	Provided landscaping services on account for $1,200.
April 20	Received $10,500 in cash for landscaping services provided.
April 28	Received $600 cash on account for landscaping services performed on April 15th.
April 30	Received $4,000 cash for landscaping services provided.
April 30	Paid a utility bill of $700 cash.
April 30	Paid dividends of $3,000 cash
April 30	The inventory of landscaping supplies showed a balance of $300 on hand at the end of the month.

Answer 1

Date	Journal entry	Dr. ($)	Cr. ($)
Apr-01	Bank	50000
	To Common stock		50000
	(being issuance of shares)
Apr-01	Prepaid insurance	3600
	To Cash		3600
	(being insurance premium paid in advance)
Apr-01	Rent expense	2500
	To Cash		2500
	(being rental expense paid)
Apr-03	Equipment	15000
	To Cash		10000
	To Accounts payable		5000
	(being purchase of equipment in cash and remaining on account)
Apr-05	Supplies	750
	To Accounts payable		750
	(being supplies purchased on account)
Apr-10	Cash	12500
	To Service revenue		12500
	(being cash received for services provided)
Apr-12	Accounts payable	2000
	To Cash		2000
	(being payment made for equipment purchased on April 3)
Apr-15	Accounts receivable	1200
	To Service revenue		1200
	(being customer billed for services provided)
Apr-20	Cash	10500
	To Service revenue		10500
	(being cash received for services provided)
Apr-28	Cash	600
	To Accounts receivable		600
	(being cash received for services provided on April 15)
Apr-30	Cash	4000
	To Service revenue		4000
	(being cash received for services provided)
Apr-30	Utility bill	700
	To Cash		700
	(being utility bill paid)
Apr-30	Dividend paid	3000
	To Cash		3000
	(being dividend paid)
Apr-30	Supplies expense	300
	To Supplies on hand		300
	(being supplies on hand recorded)
	adjusting entry
Apr-30	Insurance epxense	300
	To Prepaid insurance		300
	(being adjusting entry recorded for insurance expense that was used)