Question

What is missing?

For esch transaction, (anelyze the transaction using the sccounting equston, (2) record the transaction In Journal entry farm, and oost tne entry using T ccounts to represent leage「sccounts. U tne following ip5rish chart ofeccount_eccount numbers/n parentheses: Ctsn (101; Account; Receivable 1106: Office supples (124). Trucks|153: Equipment (167); Accounts Paysole 20 Unesrned Landacoping Revenue(236): Comman Stack (30Dividends(319 Landacsping Revenue (403Wsges Expense (60T), and Landacaping Expense (596 a. On May 15.DeShewn Tyler opens landscaping companycld Elent Lawns by Investing S7,000 In cash ong with equlpment having $5,000 vslue n exchange for cammon stock. b. On May 21, Elegant Lawns purchsses office supples on creatfor S500 c On May 25, Elegant Lawna receve $4000 csah for peforming landscsping sevice d. On May 30, Elegant Lawna recetves $1000 cosh In savance of proviaing sndscaping sevices to a customer Complete this question by entering your answers in the tabs below. Analyau oTaccounts Poct the entry using T-accounts to represent ledger accounts < General Journal

Answer 1

1
	Assets	=	Liabilities	+	Equity
a	$10,000	=	$0	+	$10,000
b	$500	=	$500	+
c	$4,000	=		+	$4,000
d	$1,000	=	$1,000	+
	$15,500	=	$1,500	+	$14,000
3
	Cash							Accounts Payable
	May 15		7,000		-				-	500	May 21
	May 25		4,000
	May 30		1,000
	Balance		12,000							500	Balance
	Equipment							Common Stock
	May 15		3,000		-				-	7,000	May 15
										3,000	May 15
	Balance		3,000							10,000	Balance
	Office Supplies							Landscaping Revenue
	May 21		500		-				-	4,000	May 25
	Balance		500							4,000	Balance
								Unearned Landscaping Revenue
									-	1,000	May 30
										1,000	Balance