Question

Exercise 2-12 a-b The T-accounts below summarize the ledger of Negrete Landscaping Company at the end of the first month of operations. 4/1 4/12 4/29 4/30 4/7 4/4 Cash No. 101 14,000 4/15 1,300 900 4/25 1,500 400 1,000 Accounts Receivable No. 112 3,000 4/29 400 Supplies No. 126 1,800 Accounts Payable No. 201 1,500 4/4 1,800 Unearned Service Revenue No. 209 4/30 1,000 Owner's Capital No. 301 4/1 14,000 Service Revenue No. 400 4/7 3,000 4/12 900 Salaries and Wages Expense No. 726 1,300 4/25 4/15

Answer 1

Journal entries

Date	General Journal	Debit	Credit
4/1	Cash	14000
	Owner's Capital		14000
	(To record owner's investment)
4/4	Supplies	1800
	Account payable		1800
	(To record purchase supplies on account)
4/7	Account receivable	3000
	Service revenue		3000
	(To record billed customer for service provided)
4/12	Cash	900
	Service revenue		900
	(To record cash provided for service)
4/15	Salaries and wages expense	1300
	Cash		1300
	(To record paid salaries)
4/25	Account payable	1500
	Cash		1500
	(To record amount paid)
4/29	Cash	400
	Account receivable		400
	(To record receive cash)
4/30	Cash	1000
	Unearned service revenue		1000
	(To record collection)

Note: Pls post each que individually as per HOMEWORKLIB RULES