Leander s Landscaping Service maintains the following

chart of accounts Assets

Leander’s Landscaping Service maintains the following chart of accounts:Assets 111 Cash 113
Accounts Receivable 117 Prepaid Insurance 124 Equipment Liabilities 221 Accounts Payable
Owner’s Equity 311 O. Leander, Capital 312 O. Leander, DrawingRevenue 411 Landscaping
Income Expenses 511 Salary Expense 512 Rent Expense 513 Gas and Oil Expense 514
Utilities Expense 515 Supplies ExpenseThe following transactions were completed by Leander:
Apr. 1 Leander deposited $ 30,000 in a bank account in the name of the business. 4 Leander
invested his personal landscaping equipment, with a fair market value of $ 1,750, in the
business. 6 Bought a used trailer on account from Used Mart, $ 1,450, Inv. No. 415. 7 Paid the
rent for the current month, $ 925, Ck. No. 100. 9 Bought a used bulldozer from Dray’s
Equipment, $ 5,100, paying $ 2,100 in cash and placing the balance on account, Inv. No. 3255,
Ck. No. 101. 10 Bought liability insurance for one year, $ 2,800, Ck. No. 102. 13 Sold
landscaping services on account to Fulton Homes, $ 4,595, Inv. No. 100. 14 Bought supplies on
account from Perry’s Supply, $ 427, Inv. No. 4281. 15 Sold landscaping services on account to
D. D. Mau Inc., $ 3,997, Inv. No. 101. 17 Received and paid the bill from Pumpers for gas and
oil for the equipment, $ 227, Ck. No. 103. 19 Sold landscaping services for cash to Cliff ’ s
House, $ 1,437, Inv. No. 102. 22 Paid on account to Used Mart, $ 450, Inv. No. 415, Ck. No.
104. 24 Received on account from Fulton Homes, $ 800, Inv. No. 100. 28 Sold landscaping
services on account to H. Ron, $ 1,785, Inv. No. 103. 29 Received and paid the telephone bill, $
321, Ck. No. 105. 30 Paid the salary of the employee, $ 1,836, Ck. No. 106. 30 Leander
withdrew cash for his personal use, $ 1,500, Ck. No. 107. Required 1. Journalize the
transactions in the general journal, beginning on page 1. Write a brief explanation for each
entry. 2. Write the name of the owner on the Capital and Drawing accounts. 3. Post the journal
entries to the general ledger accounts. 4. Prepare a trial balance dated April 30, 20—.View
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