El-9A.Analyze business transactions using the accounting equation.Enter each transac­ tion into the accounting equation and identify its increase or decrease to assets, liabilities, shareholder's equity, revenues, or expenses of Green Trees & Lawn Corp. (LO 4)a. Green Trees & Lawn earned and collected the cash for $15,000 in service revenues.b. The business paid $2,000 cash for supplies.c. Green Trees & Lawn paid $1,500 of a $4,000 note payable to creditors.d. The company paid $1,100 for rent expense.e. The company's owner provided $7,500 in additional financing in exchange for common stock.f. The business paid $2,100 in dividends.g. Green Trees & Lawn loaned $2,225 cash to another company.Use the following format:TotalTotalShareholder's equity.transtutors.com/qimg/faaec19c-6c91-449f-bc7a-aff68e8c451a.png”>+ Contributed + Retainedassets liabilities capital earningsTransaction a:

Published by
Essays Scribe
View all posts