Chapter Homework i
$ into the business.
May Purchased supplies, including a microphone, and brochures for $ cash.
May Purchased a printer for $ on account.
May Purchased a oneyear insurance policy for $ cash.
May Emily withdrew $ for a Mother's Day gift.
May Interviewed and hired one employee to assist with leading tours. tour bookings.
May Led three tours of Stanley Park and received $ cash.
eBook
May Led four tours of Granville Island, for $ The customers on this tour had prepaid on May
References
The following information is known at May
The laptop has an estimated life of thre years.
The printer has an estmated life of three years.
There are $ of supplies that are not used.
A portion of the insurance policy has expired.
Wages of $ were unpaid and unrecorded.
Required
a Prepare journal entries for the May transactions. If no entry is required for a transactionevent select No journal entry required" in the first account field.