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REQUIREMENT #1: During its rootage calendar month of operation, the Parkview Landscaping Corporation, which specializes in residential landscaping, completed the following(a) legal proceeding: July 1Began stemma by make a deposit in a company brim account of $24,000, in supercede for 4,800 shares of $5 par value jet stock. July 1 gainful the exchange premium on a one-year indemnity policy, $2,400. July 1Paid the legitimate months rent, $2,080. July 3Purchased landscaping equipment from Brookwood company, $8,800. Paid $1,200 tear and the fit was placed on account. Payments will be $400.00 per month for xix months. The starting line remuneration is due 8/1. contrast: utilisation Accounts Payable for the remnant Due. July 8Purchased landscaping supplies from Lakeside companion on credit, $780. July 12Paid utility crown for July, $308. July 16Cash landscaping revenue for the first fractional of July, $2,724. July 19Made payment on account to Lakeside Company, $400. July 31Cash landscaping revenue for the last half of July, $2,620.

July 31Declared and paid cash dividend of $1,600. swot up journal entries to participate the July legal proceeding in the General journal below.Use the following account call for journal entries. General journal map of Accounts: Account championship (Normal Balance) DateDescription(Account Name)DebitCredit 2011Assets Jul. 1Cash24,000Cash (Debit) Common Stock24,000 pay insurance (Debit) Prepaid Insurance2,400Landscaping Supplies (Debit) Cash2,400 (Paid one-year insurance policy) Rent...If you postulate to get a respectable essay, order it on our website: Orderessay

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