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PART II-JOURNAL ENTRIES (15 points) The following ledger accounts are used by Hanson and Sons Company in their ledger. Instructions: Indicate the appropriate entries for the month of September by placing the appropriate account number(s) in the debit and credit columns provided. Item 0 is provided as an example. Write "n/a" if no entry is appropriate. 1000 Cash 2000 Salaries Payable 4000 Service Revenue 1010 Accounts Receivable 2010 Accounts Payable 5000 Equipment Expense 1020 Supplies 2020 Unearned Service Revenue 5010 Advertising Expense 1030 Prepaid Salaries Payable 5020 2030 Notes Supplies Expense 1040 Prepaid Advertising Capital 5030 3000 T. Hanson, Rent Expense 1050 Equipment Drawings 3010 T. Hanson, 5040 Salaries Expense 12. Sept. 22 13. Sept. 28 14. Sept. 29 15 Sept. 30 Paid $3,125 in cash to Carson Company for September rent. Received $4,989 from customers for services. rendered during the week. Billed customers $6,000 for services rendered but not collected during September. C. Kimler was paid $2,000 cash for their salary PART III-JOURNAL ENTRIES (30 points) Answers to Part II: Instructions: Record the appropriate entries for the month of September by completing the following table. Item 0 is provided as an example. Write "n/a" if no entry is appropriate. Date Account Number Entry # Account Name Debit or Credit Amount 0 Sept. 11000 Cash DR $45,000 3000 T. Hansen, Capital CR $45.000 1 Entry Date No. 0. 1. 2. Entry Information Sept. 1 T. Hanson invested $45,000 in the business. Sept. 3 Supplies were purchased on account at a cost of $1,755 from The Supply Co. These supplies will be used during July. Sept. 3 Paid $425 cash to Facebook for advertisements run this past week. 3. Sept. 5 Received $10,000 from customers for services to be rendered early in July. 4. 5. 6. Sept. 6 Received $3,333 cash from customers to extinguish their outstanding balance. Sept. 8 Purchased equipment for $4,000: a three-month, 5% note payable was signed for this amount. Sept. 9 Hansen agreed to hire C. Kimler as an assistant. They will be paid at the rate of $4,000 monthly, receiving 7. Sept. 15 8. Sept. 17 9. Sept. 19 10. Sept. 21 11. Sept. 22 12. Sept. 22 13. Sept. 28 14. Sept. 29 15. Sept. 30 $2,000 on the 15th and 30th of each month. They will begin work September 16. C. Kimler has their first day. Hanson withdrew $1,900 for personal use. Paid a supplier $2,250 cash on account. T. Hanson invests $5,000 in supplies in the business. Paid $425 cash to Facebook for advertisements to run the first week of October. Paid $3,125 in cash to Carson Company for September rent. Received $4,989 from customers for services rendered during the week. Billed customers $8,000 for services rendered but not collected during September. C. Kimler was paid $2,000 cash for their salary 2 Account(s) Account(s) Debited Credited 1000 3 3000 4 1 5 6 7 8 9 10 11 12 13 14 15

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