Question: Wyoming Tours Co. is a travel agency. The nine transactions recorded by Wyoming Tours during June 2016, its first month of operations, are indicated in the following T accounts:
Cash - 6/1: 35,000, 6/2: 27,00, 6/3: 4,500, 6/5: 4,700, 6/9: 5,200, 6/25: 2,500.
Accounts Receivable: 6/8: 14,000 , 6/11: 8,300
Supplies - 6/2: 2,700 , 6/15: 1,100
Equipment - 6/3: 14,900
Accounts Payable - 6/9: 5,200 , 6/3: 10,400
Common Stock - 6/1: 35,000
Dividends - 5/25: 2,500
Service Revenue - 6/8: 14,000
Operating Expenses - 6/5: 4,700 , 6/15: 1,100
Based upon the T accounts provided, prepare nine journal enteries from which the postings were made. Enter the transactions in chronological order. Refer to the Chart of Accounts for exact wording of account titles.