Answer:
I prepared an excel spreadsheet to show how these transactions affect the accounting equation:
a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $75,000 in cash along with equipment having a $35,000 value.
Dr Cash (101) 75,000
Dr Equipment (167) 35,000
     Cr D. Tyler, Capital (301) 110,000
b. On May 21, Elegant Lawns purchases office supplies on credit for $380.
Dr Office Supplies (124) 380
     Cr Accounts Payable (201) 380
c. On May 25, Elegant Lawns receives $8,300 cash for performing landscaping services.
Dr Cash (101) 8,300
     Cr Landscaping Revenue (403) 8,300
d. On May 30, Elegant Lawns receives $1,500 cash in advance of providing landscaping services to a customer.
Dr Cash (101) 1,500
     Cr Unearned Landscaping Revenue (236) 1,500
Cash (101)                            Equipment (167)
debit         credit                 debit         credit 
75,000                                35,000
8,300
<u>1,500                    </u>
84,800
Office Supplies (124)          Accounts Payable (201)
debit         credit                 debit         credit 
380                                                       380
Landscaping Revenue (403)  Unearned Landscaping Revenue (236)
debit         credit                      debit         credit 
                  8,300                                       1,500
D. Tyler, Capital (301) 
debit         credit   
                 110,000