Question

The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers.

 The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers.

 a. Bill's paid $1,400 to plumbers for repairing a broken pipe in the restrooms.

 b. Bill's paid $2,300 for the June electricity bill and received the July bill for $3,600, which will be paid in August.

 c. Bill's paid $5,675 to employees for work in July.


 Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)



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Answer #1

Journal entries

No General Journal Debit Credit
1 Repairs expense 1400
cash 1400
2 Utilities payable 2300
Cash 2300
3 Utilities expense 3600
Utilities payable 3600
4 Salaries expense 5675
Salaries payable 5675
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