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| Journal Entry | |||
| Date | Particulars | Dr. Amt. | Cr. Amt. |
| 1 | Cash | 31,000 | |
| Sharon Matthews, Capital | 31,000 | ||
| (capital introduced) | |||
| 2 | Rent Expense | 3050 | |
| Cash | 3050 | ||
| (rent paid) | |||
| 3 | Supplies | 2250 | |
| Accounts Payable | 2250 | ||
| (supplies purchased) | |||
| 4 | Accounts Payable | 850.00 | |
| Cash | 850.00 | ||
| (cash paid) | |||
| 5 | Cash | 14660 | |
| Fees earned | 14660 | ||
| (fees earned) | |||
| 6 | Automobile Expenses | 1540 | |
| Miscellaneous Expense | 670 | ||
| Cash | 2210 | ||
| (Automobile & misc expense) | |||
| 7 | Salaries Expense | 2600 | |
| Cash | 2600 | ||
| (salaries expense) | |||
| 8 | Supplies Expense | 1050 | |
| Supplies | 1050 | ||
| (supplies expense) | |||
| 9 | Sharon Matthews, Drawing | 2200 | |
| Cash | 2200 | ||
| (cash withdrawal) | |||
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Print Item Chart of Accounts 3 Purchased supplies on account, $2,250. 5 Eamed fees, receiving cash,...
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question 4 & 5
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Journal entries and trial balance Instructions Chart of Accounts 1 Journal T Accounts Instructions On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: 1 4 5 6 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $30,500. Paid rent on office and equipment for the month, $2,650. Purchased supplies on account, $2,200. Paid creditor on account, $900. Earned fees, receiving cash, $14,660. Paid...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account, $2,400 Paid insurance premiums, $5,000. 10 Received cash from clients on account, $52,700. 15 Purchased land for a future building site for $227,000 paying $27,000 in cash and giving a note payable for the remainder Paid creditors on account, $6,050 20 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, $360 23 Paid advertising expense, S4,150....
question 4 & 5
k Show Me How Calculator Instructions Chart of Accounts Journal T Accounts V E nstructions Jan. 1 2 3 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000 Paid rent on office and equipment for the month, $6,000. Purchased supplies on account, $3,200. Paid creditor on account, $1,750. Earned fees, receiving cash, $18,250. Paid automobile expenses (including rental charge) for month, $1,880, and miscellaneous expenses, 4...
V Vary On February 11, 2049, Quick Fix Company purchased $2,250 of supplies on account. In Quick Fix's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize and insert the posting reference for the February 11, 2019, transaction on page 73 of Quick Fix Company's two-column journal. If an amount box does not require an entry, leave it blank Page: 73 POST. DATE ACCOUNT TITLE DEBIT CREDIT REF. 1 2/11/2019...
may for purchase Instruction Chart of Accounts Journal A 4 of 5:29 AM 20000 y uno el LK L VI BNM.. eBook Show Me How Calculator Print Item Journal entry for asset purchase Instructions Chart of Accounts Journal Instructions Chart of Accounts CHART OF ACCOUNTS the remainder on account General Ledger ASSETS REVENUE 41 Fees Eamed 42 Sales Commission 11 Cash 12 Accounts Receivable 13 Ofice Supplies 14 Prepaid Insurance 15 Land 16 Office Equipment 17 Automobiles EXPENSES 51 Advertising...
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