Question

journal entry worksheet financial accounting

Required information The following information applies to the questions displayed below.) of 9 Allson and Chuck Renny began operations of their furniture repair shop (Lazy Sofa Furniture, Inc.) on January 1, 2017. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (amounts are rounded to thousands of dollars to simplify). Debit Credit eBook Print Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (long-term) salaries and Wages Payable Interest Payable Income Tax Payable Deferred Revenue Common Stock Retained Earnings Service Revenge Supplies Expense Depreciation Expense Salaries and Mages Expense Amortization Expense Interest Expense Income Tax Expense Totals References $ 29 529

Answer 1

	General Journal	Debit	Credit
k	Amortization expense	2
	Accumulated Amortization		2
l	Supplies expense	8		=2+10-4
	Supplies		8
m	Depreciation expense	2
	Accumulated Depreciation		2
n	Interest expense	2
	Interest payable		2
o	Salaries and wages expense	3
	Salaries and wages payable		3
p	Income tax expense	2
	Income tax payable		2