Accounting Equation | |||||||
Date | Description | Post ref. | Debit | Credit | Assets | Liabilities | Equity |
Jan 1 | Cash | 40,000 | 40,000 | ||||
Sharon Matthews, Capital | 40,000 | 40,000 | |||||
Jan 2 | Rent Expense | 6,000 | -6,000 | ||||
Cash | 6,000 | -6,000 | |||||
Jan 3 | Supplies | 3,200 | 3,200 | ||||
Accounts Payable | 3,200 | 3,200 | |||||
Jan 4 | Accounts Payable | 1,750 | -1,750 | ||||
Cash | 1,750 | -1,750 | |||||
Jan 5 | Cash | 18,250 | 18,250 | ||||
Fees Earned | 18,250 | 18,250 | |||||
Jan 6 | Automobile Expense | 1,880 | -1,880 | ||||
Miscellaneous Expense | 420 | -420 | |||||
Cash | 2,300 | -2,300 | |||||
Jan 7 | Office Salaries Expense | 5,000 | -5,000 | ||||
Cash | 5,000 | -5,000 | |||||
Jan 8 | Supplies Expense | 1,400 | -1,400 | ||||
Supplies | 1,400 | -1,400 | |||||
Jan 9 | Sharon Matthews, Drawing | 2,000 | -2,000 | ||||
Cash | 2,000 | -2,000 | |||||
Unadjusted Trial Balance | |||||||
Accounts Title | Debit | Credit | |||||
Cash | 41,200 | ||||||
Supplies | 1,800 | ||||||
Accounts Payable | 1,450 | ||||||
Sharon Matthews, Capital | 40,000 | ||||||
Sharon Matthews, Drawing | 2,000 | ||||||
Fees Earned | 18,250 | ||||||
Rent Expense | 6,000 | ||||||
Office Salaries Expense | 5,000 | ||||||
Automobile Expense | 1,880 | ||||||
Supplies Expense | 1,400 | ||||||
Miscellaneous Expense | 420 | ||||||
Totals | 59,700 | 59,700 | |||||
Calculator eBook 34 Show Me How Journal entries and trial balance Chart of Accounts Journal |...
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...
OBJ. 1, 2, 3, 4 PR 2-2A Journal entries and trial balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account used for the business, $40,000. b. Paid rent on office and equipment for the month, $6,000. c. Purchased supplies on account, $3,200. d. Paid creditor on account, $1,750. e. Earned fees, receiving cash, $18,250. f. Paid automobile expenses...
question 3 only can u fill out in this format thank you Show Me HOW Calculator Instructions Chart of Accounts Journal T Accounts nstructions Jan. 1 2 3 4 5 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)...
Chapter 2 Analyzing Transactions $3,550 Excel General Ledger Show Me How PR 2-2A Journal entries and trial balance OBJ. 1, 2, 3, 4 On January 1, 2019, Sharon Matthews established TH-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. b. Paid rent on office and equipment for the month, $6,000. c. Purchased supplies on account, $3,200. d. Paid creditor...
zing Transactions OBJ. 1, 2, 3, 4 PR 2-2A Journal entries and trial balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. b. Paid rent on office and equipment for the month, $6,000. c. Purchased supplies on account, $3,200. d. Paid creditor on account, $1,750. e. Earned fees, receiving cash, $18,250....
eBook 34 Show Me How She Calculator Journal Entries and Trial Balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $20,000. b. Paid rent on office and equipment for the month $3,740. . Purchased supplies on account, $1,110. d. Paid creditor on account, $410. e. Eamed fees, receiving cash, $17,000. f. Paid...
PR 2-2A Journal entries and trial balance OBJ. 1, 2, 3, 4 On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40.000. b. Paid rent on office and equipment for the month, $6,000. c. Purchased supplies on account, $3,200. d. Paid creditor on account, $1,750. e. Earned fees, receiving cash, $18.250. f. Paid...
On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. b. Paid rent on office and equipment for the month, $6,000. c. Purchased supplies on account, $3,200. d. Paid creditor on account, $1,750. e. Earned fees, receiving cash, $18,250. f. Paid automobile expenses (including rental charge) for month, $1,880, and miscellaneous expenses, $420....
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...
I just need the balance sheet. I dont understand why my assets dont equal my Liabilities and OE UDJ. 1, 2, 3, 4 PR 2-2A Journal entries and trial balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. b. Paid rent on office and equipment for the month, $6,000. C. Purchased...