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Calculator eBook 34 Show Me How Journal entries and trial balance Chart of Accounts Journal | TAccounts Unadjusted Trial Bala

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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
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