Question

Journal entry worksheet 1 2 3 4 5 6 7 8 9 I established the fund by cashing a check from HHC for $280 made payable to me. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

Answer 1

a) Bank A/c Dr. $ 280

To HHC A/c. $ 280

(Being encashing of Check received from HHC).

b) Computer Repairing A/c. Dr. $ 84

To Cash A/c $ 84

(Being cash paid for computer repairing).

c) Kim Harra A/c Dr. $ 64

To Cash A/c $ 64

(Being payment made in advance for decoration expenses to be incurred later this year).

d) Jim Equipments A/c. Dr. $ 94

To Bank A/c. $ 94

(Being payment made for purchasing equipments for Jim).

Note: Answers given only for 1st 4 part as per guidelines.