Journal Entries | ||||
Date | Particular | Debit | Credit | |
Jan-09 | Cash | 154100 | ||
Account Receivable | 62200 | |||
Service Revenue | 216300 | |||
(service service provided) | ||||
Feb-12 | Cash | 53500 | ||
Account Receivable | 53500 | |||
(Account receivable collected) | ||||
Apr-25 | Cash | 14900 | ||
Advance Service revenue (liability) | 14900 | |||
(advance received from cuetomer) | ||||
May-06 | Supplies | 13200 | ||
Account Payable | 13200 | |||
(purchase supplies on account | ||||
Jul-15 | Property Tax | 10500 | ||
Cash | 10500 | |||
(property tax paid) | ||||
Sep-10 | Account Payable | 13400 | ||
cash | 13400 | |||
(account payable paid) | ||||
Oct-31 | Salaries | 143600 | ||
cash | 143600 | |||
(salaries paid) | ||||
Nov-20 | Cash | 47000 | ||
Common Stock | 47000 | |||
(issue of common stock against cash) | ||||
Dec-30 | Dividend | 4800 | ||
cash | 4800 | |||
(dividend paid) | ||||
The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits...
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500. 3....
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. ruary 12 Collect on accounts receivable, $53,500. 3. April...
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500. 3....
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500. 3....
The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounts Credits Cash Debits $ 26,600 17,400 16,000 168,000 Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500. 3. April 25...
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $ 228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500....
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500. 3....
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $ 228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500....
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 26,600 17,400 16,000 168,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,700 7,800 163,000 48,500 $228,000 $ 228,000 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $154,100, and on account, $62,200. 2. February 12 Collect on accounts receivable, $53,500....
Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Debits $ 26,600 17,400 16,000 168,000 Accounts Credits Cash Accounts Receivable Prepaid Insurance Land $ 8,700 7,800 163,000 48,500 $228,000 Accounts Payable Deferred Revenue Common Stock Retained Earnings $228,000 Totals The following is a summary of the transactions for the year: 1. January 2. February 12 Collect on accounts receivable, $53,500. 3. April 4. May 5. July 6. September 10 Pay on accounts...