Question

I would like to know how to fill in this sheet from these screen shots

The one more requirement is the the ledger account.

Snip & Sketch New 2 5 Problem 2-2A Preparing General Journal entries LO3,5,6 Bruce Ibach owns Biotech Fitness Centre, which showed the following selected transactions for the month ended May 31, 2021 May 2 1 Purchased new equipment, paying cash of $14,000 and signing a 90-clay note payable for the balance of $32,000. Prorchased 12 months of insurance to begin May 2; paid $24,000. 3 Completed a fitness contract for a group of clients today and received $6,000. 4 Purchased office supplies on account: $3,750. 6 Returned to the supplier 5750 of defective office supplies purchased on May 4. 10 Provided services to a client today on account: $11,500. 15 Paid for the May 4 purchase less the return of May 6. 20 Received payment from the client of May 10. 25 freceived cash of $2,500 from a client for work to be done in June. 31 Paid month-end salaries of $47,000. 31 Paid the way telephone bill today: 52,250. 31 Received the may ctectrical bill today, $3,700. It will be paid on June 15 Required Prepare General Journal entries for each of the above transactions. Type here to search O 9 ENG 10:09 PM 9/20/2020

Answer 1

Biotech Fitness Centre Explanation P.R. Credit in Journal Enteries Date Particulars 1.5.2021 Equipment Cash Note Payable (Equipment purchased) Debit in $ Credit in $ 46000 14000 32000 Date Explanation 1.5.2021 Cash Note Payable Equipment P.R. Debit in $ Date 14000 32000 Bal. 46000 46000 46000 24000 P.R. Credit in 2.5.2021 Prepaid Insurance Cash ( 12 month insurance) 24000 Date Explanation 1.5.2021 Balance 3.5.2021 Service Revenue 20.5.2021 Accounts Receivable 25.5.2021 Unearned Revenue Cash P.R. Debit in $ Date Explanation ? 6000 1.5.2021 Equipment 11500 2.5.2021 Prepaid Insurance 2500 15.5.2021 Accounts Payable 31.5.2021 Salaries Expense 31.5.2021 Telephone Expense 14000 24000 3.5.2021 6000 3000 Cash Service Revenue (Services provided) 6000 47000 2250 3750 4.5.2021 Office Supplies Accounts Payable (Supplies on account) 3750 Date Explanation Note Payable P.R. Debit in $ Date Explanation 1.5.2021 Equipment P.R. Credit in 32000 6.5.2021 750 Accounts Payable Office Supplies (Office supplies returned) 750 Prepaid Insurance P.R. Debit in $ Date 24000 Explanation Date Explanation 2.5.2021 Cash P.R. Credit in 11500 10.5.2021 Accounts Receivable Service Revenue (Service provided) 11500 Date Explanation Service Revenue P.R. Debit in $ Date Explanation 3.5.2021 Cash 10.5.2021 Accounts Receivable P.R. Credit in 6000 11500 3000 15.5.2021 Accounts Payable Cash (Creditors purchased) 3000 Office Supplies P.R. Debit in $ Date Explanation P.R. Credit in Date Explanation 4.5.2021 Accounts Payable 3750 11500 20.5.2021 Cash Accounts Receivable (Cash from debtors) 11500 Accounts Payable P.R. Debit in $ Date 750 4.5.2021 Date Explanation 6.5.2021 Office Supplies P.R. Credit in Explanation Office Supplies 3750 2500 25.5.2021 Cash Unearned Revenue (Advance from client) 2500 Date Explanation 10.5.2021 Service Revenue Accounts Receivable P.R. Debit in $ Date Explanation 11500 20.5.2021 Cash P.R. Credit in 11500 47000 31.5.2021 Salaries Expense Cash (Expense paid) 47000 Date Explanation Unearned Revenue P.R. Debit in $ Date Explanation 25.5.2021 Cash P.R. Credit in $ 2250 2500 31.5.2021 Telephone Expense Cash (Expense paid) 2250 Salaries Expense P.R. Debit in $ Date 47000 Explanation P.R. Credit in $ Date Explanation 31.5.2021 Cash 3100 31.5.2021 Electricity Expense Accounts Payable (Expense on account) 3100 Telephone Expense P.R. Debit in $ Date 2250 Explanation Date Explanation 31.5.2021 Cash P.R. Credit in $ Electricity Expense P.R. Debit in $ Date 3100 Explanation Date Explanation 31.5.2021 Accounts Payable P.R. Credit in

Susan Hurley P.R. Journal Enteries Date Particulars 1.9.2021 Cash Office Equipment Susan Hurley, Capital (Capital Invested) Debit in $ Credit in $ 20000 9200 29200 Date Explanation 1.9.2021 Susan Hurley, Capital 4.9.2021 Service Revenue 18.9.2021 Accounts Receivable Cash Debit in $ Date Explanation 20000 1.9.2021 Prepaid Rent 2900 10.9.2021 Accounts Payable 5080 14.9.2021 Prepaid Insurance 15.9.2021 Training Expense 28.9.2021 Susan Hurley, Withdrawals 30.9.2021 Utility Expense P.R. Credit in $ 5600 5180 3300 1250 2500 1750 5600 1.9.2021 Prepaid Rent Cash (2 months rent) 5600 P.R. Explanation P.R. Credit in s Office Equipment Debit in $ Date 9200 3800 3800 1380 Date Explanation 1.9.2021 Susan Hurley, Capital 2.9.2021 Accounts Payable 2.9.2021 Office Equipment Office Supplies Accounts Payable (Assets on account) 5180 P.R. Explanation Prepaid Rent Debit in $ Date 5600 Date 1.9.2021 P.R. Credit in Explanation Cash 4.9.2021 2900 Cash Service Revenue (Services provided) 2900 P.R. Office Supplies Debit in $ Date 1380 Explanation Date Explanation 2.9.2021 Accounts Payable P.R. Credit in $ 8.9.2021 5080 Accounts Receivable Service Revenue (Service provided) 5080 Date Explanation P.R. 5180 Service Revenue Debit in $ Date Explanation 4.9.2021 8.9.2021 Accounts Receivable 24.9.2021 Accounts Receivable 10.9.2021 Accounts Payable Cash (Creditors purchased) Cash P.R. Credit in 2900 5080 5180 5000 3300 14.9.2021 Prepaid Insurance Cash ( 12 month insurance) 3300 P.R. Date Explanation 8.9.2021 Service Revenue 24.9.2021 Accounts Receivable Accounts Receivable Debit in $ Date Explanation 5080 18.9.2021 Cash 5000 P.R. Credit in 5080 1250 15.9.2021 Training Expense Cash (Expense paid) 1250 P.R. Date Explanation 10.9.2021 Cash Accounts Payable Debit in $ Date Explanation 5180 2.9.2021 Office Equipment Office Supplies 29.9.2021 Office Supplies P.R. Credit in 3800 1380 5080 18.9.2021 Cash Accounts Receivable (Cash from debtors) 5080 450 20.9.2021 No Entry P.R. Prepaid Insurance Debit in $ Date 3300 Explanation Date Explanation 14.9.2021 Cash P.R. Credit in 5000 24.9.2021 Accounts Receivable Service Revenue (Service provided) 5000 P.R. Training Expense Debit in $ Date 1250 Date Explanation 15.9.2021 Cash Explanation P.R. Credit in $ 2500 28.9.2021 Susan Hurley, Withdrawals Cash (Cash drawn for personal use) 2500 P.R. Susan Hurley, Withdrawals Debit in $ Date Explanation 2500 Date Explanation 28.9.2021 Cash P.R. Credit in s 450 29.9.2021 Office Supplies Accounts Payable (Supplies on account) 450 P.R. Office Supplies Debit in $ Date 450 Explanation Date Explanation 29.9.2021 Accounts Payable P.R. Credit in s 1750 30.9.2021 Utility Expense Cash (Expense paid) 1750 Utility Expense Debit in $ Date P.R. Explanation P.R. Credit in s Date Explanation 30.9.2021 Cash 1750