Question

Can someone pls help me out I'm struggling very much. Thank you!

Date Accounts Debit Credit Accounts Receivable Account No. 105 Dec. 31 Salaries Expense 3,600 Date Explanation Ref. Debit Credit Balance Salaries Payable 3,600 Beg, Balance 0 Dec, 15 Performed services on account 11 3,800 3,800 Date Accounts Debit Credit Dec, 25 Collected cash an account J1 3,800 0 Dec. 31 100 Dec. 28 Performed services on account J1 700 700 Depreciation Expense- Furniture Accumulated Depreciation - Furniture Bal. J1 1,500 100 Office Supplies Account No. 115 Date Explanation Ref. Debit Credit Balance Date Accounts Debit Credit Beg Balance 0 0 Dec. 31 Insurance Expense 275 Dec. 4 Paid cash for office supplies 11 460 460 Prepaid Insurance 275 11 330

Answer 1

Account Receivable Date Explanation Ref Beg Balance J1 Dec-15 Performed service on account J1 Dec-25 Collected cash on account J1 Dec-28 Performed service on account J1 Dec-31 Performed service on account |J1 Account no 105 Debit Credit Balance 0 3800 3800 3800 0 700 700 800 1500 Office Supplies Date Explanation Ref Beg Balance J1 Dec-04 Paid for Office supplies J1 Dec-31 Supplies expenses incurred J1 Account no 115 Debit Credit Balance 0 460 460 130 330

Debit Credit Account no 120 Balance 0 Prepaid Insurance Date Explanation Ref Beg Balance J1 Paid cash for Four month Dec-01 insurance policy J1 Dec-31 Insurance expenses incured J1 1100 1100 825 275 Credit Accumulated Depreciation-Furniture Date Explanation Ref Debit Beg Balance J1 Depreciation provided on Dec-31 furniture J1 Account no 156 Balance 0 100 100

Debit Salaries Payable Date Explanation Ref Beg Balance J1 Dec-31 Salary expense incurred J1 Account no 210 Credit Balance 0 3600 3600 Debit Credit Account no 235 Balance 0 Unearned Revenue Date Explanation Ref Beg Balance J1 Cash collected for the service Dec-22 to be performed J1 Performed services for Dec-31 advance collected J1 4100 4100 500 3600

Debit Credit Account no 410 Balance 0 Service Revenue Date Explanation Ref Beg Balance J1 Dec-12 Performed Service for cash J1 Dec-15 Performed Service on account J1 Dec-20 Performed Service for cash J1 Dec-28 Performed Service on account J1 Performed services for Dec-31 advance collected J1 Dec-31 Performed Service on account J1 2800 3800 18300 700 2800 6600 24900 25600 500 26100 800 26900 Debit Credit Insurance Expenses Date Explanation Ref Beg Balance J1 Dec-31 Insurance paid in advance J1 Account no 520 Balance 0 275 275

Debit Credit Salaries Expenses Date Explanation Ref Beg Balance J1 Dec-18 Paid salary J1 Dec-31 Salary to be paid J1 Account no 545 Balance 0 3200 6800 3200 3600 Debit Credit Supplies expenses Date Explanation Ref Beg Balance 11 Dec-31 Office supplies J1 Account no 550 Balance 0 130 130