Homework Answers
Requirement:1
| Date | General Journal | DEBIT | CREDIT |
| September. 1 | Prepaid Rent | $ 13,200 | |
| Cash | $ 13,200 | ||
| (To record prepaid rent) | |||
| September. 1 | Cash | $ 57,600 | |
| Unearned Revenue | $ 57,600 | ||
| (To record unearned revenue) | |||
| September. 1 | No Journal Entry Required | $ - | |
| $ - | |||
| September. 1 | No Journal Entry Required | $ - | |
| $ - | |||
Requirement:2
| Event | General Journal | DEBIT | CREDIT |
| September. 30 | Rent Expense [13200/6] | $ 2,200 | |
| Preapid Rent | $ 2,200 | ||
| (To record rent expense) | |||
| September. 30 | Unearned Revenue [57600/12] | $ 4,800 | |
| Sales Revenue | $ 4,800 | ||
| (To record sales revenue) | |||
| September. 30 | Accounts Receivables | $ 2,300 | |
| Sales revenue | $ 2,300 | ||
| (To record sales revenue) | |||
| September. 30 | Salaries Expense | $ 3,300 | |
| Salaries Payable | $ 3,300 | ||
| (To record salaries expense) |
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Purchased equipment for $9,800, paying $1,800 in cash and the
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8
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12
Incurred $600 in advertising expenses on account.
20
Paid $3,000 for...
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Question 7B
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