Question

Anne Aile transactions for her Profesional Services business Month: September Transactions Amount 1 Invested cash in her business $ 20.000 2 Purchased equipment on account $ 17,280 Record depreciation using a 5 year useful life on the equipment using strachi-line menthod, and no salvage value 4 Paid rert for the office space $ 680 Contracted a receptionist 1 5 Purchased supplies in cash $ 942 8 Received cash for services performed $ 1690 10 Paid miscellaneous office expenses $ 430 14 Billed customers for services performed $ 5.820 Paid a partial payment of the equipment purchased on accountin dey 2 $ 3.600 Withdraw cash for her personal use. $ 3.000 20 Received cash from customers that were billed previously $ 980 25 Billed customers for services performed $ 2.110 30 Paid in cash the following expenses Salaries and Wages Expense S 일 1.800 Miscellaneous Office Expense $ 85 30 Counted the supplies and identified the amount consumed. $ 330 Actions lo lake. 1 Prepare the General Ledger for the following accounts and register each transachon mentioned above including closina Cash Accounts Receivable Supplies Equipment Accumulaed Depreciation Equipment Accounts Payable Owner' Capital Owner' Drawing loptional Service Revenue Rent Expense Office Expense Salaries and Wages Expense Supplies Expense Depreciation Expense Income Summary 2 Prepare the Trial Balance (including datel

Hi I need help filling general ledger and trial balance.
It has to be in the format it is (the general ledger)

This is the trial balance format.
I know its 2 exercises but I send the first one and I got sent something different and complicated. Please help take 2 of my monthly quetions if needed.

Answer 1

Solution:

Requirement 1 General Ledger Cash Date Description Post Ref. Debit Credit Balance $ $ $ 20,000 $ $ $ 1,690 Sep-01 Beginning Balance Sep-01 Owner's Capital Sep-04 Rent Expense Sep-05 Supplies Sep-08 Service Revenue Sep-10 Office Expense Sep-18 Accounts Payable Sep-19 Owner's Drawings Sep-20 Accounts Receivable Sep-30 Salaries and Wages Exp. Sep-30 Office Expense $ $ $ $ 680$ 942 $ $ 430 $ 3,600 $ 3,000 $ $ 1,800 $ 85$ 20,000 19,320 18,378 20,068 19,638 16,038 13,038 14,018 12,218 12,133 $ $ 980 $ $ General Ledger Accounts Receivable Date Description Post Ref. Debit Credit Balance $ $ $ 5,820 Sep-01 Beginning Balance Sep-14 Service Revenue Sep-20 Cash Sep-25 Service Revenue $ $ 980$ $ 5,820 4,840 $ $ 2,110 6,950

General Ledger Equipment Date Description Post Ref. Debit Credit Balance $ $ Sep-01 Beginning Balance Sep-02 Accounts Payable $ $ $ 17,280 17,280 General Ledger Accumulated Depreciation-Equipment Post Date Description Debit Ref. Sep-01 Beginning Balance $ Sep-30 Depreciation Expense $ 288 Credit Balance $ $ $ 288 General Ledger Supplies Date Description Post Ref. Debit Credit Balance $ Sep-01 Beginning Balance Sep-05 Cash Sep-30 Supplies Expense $ $ 942 $ $ 330 $ 942 $ 612

General Ledger Accounts Payable Post Ref. Debit Credit Balance Date Description Sep-01 Beginning Balance Sep-02 Equipment Sep-18 Cash $ $ $ $ 17,280 $ $ 17,280 13,680 $ 3,600 General Ledger Owner's Capital Date Description Post Ref. Debit Credit Balance $ $ $ Sep-01 Beginning Balance Sep-01 Cash Sep-30 Owner's Drawings Sep-30 Income Summary $ 20,000 $ $ 6,007 $ $ 3,000 20,000 17,000 23,007 $ General Ledger Owner's Drawings Post Date Description Debit Credit Balance Ref. $ Sep-01 Beginning Balance Sep-19 Cash Sep-30 Owner's Capital $ $ 3,000 $ $ 3,000 $ 3,000 $

General Ledger Income Summary Post Ref. Debit Credit Balance $ $ $ 680 Date Description Sep-01 Beginning Balance Sep-30 Service Revenue Sep-30 Rent Expense Sep-30 Office Expense Sep-30 Salaries and Wages Exp Sep-30 Supplies Expense Sep-30 Depreciation Expense Sep-30 Owner's Capital 515 $ $ $ $ $ $ $ 9,620 $ $ $ $ $ $ $ 9,620 8,940 8,425 6,625 6,295 6,007 1,800 330 288 6,007 General Ledger Service Revenue Date Description Post Ref. Debit Credit Balance $ Sep-01 Beginning Balance Sep-08 Cash Sep-14 Accounts Receivable Sep-25 Accounts Receivable Sep-30 Income Summary $ $ $ $ $ 1,690$ 5,820 $ 2,110 $ $ 1,690 7,510 9,620 $ 9,620 General Ledger Rent Expense Post Date Description Debit Credit Balance Ref. Sep-01 Beginning Balance Sep-04 Cash Sep-30 Income Summary $ $ 680 $ $ 680 $ 680 $

General Ledger Office Expense Date Description Post Ref. Debit Credit Balance $ $ $ $ 430 Sep-01 Beginning Balance Sep-10 Cash Sep-30 Cash Sep-30 Income Summary 430 $ $ $ 515$ 85 515 $ General Ledger Salaries and Wages Expense Date Description Post Ref. Debit Credit Balance $ Sep-01 Beginning Balance Sep-30 Cash Sep-30 Income Summary $ $ 1,800 $ $ 1,800 $ 1,800 $ General Ledger Supplies Expense Post Date Description Debit Credit Balance Ref. $ Sep-01 Beginning Balance Sep-30 Supplies Sep-30 Income Summary $ $ 330 $ $ 330 $ 330 $ General Ledger Depreciation Expense Date Description Post Ref. Debit Credit Balance $ Sep-01 Beginning Balance Sep-30 Accum. Depreciation Sep-30 Income Summary $ $ 288 $ $ 288 $ 288 $

# Credit $ $ $ Debit 12,133 6,950 17,280 $ 288 Requirement 2 Anne Aile Trial Balance September 30, 20XX Description Cash Accounts Receivable Equipment Accumulated Depreciation Equipment Supplies Accounts Payable Owner's Capital Owner's Drawings Service Revenue Rent Expense Office Expense Salaries and Wages Expense Supplies Expense Depreciation Expense $ 612 $ $ 13,680 20,000 $ 3,000 $ 9,620 680 $ $ $ $ $ 515 1,800 330 288 Total $ 43,588 $ 43,588