Question
complete general ledger
PELICAN COMPANY On April 1, John Thompson opened Pelican Company. The company provides services to a variety of customers. Th
The company paid $170 cash for this months utility bill. Thompson withdrew $2,000 cash from the company for personal use. Ap
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Cash
April 1 $ 37,000 April 1 20,000
April 7 8,000 April 1 2,400
April 1 2,900
April 14 980
April 28 980
April 30 170
April 30 2,000
Balance, April 30 $ 15,570
Accounts Receivable
April 24 1,000
Balance, April 30 1,000
Supplies
April 2 100 Adj. 3 25
Balance, April 30 75
Prepaid Insurance
April 1 2,400 Adj. 2 200
Balance, April 30
Equipment
April 1 20,000
Balance, April 30 20,000
Accumulated Depreciation
April 30, Adj. 4 400
Balance, April 30 400
Accounts Payable
April 2 100
Balance, April 30 100
Salary Payable
April 30, Adj. 1 140
Balance, April 30 140
Owner Capital
April 1 37,000
Balance, April 30 37,000
Owner Drawing
April 30 2,000
Balance, April 30 2,000
Service Revenue
April 7 8,000
April 24 1,000
9,000
Salary Expense
April 14 980
April 28 980
April 30, Adj. 1 140
2,100
Rent Expense
April 1 2,900
2,900
Supplies Expense
April 30, Adj. 3 25
Utility Expense
April 30 170
170
Insurance Expense
April 30, Adj. 2 200
200
Depreciation Expense
April 30, Adj. 4 400
400
Add a comment
Know the answer?
Add Answer to:
complete general ledger PELICAN COMPANY On April 1, John Thompson opened Pelican Company. The company provides...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • accounting cycle MARSHALL COMPANY On April 1, Ralph Marshall opened Marshall Company. The company provides services...

    accounting cycle MARSHALL COMPANY On April 1, Ralph Marshall opened Marshall Company. The company provides services to a variety of clients. The company was organized as a corporation and has a monthly accounting period. The following transactions occurred during April Apr. 1 Apr. 1 Apr. 1 Marshall invested $20,000 cash in the company in exchange for its common stock. The company paid $1,000 cash to rent office space for April The company paid $1,440 cash for the premium on a...

  • accounting cycle help! MARSHALL COMPANY On April 1, Ralph Marshall opened Marshall Company. The company provides...

    accounting cycle help! MARSHALL COMPANY On April 1, Ralph Marshall opened Marshall Company. The company provides services to a variety of clients. The company was organized as a corporation and has a monthly accounting period. The following transactions occurred during April. Apr. 1 Аpг. 1 Apr. 1 Marshall invested $20,000 cash in the company in exchange for its common stock The company paid $1,000 cash to rent office space for April. The company paid $1,440 cash for the premium on...

  • Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions...

    Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions for April follow. Apr 1 Roulstone contributed $11.500 cash to the business in exchange for common stock. 2 Paid 56,100 cash for the purchase of a used truck. 2 Purchased 53.100 of ladders and other equipment the company paid $1.000 cash with the balance due in 30 days. 3 Paid $2,880 cash for two-year (or 24-month) premium toward liability insurance. 5 Purchased $1,200 of...

  • Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions...

    Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions for April follow. Apr.1 Roulstone contributed $34,500 cash to the business in exchange for common stock. Paid $18,300 cash for the purchase of a used truck. Purchased $9,300 of ladders and other equipment; the company paid $1,000 cash, with the balance due in 30 days. Paid $8,640 cash for two-year (or 24-month) premium toward liability insurance. Purchased $3,600 of supplies on credit. Received an...

  • Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions...

    Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions for April follow. Apr.1 Roulstone contributed $34,500 cash to the business in exchange for common stock. Paid $18,300 cash for the purchase of a used truck. Purchased $9,300 of ladders and other equipment; the company paid $1,000 cash, with the balance due in 30 days. Paid $8,640 cash for two-year (or 24-month) premium toward liability insurance. Purchased $3,600 of supplies on credit. Received an...

  • Please Help me with all the following requirements. So confusing. 1-7. thank you! On April 1,...

    Please Help me with all the following requirements. So confusing. 1-7. thank you! On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $42,000 cash and computer equipment worth $40,000 in the company 2 The company rented furnished office space by paying $2,500 cash for the first month's (Apri1) rent 3 The company purchased $1,100 of office supplies for cash 10 The company paid...

  • Please post to: General Journal, General Ledger, Trail Balance, Income statement, Statement of Owners Equity, Balance...

    Please post to: General Journal, General Ledger, Trail Balance, Income statement, Statement of Owners Equity, Balance Sheet, and Post Closing. THANK YOU!!! :) On April 1, Sharon Lewis created a new travel agency, Lewis Travel. The following transactions occurred during the company's first month. Apr. 1 Lewis invested $39,000 cash and computer equipment worth $19, 200 in the company. Apr. 2 The company rented furnished office space by paying $2,300 cash for the first month's (April) rent. Apr. 3 The...

  • Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions...

    Journalizing and Posting Transactions and Adjustments D. Roulstone opened Roulstone Roofing Service on April 1. Transactions for April follow. Apr.1 Roulstone contributed $34,500 cash to the business in exchange for common stock. Paid $18,300 cash for the purchase of a used truck. Purchased $9,300 of ladders and other equipment; the company paid $1,000 cash, with the balance due in 30 days. Paid $8,640 cash for two-year (or 24-month) premium toward liability insurance. Purchased $3,600 of supplies on credit. Received an...

  • On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred...

    On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $47,000 cash and computer equipment worth $20,000 in the company. 2 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. 3 The company purchased $1,200 of office supplies for cash. 10 The company paid $2,400 cash for the premium on a 12-month insurance policy. Coverage begins on April...

  • On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred...

    On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $43.000 cash and computer equipment worth $40,000 in the company 2 The company rented furnished office space by paying $2,600 cash for the first month's (April) rent 3 The company purchased $1,100 of office supplies for cash. 10 The company paid $2.700 cash for the premium on a 12-month insurance policy. Coverage begins on April...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT