*Problem 3-6A (Part Level Submission)
This is the trial balance of Carla Vista Co. on September 30.
CARLA VISTA CO.
Trial Balance
September 30, 2017
Debit Credit
Cash $ 23,320
Accounts Receivable 6,720
Supplies 5,030
Equipment 10,930
Accounts Payable $ 8,920
Unearned Service Revenue 4,030
Common Stock 19,120
Retained Earnings 13,930
$46,000 $46,000
The October transactions were as follows.
Oct. 5 Received $1,330 in cash from customers for accounts
receivable due.
10 Billed customers for services performed $5,640.
15 Paid employee salaries $1,100.
17 Performed $620 of services in exchange for cash.
20 Paid $1,990 to creditors for accounts payable due.
29 Paid a $250 cash dividend.
31 Paid utilities $370.
*(a)
Prepare a general ledger using T-accounts. Enter the opening
balances in the ledger accounts as of
October 1.
Cash
Accounts Receivable
Supplies
Equipment
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Cash | Accounts Receivable | Supplies | Equipment | |||||||||||||||
Debit | Debit | Debit | Debit | Debit | Debit | Debit | Debit | |||||||||||
Beginning Balance | $ 23,320 | Oct 15 | $ 1,100 | Beginning Balance | $ 6,720 | Oct 5 | $ 1,330 | Beginning Balance | $ 5,030 | Beginning Balance | $ 10,930 | |||||||
Oct 5 | $ 1,330 | Oct 20 | $ 1,990 | Oct 10 | $ 5,640 | |||||||||||||
Oct 17 | $ 620 | Oct 29 | $ 250 | |||||||||||||||
Oct 31 | $ 370 | |||||||||||||||||
Ending Balance | $ 21,560 | Ending Balance | $ 11,030 | Ending Balance | $ 5,030 | Ending Balance | $ 10,930 | |||||||||||
Accounts Payable | Unearned Service Revenue | Common Stock | Retained Earning | |||||||||||||||
Debit | Debit | Debit | Debit | Debit | Debit | Debit | Debit | |||||||||||
Oct 20 | $ 1,990 | Beginning Balance | $ 8,920 | Beginning Balance | $ 4,030 | Beginning Balance | $ 19,120 | Beginning Balance | $ 13,930 | |||||||||
Ending Balance | $ 6,930 | Ending Balance | $ 4,030 | Ending Balance | $ 19,120 | Ending Balance | $ 13,930 | |||||||||||
Service Revenue | Salaries Expense | Dividend | Utilities Expense | |||||||||||||||
Debit | Debit | Debit | Debit | Debit | Debit | Debit | Debit | |||||||||||
Oct 10 | $ 5,640 | Oct 15 | $ 1,100 | Oct 29 | $ 250 | Oct 31 | $ 370 | |||||||||||
Oct 17 | $ 620 | |||||||||||||||||
Ending Balance | $ 6,260 | Ending Balance | $ 1,100 | Ending Balance | $ 250 | Ending Balance | $ 370 |
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