Recording transactions in the general journal.The transactions that follow took place at t...

Recording transactions in the general journal.

The transactions that follow took place at the Cedar Hill Sports Arena during September 2016. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers tennis lessons.

INSTRUCTIONS

Record each transaction in the general journal, using the following chart of accounts. Be sure to number the journal page 1 and to write the year at the top of the Date column. Include a description for each entry.

ASSETS

101 Cash

111 Accounts Receivable

121 Supplies

141 Equipment

LIABILITIES

202 Accounts Payable

OWNER’S EQUITY

301 Selena Cantu, Capital

302 Selena Cantu, Drawing

REVENUE

401 Fees Income

EXPENSES

511 Equipment Repair Expense

512 Rent Expense

513 Salaries Expense

514 Telephone Expense

517 Utilities Expense

Analyze: If the company paid a bill for supplies on October 1, what check number would be included in the journal entry description?