In: Accounting
Number | Name | Normal Balance |
1110 | Cash | Debit |
1120 | Accounts Receivable | Debit |
1130 | Prepaid Insurance | Debit |
1140 | Prepaid Rent | Debit |
1150 | Office Supplies | Debit |
1211 | Office Equip. | Debit |
1212 | Accum. Depr.-Office Equip. | Credit |
1311 | Computer Equip. | Debit |
1312 | Accum. Depr.-Computer Equip. | Credit |
1411 | Building Cost | Debit |
1412 | Accum. Depr.-Building | Credit |
1510 | Land | Debit |
2101 | Accounts Payable | Credit |
2102 | Advanced Payments | Credit |
2103 | Interest Payable | Credit |
2105 | Salaries Payable | Credit |
2106 | Income Taxes Payable | Credit |
2201 | Mortgage Payable | Credit |
2202 | Notes Payable | Credit |
3100 | Capital Stock | Credit |
3200 | Retained Earnings | Credit |
3300 | Dividends | Debit |
3400 | Income Summary | Credit |
4100 | Computer & Consulting Revenue | Credit |
5010 | Rent Expense | Debit |
5020 | Salary Expense | Debit |
5030 | Advertising Expense | Debit |
5040 | Repairs & Maint. Expense | Debit |
5050 | Oil & Gas Expense | Debit |
5080 | Supplies Expense | Debit |
5090 | Interest Expense | Debit |
5100 | Insurance Expense | Debit |
5110 | Depreciation Expense | Debit |
5120 | Income Tax Expense | Debit |
15. | June 21: Accounts payable in the amount of $320 were paid. |
16. | June 22: Paid the advertising bill that was received on June 17. |
17. | June 22: Received a bill for $1,265 from Computer Parts and Repair Co. for repairs to the computer equipment. |
18. | June 22: Paid salaries of $910 to equipment operators for the week ending June 18. |
19. | June 23: Cash in the amount of $3,445 was received on billings. |
20. | June 23: Purchased office supplies for $705 on credit. Record the purchase as an increase to the assets. |
21. | June 28: Billed $5,280 to miscellaneous customers for services performed to June 25. |
22. | June 29: Cash in the amount of $5,001 was received for billings. |
23. | June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. |
24. | June 29: Paid salaries of $910 to equipment operators for the week ending June 25. |
25. | June 30: Received a bill for the amount of $890 from O & G Oil and Gas Co. |
Date | Number | General Journal | Debit | Credit |
June 21 | 2101 | Accounts Payable | 320.00 | |
1110 | Cash | 320.00 | ||
June 22 | 2101 | Accounts Payable | 400.00 | |
1110 | Cash | 400.00 | ||
June 22 | 5040 | Repairs & Maint. Expense | 1,265.00 | |
2101 | Accounts Payable | 1,265.00 | ||
June 22 | 5020 | Salary Expense | 910.00 | |
1110 | Cash | 910.00 | ||
June 23 | 1110 | Cash | 3,445.00 | |
1120 | Accounts Receivable | 3,445.00 | ||
June 23 | 1150 | Office Supplies | 705.00 | |
2101 | Accounts Payable | 705.00 | ||
June 28 | 1120 | Accounts Receivable | 5,280.00 | |
4100 | Computer & Consulting Revenue | 5,280.00 | ||
June 29 | 1110 | Cash | 5,001.00 | |
1120 | Accounts Receivable | 5,001.00 | ||
June 29 | 2101 | Accounts Payable | 1,265.00 | |
1110 | Cash | 1,265.00 | ||
June 29 | 5020 | Salary Expense | 910.00 | |
1110 | Cash | 910.00 | ||
June 30. | 5050 | Oil & Gas Expense | 890.00 | |
2101 | Accounts Payable | 890.00 | ||