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Number Name Normal Balance 1110 Cash Debit 1120 Accounts Receivable Debit 1130 Prepaid Insurance Debit 1140...

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.

Solutions

Expert Solution

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

ekkarill92 answered 1 year ago
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