Question

Make the following journal entries for the following transactions to create trial balance:

A computer was purchased for $ 900.00.
$ 100.00 was paid in promotions.
A $100.00 depreciation expense was posted.
$ 300.00 was paid in the payment of "utilities" from the checking account.
A service was performed for the client for $ 3,000.00, and the customer paid in cash to our checking account.
Equipment was purchased with credit for $ 4,000.00.
The $ 300.00 telephone bill was paid from the checking account.
A service was provided to a client for $ 7,000.00.
There was a maintenance charge for $ 200.00 and was paid from the checking account.
A car was purchased for business use with a value of $ 12,000.00, of which $ 2,000.00 was paid in cash and the remainder on credit.
A payment to a debt in cash of $ 500.00 was made.
A customer requested a maintenance service to his vehicle on credit and was offered a $ 600.00 credit.

Answer 1

No.	Accounts title	Dr	Cr
1	Computer	900
	To cash		900
	[Being computer was purchased]
2	Advertising expense	100
	To cash		100
	[being promotions expense was paid]
3	Deprecaition expense	100
	To Accumulated Deprecaition		100
	[Being depreciation expense was recorded]
4	Utilities expense	300
	To Bank		300
	[being utilities expense are paid from the checking account]
5	Bank	3000
	To service revenue
	[being customer paid in cash to our checking account ]
6	Equipment	4000
	To Accounts payable		4000
	[Being Equipment was purchased ]
7	Telephone expense	300
	To Bank		300
	[Being telephone bill was paid]
8	Accounts receivable	7000
	To Service revenue		7000
	[Being A service was provided on credit]
9	maintenance expense	200
	To cash		200
	[Being maintenance charge are paid]
10	Office Car	12000
	To Cash		2000
	To Accounts payable		10000
	[Being car was purchased ]
11	Miscellaneous expense	500
	To cash		500
	[Being Miscellaneous payment made]
12	Accounts receivable	600
	To service revenue		600
	[being customer requested a maintenance service on credit]