Question

 • Journalize the entry below in the provided two column journal. Journal entry

 explanations are not required.

 • September 27 - Paid Rowzen Equipment,

 a creditor, $500 on account

 • After entering the above journal entry in the journal, post the journal in the provided four-column ledger.

 • Enter the ending balance in the four-column ledger for each account.

Answer 1

Journal				Amount in $
Date	Description	Post Ref.	Debit	Credit
Sept. 27	Account Payable A/c ……………………………..Dr.	Entry no 1	500
	To Cash			500

Account	Cash				Account No. 11
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance				20500
Sept. 27	By Account Payable	Entry no 1		300	20200
Sept. 30	Balance				20200
Account	Account Receivable				Account No. 12
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance				4000
Sept. 30	Balance				4000
Account	Supplies				Account No. 13
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance				120
Sept. 30	Balance				120
Account	Equipment				Account No. 17
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance				3000
Sept. 30	Balance				3000
Account	Account Payable				Account No. 21
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance					800
Sept. 27	To Cash	Entry no 1	300			500
Sept. 30	Balance					500
Account	N.H.Sabet, Capital				Account No. 32
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance				4000
Sept. 30	Balance				4000
Account	Fees Earned				Account No. 41
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance
Sept. 30	Balance
Account	Wages Expense				Account No. 52
					Balance
Date	Item	Post Ref.	Debit	Credit	Debit	Credit
20xx
Sept. 1	Balance
Sept. 30	Balance