The transactions listed below took place at Prasad Building Cleaning Service during September 20X1. This firm cleans commercial buildings for a fee.

INSTRUCTIONS
Analyze and record each transaction in the general journal. Choose the account names from the chart of accounts shown below. 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.

Analyze: 

How many transactions affected expense accounts?

Transcribed Image Text:

ASSETS 101 Cash 111 Accounts Receivable 121 Cleaning Supplies 131 Office Supplies 134 Prepaid Rent 141 Equipment LIABILITIES 202 Accounts Payable OWNER'S EQUITY 301 Victor Prasad, Capital 302 Victor Prasad, Drawing REVENUE 401 Fees Income EXPENSES 511 Equipment Repair Expense 514 Salaries Expense 521 Telephone Expense 524 Utilities Expense