Abe Shultz owns and operates a pet grooming business called Kits & Pups Grooming. The following accounts
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Abe Shultz owns and operates a pet grooming business called Kits & Pups Grooming. The following accounts are used to journalize transactions.
Record the following transactions on page 7 of the general journal in your working papers.
Transcribed Image Text:
General Ledger 101 Cash in Bank 105 Accts. Rec. Juan Alvarez 110 Accts. Rec.-N. Carlsbad 115 Accts. Rec.-Martha Giles 125 Office Equipment 130 Office Furniture 135 Computer Equipment 140 Grooming Equipment 145 Kennel Equipment 201 Accts. Pay.-Able Store Equipment 205 Accts. Pay.-Dogs & Cats Inc. 207 Accts. Pay.-Pet Gourmet 301 Abe Shultz, Capital 305 Abe Shultz, Withdrawals 310 Income Summary 401 Boarding Revenue 405 Grooming Revenue 501 Advertising Expense 505 Equipment Repair Expense 510 Maintenance Expense 520 Rent Expense 525 Salaries Expense 530 Utilities Expense
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Jan 1 Dr Cash in Bank 101 125 Cr Boarding Revenue 401 125 Jan 3 Dr Comp...View the full answer
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