prepare a journal 1A Recording transactions in the general journal. The transactions that follow took place
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prepare a journal
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1A ► Recording transactions in the general journal. The transactions that follow took place at the Cedar Hill Recreation and Sports Arena during September 20X1. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers tennis lessons. INSTRUCTIONS Record each transaction in the general journal, using the following chart of accounts. Be sure to number the journal page I and to write the year at the top of the Date column. Include a description for each entry. ASSETS REVENUE 101 Cash 401 Fees Income 111 Accounts Receivable EXPENSES 121 Supplies 134 Prepaid Rent 141 Equipment LIABILITIES 202 Accounts Payable OWNER'S EQUITY 301 Terry Pohlen, Capital 302 Terry Pohlen, Drawing DATE Sept. 1 5 6 10 11 12 15 18 19 20 21 21 22 23 26 28 30 30 511 Equipment Repair Expense 512 Rent Expense 513 Salaries Expense 514 Telephone Expense 517 Utilities Expense TRANSACTIONS Issued Check 1169 for $3,000 to pay the September rent. Performed services for $8,000 in cash. Performed services for $5,900 on credit. Paid $1,150 for monthly telephone bill; issued Check 1170. Paid for equipment repairs of $1,250 with Check 1171. Received $2,500 on account from credit clients. Issued Checks 1172-1177 for $6,200 for salaries. Issued Check 1178 for $2,965 to purchase supplies. Purchased new tennis rackets for $5,250 on credit from The Tennis Supply Shop; received Invoice 3108, payable in 30 days. Issued Check 1179 for $4,820 to purchase new nets. (Equip.) Received $1,500 on account from credit clients. Returned a damaged net and received a cash refund of $1,140. Performed services for $4,450 in cash. Performed services for $7,050 on credit. Issued Check 1180 for $975 to purchase supplies. Paid the monthly electric bill of $1,875 with Check 1181. Issued Checks 1182-1187 for $6,200 for salaries. Issued Check 1188 for $7,500 cash to Terry Pohlen for personal expenses. Analyze: If the company paid a bill for supplies on October 1, what check number would be included in the journal entry description? 1A ► Recording transactions in the general journal. The transactions that follow took place at the Cedar Hill Recreation and Sports Arena during September 20X1. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers tennis lessons. INSTRUCTIONS Record each transaction in the general journal, using the following chart of accounts. Be sure to number the journal page I and to write the year at the top of the Date column. Include a description for each entry. ASSETS REVENUE 101 Cash 401 Fees Income 111 Accounts Receivable EXPENSES 121 Supplies 134 Prepaid Rent 141 Equipment LIABILITIES 202 Accounts Payable OWNER'S EQUITY 301 Terry Pohlen, Capital 302 Terry Pohlen, Drawing DATE Sept. 1 5 6 10 11 12 15 18 19 20 21 21 22 23 26 28 30 30 511 Equipment Repair Expense 512 Rent Expense 513 Salaries Expense 514 Telephone Expense 517 Utilities Expense TRANSACTIONS Issued Check 1169 for $3,000 to pay the September rent. Performed services for $8,000 in cash. Performed services for $5,900 on credit. Paid $1,150 for monthly telephone bill; issued Check 1170. Paid for equipment repairs of $1,250 with Check 1171. Received $2,500 on account from credit clients. Issued Checks 1172-1177 for $6,200 for salaries. Issued Check 1178 for $2,965 to purchase supplies. Purchased new tennis rackets for $5,250 on credit from The Tennis Supply Shop; received Invoice 3108, payable in 30 days. Issued Check 1179 for $4,820 to purchase new nets. (Equip.) Received $1,500 on account from credit clients. Returned a damaged net and received a cash refund of $1,140. Performed services for $4,450 in cash. Performed services for $7,050 on credit. Issued Check 1180 for $975 to purchase supplies. Paid the monthly electric bill of $1,875 with Check 1181. Issued Checks 1182-1187 for $6,200 for salaries. Issued Check 1188 for $7,500 cash to Terry Pohlen for personal expenses. Analyze: If the company paid a bill for supplies on October 1, what check number would be included in the journal entry description?
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Date General Journal Debit Credit 1 Sep 01 2019 Rent expense 1200 Cash 1200 To record check 1169 iss... View the full answer
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