Greg Failla operates Showbiz Video. The follow ing accounts are used to record business transactions. Record the
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Greg Failla operates Showbiz Video. The follow ing accounts are used to record business transactions.
Record the following transactions on page 5 of the general journal in your working papers.
Transcribed Image Text:
General Ledger 101 Cash in Bank 105 Accts. Rec.-G. Cohen 110 Accts. Rec.-J. Coletti 113 Accts. Rec.-S. Flannery 115 Accts. Rec.-Spring Branch School District 130 Office Equipment 135 Office Furniture 140 Computer Equipment 145 Video Tapes 150 Video Equipment 201 Accts. Pay.-Broad Street Office Supply 205 Accts. Pay.-Computer Horizons 207 Accts. Pay. 209 Accts. Pay 301 Greg Failla, Capital 305 Greg Failla, Withdrawals 310 Income Summary 401 Video Rental Revenue 405 VCR Rental Revenue 501 Advertising Expense 505 Equipment Repair Expense 510 Maintenance Expense 520 Rent Expense 525 Salaries Expense 530 Utilities Expense New Media Suppliers Palace Films
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Jan 1 101 Cash in Bank 3400 405 VCR Rental Revenue 1900 401 V...View the full answer
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