Regina Delgado owns a business called Hot Suds Car Wash. She uses the following chart of accounts.
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Regina Delgado owns a business called Hot Suds Car Wash. She uses the following chart of accounts.
Record the following transactions on page 1 of the general journal in your working papers.
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General Ledger 101 Cash in Bank 401 Wash Revenue 405 Wax Revenue 410 Interior Detailing Revenue 501 Advertising Expense 505 Equipment Rental Expense 510 Maintenance Expense 520 Rent Expense 525 Salaries Expense 530 Utilities Expense 105 Accts. Rec.-Linda Brown 110 Accts. Rec.-Valley Auto 125 Office Equipment 130 Office Furniture 135 Car Wash Equipment 201 Accts. Pay.-Allen Vacuum Systems 205 Accts. Pay-O'Brian's Office Supply 301 Regina Delgado, Capital 305 Regina Delgado, Withdrawals 310 Income Summary
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Date Transactions Debit Credit Jan 1 Regina Delgado invested 12000 in the business Memorandum 41 301 ...View the full answer
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