Required a) Post the journal entries to the general ledger for January 2020. b) Fill in...
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Required a) Post the journal entries to the general ledger for January 2020. b) Fill in the PR column in the journal with the proper ledger numbers. If there is no entry to a particular account on a given date, please leave that row blank. Do not enter commas in the input boxes. Account: Cash GL No. 101 Date Description PR DR CR Balance 2020 Jan 1 Opening Balance Jan 5 J1 Jan 7 J1 Jan 13 J1 Jan 16 J1 Jan 27 J1 Account: Accounts Receivable GL No. 105 Date Description PR DR CR Balance 2020 Jan 1 Opening Balance Jan 5 J1 Jan 7 J1 Jan 13 J1 MacBook Air Engl Bridges, Withdrawals 310 During the month of January, Monster Planes had the following transactions. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit PR 2020 Jan 5 Cash 101 $10,000 Bridges, Capital 300 $10,000 Owner invested cash Jan 7 Cash 101 $2,560 Unearned Revenue 210 $2,560 Received deposit for future services Jan 13 Advertising Expense 500 $500 Accounts Payable 200 $500 Record advertising bill Jan 16 Telephone Expense 550 $200 101 $200 Cash Paid telephone bill 105 $2,020 Jan 27 Accounts Receivable 400 $2,020 Service Revenue English (en) Monster Pianes provides signt-seeing tours in vintage pipianes. Tne company is ownea by Chariie Briages. ine ciosing paiances at the arked out of end of December 2019 and the chart of accounts is shown below. 6.00 Flag Monster Planes uestion Balance Sheet As at December 31, 2019 Assets Liabilities Cash $7,000 Accounts Payable $8,200 Accounts Receivable $6,300 Unearned Revenue $3,700 Prepaid Insurance $1,800 Bank Loan $19,400 Equipment $41,900 Total Liabilities $31,300 Owners' Equity Bridges, Capital $25,700 Total Liabilities & Owners' Total Assets $57,000 $57,000 Equity Account Description Account Account Description Account ASSETS REVENUE Cash 101 Service Revenue 400 Accounts Receivable 105 EXPENSES Prepaid Insurance 110 Advertising Expense 500 Equipment 120 Insurance Expense 515 LIABILITIES Interest Expense 520 Accounts Payable 200 Telephone Expense 550 Interest Payable 205 Unearned Revenue 210 Bank Loan 215 OWNER'S EQUITY Bridges, Capital 300 Bridges, Withdrawals 310 MacBook Air 23 %23 Required a) Post the journal entries to the general ledger for January 2020. b) Fill in the PR column in the journal with the proper ledger numbers. If there is no entry to a particular account on a given date, please leave that row blank. Do not enter commas in the input boxes. Account: Cash GL No. 101 Date Description PR DR CR Balance 2020 Jan 1 Opening Balance Jan 5 J1 Jan 7 J1 Jan 13 J1 Jan 16 J1 Jan 27 J1 Account: Accounts Receivable GL No. 105 Date Description PR DR CR Balance 2020 Jan 1 Opening Balance Jan 5 J1 Jan 7 J1 Jan 13 J1 MacBook Air Engl Bridges, Withdrawals 310 During the month of January, Monster Planes had the following transactions. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit PR 2020 Jan 5 Cash 101 $10,000 Bridges, Capital 300 $10,000 Owner invested cash Jan 7 Cash 101 $2,560 Unearned Revenue 210 $2,560 Received deposit for future services Jan 13 Advertising Expense 500 $500 Accounts Payable 200 $500 Record advertising bill Jan 16 Telephone Expense 550 $200 101 $200 Cash Paid telephone bill 105 $2,020 Jan 27 Accounts Receivable 400 $2,020 Service Revenue English (en) Monster Pianes provides signt-seeing tours in vintage pipianes. Tne company is ownea by Chariie Briages. ine ciosing paiances at the arked out of end of December 2019 and the chart of accounts is shown below. 6.00 Flag Monster Planes uestion Balance Sheet As at December 31, 2019 Assets Liabilities Cash $7,000 Accounts Payable $8,200 Accounts Receivable $6,300 Unearned Revenue $3,700 Prepaid Insurance $1,800 Bank Loan $19,400 Equipment $41,900 Total Liabilities $31,300 Owners' Equity Bridges, Capital $25,700 Total Liabilities & Owners' Total Assets $57,000 $57,000 Equity Account Description Account Account Description Account ASSETS REVENUE Cash 101 Service Revenue 400 Accounts Receivable 105 EXPENSES Prepaid Insurance 110 Advertising Expense 500 Equipment 120 Insurance Expense 515 LIABILITIES Interest Expense 520 Accounts Payable 200 Telephone Expense 550 Interest Payable 205 Unearned Revenue 210 Bank Loan 215 OWNER'S EQUITY Bridges, Capital 300 Bridges, Withdrawals 310 MacBook Air 23 %23
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