Base on the information BELOW, create T accounts and Trail Balance Double Entry Bookkeeping Journal Date Account
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Base on the information BELOW, create T accounts and Trail Balance
Double Entry Bookkeeping Journal | |||
Date | Account Titles and Explanation | Debit | Credit |
3-Oct | Cash | $ 4,500 | |
Revenue | $ 4,500 | ||
To record received cash revenue for an online financial course | |||
7-Oct | Cash | $ 1,200 | |
Revenue | $ 1,200 | ||
To record cash income from an individual financial consulting session | |||
9-Oct | Marketing Expense | $ 2,000 | |
Accounts Payable | $ 2,000 | ||
To record purchased marketing services on credit | |||
15-Oct | Withdraw | $ 3,000 | |
Cash | $ 3,000 | ||
To record the owner withdrew cash for personal use | |||
17-Oct | Utilities Expense | $ 600 | |
Cash | $ 600 | ||
To record paid cash for utilities | |||
19-Oct | Salaries Expense | $ 8,000 | |
Cash | $ 8,000 | ||
To record Paid cash for employee salaries | |||
21-Oct | Insurance Expense | $ 1,500 | |
Cash | $ 1,500 | ||
To record Paid cash for insurance premium | |||
23-Oct | Cash | $ 6,000 | |
Unearned Revenue | $ 6,000 | ||
To record Received cash from a customer for a future financial planning workshop | |||
25-Oct | Office Supplies | $ 800 | |
Accounts Payable | $ 800 | ||
To record Purchased office supplies on credit from a supplier | |||
29-Oct | Accounts Payable | $ 800 | |
Cash | $ 800 | ||
To record Paid cash to the supplier for the office supplies purchased in transaction 9 |
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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