Jing Suen owns a service business that uses the previous accounts. Post the journal's special amount...
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Jing Suen owns a service business that uses the previous accounts. Post the journal's special amount column totals. (Hint: There should be a post. ref. for each column total in the journal.) ASSETS CHART OF ACCOUNTS General Ledger 110 Cash 120 Accounts Receivable-M. Kadam 130 Supplies 140 Prepaid Insurance LIABILITIES 210 Accounts Payable-Bayou Supply EQUITY 310 Jing Suen, Capital 320 Jing Suen, Drawing REVENUE 410 Sales EXPENSES 510 Advertising Expense 1 2 3 S 6 7 10 11 12 DATE ACCOUNT TITLE JuL1 Jing Suen, Capital 8 Prepaid Insurance 10 Supplies Accounts Payable-Bayou Supply 12 ✓ 15 Accounts Receivable-M. Kadam 19 Advertising Expense 20 Accounts Payable-Bayou Supply 27 Accounts Receivable-M. Kadam 31 Jing Suen, Drawing 31 Totals DOC. NO. POST. REF. R1 C1 M1 T12 20023 51 R2 JOURNAL C4 310 140 130 210 120 510 210 120 320 DEBIT GENERAL 600.00 180.00 150.00 225.00 120.00 CREDIT 4,000.00 180.00 100.00 800.00 2,075.00 4,280.00 SALES CREDIT 964.00 150.00 1,114.00 CASH DEBIT 4,000.00 964.00 100.00 5,064.00 PAGE 1 CREDIT 1 600.00 2 3 S 6 225.00 7 120.00 800.00 10 1,745.00 11 Jing Suen owns a service business that uses the previous accounts. Post the journal's special amount column totals. (Hint: There should be a post. ref. for each column total in the journal.) ASSETS CHART OF ACCOUNTS General Ledger 110 Cash 120 Accounts Receivable-M. Kadam 130 Supplies 140 Prepaid Insurance LIABILITIES 210 Accounts Payable-Bayou Supply EQUITY 310 Jing Suen, Capital 320 Jing Suen, Drawing REVENUE 410 Sales EXPENSES 510 Advertising Expense 1 2 3 S 6 7 10 11 12 DATE ACCOUNT TITLE JuL1 Jing Suen, Capital 8 Prepaid Insurance 10 Supplies Accounts Payable-Bayou Supply 12 ✓ 15 Accounts Receivable-M. Kadam 19 Advertising Expense 20 Accounts Payable-Bayou Supply 27 Accounts Receivable-M. Kadam 31 Jing Suen, Drawing 31 Totals DOC. NO. POST. REF. R1 C1 M1 T12 20023 51 R2 JOURNAL C4 310 140 130 210 120 510 210 120 320 DEBIT GENERAL 600.00 180.00 150.00 225.00 120.00 CREDIT 4,000.00 180.00 100.00 800.00 2,075.00 4,280.00 SALES CREDIT 964.00 150.00 1,114.00 CASH DEBIT 4,000.00 964.00 100.00 5,064.00 PAGE 1 CREDIT 1 600.00 2 3 S 6 225.00 7 120.00 800.00 10 1,745.00 11
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Related Book For
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
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