Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$815$

Helen Kennedy invested $$70,000$ cash in the business.

Note: Enter debits before credits.

Complete this question by entering your answers in the tabs below.

General

Ledger

Journal

Acctunts

Analyze

Post the above transactiver Accounts co toricledger accounts.

$2$ of $3$On October $1,20$X$1,$ Helen Kennedy opened an advertising agency.

DATE TRANSACTIONS

$0$ct$.1$ Helen Kennedy invested $$70,000$ cash in the business.

$2$ Paid October office rent of $$4,000$; issued Check $1001.$ The company used the Prepaid Rent account.

$5$ Purchased desks and other office furniture for $$18,000$ from Office Furniture Mart, Inc.; received Invoice $6704$ payable in $60$ days.

$6$ Issued Check $1002$ for $$4,100$ to purchase art equipment.

$7$ Purchased supplies for $$1,670$; paid with Check $1003.$

$10$ Issued Check $1004$ for $$800$ for office cleaning service.

$12$ Performed services for $$4,200$ in cash and $$1,800$ on credit. $($Use a compound entry.$)$

$15$ Returned damaged supplies for a cash refund of $$300.$

$18$ Purchased a computer for $$3,000$ from Office Furniture Mart, Inc., Invoice $7108$; issued Check $1005$ for a $$1,750$ down payment, with the balance payable in $30$ days. $($Use one compound entry.$)$

$20$ Issued Check $1006$ for $$9,500$ to Office Furniture Mart, Inc., as payment on account for Invoice $6704.$

$26$ Performed services for $$4,800$ on credit.

$27$ Paid $$375$ for monthly telephone bill; issued Check $1007.$

$30$ Received $$4,200$ in cash from credit customers.

$30$ Issued Check $1008$ to pay the monthly utility bill of $$1,080.$

$30$ Issued Checks $1009-1011$ for $$9,000$ for salaries.

Required:

Journalize the above transactions.

Post the above transactions to the ledger accounts.

Analyze:

What is the balance of account $202$ in the general ledger?

Complete this question by entering your answers in the tabs below.