Part $2$ The Posting Process

Graphic Equipment

Cash Ref Description Debit Credit Balance

Ref Description Debit Credit Balance Beginning balance $23,000$

Beginning balance $9,80023,000$ Trial Balance Debits Credits

$9,80023,000$ Cash

$9,80023,000$ Petty Cash

$9,800$ Accounts Receivable

$9,800$ Office Equipment Supplies

$9,800$ Ref Description Debit Credit Balance Graphic Equipment

$9,800$ Beginning balance $5,700$ Office Equipment

$9,8005,700$ Delivery Van

$9,8005,700$ Prepaid Services

$9,8005,700$ Prepaid Insurance

$9,800$ Accounts Payable

$9,800$ Prepaid Insurance Notes Payable

$9,800$ Ref Description Debit Credit Balance Taxes Payable

$9,800$ Beginning balance $575$ Interest Payable

$9,800575$ Unearned income

$9,800575$ Capital

$9,800575$ Draw

$9,800$ Service revenue$/$Sales

$9,800$ Rent Expense

$9,800$ Utility Expense

$9,800$ Wages and Salary Expense

$9,800$ Employee Expense

$9,800$ Marketing Expense

$9,800$ Supply Expense

income tax expense

Accounts Receivable Accounts Receivable Sub Ledger $3/1$ oil and gas expense

Ref Debit Credit Balance Days past due Training Expense

Beginning Balance $8,440$ Circus Flora $23500$ Insurance Expense

$8,440$ Happy Hippos $524030$ Over and Short

$8,440$ Giggles in Gear $295045$ Interest Expense

$8,44010540$ Repair and Maintenance

Supplies Delivery Van

Ref Debit Credit Balance Ref Description Debit Credit Balance

Beginning balance $2,150$ Beginning balance $5,500$

$2,1505,500$

$2,1505,500$ Totals $---$

$2,1505,500$

check figure $78891$

Petty Cash Prepaid Services before trans $910$ and $17$

Ref Debit Credit Balance Ref Debit Credit Balance

Beginning balance $100$ Beginning balance $-$

$-$

$-$

$-$

Accounts Payable Accounts Payable Sub ledger $3/1$

Ref Debit Credit Balance Due

Beginning balance $5,250$ Acme Ink $230030-$Nov

$5,250$ Blicks $97530-$Mar

$5,250$ Shafer $197515-$Feb

$5,2505250$

Taxes Payable Notes Payable

Ref Debit Credit Balance Ref Debit Credit Balance

Beginning balance $4,000$ Beginning balance $15,000$

$4,00015,000$

$4,00015,000$

$4,00015,000$

Unearned income Interest Payable

Ref Debit Credit Balance Ref Debit Credit Balance

Beginning balance $-$ Beginning balance $1,125$

$---1,125$

$-1,125$

$-1,125$

Draw Capital

Ref Debit Credit Balance Ref Debit Credit Balance

$-$ Beginning balance $29,890$

$-29,890$

$-29,890$

$-29,890$

Service revenue$/$Sales

Ref Debit Credit Balance Ref Debit Credit Balance

$--$

$--$

$--$

$--$

Rent Expense Utility Expense

Ref Debit Credit Balance Ref Debit Credit Balance

$--$

$--$

$--$

$--$

Wages and Salary Expense Employee Expense

Ref Debit Credit Balance Ref Debit Credit Balance

$-$

$--$

$--$

$--$

Marketing Expense Supply Expense

Ref Debi