Pizza Delivery Worksheet

This is a simple journal entry project. I want to make sure that you understand the basics of journal entries. Look at the calendar and make a journal entry for each transaction. At the bottom of the calendar page I listed the accounts that you will use. Use only these to complete the journal page. This is basic chapter 2 debits and credits journal entries. Let's look at the first entry. You open your business with $500. What did the business gain? $500 cash. That is your debit entry. What what is the credit entry to make the equation balance? Capital, so credit Capital for $500.

Cash 500

Capital 500

September 2017

Friday 11 - Opened business bank account with personal cash, $500

Sunday 13 - Borrowed $1,000 cash from parents and sign a Note Payable

Monday 14 - Purchased equipment with cash costing $440 to keep pizza warm during delivery

Thursday 17 - Purchased gasoline, $60 cash

Friday 18 - Delivered pizzas receiving $60 from Pizza Aroma plus tips of $15

Saturday 19 - Delivered pizzas receiving $60 from Pizza Aroma plus tips of $20

Tuesday 22 - Delivered pizzas to an office party. Will receive $40 on the first of next month

Friday 25 - Delivered pizzas receiving $100 cash and $25 in tips

Saturday 26 - Delivered pizzas receiving $90 cash and $20in tips

Monday 28 - Received $50 now to deliver pizzas on Oct. 2

Tuesday 29 - Repaid parents $250 for the note.

Wednesday 30 - Withdrew $150 cash for personal expenses

Chart of Accounts

Cash, Equipment, Accounts Receivable, Notes Payable, Unearned Revenue, Capital, Gas Expense

Delivery Revenue, Tip Revenue, Owner Withdrawal

Date	Account Titles and Explanation	P.R.	Debit	Credit