The transactions that follow took place at the Desoto Recreation and Sports Arena during September 20X1....
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The transactions that follow took place at the Desoto Recreation and Sports Arena during September 20X1. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers tennis lessons. DATE TRANSACTIONS Sept. 1 Issued Check 1169 for $1,350 to pay the September rent. 5 Performed services for $3,050 in cash. 6 Performed services for $1,900 on credit. 10 Paid $590 for monthly telephone bill; issued Check 1170. 11 Paid for equipment repairs of $830 with Check 1171. 12 Received $3,150 on account from credit clients. 15 Issued Checks 1172-1177 for $4,150 for salaries. 18 Issued Check 1178 for $1,950 to purchase supplies. 19 Purchased new tennis rackets for $2,200 on credit from The Tennis Supply Shop; received Invoice 3108, payable in 30 days. 20 Issued Check 1179 for $2,750 to purchase new nets. (Equip.) 21 Received $940 on account from credit clients. 21 Returned a damaged net and received a cash refund of $440. 22 Performed services for $3,370 in cash. 23 Performed services for $4,960 on credit. 26 Issued Check 1180 for $570 to purchase supplies. 28 Paid the monthly electric bill of $2,360 with Check 1181. 30 Issued Checks 1182-1187 for $4,150 for salaries. 30 Issued Check 1188 for $4,150 cash to Ellis Carter for personal expenses. Required: Record each of the above transactions in the general journal. Analyze: If the company paid a bill for supplies on October 1, what check number would be included in the journal entry description? Complete this question by entering your answers in the tabs below. General Journal Record each of the above transactions in the general journal. View transaction list Analyze Journal entry worksheet 1 2 Date Sep 01, 20X1 3 4 5 6 7 Issued Check 1169 for $1,350 to pay the September rent. Note: Enter debits before credits. Record entry General Journal 8 Clear entry ***** Debit 18 Credit View general journal The transactions that follow took place at the Desoto Recreation and Sports Arena during September 20X1. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers tennis lessons. DATE TRANSACTIONS Sept. 1 Issued Check 1169 for $1,350 to pay the September rent. 5 Performed services for $3,050 in cash. 6 Performed services for $1,900 on credit. 10 Paid $590 for monthly telephone bill; issued Check 1170. 11 Paid for equipment repairs of $830 with Check 1171. 12 Received $3,150 on account from credit clients. 15 Issued Checks 1172-1177 for $4,150 for salaries. 18 Issued Check 1178 for $1,950 to purchase supplies. 19 Purchased new tennis rackets for $2,200 on credit from The Tennis Supply Shop; received Invoice 3108, payable in 30 days. 20 Issued Check 1179 for $2,750 to purchase new nets. (Equip.) 21 Received $940 on account from credit clients. 21 Returned a damaged net and received a cash refund of $440. 22 Performed services for $3,370 in cash. 23 Performed services for $4,960 on credit. 26 Issued Check 1180 for $570 to purchase supplies. 28 Paid the monthly electric bill of $2,360 with Check 1181. 30 Issued Checks 1182-1187 for $4,150 for salaries. 30 Issued Check 1188 for $4,150 cash to Ellis Carter for personal expenses. Required: Record each of the above transactions in the general journal. Analyze: If the company paid a bill for supplies on October 1, what check number would be included in the journal entry description? Complete this question by entering your answers in the tabs below. General Journal Record each of the above transactions in the general journal. View transaction list Analyze Journal entry worksheet 1 2 Date Sep 01, 20X1 3 4 5 6 7 Issued Check 1169 for $1,350 to pay the September rent. Note: Enter debits before credits. Record entry General Journal 8 Clear entry ***** Debit 18 Credit View general journal
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina
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