This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Beg. Balance -Income Tax Expense (E, SE) Beg. Balance -Interest Expense (E, SE) Beg. Balance -Supplies & Other Operating Expenses (E, SE) Beg. Balance -(e) 35 2. Journal Entries a) Cash (dr) 20 Notes Payable (cr) 20 b) Equipment (dr) 18 Cash (cr) 18 c) Cash (dr) 5 Contributed Capital (cr) 5 d) Cash (dr) 56 Accounts payable (cr) 9 Service Revenue (cr) 65 e) Cash (cr) 28 Accounts Payable (cr) 7 Supplies & Other Operating Expenses (cr) 35 f) Small Tools (dr) 3 Cash (cr) 3 g) Cash (dr) 8 Accounts Receivable (cr) 8 h) Accounts Payable (dr) 11 Cash (cr) 11 i) Supplies (dr) 10 Accounts Payable (cr) 10 j) Cash (dr) 3 Unearned Revenue (cr) 3 k) Dividends Declared (dr) 10 Dividends Payable (cr) 10 l) Dividends Payable (dr) 10 Cash (cr) 10...
View Full Document
This note was uploaded on 04/14/2008 for the course ACC 2361 taught by Professor Steverson during the Spring '08 term at Texas State.
- Spring '08