HW4 - General Journal J2 Date Account Titles and...

Info icon This preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
General Journal J2 Date Account Titles and Explanation Ref. Debit Credit 2008 Adjusting Entries Dec. 31 Interest Expense 111 500 Interest Payable 222 500 (to record notes payable) 31 Accounts Receivable 333 2,520 Service Revenue 444 2,520 (to record renue for service provided) 31 Salaries Expense 555 1,800 Salaries Payable 666 1,800 (to record salaries accrued)
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
General Journal J2 Date Account Titles and Explanation Ref. Debit Credit 2008 Adjusting Entries Aug. 31 Insurance Expense 722 1,200 Prepaid Insurance 130 1,200 31 Supplies Expense 631 900 Supplies 126 2,400 (to record supplies used) 31 Depreciation Expense- Cottages 620 900 Accumulated Depreciation- Cottages 144 900 31 Depreciation Expense- Furniture 621 600 Accumulated Depreciation- Furniture 150 600 (to record depreciation of furniture) 31 Unearned Rent 208 4,100 Rent Revenue 429 4,100 (unearned rent was earned) 31 Salaries Expense 726 400 Salaries Payable 212 400 (salaries were unpaid) 31 Accounts Receivable 112 800 Rent Revenue 429 800 (to record revenue for rent) (insurance expires at the rate of $400 a month) (to record depreciation of cottages)
Image of page 2
accounts receivable 112 d
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
General journal J2 Date Account Titles and Explanation Ref. Debit Credit 2008 Adjusting Entries Jan. 31 Accounts Receivable 111 2,300 Service Revenue 222 2,300 31 Utilities Expense 333 650 Utilities Payable 444 650 (to record accrued utilities) 31 Supplies Expense 555 50,000 Supplies 666 50,000 (to record supplies purchased) 31 Insurance Expense 777 6,000 Prepaid Insurance 888 6,000 (to record insurace) 31 Depreciation Expense 999 200 Accumulated Depreciaiton- Furniture 369 200 (to record revenue for service provided)
Image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern