Copy of Project 1.xlsx4.29.15

Copy of Project 1.xlsx4.29.15 - Remember,,Debitsfirst,....

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
 Remember, Journal entries must be written in good form, Debits first, Credits second and indented.  Include the                                                          General Journal J. Long Post. Date June 2015 Ref.  Debit   Credit   2015  June 1 Cash J1             8,000  #       J. Long, Capital  #               8,000  3 Purchased Office Equipment with cash J2             2,000   Cash               2,000  4 Office Equipment J3             1,800  #       Investment by Owner                1,800  7  Office Supplies  J4                190     Cash                   190  9 Accounts Receivable J5             1,400  #       Bookkeeping Fees Earned  #               1,400  10  Wage Expense  J6             1,600    Cash               1,600  13 Accounts Payable J7                750    Cash                  750  14 Cash J8             2,200        Unearned Consulting Fees                2,200  15 Equipment J9             2,400    Cash                  400         Accounts Payable                2,000  16 Cash J10             1,650  #       Consulting Fees Earned  #               1,650 
Image of page 1

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

View Full Document Right Arrow Icon
17  Cash  J11             3,200  #       Accounts Receivable  #               3,200  18 Account Payables J12                260  Cash                  260  19 Accounts Receivable J13             4,600  # Consulting Fees Earned #               4,600  20 Cash J14                780  #       Bookkeeping Fees Earned  #                  780  23  Utility Expense  J15                340  Cash                  340  24  Wage Expense  J16             1,600   Cash                1,600  27 Prepaid Rent J17        2,000.00   Cash          2,000.00  28  Telephone Expense  J18           220.00  Accounts Payable             220.00  30 Paid Cash to J. Long Withdrawal J19        1,750.00   Cash           1,750.00       36,740.00         36,740.00  Adj  Wage Expense            480.00   Wage Payable              480.00  Adj  Accounts Receivables            380.00   Consulting Fee Earned              380.00  Adj  Unearned consulting Fees         1,460.00 
Image of page 2
 Consulting Fees Earned           1,460.00  Adj  Depreciation Exp Office Equip            320.00   Accum Dep office Equip              320.00  Adj  Depreciation Exp Office furniture            200.00   Depreication office furniture              200.00  Adj  Office supplies expense 500-200=300            300.00 
Image of page 3

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

View Full Document Right Arrow Icon
Image of page 4
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