accounting project

accounting project - 2 Cash 800 Services Revenue 800 3...

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Transaction Description DR CR A Cash 4800 Services Revenue 4800 B Advertising Expense 1000 Cash 1000 C Accounts Payable 800 Cash 800 D Supplies 440 Accounts Payable 440 Gen Ledger Accts A/N 1000 Cash DR CR Bal Transaction 2100 A 4800 6900 B 1000 5900 C 800 5100 1100 Supplies DR CR Bal 1300 D 440 1740 2000 Accounts Payable DR CR Bal -800 C 800 0 D 440 -440 5000 Advertising Expense DR CR Bal Balance (From Trial Balance) 0 B 1000 1000 Trial Balance DR CR Cash 5100 Accounts Receivable 1400 Supplies 1740 Advertising Expense 1000 Services Revenue 4800 Unearned Revenue 250 Balance (from Trial Bal) Balance (from Trial Balance) Balance (from Trail Balance)
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Accounts Payable 440 Common Stock 1800 Retained Earnings 1950 9240 9240 These Balances come from the current general ledger balance for the individual accounts. Adjusting Entries to Gen Journal Transaction Description DR CR 1 Accrued Payroll 3000 Wages Payable 3000 to record wages for next month
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Unformatted text preview: 2 Cash 800 Services Revenue 800 3 Supplies Expense 1340 Supplies 1340 4 Unearned Revenue 250 Services Revenue 250 General Ledger Postings A/N Account DR CR Bal 1000 Cash Balance (from Trial Balance) 5100 2 800 5900 Supplies Balance 1740 3 1340 400 Wages Payable Balance 1 3000-3000 Accrued Payroll Balance 1 3000 3000 Supplies Expense Balance 3 1340 1340 Services Revenue Balance-4800 2 800-5600 4 250-5850 4 Unearned Revenue Balance-250 4 250 Adjusted Trial Balance DR CR Cash 5900 A/R 1400 Supplies 400 Supplies Expense 1340 Advertising Expense 1000 Accrued Payroll 3000 Services Revenue 5850 Unearned Revenue Accounts Payable 440 Wages Payable 3000 Common Stcok 1800 Retained Earnings 1950 13040 13040...
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This note was uploaded on 04/21/2008 for the course ACCT 2110 taught by Professor Brandon during the Spring '08 term at Auburn University.

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accounting project - 2 Cash 800 Services Revenue 800 3...

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