Ledger - LEDGER DATE Acct 1 11 ACCOUNT Cash 31 Capital Stock 2 12 Accounts Receivable 31 Capital Stock 3 14 Supplies 31 Capital Stock 4 18 Office

Ledger - LEDGER DATE Acct 1 11 ACCOUNT Cash 31 Capital...

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Page 1 of 2 LEDGER DATE Acct # ACCOUNT DEBIT ( + CREDIT ( - ) 1 4/1/2016 11 Cash $ 13,100.0 31 Capital Stock $ 13,100.0 ### 2 4/1/2016 12 Accounts Receivable $ 3,000.0 31 Capital Stock $ 3,000.0 ### 3 4/1/2016 14 Supplies $ 1,400.0 31 Capital Stock $ 1,400.0 ### 4 4/1/2016 18 Office Equipment $ 12,500.0 31 Capital Stock $ 12,500.0 ### 5 4/1/2016 15 Prepaid Rent $ 4,800.0 11 Cash $ 4,800.0 ### 6 4/2/2016 16 Prepaid Insurance $ 1,800.0 11 Cash $ 1,800.0 ### 7 4/4/2016 11 Cash $ 5,000.0 23 Unearned Fees $ 5,000.0 ### 8 4/5/2016 18 Office Equipment $ 2,000.0 21 Accounts Payable $ 2,000.0 ### 9 4/6/2016 11 Cash $ 1,800.0 23 Unearned Fees $ 1,800.0 ### 10 4/10/2016 59 Miscellaneous Expense $ 120.0 11 Cash $ 120.0 ### 11 4/12/2016 21 Accounts Payable $ 1,200.0 11 Cash $ 1,200.0 ### 12 4/20/2016 23 Unearned Fees $ 4,200.0 14 Fees Earned $ 4,200.0 13 4/14/2016 51 Salary Expense $ 750.0 11 Cash $ 750.0 ### 14 4/17/2016 11 Cash $ 6,250.0 41 Fees Earned $ 6,250.0 ### 15 4/18/2016 14 Supplies $ 800.0 11 Cash $ 800.0 ### 16 4/20/2016 23 Unearned Fees $ 2,100.0 14 Fees Earned $ 2,100.0 ### 17 4/24/2016 11 Cash $ 3,850.0 14 Fees Earned $ 3,850.0 ### 18 4/26/2016 11 Cash $ 5,600.0 23 Unearned Fees $ 5,600.0 ### 19 4/27/2016 51 Salary Expense $ 750.0 11 Cash $ 750.0 ### 20 4/29/2016 59 Miscellaneous Expense $ 130.0 11 Cash $ 130.0 ### 21 4/29/2016 59 Miscellaneous Expense $ 200.0 11 Cash $ 200.0 ### 22 4/30/2016 11 Cash $ 3,050.0 41 Fees Earned $ 3,050.0 ### 23 4/30/2016 23 Unearned Fees $ 1,500.0 14 Fees Earned
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Unformatted text preview: $ 1,500.0 ### 24 4/30/2016 33 Dividend $ 6,000.0 11 Cash $ 6,000.0 ### 25 ### A 4/30/2016 55 Insurance Expense $ 300.0 16 Prepaid Insurance $ 300.0 ### used $300 of $1800 which was prepaid. Need to reduce your prepaid B 4/30/2016 53 Supplies Expense $ 850.0 14 Supplies $ 850.0 ### Used $2200 - $1350 (ending Balance). Thus used $850 for period and need to reduce C 4/30/2016 54 Depreciation Expense $ 330.0 Page 2 of 2 DATE Acct # ACCOUNT DEBIT ( + CREDIT ( - ) 19 Accumulated Depreciation $ 330.0 ### reduce asset by $ 300 for the period D 4/30/2016 22 Salaries Payable $ 120.0 51 Salary Expense $ 120.0 ### Owe Receptionist E 4/30/2016 52 Rent Expense $ 1,600.0 15 Prepaid Rent $ 1,600.0 ### used I months of prepaid rent F 4/30/2016 23 Unearned Fees $ 2,100.0 $ - 14 Fees Earned $ - $ 2,100.0 ### Adjust unearned Fees to Fees Earned 31 ### Unearned Fees 32 debit credit ### $ - $ 5,000 33 $ - $ 1,800 ### $ 4,200 $ - 34 $ 2,100 $ - ### $ - $ 5,600 35 $ 1,500 $ - ### $ 7,800 $ 12,400 36 ### $ 4,600 difference 37 ### $ 2,500 4/30 Balance 38 ### $2,100.0 Adjustment to Fees Earned to get to $2500 39 ### 40 ### 41 ### 42 ### 43 ### 44 ### 45 ### 46 ### 47 ### 48 ### 49 ### 50 ###...
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