4-5B - Prob 45B 1 and 2 JOURNAL 1 Page Post Ref Date Debit...

This preview shows page 1 - 6 out of 20 pages.

Prob. 4–5B 1. and 2. JOURNAL Page 1 Date Post. Ref. Debit Credit 2016 Apr. 1 Cash 11 20,000 Accounts Receivable 12 14,700 Supplies 14 3,300 Office Equipment 18 12,000 Common Stock 31 50,000 1 Prepaid Rent 15 6,000 Cash 11 6,000 2 Prepaid Insurance 16 4,200 Cash 11 4,200 4 Cash 11 9,400 Unearned Fees 23 9,400 5 Office Equipment 18 8,000 Accounts Payable 21 8,000 6 Cash 11 11,700 Accounts Receivable 12 11,700 10 Miscellaneous Expense 59 350 Cash 11 350 12 Accounts Payable 21 6,400 Cash 11 6,400 12 Accounts Receivable 12 21,900 Fees Earned 41 21,900 14 Salary Expense 51 1,650 Cash 11 1,650
Image of page 1

Subscribe to view the full document.

Prob. 4–5B (Continued) JOURNAL Page 2 Date Post. Ref. Debit Credit 2016 Apr. 17 Cash 11 6,600 Fees Earned 41 6,600 18 Supplies 14 725 Cash 11 725 20 Accounts Receivable 12 16,800 Fees Earned 41 16,800 24 Cash 11 4,450 Fees Earned 41 4,450 26 Cash 11 26,500 Accounts Receivable 12 26,500 27 Salary Expense 51 1,650 Cash 11 1,650 29 Miscellaneous Expense 59 540 Cash 11 540 30 Miscellaneous Expense 59 760 Cash 11 760 30 Cash 11 5,160 Fees Earned 41 5,160 30 Accounts Receivable 12 2,590 Fees Earned 41 2,590 30 Dividends 33 18,000 Cash 11 18,000
Image of page 2
Prob. 4–5B (Continued) 2., 6., and 9. Account: Cash Account No. 11 Account: Accounts Receivable Account No. 12 Date Item Post. Ref. Debit Credit Balance Debit Credit 2016 Apr. 1 1 14,700 14,700 6 1 11,700 3,000 12 1 21,900 24,900 20 2 16,800 41,700 26 2 26,500 15,200 30 2 2,590 17,790 Account: Supplies Account No. 14 Date Item Post. Ref. Debit Credit Balance Debit Credit 2016 Apr. 1 1 3,300 3,300 18 2 725 4,025 30 Adjusting 3 2,800 1,225 Date Item Post. Ref. Debit Credit Balance Debit Credit 2016 Apr. 1 1 20,000 20,000 1 1 6,000 14,000 2 1 4,200 9,800 4 1 9,400 19,200 6 1 11,700 30,900 10 1 350 30,550 12 1 6,400 24,150 14 1 1,650 22,500 17 2 6,600 29,100 18 2 725 28,375 24 2 4,450 32,825 26 2 26,500 59,325 27 2 1,650 57,675 29 2 540 57,135 30 2 760 56,375 30 2 5,160 61,535 30 2 18,000 43,535
Image of page 3

Subscribe to view the full document.

Image of page 4
Prob. 4–5B (Continued) Account: Prepaid Rent Account No. 15 Account: Prepaid Insurance Account No. 16 Account: Office Equipment Account No. 18 Account: Accumulated Depreciation Account No. 19 Account: Accounts Payable Account No. 21 Account: Salaries Payable Account No. 22 Date Item Post. Ref. Debit Credit Balance Debit Credit Date Item Post. Ref. Debit Credit Balance Debit Credit 2016 Apr. 1 1 6,000 6,000 30 Adjusting 3 2,000 4,000 Date Item Post.
Image of page 5

Subscribe to view the full document.

Image of page 6

{[ snackBarMessage ]}

Get FREE access by uploading your study materials

Upload your study materials now and get free access to over 25 million documents.

Upload now for FREE access Or pay now for instant access
Christopher Reinemann
"Before using Course Hero my grade was at 78%. By the end of the semester my grade was at 90%. I could not have done it without all the class material I found."
— Christopher R., University of Rhode Island '15, Course Hero Intern

Ask a question for free

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