2007 Acc Project

2007 Acc Project - The High Tide Tavern Chart of Accounts...

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

View Full Document Right Arrow Icon
The High Tide Tavern Chart of Accounts Balance Sheet Account Numbers Assets Cash 111 Accounts Receivable 112 Food and Bev. Inventory 113 Office Supplies Inventory 114 Prepaid Insurance 115 Land 121 Building 122 Accum Depr Bldg 123 Furniture 124 Accum Depr Furniture 125 Equipment 126 Accum Depr Equip 127 Liabilities Accounts Payable 211 Utility Payable 212 Wages Payable 213 Interest Payable 214 Taxes Payable 215 Owners Equity Owners Capital 311 Owners Withdrawal 312 Revenue Room Revenue 411 Food and Bev. Revenue 412 Expenses Food and Beverage 511 Wages 512 Insurance 513 Utilities 514 Office 515 Interest 516 Depreciation 517 Income Taxes 518
Background image of page 1

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

View Full DocumentRight Arrow Icon
The High Tide Tavern BN 5000 General Journal Date Account titles and explanation PR Debit Credit 2-Feb Cash 111 $150,000 Capital 311 $150,000 2-Feb Land 121 $60,000 Cash 111 $60,000 2-Feb Building 122 $75,000 Cash 111 $75,000 2-Feb Furniture 124 $5,000 Equipment 126 $2,500 Accounts Payable 211 $7,500 2-Feb Office Supplies Inventory 114 $200 Cash 111 $200 2-Feb Food and Beverage Inventory 113 $500 Accounts Payable 211 $500 From Fresh-co 2-Feb Food and Beverage Inventory 133 $200 Accounts Payable 211 $200 From Minute Matron 2-Feb Pre-Paid Insurance 115 $2,400 Cash 111 $2,400 5-Feb Cash 111 $10,000 Room Revenue 411 $10,000 5-Feb Accounts Recievable 112 $2,000 Accounts Payable 211 $2,000 11-Feb Cash 111 $1,000 Food and Beverage Revenue 412 $1,000 14-Feb Cash 111 $500 Deposit 411 $500 15-Feb Wages 512 $1,600 Cash 111 $1,600 18-Feb Cash 111 $1,000 Accounts Recievable 112 $3,500 Room Revenue 411 $4,500 20-Feb Accounts Recievable 112 $2,000 Accounts Payable 211 $2,000 21-Feb Food and Beverage Inventory 113 $900 Accounts Payable 211 $900
Background image of page 2
The High Tide Tavern 23-Feb Accounts Payable 211 $600 Food and Beverage Inventory 113 $600 26-Feb Cash 111 $500 Accounts Recievable 112 $800 Food and Beverage Revenue 412 $1,300 2/31/1931 Withdraw 312 $600 Cash 111 $600 28-Feb Food and Beverage Inventory 113 $800 Food and Beverage 511 $800 28-Feb Utilities 514 $475 Utilities Payable 212 $475 28-Feb Office Supply Inventory 114 $50 Office Supplies 515 $50 28-Feb Wages 512 750 Wages Payable 213 750 28-Feb Building 122 625 Accumulated Depr Building
Background image of page 3

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

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 10

2007 Acc Project - The High Tide Tavern Chart of Accounts...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online