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Unformatted text preview: Oct. 12 Paid utility bill for October, $154. Oct. 16 Cash bicycle repair revenue for the first half of October, $1,362. Oct. 19 Made payment to McKenna Company, $200. Oct. 31 Cash bicycle repair revenue for the last half of October, $1,310. Oct. 31 Declared and paid cash dividend of $800. Prepare journal entries to record the October transactions in the General Journal below. General Journal Date Description(Account Name) Debit Credit 1-Oct Cash 12,000 Common Stock 12,000 1-Oct Prepaid Insurance 1,200 Cash 1,200 1-Oct Store Rent Expense 1,040 Cash 1,040 3-Oct Repair Equipment 4,400 Cash 600 Accounts Payable 3,800 8-Oct Repair Supplies 390 Accounts Payable 390...
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This note was uploaded on 05/23/2010 for the course ACCT ACCT212 taught by Professor Errico during the Spring '10 term at DeVry Chicago O'Hare.
- Spring '10