Accounting due Sunday Appendix C - a) General Journal Axia...

Accounting due Sunday Appendix C
Download Document
Showing pages : 1 of 6
This preview has blurred sections. Sign up to view the full version! View Full Document
Axia College Material Appendix C Journalizing, Posting, and Preparing a Trial Balance Journalizing the Transactions GENERAL JOURNAL J1 DATE ACCOUNT TITLE AND EXPLANATION REF. DEBIT CREDIT Cash 101 25,000 Common Stock 311 25,000 3-May Supplies 126 $2,500 Accounts Payable (for supplies "Read Supply Co.) 201 $2,500 7-May Rent Expenses 729 $900 Cash (May's rent) 101 $900 11-May Accounts Receivable 112 $2,100 Service Revenue (as billed to client for tax services) 400 $2,100 12-May Cash 101 $3,500 Unearned Revenue (management consulting advance 205 $3,500 17-May Cash 101 $1,200 Service Revenue (Cash for service to H.Arnold Co.) 400 $1,200 31-May Salary Expense 726 $2,000 Cash(Secretary-receptionist salary for May) 101 $2,000 31-May Accounts Payable (for supplies "Read Supply Co.) 201 $1,000 Cash (40% Payment to Read Supply Co.) 101 $1,000 Use this template to journalize the transactions for Jane Kent, Inc. The first two lines are completed for you. You might not require all the lines provided. May 1
Background image of page 1
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Create a FREE account now to get started. Log In

The email address you entered is not valid. The email address you provided is already in use.
Your username must be at least 5 characters. Your username must consist of only alphanumeric characters. Your username must contain at least one letter. Your username contains inappropriate language. Another user has already claimed this username.
Your password must be at least 6 characters in length.
{[ $select.selected.label ]} Please select a valid school.
By creating an account you agree to our Privacy Policy, Terms of Use, and Honor Code.
Create my FREE account Processing...
Sign Up with Facebook

We will never post anything without your permission.

Already on Course Hero? Log In