Week 2 Assignment- Exercises 2-4 2-5 and Problem 2-2A

Week 2 Assignment- Exercises 2-4 2-5 and Problem 2-2A -...

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Exercise 2-4 General Journal Pose for Pics Date Description Post Ref. Debit 2010 1 Aug. 1 Cash 7,500 2 Photography Equipment 32,500 3 H. Paris, Capital 4 Investment by owner 5 6 Aug. 1 Prepaid Insurance 3,000 7 Cash 8 covers next 24 months 9 10 Aug. 5 Office Supplies 1,400 11 Cash 12 13 Aug. 20 Cash 2,650 14 Photography Fees Earned 16 17 Aug. 31 Utilities expense 875 18 Cash 19 Exercise 2-5 Cash Office Supplies Photography Equipment 7,500.00 3,000.00 1,400.00 32,500.00
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2,650.00 1,400.00 875.00 $4,875.00 $1,400.00 $32,500.00 Prepaid Insurance H. Paris, Capital Photography Fees Earned 3,000.00 40,000.00 2,650.00 $3,000.00 $40,000.00 $2,650.00 Utilities Expense 875.00 $875.00 Pose for Pics Trial Balance August 31, 2010 Debit Credit Cash $4,875.00 Office Supplies 1,400.00 Photography Equipment 32,500.00 Prepaid Insurance 3,000.00
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H. Paris, Capital $40,000.00 Photography Fees Earned 2,650.00 Utilities Expense 875.00 Totals $42,650.00 $42,650.00 Problem 2-2A General Journal Shelton Engineering Date Description Post Ref. Debit 2010 1 Jun. 1 Cash 101 105,000 2 Office Equipment 163 6,000 3 Drafting Equipment 164 45,000 4 S. Shelton, Capital 301 5 Initial investment by owner 6 7 Jun. 2 Land 172 54,000 8 Cash 101 9 Notes Payable 250 10 11 Jun. 2 Building 170 75,000 12 Cash 101 13 14 Jun. 3 Prepaid Insurance 108 6,000 16 Cash 101 17 18 months 18 19 Jun. 7 Cash 101 5,700 20 Engineering Fees Earned 402 21
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Week 2 Assignment- Exercises 2-4 2-5 and Problem 2-2A -...

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