appendix g - a) General Journal Axia College Material...

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Unformatted text preview: a) General Journal Axia College Material Appendix G Comprehensive Problem Journalize Transactions Use this template to journalize and post the July transactions for Julie's Maid Cleaning Service, Inc. GENERAL JOURNAL J1 DATE ACCOUNT TITLE AND EXPLANATION REF. DEBIT CREDIT July 1Cash 101 14,000 Common Stock 311 14,000 Common Stock issued for cash 1Equipment 157 10,000 Cash 101 3,000 Accounts Payable 201 7,000 Used truck purchased for cash and rest on credit 3Cleaning Supplies 128 800 Accounts Payable 201 800 purchased cleaning supplies on credit 5Prepaid Insurance 130 1,800 Cash 101 1,800 Paid cash for Insurance 12 Accounts Receivable 112 3,800 Service Revenue 400 3,800 Rendered cleaning services to customers 18 Accounts Payable 201 1,000 Cash 101 1,000 Paid back amount due on truck and cleaning supplies 20 Salaries Expense 726 1,600 Cash 101 1,600 Paid salaries to employees 21 Cash 101 1,400 Accounts Receivable 112 1,400 Customers paid in cash 25 Accounts Receivable 112 1,500 Service Revenue 400 1,500 Rendered cleaning services to customers 31 Gas & Oil Expense 633 400 Cash 101 400 Running Expense of the truck 31 Dividends 332 600 Cash 101 600 Paid Cash dividends a) e) & f) Posting to Accounts Axia College Material Appendix G Comprehensive Problem Post Accounts Post the July accounts for Julie's Maids Cleaning Service, Inc. You have 18 accounts altogether. GENERAL LEDGER Cash DATE EXPLANATION REF. DEBIT CREDIT 1-Jul-2008 Common Stock 311 14,000 1-Jul-2008 Equipment 157 3,000 5-Jul-08Prepaid Insurance 130 1,800 18-Jul-08 Accounts Payable 201 1,000 20-Jul-08 Salaries Expense...
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This note was uploaded on 09/09/2010 for the course ACCOUNTING 2345 taught by Professor Dr.ijueh during the Spring '10 term at twsu.edu.

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appendix g - a) General Journal Axia College Material...

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