Chapter 2 B Problem Solutions

Chapter 2 B Problem Solutions - Prob. 23B 1. JOURNAL Pages...

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Unformatted text preview: Prob. 23B 1. JOURNAL Pages 1 and 2 Post. Date Description Ref. Debit Credit 2010 Apr. 1 Cash.......................................................... 11 15,000 Jose Guadalupe, Capital.................... 31 15,000 2 Rent Expense........................................... 53 2,350 Cash..................................................... 11 2,350 6 Equipment................................................ 16 10,000 Accounts Payable............................... 22 10,000 8 Truck......................................................... 18 21,000 Cash..................................................... 11 2,000 Notes Payable..................................... 21 19,000 10 Supplies................................................... 13 1,200 Cash..................................................... 11 1,200 12 Cash.......................................................... 11 8,500 Fees Earned......................................... 41 8,500 15 Prepaid Insurance................................... 14 1,800 Cash..................................................... 11 1,800 23 Accounts Receivable.............................. 12 6,000 Fees Earned......................................... 41 6,000 24 Truck Expense......................................... 55 1,000 Accounts Payable............................... 22 1,000 29 Utilities Expense..................................... 54 1,100 Cash..................................................... 11 1,100 29 Miscellaneous Expense.......................... 59 500 Cash..................................................... 11 500 30 Cash.......................................................... 11 3,500 Accounts Receivable.......................... 12 3,500 Prob. 23B Continued JOURNAL Pages 1 and 2 Post. Date Description Ref. Debit Credit 2010 Apr. 30 Wages Expense....................................... 51 3,000 Cash..................................................... 11 3,000 30 Accounts Payable................................... 22 2,500 Cash..................................................... 11 2,500 30 Jose Guadalupe, Drawing...................... 32...
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Chapter 2 B Problem Solutions - Prob. 23B 1. JOURNAL Pages...

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