HW Problem_3A-2 - Problem 3A-2 Name: WANCHING KAO Section:...

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Problem 3A-2 Name: WANCHING KAO Section: 10:30 Date: (A, B) BETTY'S ART STUDIO GENERAL JOURNAL Account Titles and Description PR Debit Credit June 1 Cash 111 12,000.00 Betty Rice,capital 311 12,000.00 Betty Rice invested in the art studio 1 Prepaid Rent 114 1,200.00 Cash 111 1,200.00 Paid three months' rent in advance 3 Equipemnt 131 600.00 Accounts Payable 211 600.00 Purchased equipment from Aston Co. on account 5 Cah 111 900.00 Art Fees Earned 411 900.00 Receive cash for art-training workshop for teachers 8 Art Supplies 121 400.00 Cash 111 400.00 Purchase art supplies for cash 9 Accounts Receivable 112 2,100.00 Art Fees Earned 411 2,100.00 Billed lester Co. for group art lesson for its employees 10 Salaries Expense 521 600.00 Cash 111 600.00 Paid salaries of assistants. 15 Betty Rice, withdrawals 312 200.00 Cash 111 200.00 Betty withdrew from the business for her personal use 28 Eletrical Expense 511 140.00 Cash 111 140.00 Paid electrical bill 29 Telephone Expense 531 210.00 Cash 111 210.00 Paid telephone bill for June Date 200X
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HW Problem_3A-2 - Problem 3A-2 Name: WANCHING KAO Section:...

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