John Smith - 8,000 8 Advertising Expense 800 Cash 800 13 Salaries Expense 2,400 Cash 2,400 18 Telephone Expense 65 Accounts Receivable 11,000

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JOURNAL ENTRY FORM Problem 9: John Smith Date: ACCOUNTS Debit Credit 1 Cash 90,000 John Smith, Capital 60,000 Andrew Wiles, Capital 30,000 1 Tools 10,000 Andrew Wiles, Capital 10,000 3 Miscellaneous Expense 240 Cash 240 5 Rent Expense 300 Cash 300 6 Vehicles 28,000 Cash 3,000 Notes Payable 25,000 7 Parts Inventory 8,000 Accounts Payable
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Unformatted text preview: 8,000 8 Advertising Expense 800 Cash 800 13 Salaries Expense 2,400 Cash 2,400 18 Telephone Expense 65 Cash 65 30 Accounts Receivable 11,000 Service Revenue 6,500 Parts Inventory 4,500 30 Cash 6,000 Accounts Receivable 6,000 JOURNAL ENTRY FORM...
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This note was uploaded on 07/10/2011 for the course BUSINESS 450 taught by Professor Bayer during the Spring '11 term at Limestone.

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John Smith - 8,000 8 Advertising Expense 800 Cash 800 13 Salaries Expense 2,400 Cash 2,400 18 Telephone Expense 65 Accounts Receivable 11,000

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