Matthew_McCoy_Problem 2-2A

Matthew_McCoy_Problem 2-2A - MatthewMcCoy Problem22A Date...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Matthew McCoy Problem 2-2A. General Journal Date Account Titles and Explanation PR Debit Credit 2009 Mar. 1 Cash 101 180,000 Office equipment 163 30,000              D. Brooks, Capital 301 210,000       Owner's investment. Mar. 2 Prepaid rent 131 8,000               Cash 101 8,000       Prepaid rent for 6 months. Mar. 3 Office equipment 163 3,300 Office supplies 124 1,400               Accounts payable 201 4,700       Purchased equipment & supplies on credit. Mar. 6 Cash 101 6,000                Services revenue 403 6,000       For completed services Mar. 9 Accounts receivable 106 9,200                Services revenue 403 9,200       To record revenue for services provided on account. Mar. 12 Accounts payable 201 4,700                Cash 101 4,700       Payment on accounts payable from Mar. 3 Mar. 19 Prepaid insurance 128 7,500                Cash 101 7,500       Premium payment for a 12-month insurance policy. Mar. 22 Cash 101 4,300                Accounts receivable 106 4,300       To record cash received as payment on account. Mar. 25 Accounts receivable 106 3,590                Services revenue 403 3,590       To record revenue for services provided on account. Mar. 29 D. Brooks, Withdrawals 302 4,900                 Cash 101 4,900       Cash withdrawal by owner. Mar. 30 Office supplies 124 1,700                 Accounts payable 201 1,700       Purchased additional office supplies on credit. Mar. 31 Utilities expense 690 500                  Cash 101 500        Paid utility bill for March.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
General Ledger Cash                            Account No. 101 Date             PR Debit          Credit          Balance Mar. 1         Gl
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern