Appendix C - a General Journal Axia College Material Appendix C Journalizing Posting and Preparing a Trial Balance Journalizing the Transactions

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Unformatted text preview: a) General Journal Axia College Material Appendix C Journalizing, Posting, and Preparing a Trial Balance Journalizing the Transactions GENERAL JOURNAL J1 DATE ACCOUNT TITLE AND EXPLANATION REF. DEBIT CREDIT 2008 Cash 101 25,000 1-May Common Stock (Issued shares of stock for cash) 311 25,000 3Read Supply Company 126 2,500 accounts payable 201 2,500 7Rent Expense 729 900 Cash 101 900 11 Accounts Receivables 112 2,100 Service revenue 400 2,100 12 Cash 101 3,500 unearned revenue 205 3,500 17cash 101 1,200 Service revenue 400 1,200 31 Salaries expense 726 2,000 cash 101 2,000 31 accounts payable (2500.00x40%) 201 1,000 cash 101 1,000 Use this template to journalize the transactions for Jane Kent, Inc. The first two lines are completed for you. You might not require all the lines provided. b) Ledger Accounts Axia College Material Appendix C Journalizing, Posting, and Preparing a Trial Balance Posting the Accounts GENERAL LEDGER Cash No. 101 DATE EXPLANATION REF. DEBIT CREDIT BALANCE 1-May-2008 Stockholder invested...
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This note was uploaded on 11/13/2011 for the course XACC 280 taught by Professor Haskell during the Spring '11 term at University of Phoenix.

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Appendix C - a General Journal Axia College Material Appendix C Journalizing Posting and Preparing a Trial Balance Journalizing the Transactions

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