I-02.01 Worksheet

I-02.01 Worksheet - Name: I-02.01 (a) Date: Section:...

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

View Full Document Right Arrow Icon
Name: Date: Section: I-02.01 (a) GENERAL JOURNAL Page 1 Date Accounts Debit Credit June 2 Cash Capital Stock Tom Pryor invested $25,000 cash in the capital stock of the newly formed corporation. Purchased (and immediately used) office supplies on account for $750. Received $2,500 from Pomero for work performed to date. Paid $1,200 for travel costs associated with consultation work. Provided services on account to Arpy for $3,000. Paid $1,500 to administrative assistant for salary. 1 of 3
Background image of page 1

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

View Full DocumentRight Arrow Icon
Date: Section: I-02.01 (a) GENERAL JOURNAL Page 2 Date Accounts Debit Credit Billed Farris for $4,000 consulting engagement performed. The company paid Tom Pryor a $1,000 dividend. Collected 50% of the amount due for the billing on June 23. Purchased computer furniture for $4,000, paying $1,000 down. Paid $750 on the open account relating to the June 8 purchase. Completed the Pomero job and billed the remaining amount. 2
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 7

I-02.01 Worksheet - Name: I-02.01 (a) Date: Section:...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online