Copy_of_Problem_3-2 - General Journal Date April 1 Account...

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General Journal Page __ Date Account Title Post Ref Debit Credit April 1 Cash 10,000 Philip Seder capital 10,000 Invested cash in the business April 1 Supplies 1,450 Accounts Payable 1,450 Purchased supplies on credit April 2 Equipment 4,800 Accounts Payable 4,800 Purchased equipment on credit April 2 Rent 700 Cash 700 Paid rent for the month with cash April 3 Revenue 425 Accounts receivable 425 Received cash for services performed April 3 Cash 650 Accounts receivable 650 Received credit for service performed April 4 Accounts payable 725 Cash 725 Paid half of liability for supplies April 5 Accounts payable 1,500 cash 1,500 Paid part of liability for equipment April 6 revenue 390 Accounts receivable 390 Business Ed With Denise Leigh © 2020
Received cash for services performed April 7 Cash 500 Drawing 500 Withdrew cash for personal use April 7 Utilities expense 350 cash 350 Paid cash for utilities expense April 8 Cash 200 Accounts receivable 200 Collected revenue earned on 4/3 Business Ed With Denise Leigh © 2020

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