Pos teac hentry totheappropriateledgerac c ounts

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Unformatted text preview: s . (Om it the "$" sign in your response.) Date General J ournal Sep. 2 Cash Capital stock 4 Land Building Cash Debit 900,000 50,000 300,000 Notes payable 12 Office supplies Accounts payable 19 Accounts receivable Client revenue 29 Salary expense Cash 30 Cash Accounts receivable Credit 600 75,000 24,000 30,000 900,000 200,000 150,000 600 75,000 24,000 30,000 b. Pos t eac h entry to the appropriate ledger ac c ounts . (Record the transactions in the given order. Om it the "$" sign in your response.) e z to.mhe c loud.mc gr a w- hill.c om/hm_a c c ounting.tpx? todo= pr intvie w 8/14 11/18/13 Assignme nt Pr int Vie w Cas h Sep. 2 Sep. 30 Sep. 30 900,000 30,000 bal. Sep. 4 Sep. 29 706,000 200,000 24,000 Ac c ounts Rec eiv able Sep. 19 Sep. 30 75,000 bal. 45,000 Sep. 30 30,000 Offic e Supplies Sep. 12 Sep. 30 600 bal. 600 Land Sep. 4 Sep. 30 50,000 bal. 50,000 Building Sep. 4 Sep. 30 300,000 bal. 300,000 Notes Pay able Sep. 4 Sep. 30 150,000 150,000 600 600 900,000 900,000 75,000 bal. 75,000 Ac c ounts Pay able Sep. 12 Sep. 30 bal. Capital Stoc k Sep. 2 Sep. 30 bal. Client Rev enue Sep. 19 Sep. 30 bal. Salary Ex pens e Sep. 29 e z to.mhe c loud.mc gr a w- hill.c om/hm_a c c ounting.tpx? todo= pr intvie w 24,000 9/14 11/18/13 Assignme nt Pr int Vie w Sep. 30 bal. 24,000 c. Prepare a trial balanc e dated September 30, 2011. As s ume ac c ounts with z ero balanc es are not inc luded in the trial balanc e. (List the accounts in the order given in the partial chart of accounts above. Om it the "$" sign in your response.) Mc Millan Corporation Trial Balanc e September 30, 2011 Debit $ 706,000 45,000 600 50,000 300,000 Cash Accounts receivable Office supplies Land Building Notes payable Accounts payable Capital stock Client revenue Salary expense Total 24,000 $ 1,125,600 Credit $ 150,000 600 900,000 75,000 $ 1,125,600 Worksheet Learning Objective: 03­05 Explain the purpose of a journal and its relationship to the ledger. Learning Objective: 03­09 Prepare a trial balance and explain its uses and limitati...
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