GENERAL JOURNAL Date Account Titles and Explanation Ref Debit Credit De 1 Cash

General journal date account titles and explanation

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Prepare general journal entries based from the transaction above! GENERAL JOURNAL Date Account Titles and Explanation Ref Debit Credit De 1. Cash 10 1 75,000,000 Goudi Hadid Capital 30 1 75,000,000 2. Rent Expense 72 1 24,000,000 Cash 10 1 24,000,000 5. Cash 10 7 25,000,000 Long Term Debt 20 4 25,000,000 7. Telecomunication Expense 71 2 200,000 Cash 10 1 200,000 9. Office Equipment 14 1 12,500,000 Cash 10 7 12,500,000 10. Office Supplies 12 1 7,650,000 Account Payable 20 1 7,650,000 14. Prepaid Insurance 13 2 1,200,000 Cash 10 1 1,200,000 15. Cash 10 1 10,000,000 Service Revenue 40 1 10,000,000 16. Account Receivable 11 1 15,000,000 Service Revenue 40 1 15,000,000 17. Cash 10 1 15,000,000 Account Receivable 40 1 15,000,000
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19. Cash 10 1 17,000,000 Unearned Revenue 20 2 17,000,000 21. Account Receivable 11 1 20,500,000 Service Revenue 40 1 20,500,000 23. Electricity Expense 71 1 670,750 Cash 10 1 670,750 30. Salary Expense 70 1 2,000,000 Cash 10 1 2,000,000 31. Goudi Hadid’s Drawing 30 2 5,000,000 Cash 10 1 5,000,000 B. General Ledger & Trial Balance Fiskaline Tax Consulting uses the following chart of account: No. Prepare general ledger & trial balance based on problem statement and journal entries above! Chart of Account Account Name 101 Cash, 111 Account Receivable, 121 Office Supplies, 131 Prepaid Rent, 132 Prepaid Insurance, 141 Office equipment, 142 Accumulate Deppreciation, 201 Account Payable, 202 Unearned Revenue,
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203 Salary Payable, 204 Long Term Debt, 301 Goudi Hadid’s Capital, 302 Goudi Hadid’s Drawing, 401 Service Revenue, 701 Salary Expense, 711 Electricity Expense, 712 Telecommunication Expense, 721 Rent Expense 731 Insurance Expense 741 Interest Expense 751 Supplies Expense 761 Depreciation Expense a. General Ledgers Account Cash Account No.
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  • Fall '19
  • Anastasya

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