Owners capital owners investment of cash in business

Owner's
Capital
(Owner's
investment of
cash in
business)
No Entry-No
Transaction
Made
(Paid monthly
office rent)
Accounts
Payable
(Purchased
supplies on
account from
Dazzle Co.)

10
Accounts Receiv 112 5,100
400 5,100
11 Cash 101 1,000
209 1,000
20 Cash 101 2,100
400 2,100
30 726 2,800
Cash 101 2,800
(Paid monthly slary)
30 201 2,400
Cash 101 2,400
(Paid Dazzle Co. on account)
(b) Post to the ledger accounts
Cash
Date Explanation Ref. Debit
Apr. 1 J1 20,000
2 J1
11 J1 1,000
20 J1 2,100
30 J1
30 J1
Service
Revenue
(Billed clients
for services
performed)
Unearned
Service
Revenue
(Received cash
for future
service)
Service
Revenue
(Received cash
for services
performed)
Salaries &
Wages Expense
Accounts
Payable

Accounts Receivable
Date Explanation Ref. Debit
Apr. 10 J1 5,100
Supplies
Date Explanation Ref. Debit
Apr. 3 J1 4,000
Accounts Payable
Date Explanation Ref. Debit
Apr. 3 J1
30 J1 2,400
Unearned Service Revenue
Date Explanation Ref. Debit
Apr. 11 J1
Owner's Capital
Date Explanation Ref. Debit
Apr. 1 J1 20,000
Service Revenue
Date Explanation Ref. Debit
Apr. 10 J1
20 J1
Salaries & Wages Expense
Date Explanation Ref. Debit
Apr. 30 J1 2,800
Rent Expense
Date Explanation Ref. Debit
Apr. 2 J1 1,100
(C) Prepare a trial balance on April 30, 2017
Emily Valley , Dentis
Trial Balance
April 30, 2017

Cash… ............................................................................
Accounts Receiveable… .................................................
Supplies… .......................................................................
Accounts Payable… ........................................................
Unearned Service Revenue… .........................................
Owner's Capital… ...........................................................
Service Revenue… ..........................................................
Salaries & Wages Expense… ...........................................
Rent Expense… ...............................................................

ss are presented below.
(Omit explanations)
ce on account.
Debit Credit
10,000

12,000
3,000
700
Debit Credit. Balance
10,000 10,000
4,000 6,000
3,000 3,000
700 2,300
Debit Credit. Balance
12,000 12,000
Debit Credit. Balance
8,000 8,000
3,000 5,000
Debit Credit. Balance
10,000 10,000
Debit Credit. Balance
700 700
ceted events and transactions occurred during March.
No. 101
No. 157
No. 201
No. 301
No. 306

Credit. Balance
20,000
1,100 18,900
19,900
22,000
2,800 19,200
2,400 16,800
No. 101

Credit. Balance
5,100
Credit. Balance
4,000
Credit. Balance
4,000 4,000
1,600
Credit. Balance
1,000 1,000
Credit. Balance
20,000
Credit. Balance
5,100 5,100
2,100 2,100
Credit. Balance
2,800
Credit. Balance
1,100
st
No. 112
No. 126
No. 201
No. 209
No. 301
No. 400
No. 726
No. 400

Debit Credit
.......... $16,800
............. 5,100
.......... 4,000
........... $1,600
............ 1,000
........... 20,000
.......... 7,200
............ 2,800
........... 1,100
$29,800 $29,800