The chart of accounts for Outback Guide Service follows. Instructions 1. In your working papers, open an
Question:
The chart of accounts for Outback Guide Service follows.
Instructions
1. In your working papers, open an account in the general ledger for each account in the chart of accounts.
2. Record the following transactions on page 1 of the general journal.
3. Post each journal entry to the appropriate accounts in the ledger.
4. Prove the ledger by preparing a trial balance.
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General Ledger 101 Cash in Bank Debit 20000 Credit 5000 115 Accts RecPodaski Systems Inc Debit 0 Cre...View the full answer
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