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1 Lia Berge begins business as a real estate agent with a cash investment of $25,200. Accounts Payable Accounts Receivable Cash Equipment L. Berge, Capital

1 Lia Berge begins business as a real estate agent with a cash investment of $25,200.

Accounts Payable

Accounts Receivable

Cash

Equipment

L. Berge, Capital

L. Berge, Drawings

No Entry

Prepaid Rent

Rent Expense

Salaries Expense

Service Revenue

Supplies

Unearned Revenue

Utilities Expense

2 Paid rent, $590, on office space.

Accounts Payable

Accounts Receivable

Cash

Equipment

L. Berge, Capital

L. Berge, Drawings

No Entry

Prepaid Rent

Rent Expense

Salaries Expense

Service Revenue

Supplies

Unearned Revenue

Utilities Expense

3 Purchases office equipment for $2,350, on account.

Accounts Payable

Accounts Receivable

Cash

Equipment

L. Berge, Capital

L. Berge, Drawings

No Entry

Prepaid Rent

Rent Expense

Salaries Expense

Service Revenue

Supplies

Unearned Revenue

Utilities Expense

6 Sells a house and lot for Hal Smith; bills Hal Smith $3,700 for realty services performed.

Accounts Payable

Accounts Receivable

Cash

Equipment

L. Berge, Capital

L. Berge, Drawings

No Entry

Prepaid Rent

Rent Expense

Salaries Expense

Service Revenue

Supplies

Unearned Revenue

Utilities Expense

27 Pays $920 on the balance related to the transaction of October 3.

Accounts Payable

Accounts Receivable

Cash

Equipment

L. Berge, Capital

L. Berge, Drawings

No Entry

Prepaid Rent

Rent Expense

Salaries Expense

Service Revenue

Supplies

Unearned Revenue

Utilities Expense

30 Receives bill for October utilities, $109 (not paid at this time).

Accounts Payable

Accounts Receivable

Cash

Equipment

L. Berge, Capital

L. Berge, Drawings

No Entry

Prepaid Rent

Rent Expense

Salaries Expense

Service Revenue

Supplies

Unearned Revenue

Utilities Expense

Account Titles and Explanation

Debit?

Credit?

Oct. 1 the amount on debit or credit?

Oct. 2 the amount on debit or credit?

Oct. 3 the amount on debit or credit?

Oct. 6the amount on debit or credit?

Oct. 27the amount on debit or credit?

Oct. 30the amount on debit or credit?

thanks

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