1) Post the transactions from the general journal to the general ledger accounts. To confirm that the posting has been performed, a posting reference is recorded in the Post Ref. column in the general journal. 2) Record the final unadjusted balance of each ledger account in the Unadjusted Balance row of each ledger, even for ledgers with a balance of zero. Although each ledger already has a running balance, the Unadjusted Balance row must still be filled out in order to receive full points. Date Account and Explanation Post Ref. Debit Credit Jun 1 Cash 110,000 Jun 1 110,000 Capital (capital contribution) Jun 1 Music Equipment 53,000 Jun Cash 53,000 (cash purchase of equipment) Jun 1 Cash 162,000 Jun 1 Bank Loan Payable 162,000 (received cash loan) Jun 1 Prepaid Rent 9,720 Jun 1 Cash 9.720 (paid for prepaid expense) Jun 6 Cash 4.900 Jun 6 Revenues 4,900 (provision of services for cash) Jun 7 Office Supplies 2.800 Jun 7 Office Supplies 2,800 Jun 7 2,800 Accounts Payable (credit purchase of office supplies) Jun 7 Telephone Expense 170 Jun 7 Cash 170 (paid telephone expense) Jun 8 Cash 4,200 Jun 8 Uneared Revenue 4,200 (revenue received in advance) Jun 10 Accounts Receivable 7,300 Jun 7.300 10 Revenues (provision of services on credit) Jun 16 Wages Expense 6,700 Jun 6,700 16 Cash (paid staff wages) Jun 17 Cash 4,000 Jun 17 4,000 Accounts Receivable (collection of accounts receivable) LA 1 (collection of accounts receivable) Jun 20 Withdrawals 1,000 Jun 20 Cash 1,000 (cash withdrawal by owner) Jun 24 Accounts Payable 1,680 IO Jun 24 Cash 1,680 (payment of accounts payable - supplies) Jun 26 Cash 3,000 Jun 26 Revenues 3,000 (provision of services for cash) Jun 29 Accounts Receivable 4,900 le Jun 29 Revenues 4.900 (provision of services on credit) GENERAL LEDGER Account: Cash Account No. 100 Balance Ref. Debit Credit Date Description Jun Jun Jun Jun Jun Jun >> Jun Jun Jun Jun Jun Jun Jun Jun 30 Unadjusted Balance Account: Accounts Receivable Account No. 110 Date Description Ref. Debit Credit Balance Jun DR CR Jun Jun Jun Jun