ACC Project:

Part 1 of ACC Project, Please fill in the blanks with the chart that is provided thank you!

Chart of Accounts Account Title Account Number 101 105 115 120 125 140 145 150 151 155 156 160 165 170 175 178 180 182 201 210 215 235 250 255 285 305 315 320 410 435 501 505 514 515 516 520 535 540 545 548 550 555 cash Accounts Receivable Office Supplies Prepaid Insurance Prepaid Rent Inventory Building Equipment Accumulated Depreciation - Equipment Furniture Accumulated Depreciation - Furniture Office Furniture Truck Land Copyright Franchise Patent Trademark Accounts Payable Salaries Payable utilities Payable Unearned Revenue Notes Payable Mortgages Payable Income Taxes Payable Common Stock Retained Earnings Dividends Service Revenue Sales Revenue Cost of Goods Sold Advertising Expense Depreciation Expense - Furniture Depreciation Expense - Equipment Income Tax Expense Insurance Expense Repairs and Maintenance Expense Rent Expense Salaries Expense Selling Expense Supplies Expense utilities Expense Smart Touch Learning began operations by receiving $23,600 cash and furniture of a fair value of $8,700 from James Smith. The business issued Smith shares of common stock in exchange for this contribution. Date Accounts Debit Credit Paid $1,000 cash for a four-month insurance policy on December 1. The policy begins December 1. Date Accounts Debit Credit Dec 1 1,000 1,000 Paid 5440 cash for office supplies on December 4. Date Accounts Debit Credit Performed services for a customer and received $2,600 cash on December 12. Date Accounts Debit Credit Completed a large job, billed the customer $3,800 on December 15. Date Accounts Debit Credit On December 18, paid employee salary. $3,000. Date Accounts Debit Credit Received 515,200 cash for performing services on December 20. Date Accounts Debit Credit Collected $3,000 on December 22 in advance for a service to be performed later. Date Accounts Debit Credit On December 25, collected $3,800 cash from customer on account for the services performed on December 15. Date Accounts Debit Credit On December 27, recelved a $220 utility bill to be paid at a later time. Date Accounts Debit Credit On December 28, performed services on account, $800. Date Accounts Debit Credit On December 28. paid office rent, $1,500. Date Accounts Debiet Debit Credit Paid $220 on account on December 29 Date Accounts Debit Credit