accounting...Part 1 Journalize the November transactions from Week 2 (also listed again below) and the December transactions listed below. Part 2 Post the journal transactions to the general ledger Comprehensive Chart of Accounts: 101 Cash 111 Accounts Receivable 121 Supplies 137 Prepaid Rent 141 Computer Equipment 143 Office Furniture 201 Accounts Payable 301 S. Smith, Capital 302 S. Smith, Drawing 401 Fees Income 511 Rent Expense 514 Utilities Expense 521 Salaries Expense November Business Transactions: 3rd: S. Smith visits her local bank and withdraws $70,000 from her personal savings account, depositing the cash into a new bank account in the name of the business, Smith Consultants. 5th: Smith Consultants issues check 1001 for $3,000 to purchase computer equipment from Digital Warehouse, Inc. 6th: Smith Consultants issues check 1002 to Property, Inc. to pay the current month's rent due of $1,000 as well as prepay rent for the months of December, January and February. 10th: Smith Consultants issues check 1003 to purchase office furniture in the amount of $2,500 from Furniture Depot. 11th: Smith Consultants purchases $5,000 of computer equipment from Elite Computing on account due in 90 days. Elite Computing issues invoice 7964. 14th: Smith Consultants performs services to cash clients for $1,200. 17th: Smith Consultants performs services to charge account client, Speedy Freight, in the amount of $2,000. Invoice 101 is issued and is receivable in 30 days. 19th: Smith Consultants issues check 1004 to State Power Company for the November utility bill in the amount of $400. 20th: Smith Consultants performs services to cash clients for $4,000. 25th: Smith Consultants issues S. Smith check 1005 as a draw for her personal use in the amount of $5,000. December Business Transactions: 4th: Smith Consultants issues check 1006 for $600 to Office Land for supplies. 10th: Smith Consultants purchases $2,000 of computer equipment from Elite Computing. They issue check 1007 for $500 with the balance due in 90 days on invoice 8009. 15th: Smith Consultants receives a check from Speedy Freight for payment of invoice 101 from November for $2,000. 16th: Smith Consultants performs services for charge account client, Speedy Freight, issuing invoice 102 for $1,400. 17th: Smith Consultants performs services to cash clients for $1,700. 18th: Smith Consultants issues check 1008 for $1,000 to Elite Computing to pay invoice 7964. 19th: Smith Consultants issues check 1009 for $600 to State Power Company for the December utility bill. 20th: Smith Consultants issues check 1010 to pay salaries of $1,000 for December.

WEEK 3: JOURNALIZING AND POSTING JOURNALIZE AND POST NOVEMBER AND DECEMBER TRANSACTIONS DON'T FORGET TO POST TO THE GENERAL LEDGER ON THE SECOND (YELLOW) TAB AT THE BOTTOM. IT IS ON A SEPARATE WORKSHEET!!!! GENERAL JOURNAL Date 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 Description Post Ref Debit 2011 NOV Page 1 Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 GENERAL JOURNAL Date 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 DEC Description Post Ref Debit Page 2 Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 WEEK 3: JOURNALIZING AND POSTING JOURNALIZE AND POST NOVEMBER AND DECEMBER TRANSACTIONS - FORMAT IS IMPORTANT GENERAL LEDGER Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date Account: Date CASH Description Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit Post Ref Debit Credit ACCOUNTS RECEIVABLE Description SUPPLIES Description PREPAID RENT Description COMPUTER EQUIPMENT Description OFFICE FURNITURE Description ACCOUNTS PAYABLE Description S. SMITH, CAPITAL Description S. SMITH, DRAWING Description FEES INCOME Description RENT EXPENSE Description UTILITIES EXPENSE Description SALARIES EXPENSE Description Account Name Cash Accounts Receivable Supplies Prepaid Rent Computer Equipment Office Furniture Accounts Payable Your Name, Capital Your Name, Drawing Fees Income Rent Expense Utilities Expense Salaries Expense Totals Smith Consultants Trial Balance December 30, 20xx Debit 101 Account No. Balance Debit Credit 111 Account No. Balance Debit Credit 121 Account No. Balance Debit Credit 137 Account No. Balance Debit Credit 141 Account No. Balance Debit Credit 143 Account No. Balance Debit Credit 201 Account No. Balance Debit Credit 301 Account No. Balance Debit Credit 302 Account No. Balance Debit Credit 401 Account No. Balance Debit Credit 511 Account No. Balance Debit Credit 514 Account No. Balance Debit Credit 521 Account No. Balance Debit Credit Credit