B 2. 6. & 11. GENERAL LEDGER Account Cash Account No. 111 Balance Post. Ref. Date Item Debit Credit Debit Credit 20- June Journal Ledger Work Sheet and statements Account Accounts Receivable Account No. 112 Balance Post. Ref. Date Item Debat Credit Debit Credit 20- June Account Prepaid Insurance Account No. 114 Balance Debit Post Rat. Date Item Debat Credit Credit 20 June Account Land Post. Ref. Account No. 121 Balance Debit Item Debit Credit Credit Data 20 June Account Pool Structure Account No. 125 Balance Dato Post. Ref. Item Debit Credit Debit Credit 20- June Lado P T R S Account Accumulated Depreciation, Pool Structure Account No. 126 Balance Post. Ref. Item Debit Credit Debit Credit Date 20- June Account Fan System Post. Rel. Account No. 127 Balance Debit Date Item Debit Credit Credit 20- June Account Accumulated Depreciation, Fan System Post. Item Ref. Account No. 128 Balance Debit Credit Debit Credit Dato 20- June Account Sailboats Post. Ref. Account No. 129 Balance Debit Item Debit Credit Credit Date 20 June Account Sailboats Post. Account No. 129 Balance Debit Date Item Ref. Debit Credit Credit 20 June www. Account Accumulated Depreciation, Sailboats Post. Account No. 130 Balance Debit Date Item Ref. Debit Credit Credit 20- June Account Accounts Payable Post. Ref. Account No. 221 Balance Debit Date Item Debit Credit Credit 20- June 0 P Q R S Account Accounts Payable Account No. 221 Balance Date Item Post. Ref. Debit Credit Dobit Credit 20- June Account Wages Payable Account No. 222 Balance Post. Ref. Date Item Dobit Credit Debit Credit 20- June Account Mortgage Payable Post. Account No. 223 Balance Debit Date Item Ref. Debit Credit Credit 20- June Account R. Cury, Capital Account No. 311 S Account R. Cury, Capital Account No. 311 Balance Post. Ref. Date Item Debit Credit Debit Credit 20 June Account R. Cury, Drawing Post. Ref. Account No. 312 Balance Debit Date Item Debit Credit Credit 20- June Account Income Summary Account No. 313 Balance Post Ref. Date Item Debit Credit Dobit Credit 20- June Account Income from Services Account No 411 Balance Dobit Post. Ref. Date Item Debit Credit Credit Account Income from Services Account No. 411 Balance Date Post Rot. Item Debit Credit Debit Credit 20 June W Account Concessions Income Account No. 412 Balance Date Post. Ref. Item Debit Credit Debit Credit 20- June Account Sailboat Rental Expense Account No. 511 Balance Post. Ref. Date Item Debit Credit Debit Credit 20- June Account Wages Expense Account No. 512 Account Wages Expense Post Account No. 512 Balance Debit Data Item Rot. Dab Credit Credit 20 June Account Advertising Expense Account No. 513 Balance Date Post. Ref. Itern Debit Credit Debit Credit 20- June Account Utilities Expense Post. Ref. Account No. 514 Balance Debit Item Dobit Credit Credit Date 20- June A B C D E F G H K L M N O P Q R S Account Interest Expense Post. Ref. Account No: 515 Balance Debit Item Debit Credit Credit Date 20- June Account Insurance Expense Account No 516 Balance Post. Ref. Date Itern Debit Credit Debit Credit 20- June Account Depreciation Expense, Pool Structure Post. Item Rot. Account No. 517 Balance Date Dobit Credit Debit Credit 20- June Account Depreciation Expense, Fan System Account No. 518 Balance Account Depreciation Expense, Fan System Post Item Rot. Account No. 618 Balance Debit Date Debit Credit Credit 20 June HAARBANDARA Account Depreciation Expense. Sailboats Post. Item Ref. Account No. 519 Balance Debit Debit Credit Credir Date 20 June Account Miscellaneous Expense Account No. 522 Balance Debit & Post Ref. Data Item Debit Credit Credit 20- June GENERAL JOURNAL Page 1 Post Ret Debit Credit Deveripllon MEHE 85,000 null null nult El nul Cash R. Cury. Capital Invested cash in business 95,000 null null nu Land 37,000 null 140,000 null nult nult Pool Structure 13,300 nuti null Fan System null Sailboats null 25.800 null null null 156,100 nuti nul 60 000 nu Mortgage Payable Cash Bought Wind In Your Salls null 350 null 3 Advertising Expense Cash Paid bill for newspaper advertising. . nutt 350 3 nutt nut 12.000 nuit null Prepaid Insurance Cath nu null nul 12.000 null Pald one-year premium for instance 3 Sallboots #REFI nult 7.200 null Accounts Payable nu nult nul 4,000 null null null 3,200nult Cash Bought adaltional boats from Louis Manufacturing Co 3 Cash nu nul 150 nuil nul nul 150 nul Concessions Income Received Dayroont for rental coace for vending machines 3 Adverteng Exente S40 Inu null mp Prob 2013 (2).XIS F 7 200 ml T! allboots nul 4.000 null M nel 2 200 null accounts Payable Cash Bought additional boats from Louis Manufacturing Co. nult 150 NUI nul Cash nul! nul 150 il null Concessions income Received payment for rental space for vending machines null null 540 null ill 540 m Advertising Expense Accounts Payable Promotional handouts from null Quick Printing GENERAL JOURNAL Page 2 Debit Post Ref. Description Credit null nur 700 nult Sullboat Rental Expense Cash Lassed solboats from K Einstein 700 mill null null Boot Co. null null 5 104 nu null null 104 nul Miscellaneous Expande Cash Pald mlocellaneous expenses nul 2.855 H nult nul Cam Income from Services Rocolved ca forticostendered nul nul 2.655 nu 745 nu 745 LI Fan System nul null ENCI 745 till Accounts Payable Bought an addition to fan system on account from Stark Pool Supply. null 3 900 Wages Expenso Cath Pald wages for period June 1-June 14. nul ntall 3.900 null Accounts Payable null 540 null nuti nut 540 mult Cash Pald QuickPainting on account nul 2,500 nu! nult R. Cury, Drawing Cash Withdrawal for personal use. nul 2.500 nu Sailboats null nut 850 null mult 850 nuit Accounts Payable Bought sails on account from Canvas Products, Inc Cath null nut 6,850 nu 6.850 nutt 5.850 null Income from Services Received cash for services rendered GENERAL JOURNAL Page 3 Description Post Ret Debit Credit 19 Miscellaneous Expo 40 num 40 nult ut Co Pald micellaneous expono 20 null 1 300 null rul null 1.300 nuti Accounts Payable Cash Made partial payment to Louls Manufacturing Co. 22 Cash snut 8,280 null null 8.260 nu Income from Somos Received cash for sevices rendered. 23 nut nut nu 380 nutt mall null nur 380 nuti Accounts Payable Sallboats Received allowance from Louis Manu- facturing Co, for damaged boat. : 24 nut nutt UTE 324 mutt ulities Expense Cash Received and paid telephone bilt. null nul 324 nutt nut null 29 nul 4.973 nut Wages Expense Cash Pald wages for period June 15 June 28. null null nul 4,973 null 30 nur null nu 475 null Accounts Payable Cash Pald Stark Pool Supply on account null nul 475 nun 30 non null null 345 null Untities Expense Cash Received and paid electric bill null null nu 345 null 30 null null 1,351 null nun Interest Expense Mortgage Payable Cash null null 497 null nul nul null nu 1.848 nu Paid Installment on mortgage GENERAL JOURNAL Page 4 Date Description Port Rot Doble Credit 20 June 30 Uolltes Expense null null 590 null mull nult 590 nu Cash Recelved and paid weter bill. 30 Sallboats nu!! nul 5.320 null null null nuti nut 3,770 null 1.550 nuti null nul Accounts Payable Cash Bought additional boats from Riddle and Son 30 null nul 1.800 null R. Cury. Drawing Cash Withdrawal for personal use nult null nut 1.800 null 30 null nult 5.902 null mul Cash income from Services Received cash for services rendered null null nul 5.902 null 30 num nu 28 nuit Accounts Recevable Concessions income Additional revenue from concessions null null nul 28 null Adjusting Entries 30 null Insurance Expense nut 1 000 null DUH Prepaid insurance null null nu 1,000 null 30 Depreciation Expense Pool Structure null null 715 null null Accum. Dopr., Pool Structure null null nul 715 null 30 Dept. Expanse, Fan System nul nul 260 null Acoum. Dept. Fon System null nul 260 na 30 Dapr. Expense, Sailboats null hall 900 null nul 30 null null null 810 noli Wages Expenses Wages Payable null MU null 810 null GENERAL JOURNAL Page 5 Date Description Post Ret Credit Debit 20- Closing Entries Income from Services June 30 null null null 23,867 null null null 178 null null Concessions income Income Summary null null nut 24.045 null 30 huil null 16.902 null null null null nul 700 null null null nul 9,683 null Income Summary Sailboat Rental Expense Wages Expense Advertising Expenso Ultes Expense Interest Expense null null nul 890 null null null nul 1.259 null null null nul 1,351 null null null nul 1.000 null 715 null null null nul Insurance Expense Depreciation Expense, Pool Structure Depr. Expense, Fan System Depr. Expense. Sallboats Miscellaneous Expense null null nul 260 null null null nul 900 null null nuli null 144 null 30 null null 7,143 null nul Income Summary R. Cury, Capital null null null null 30 null null null null R. Cury, Capital R. Cury, Drawing null null nul 4,300 null a. Insurance expired during the month, $1,000. b. Depreciation of pool structure for the month, $715. c. Depreciation of fan system for the month, $260. d. Depreciation of sailboats for the month, $900. e. Wages accrued at June 30, $810. Your instructor may want you to use a work sheet for these adjustments. 5. Journalize adjusting entries. 6. Post adjusting entries to the ledger accounts. (Skip this step if using CLGL.) 7. Prepare an adjusted trial balance. 8. Prepare the income statement. 9. Prepare the statement of owner's equity. 10. Prepare the balance sheet. 11. Journalize closing entries. 12. Post closing entries to the ledger accounts. (Skip this step if using CLGL.) 13. Prepare a post-closing trial balance