Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the General Journal then how do I format a General Ledger from this journal and the chart of accounts. General Journal 16-Jul Maintenance

Based on the General Journal then how do I format a General Ledger from this journal and the chart of accounts.
image text in transcribed
image text in transcribed
image text in transcribed
General Journal 16-Jul Maintenance Expenses 110 VISA Card Payable 110 17-jul Cash-Checking 300 Cash-Savings 300 17-Jul Accounts Payable-Youngs Home \& Garden Center 175 Cash-Savings 175 18-Jul Fuel Expense 40 Cash-Checking 40 19-Jul Food Expenses 12 Cash-Checking 12 19-Jul Cash-Savings 425 Lawn Care/ Landscaping Revenue 425 20-Jul Equipment Rental Expense 55 Cash-Checking 55 20-Jul Cash Savings 150 Lawn Care/ Landscaping Revenue 150 21-Jul Cash Savings 400 Accounts Recievable Mr. Abrams 400 22-Jul Equipment Rental Expense 80 Cash-Checking 80 23-Jul Cash-Checking 200 Accounts Recievable Mr. Roker 500 Lawn Care/Landscaping Revenue 700 24-jul Cash-Checking 150 Accounts Receivable Mrs. Mercado 150 24-Jul Lanscaping Supplies Expense 65 VISA Card Payable 65 25-Jul Cash 140 Lawn Care/Landscaping Revenue 140 26-Jul Fuel Expense 85 Cash Checking 85 27-Jul Office Supplies Expense 45 Cash 45 30-Jul Accounts Payable - Youngs Home & Garden Center 75 Cash-Savings 75 ASSETS 100 Cash-Checking 105 Cash-Savings 110 Accounts Receivable-Mr. Abrams 111 Accounts Receivable-Mrs. Mercado 112 Accounts Receivable-Mr. Roker 120 Advertising Materials 130 Office Supplies 140 Landscaping Supplies 1502006 Nissan Pickup Truck 151 Accumulated Depreciation-Pickup Truck 160 Lawn Equipment 161 Accumulated Depreciation-Lawn Equipment LIABILITIES 200 Note Payable-Aunt Martha 210 Accounts Payable-Young's Home \& Garden Center 220 Accounts Payable-VISA $o 230 Interest Payable 240 Unearned Revenue CAPITAL 300 Kyle Cross, Capital 310 Kyle Cross, Drawing 320 Income Summary REVENUES 400 Lawn Care/Landscaping Revenue 410 Interest Revenue EXPENSES 500 Landscaping Supplies Expense 510 Gas and Oil Expense 520 Telephone Expense 530 Advertising Expense 540 Office Supplies Expense 545 Interest Expense 550 Pickup Truck Maintenance Expense 560 Equipment Rental Expense 570 Insurance Expense 580 Depreciation Expense-Pickup Truck 590 Depreciation Expense-Lawn Equipment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Describe the five elements of the listening process.

Answered: 1 week ago