Bridgeport Corp. began operations on January 1, 2020. Its fiscal year end is December 31. Bridgeport has decided that prepaid costs are debited to an asset account when paid, and all revenues are credited to revenue when the cash is received. During 2020, the following transactions occurred.

1.		On January 1, 2020, Bridgeport bought office supplies for $ 3,280 cash. A physical count at December 31, 2020 revealed $ 1,520 of supplies still on hand.
2.		Bridgeport bought a $ 4,800, one-year insurance policy for cash on August 1, 2020. The policy came into effect on this date.
3.		On November 15, 2020, Bridgeport received a $ 960 advance cash payment from a client for services to be provided in the future. As at December 31, 2020, one third of these services had not been performed.
4.		On December 1, 2020, Bridgeport rented out excess office space for a six-month period starting on this date, and received a $ 880 cheque for the first and last months rent.

List of Accounts

• Accounts Payable
• Accounts Receivable
• Accumulated Depreciation - Buildings
• Accumulated Depreciation - Equipment
• Accumulated Depreciation - Vehicles
• Accumulated Other Comprehensive Income
• Administrative Expenses
• Advances to Employees
• Advertising Expense
• Allowance for Doubtful Accounts
• Bad Debt Expense
• Buildings
• Cash
• Commission Expense
• Common Shares
• Cost of Goods Sold
• Deficit
• Depreciation Expense
• Dividends
• Dividends Payable
• Equipment
• FV-NI Investments
• FV-OCI Investments
• Freight In
• Freight Out
• Income Summary
• Income Tax Expense
• Insurance Expense
• Interest Expense
• Interest Income
• Interest Payable
• Interest Receivable
• Inventory
• Investment Income
• Land
• Miscellaneous Expense
• Mortgage Payable
• No Entry
• Notes Payable
• Office Expense
• Operating Expenses
• Owner's Capital
• Owner's Drawings
• Prepaid Insurance
• Prepaid Rent
• Property Tax Expense
• Property Tax Payable
• Purchase Discounts
• Purchases
• Rent Expense
• Rent Receivable
• Rent Revenue
• Repairs and Maintenance Expense
• Retained Earnings
• Salaries Expense
• Salaries Payable
• Salaries and Wages Expense
• Salaries and Wages Payable
• Sales Commission Expense
• Sales Commission Payable
• Sales Discounts
• Sales Returns and Allowances
• Sales Revenue
• Service Revenue
• Supplies
• Supplies Expense
• Surplus
• Telephone Expense
• Travel Expense
• Unearned Rent Revenue
• Unearned Revenue
• Unrealized Gain or Loss - OCI
• Utilities Expense
• Utilities Payable
• Vehicles