BUS 211 Written Review Exam

1. Debbies Cleaning Services. had the following transactions in May. Use these account titles: Cash; Accounts Receivable; Prepaid Rent; Supplies; Service Trucks; Accounts Payable; Unearned Cleaning Fees; Debbies Capital; Owners Draws; Cleaning Fees Earned; Rent Expense; and Salaries Expense. Prepare journal entries to record the following:

May	1	Debbie contributed $18,000 cash and a service truck worth $14,000.
	2	Paid $12,000 as rent for June, July, August, September, October & November.
	3	Purchased supplies on account, $4,300
	9 14	Billed customers for cleaning services completed, $8,600 Received $1,000 cash from a customer as advanced payment for cleaning services scheduled throughout June.
	17	Paid $3,000 on account to suppliers.
	20	Collected $4,600 on account from customers
	29	Paid $1,500 cash to Owner (use Owners Draws).
	30	Paid salaries for May, $4,000.