Cash 100 Accounts Payable Control 210 Sales Revenue 400 Cost of Goods Sold 500 Date Description Debit Credit 31-May Balance Balance $29,477 Date Description Debit Credit Balance Date 31-May Balance ($16,438) 1-Jun Obtained loan $55,000 $0 $84,477 1-Jun Credit purchase $160 ($16,598) Description Debit 31-May Balance 4-Jun Cash Sale Credit Balance Date 2-Jun Payment $3,743 $80,734 1-Jun Credit purchase $200 ($16,798) 7-Jun Sale 2-Jun Payment $1,385 $79,349 2-Jun Payment $3,781 ($13,017) 11-Jun Cash Sale 3-Jun Purchase $220 $79,129 2-Jun Payment $1,413 ($11,604) 4-Jun Sale $5,961 $85,090 13-Jun Payment $3,144 ($8,460) 12-Jun Credit Sale 17-Jun Credit Sale 9-Jun Receipt $2,560 $87,650 18-Jun Return $1,403 ($7,057) 18-Jun Cash Sale 11-Jun Cash Sale $10,081 $97,731 27-Jun Payment $3,425 ($3,632) 24-Jun Sale $9,658 $470 13-Jun Payment $3,144 $94,587 30-Jun Payment $155 ($3,787) 15-Jun Payment $5,103 $89,484 25-Jun Cash Sale 30-Jun Cash Sale $9,592 $6,629 $0 $5,961 ($5,961) $1,435 ($7,396) $10,081 ($17,477) $484 ($17,961) $2,060 ($20,021) ($29,679) ($30,149) ($39,741) ($46,370) Description 31-May Balance Debit Credit Balance $0 4-Jun Sale 7-Jun Sale $1,192 $287 $1,192 $1,479 11-Jun Cash Sale $2,016 $3,495 11-Jun Return 12-Jun Credit Sale 17-Jun Credit Sale $240 $3,255 $97 $412 $3,352 $3,764 18-Jun Cash Sale $1,932 $5,696 18-Jun Cash Sale $9,658 $99,142 24-Jun Sale 25-Jun Cash Sale 30-Jun Cash Sale $94 $5,790 $1,918 $7,708 $1,356 $9,064 19-Jun Partial Receipt $300 $99,442 Wages Payable 220 21-Jun Receipt $2,381 $101,823 Date Description Debit Credit Balance 25-Jun Cash Sale $9,592 $111,415 31-May Balance $0 27-Jun Payment $3,425 $107,990 30-Jun Wages Payable $1,320 $1,320 Sales Returns and Allowances 401 Date Description Debit Credit Balance Advertising Expense 511 29-Jun Payment $5,582 $102,408 31-May Balance $0 Date Description Debit Credit Balance 30-Jun Repayment $3,701 $106,109 11-Jun Return $1,198 $1,198 31-May Balance $0 30-Jun Cash Sale $6,629 $112,738 Electricity Payable 221 30-Jun Payment $5,200 $107,538 Date Description Debit Credit Balance 30-Jun Receipt $234 $107,772 31-May Balance $0 30-Jun Bad Check $300 $107,472 30-Jun Bank Charge $5 $107,467 Short-term Investments 102 Date Description 31-May Balance 30-Jun Interest Debit Credit Balance $20,000 Water Payable 222 Date Description 31-May Balance Debit Credit Balance $0 $100 $19,900 Sales Discounts 402 Date Wages Expense 516 Description Debit 31-May Balance 9-Jun Discount Credit Balance Date $284 $0 $284 Description 31-May Balance 15-Jun Pay Wages Debit Credit Balance $0 $5,103 $5,103 29-Jun Pay Wages $5,582 $10,685 30-Jun Pay Wages $5,200 $15,885