Question
Cash No. Date Debit Dec 31 General Ledger Account Teaching supplies Credit Balance No. Date Debit 34,000 Dec 31 Prepaid insurance No. Date Debit
Cash No. Date Debit Dec 31 General Ledger Account Teaching supplies Credit Balance No. Date Debit 34,000 Dec 31 Prepaid insurance No. Date Debit Dec 31 Credit Balance 8,000 Credit Balance No. 12,000 Date Dec 31 Prepaid rent Debit Credit Balance 3,000 Professional library No. Date Debit Dec 31 Accumulated depreciation - Professional library Credit Balance No. 35,000 Date Dec 31 Debit Credit Accumulated depreciation - Equipment Equipment No. Date Debit Credit Balance No. Date Dec 31 80,000 Dec 31 Debit Credit Balance 10,000 Balance 15,000
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