CHART OF ACCOUNTS

Jeremiah Restoration Company

General Ledger

ASSETS

$110$ Cash

$111$ Petty Cash

$120$ Accounts Receivable

$131$ Notes Receivable

$132$ Interest Receivable

$141$ Merchandise Inventory

$145$ Office Supplies

$146$ Store Supplies

$151$ Prepaid Insurance

$181$ Land

$191$ Office Equipment

$192$ Accumulated Depreciation$-$Office Equipment

$193$ Store Equipment

$194$ Accumulated Depreciation$-$Store Equipment

REVENUE

$410$ Sales

$610$ Interest Revenue

EXPENSES

$510$ Cost of Merchandise Sold

$515$ Credit Card Expense

$516$ Cash Short and Over

$520$ Salaries Expense

$531$ Advertising Expense

$532$ Delivery Expense

$533$ Insurance Expense

$534$ Office Supplies Expense

$535$ Rent Expense

$536$ Repairs Expense $537$ Selling Expenses

LIABILITIES

$210$ Accounts Payable

$221$ Notes Payable

$222$ Interest Payable

$231$ Salaries Payable

$241$ Sales Tax Payable

EQUITY

$310$ Owner, Capital

$311$ Owner, Drawing

$312$ Income Summary

$538$ Store Supplies Expense

$561$ Depreciation Expense$-$Office Equipment

$562$ Depreciation Expense$-$Store Equipment

$591$ Miscellaneous Administrative Expense

$592$ Miscellaneous Selling Expense

$710$ Interest Expense Journalize the transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically

indent a credit entry when a credit amount is entered.Jeremiah Restoration Company completed the following selected transactions during January:

Jan. $1.$ Established a petty cash fund of $$750.$

The cash sales for the day, according to the cash register records, totaled $$11,494.$ The actual cash

received from cash sales was $$11,519.$

Petty cash on hand was $$157.$ Replenished the petty cash fund for the following disbursements, each

evidenced by a petty cash receipt:

Jan. $3.$ Store supplies, $$398.$

Express charges on merchandise sold, $$32($Delivery Expense$).$

Office supplies, $$16.$

Office supplies, $$18.$

Postage stamps, $$13($Office Supplies$).$

Repair to office file cabinet lock, $$11($Miscellaneous Administrative Expense$).$

Postage due on special delivery letter, $$27($Miscellaneous Administrative Expense$).$

Express charges on merchandise sold, $$52($Delivery Expense$).$

Office supplies, $$8.$

Jan. $31.$ The cash sales for the day, according to the cash register records, totaled $$18,255.$ The actual cash

received from cash sales was $$18,215.$

Decreased the petty cash fund by $$110.$

Required:

Journalize the transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal

explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit

amount is entered.