CHART OF ACCOUNTS Zek's Co 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 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 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 538 Store Supplies Expense 561 Depreciation Expense Office Equipment 562 Depreciation Expense Store Equipment 590 Miscellaneous Expense 710 Interest Expense The following data were accumulated for use in reconciling the bank account of Zek's Co for May 2016 1 2 3 Cash balance according to the company's records at May 31, 2016, $22,110 Cash balance according to the bank statement at May 31, 2016, $29,650 Checks outstanding, $13,875 Deposit in transit, not recorded by bank, S6,770 A check for $50 in payment of an account was erroneously recorded in the check register as $500 Bank debit memo for service charges, $15 4 5 6 Journalize the entry or entries that should be made by the company Refer to the Chart of Accounts for exact wording of account titles Journalize the entry or entries that should be made by the company Refer to the Chart of Accounts for exact wording of account titles PAGE 1 JOURNAL DATE DESCRIPTION POST REF DEBIT CREDIT 1 2 3 4

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CHART OF ACCOUNTS Zek's Co.General Ledger ASSETS 110 Cash 111 Petty Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145

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CHART OF ACCOUNTS Zek's Co.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

	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

	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
538	Store Supplies Expense
561	Depreciation Expense-Office Equipment
562	Depreciation Expense-Store Equipment
590	Miscellaneous Expense
710	Interest Expense

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The following data were accumulated for use in reconciling the bank account of Zek's Co. for May 2016: 1. 2. 3. Cash balance according to the company's records at May 31, 2016, $22,110. Cash balance according to the bank statement at May 31, 2016, $29,650. Checks outstanding, $13,875. Deposit in transit, not recorded by bank, S6,770. A check for $50 in payment of an account was erroneously recorded in the check register as $500 Bank debit memo for service charges, $15. 4 5. 6. Journalize the entry or entries that should be made by the company. Refer to the Chart of Accounts for exact wording of account titles. Journalize the entry or entries that should be made by the company. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4