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Date Description Post Ref Debit Credit Assets Liabilities Equity Janaury 31 Insurance Expense 1,325 Prepaid Insurance 1,325 (7,310 - 5,985) Janaury 31 Supplies Expense 1,965
Date | Description | Post Ref | Debit | Credit | Assets | Liabilities | Equity |
Janaury 31 | Insurance Expense | 1,325 | |||||
Prepaid Insurance | 1,325 | ||||||
(7,310 - 5,985) | |||||||
Janaury 31 | Supplies Expense | 1,965 | |||||
Supplies | 1,965 | ||||||
(2,435 - 470) | |||||||
Janaury 31 | Depreciation Expense - Building | 7,900 | |||||
Accumulated Depreciation - Building | 7,900 | ||||||
Janaury 31 | Depreciation Expense - Equipment | 4,590 | |||||
Accumulated Depreciation - Equipment | 4,590 | ||||||
Janaury 31 | Unearned Rent | 4,865 | |||||
Rent Revenue | 4,865 | ||||||
(6,425 - 1,560) | |||||||
Janaury 31 | Salries and Wages Expense | 3,085 | |||||
Salries and Wages Payable | 3,085 | ||||||
Janaury 31 | Accounts Receivable | 11,010 | |||||
Fees Earned | 11,010 | ||||||
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