Directions

ledger

journal

Post the journal to a ledger and update ledger balances. 4 GENERAL LEDGER Cash P.R. 7 Date Explanation ACCOUNT NO. 101 CREDIT BALANCE DEBIT + 8 9 10 11 12 13 14 15 16 17 18 19 20 Accounts Receivable Explanation P.R. DEBIT ACCOUNT NO. 102 CREDIT BALANCE Date 21 22 23 25 26 Supplies Explanation P.R. DEBIT ACCOUNT NO. 103 CREDIT BALANCE Equipment P.R. DEBIT Explanation ACCOUNT NO. 105 CREDIT BALANCE 27 Date 28 29 30 31 32 33 Date 34 35 36 37 38 39 Date 40 41 + Truck P.R. ACCOUNT NO. 106 CREDIT BALANCE Explanation DEBIT 45 Accounts Payable P.R. DEBIT Explanation ACCOUNT NO. 201 CREDIT BALANCE 48 Date 49 50 51 52 53 54 55 56 57 58 59 60 Date 61 62 63 64 + M. White, Capital P.R. DEBIT ACCOUNT NO. 301 CREDIT BALANCE Explanation M. White, Drawings P.R. DEBIT ACCOUNT NO. 302 CREDIT BALANCE Date Explanation 65 56 67 68 59 Cleaning Services Revenue Explanation P.R. DEBIT Date ACCOUNT NO. 401 CREDIT BALANCE Wages Expense P.R. DEBIT 2. 3 4 5 16 77 78 79 80 81 Date ACCOUNT NO. 501 CREDIT BALANCE Explanation Rent Expense P.R. DEBIT + ACCOUNT NO. 503 CREDIT BALANCE Date Explanation 82 83 84 85 86 87 88 89 Utilties Expense P.R DEBIT ACCOUNT NO. 504 CREDIT BALANCE Date Explanation 90 91 92 Truck Expense P.R. DEBIT ACCOUNT NO. 505 CREDIT BALANCE Explanation -4 95 Date 26 37 98 99 100 Date 101 102 103 104 Miscellaneous Expense Explanation P.R. DEBIT ACCOUNT NO. 509 CREDIT BALANCE + 1 Mary invested $53,000 cash in Seth Cleaning Services 1 M 10 M 13 14 15 21 M 24 Paid rent for month of October 54,500 Purchased a used truck for $23.750 paying 52.000 cash and buy the remainder on credit (record as accounts payable) Purchased equipment on account $7.000 Purchased supplies for ch 12,300 Received cash for completed 110.000 Paid creditor a portion of amount owed for equipment purchased on October 133.00 Provided 514.150 worth of cleaning services un account Sent invokes customers Received anvelor expens to be paid in November $100 Paiduties 5800 Pacous expenses. 51100 Received ca um customers account $200 it was only 1000 made with comfur pen 26 27 20 29 30 131 Case #1 Chart of Accounts 101 Cash 102 Accounts Receivable 103 105 106 Supplies Equipment Truck Accounts Payable MWhite, Capital 201 301 302 M White Drawings 401 Cleaning Services Revenue 501 503 504 SOS Wages Expense Rent Expense Utilities Expense The Expense Miscellaneous Expense 600 On March 1 2018. Mary White established a cleaning business. Whce Cleaning Services During the month Mary completed the following transactions related to the business