Question
General Ledger Cash Account No. 111 Post. Balance Date Item Ref. Debit Credit Debit Credit 20xx Balance June Accounts Receivable Account No. 113 Post. Balance
General Ledger | ||||||||||||||||||
Cash | Account No. 111 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20xx | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Accounts Receivable | Account No. 113 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Office Supplies | Account No. 115 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Pre-paid Rent | Account No. 117 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Pre-paid Insurance | Account No. 118 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Office Equipment | Account No. 144 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Accumulated Depreciation - Office Equipment | Account No. 145 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Office Furniture | Account No. 146 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June | ||||||||||||||||||
Office Furniture - Accumulated Depreciation | Account No. 147 | |||||||||||||||||
Post. | Balance | |||||||||||||||||
Date | Item | Ref. | Debit | Credit | Debit | Credit | ||||||||||||
20XX | ||||||||||||||||||
Balance | ||||||||||||||||||
June |
The May 31, 20XX, post-closing trial balance for the L&L Accounting Firm appears below.
During June, the firm engaged in the following transactions:
1 Received an investment of cash from J. Long, $8,000.
3 Purchased office equipment with cash, $2,000.
4 Received office equipment transferred to the firm from J. Long, $1,800
7 Purchased extra office supplies with cash, $190
9 Completed bookkeeping services for Elliott Electric Company that amounted to $1,400
10 Paid the receptionist in cash for two weeks wages, $1,600
13 Paid the amount due to Office Depot for the office equipment purchased last month, $750
14 Accepted an advance in cash for services to be done for a new client, $2,200
15 Purchased a copier (office equipment) from Office Depot for $2,400, paying $400 in cash and agreeing to pay the rest in equal amounts over the next six months.
16 Performed consulting services and received a cash fee, $1,650.
17 Received payment on account from Sallys Salon for services performed last month, $3,200.
18 Paid amount due for the telephone bill that was received and recorded at the end of May, $260.
19 Performed consulting services for Sallys Salon and agreed to accept payment next month, $4,600.
20 Performed bookkeeping services for cash, $780.
23 Received and paid the utility bill for June, $340.
24 Paid the secretary for two weeks wages, $1,600.
27 Paid the rent for July in advance, $2,000.
28 Received the telephone bill for June, which is to be paid next month, $220.
30 Paid cash to J. Long as a withdrawal for personal expenses, $1,750.
I need to know how to fill out a general ledger for assets with the information provided above.
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