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IN the picture shown I am noticing that when there is something debited and credited there is an account listed for both debit and credit.
IN the picture shown I am noticing that when there is something debited and credited there is an account listed for both debit and credit. However, there is not a account listed on journal entries with the 04/02 entry for equipment and the 04/10 entry for food supplies. Are these typos or should there be something there.?
General Journal | ||||
Always list the Debit item first. | ||||
Date | Accounts | Debit | Credit | |
1-Apr | Cash | $ 100,000.00 | ||
Capital, Parrot | $ 100,000.00 | |||
1-Apr | Prepaid Insurance | $ 14,000.00 | ||
Cash | $ 14,000.00 | |||
2-Apr | Rent Expense | Lodge & Campgrounds | $ 25,000.00 | |
$ 25,000.00 | ||||
2-Apr | Cash | $ 32,000.00 | ||
2-Apr | Registration Fees | $ 32,000.00 | ||
2-Apr | Equipment | Fishing Boats | $ 45,000.00 | |
$ 45,000.00 | ||||
3-Apr | Food Supplies | Wendy's | $ 5,000.00 | |
Accounts Payable | $ 5,000.00 | |||
5-Apr | Office Supplies | $ 1,250.00 | ||
Accounts Payable | $ 1,250.00 | |||
7-Apr | Cash | $ 48,300.00 | ||
Registration Fees | $ 48,300.00 | |||
10-Apr | Food Supplies | Wendy's | $ 7,200.00 | |
$ 7,200.00 | ||||
10-Apr | Wages expense | $ 9,500.00 | ||
Cash | $ 9,500.00 | |||
14-Apr | Cash | $ 35,600.00 | ||
Registration Fees | $ 35,600.00 | |||
16-Apr | Food Supplies | Wendy's | $ 9,000.00 | |
Accounts Payable | $ 9,000.00 | |||
17-Apr | Wages Expense | $ 9,500.00 | ||
Cash | $ 9,500.00 | |||
18-Apr | Postage expense | $ 275.00 | ||
Cash | $ 275.00 |
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