Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Instructions Chart of Accounts General Journal Instructions Elie Harrod, owner of Harrod's Dry Cleaners, makes bank deposits in the night depository at the close of
Instructions Chart of Accounts General Journal Instructions Elie Harrod, owner of Harrod's Dry Cleaners, makes bank deposits in the night depository at the close of each business day. The following information for the last four days of July is available July 28 29 30 31 $895.20 $977.40 $884.50 $1,027.25 Cash register tape Cash count 993.50 1.075.80 986.60 1,124.40 Required: In general Journal form, record the cash deposit for each day, assuming that there is a $100 Change Fund CHART OF ACCOUNTS Harrod's Dry Cleaners General Ledger ASSETS REVENUE 111 Cash 411 Income from Services 112 Petty Cash Fund 113 Accounts Receivable EXPENSES 115 Office Supplies 511 Salaries Expense 512 Rent Expense 117 Prepaid Insurance 124 Equipment 513 Delivery Expense 125 Furniture and Fixtures 514 Utilities Expense 631 Miscellaneous Expenses LIABILITIES 635 Cash Short and Over 221 Accounts Payable EQUITY 311 E. Harrod, Capital 312 E. Harrod, Drawing PAGE 1 GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10 11 12
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started