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Instructions Rocky Mountain Tours Co. is a travel agency. The nine transactions recorded by Rocky Mountain Tours during June 20Y2, its first month of operations,
Instructions Rocky Mountain Tours Co. is a travel agency. The nine transactions recorded by Rocky Mountain Tours during June 20Y2, its first month of operations, are indicated in the following T accounts: Cash 6/1 35,000 6/2 2,700 6/11 8,300 6/3 4,500 6/5 4,700 6/9 5,200 6/25 2,500 Accounts Receivable 6/8 14,000 6/11 8,300 Supplies 6/2 2,700 6/15 1,100 Equipment 6/3 14,900 Accounts Payable 6/9 5,200 6/3 Common Stock 6/1 Dividends 10,400 35,000 Instructions 6/8 14,000 6/11 8,300 Supplies 6/2 2,700 6/15 1,100 Equipment 6/3 14,900 Accounts Payable 6/9 5,200 6/3 10,400 Common Stock 6/1 35,000 Dividends 6/25 2,500 Service Revenue 6/8 Operating Expenses 6/5 4,700 6/15 1,100 14,000 Based upon the T accounts provided, prepare the nine journal entries from which the postings were made. Enter the transactions in chronological order. Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts CHART OF ACCOUNTS Rocky Mountain Tours Co. General Ledger ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Equipment REVENUE 41 Service Revenue EXPENSES 51 Operating Expenses Journal X Based upon the T accounts provided, prepare the nine journal entries from which the postings were made. Enter the transactions in chronological order. Refer to the Chart of Accounts for exact wording of account titles. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 DATE DESCRIPTION JOURNAL PAGE 1 ACCOUNTING EQUATION LIABILITIES EQUITY POST. REF. DEBIT CREDIT ASSETS
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