J8 fx Credit A B C D E F G H 8 Date 9 10 11 12 Apr 1 13 14 15 Apr 2 Rent Alc-Dr 16 Apr 1 Cash Alc. - Dr Accounts and Explanation to Jack Zeeman Capital Alc. Investment of owner Insurance Payable Alc-Dr to prepaid insurance Alc. Paid insurance premium for six-month April - September To cash Alc. Account No. Debit Credit 90,000 90,000 9,000 9,000 40,000 40,000 17 Paid lodge and campgrounds rent for April 18 Apr 2 Registration fee Alc-Dr 35,000 19 To cash Alc. 35,000 20 Deposited Registration Fees 21 Apr 2 Fishing Boats Alc-Dr 60,000 22 To Accounts Payable 60,000 23 Purchased 10 fishing boats, life 5yrs, payment due in July 24 Apr 3 Food Supplies Alc - Dr 7,000 25 To Accounts Payable 7,000 26 Purchased food supplies on account-Acme Super Market 27 Apr 5 Office Supplies Alc-Dr 28 To Gordan Office Supplies Alc 500 500 29 Purchased office supplies on account-Bordon Office Supplies 30 Apr 7 Registration Fee Alc-Dr 38,600 31 To cash Alc. 38,600 32 Deposited Registration Fees 33 Apr 10 Food Supplies Alc-Dr 8,200 34 To Acme super market 8,200 35 Purchased food supplies on account-Acme Super Market 36 Apr 10 Wages Alc-Dr 10,000 37 To cash Alc. 10,000 38 Paid wages to fishing guides 39 Apr 14 Registration fee Alc-Dr 30,500 40 To cash Alc. 30,500 41 Deposited Registration Fees 42 Apr 16 Food Supplies Alc-Dr 9,000 43 To Acme super market 44 Purchased food supplies on account-Acme Super Market 9,000 45 Apr 17 Wages Alc-Dr 10,000 46 To cash Alc. 10,000 J83 A B C D E F G H 47 49 50 Paid postage 45 Apr 17 Wages Alc-Dr 46 To cash Alc. Paid wages to fishing guides 48 Apr 18 Postage Alc-Dr 51 Apr 21 Registration fee Alc-Dr 10,000 10,000 150 To cash Alc. 150 35,600 52 To cash Alc. 35,600 53 Deposited Registration Fees 54 Apr 24 Wages Alc-Dr 10,000 55 To cash Alc. 10,000 56 Purchased food supplies on account-Acme Super Market 57 Apr 24 61 62 58 59 60 Apr 28 Registration fee Alc-Dr To cash Alc. 63 Apr 29 Wages Alc-Dr 64 To cash Alc. Paid wages to fishing guides Deposited Registration Fees 32,000 32,000 10,000 10,000 65 Paid wages to fishing guides 66 Apr 30 Food supplies Alc-Dr 6,000 67 To Acme Super Market Alc. 6,000 68 Purchased food supplies on account-Acme Super Market 69 Apr 30 Acme Super Market Alc-Dr 32,700 70 To cash Alc. 32,700 71 Paid on account-Acme Super Market 72 Apr 30 Utilities Bill Alc-Dr 2,000 73 To cash Alc. 2,000 74 Paid utilities bill 75 Apr 30 Phone Bill Alc-Dr 1,200 76 77 To cash Alc. Paid phone bill 1,200 79 80 81 82 78 Apr 30 Jack Zeeman Capital Alc-Dr To Jack Zeeman Drawing Alc. Owner withdrew cash 6,000 6,000 83 483,450 483,450 Check figure 491,950 491,950 84 K22 2000 D 1 Requirement 4 2 STEP 1: Prepare the end-of-month closing entries for April 30. For help, refer to pages 169-174 in your textbook/eBook. Trans# (cl1) Close revenue account (c2) Close Expense accounts (cl3) Close Income Summary account (cl4) Close Smith, Withdrawals 10 STEP 2: Post closing entries in the WORKSHEET-POST CLOSING tab. 11 12 13 14 15 Date Trans General Ledger Account Description 16 Apr 30 (d1) Food Supplies Alc-Dr 17 To Acme Super Market 18 19 20 Apr 30 (cl2) Acme Super Market Alc-Dr To Cah Alc. Uslites Bill Alc-Dr To cash Alc General Ledger Account No. Debit Credit 6,000 6,000 32.700 32,700 2,000 2,000 21 22 23 24 25 26 27 28 29 Apr 30 (C3) Phone Bill Alc-Dr To Cash Alc. 1,200 1,200 30 Apr 30 (c14) Jack Zeeman Capital Alc-Dr 6,000 31 To Jack Zeeman Drawing Alc. 6,000 32 Total Debits and Credits 47,900 47,900 33 34 Check Figure 340,400 349,400 35 36 37 39 40 Instructions for Req 1 Reg 1 T-ACCOUNTS Req 2 WORKSHEET Instructions for Beq 3 B C D E F G H 1 WORKSHEET-POST CLOSING 3 After posting end-of-month closing entries, go to Req 5 tab. 1234567 8 9 10 Cash 11 Office Supplies 12 Food Supplies Account Names Hook & Sinker Resort Worksheet-Post Closing April 30, 20-- Adjusted Trial Balance Debit Credit . " Trans# 13 Prepaid Insurance 14 Fishing Boats 15 Accumulated Depreciation-Fishing Boats 16 Accounts Payable 17 Wages Payable 18 Jack Zeeman, Capital 19 Jack Zeeman, Drawing 20 Income Summary 21 Registration Fees 22 Wages Expense 23 Rent Expense 24 Office Supplies Expense 25 Food Supplies Expense 26 Phone Expense) 27 Utilities Expense 28 Insurance Expense 29 Postage Expense 30 Depreciation Expense-Fishing Boats 31 32 33 34 35 36 37 38 39 . " . - Closing Adjustments Debit Credit Trans# Post Trial Balance Debit Credit - . (C4) (C13) - (c12,c13) (cl1) (C4) (cl1) - (c2) (c2) (c2) - (c2) - (c12) (c12) - (c12) - (c2) (c2) Check figures: 329,700 329,700 349,400 349,400 206,250 206,250