Jeff Boulton General Journal Page: Date 2003 Particulars P.R. Debit Credit Closing Entries 2 3 Mar 31 Sales Revenue 401 28,950.00 3 In come Summary 310 28.950.00 4 5 5 6 31 Income Summary 310 30.636.63 6 Sales Returns 402 1,380.00 7 Sales Discounts 103 557.18 9 Cost of Goods Sold 501 12,182.00 9 10 Advertising Expense 501 1,069.20 10 11 Bad Debt Expense 505 540.26 11 12 Car Expense 610 1,479.60 12 13 Dep. Expense - Furniture 615 1,649.12 13 14 Dep. Expense - Equipment 616 969.84 14 15 Dep. Expense - Truck 621 125.49 15 16 Freight-out 525 690.00 16 17 Insurance Expense 630 1,108.33 17 18 Interest Expense 535 693.00 18 19 Inventory Shortage 640 940.00 19 19 Loss on Sale of Assets 645 3,123.50 19 20 Maintenance Expense 650 1,436.40 20 21 Miscellaneous Expense 655 464.40 21 22 Rent Expense 670 358.33 |22 23 Supplies Expense 675 120.00 23 24 Utilities Expense 680 1,750.00 24 25 25 26 31 J. Boulton, Capital 301 1,686.63 26 27 Income Summary 310 1,686.63 27 28 28 29 31 J. Boulton, Capital 301 2,760.00 29 30 J. Boulton, Drawings 305 2,760.00 30