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Jenny & Associates Pty Ltd was registered on 1 June 2021. Prepare the trial balance as of 30 June 2021 based on the three-column ledgers
Jenny & Associates Pty Ltd was registered on 1 June 2021.
Prepare the trial balance as of 30 June 2021 based on the three-column ledgers below.
| Cash at Bank | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 01/06/2021 | Share Capital | $50,000 | ? | |
| 08/06/2021 | Revenue | $4,000 | ? | |
| 13/06/2021 | Travel Expense | $1,500 | ? | |
| 17/06/2021 | Salary Expense | $2,000 | ? | |
| 20/06/2021 | Dividend | $3,000 | ? | |
| 23/06/2021 | Account receivable | $3,000 | ? | |
| 25/06/2021 | Equipment | $2,500 | ? | |
| 26/06/2021 | Account Payable | $3,000 | ? | |
| 30/06/2021 | Salary Expense | $2,000 | ? | |
| 30/06/2021 | Rent Expense | $3,000 | ? | |
| Accounts Receivable | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 14/06/2021 | Revenue | $3,000 | ? | |
| 18/06/2021 | Revenue | $6,000 | ? | |
| 23/06/2021 | cash | $3,000 | ? | |
| 27/06/2021 | Revenue | $5,000 | ? | |
| Equipment | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 25/06/2021 | Account Payable & Cash | $5,000 | ? | |
| Accounts Payable | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 07/06/2021 | Supplies Expense | $2,500 | ? | |
| 25/06/2021 | Equipment | $2,500 | ? | |
| 26/06/2021 | Cash | $3,000 | ? | |
| Share Capital | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 01/06/2021 | Cash | $50,000 | ? | |
| Dividend | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 20/06/2021 | Cash | $3,000 | ? | |
| Revenue | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 08/06/2021 | Cash | $4,000 | ? | |
| 14/06/2021 | Accounts Receivable | $3,000 | ? | |
| 18/06/2021 | Accounts Receivable | $6,000 | ? | |
| 27/06/2021 | Accounts Receivable | $5,000 | ? | |
| Salary Expense | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 17/06/2021 | Cash | $2,000 | ? | |
| 30/06/2021 | Cash | $2,000 | ? | |
| Rent Expense | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 30/06/2021 | Cash | $3,000 | ? | |
| Travel Expense | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 13/06/2021 | Cash | $1,500 | ? | |
| Supplies Expense | ||||
| Date | Description | Debit | Credit | Balance |
| 01/06/2021 | brought down | $0 | ||
| 07/06/2021 | Account Payable | $2,500 | ? | |
| Jenny & Associates Pty Ltd | ||
| Trial Balance | ||
| As of 30 June 2021 | ||
| Debit | Credit | |
| Cash at Bank | 40,000 | |
| Accounts Receivable | Answer | |
| Equipment | Answer | |
| Accounts Payable | Answer | |
| Share Capital | Answer | |
| Dividend | Answer | |
| Revenue | Answer | |
| Salary Expense | Answer | |
| Rent Expense | Answer | |
| Travel Expense | Answer | |
| Supplies Expense | Answer | |
| 70,000 | 70,000 | |
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