journal entries

December 22, 2017 December 23, 2017 December 24, 2017 December 25, 2017 December 25, 2017 the job Jack purchases gas for the company truck at $48 and draws out $1500 from the business account since he needs to buy Christmas gifts for his family as well as pay monthly bills. Vic and Emelia work 3 hours each to clean the bank office after the Christmas Open House. Vic and Emelia work 4 hours each to clean up church after evening service and candlelight service. Wax from candles was hard to remove from the carpet and choir chairs. Jack gives the office staff and cleaning crew both Christmas and the next day a paid holiday. The customers billed on December 15, 2017 that did not take the discount wire their payments to the Deal Cleaning Corporation business account. The Lane family asks Jack to send Vic out on Friday to deep clean their kitchen tile after they saw the Smith family tile after cleaning at the Smith Christmas party, Jack negotiates a price of $1750 since its last minute and asks that the bill be paid by end of month. Vic performs the job for the Lane family by 5 pm. Since December 31 is a holiday and January 1 is a holiday, Jack instructs Linda to go ahead and prepare and pay payroll (and act as if through 31"), bill customers, pays balances on accounts, performs adjusting and closing entries, and prepare monthly financials. Jack tells Linda that he has counted $2370 in supplies. Jack gives January 1 as a holiday. The Warhawk payment is also received on December 29. Check Figures are Retained Earnings $10422 and Total Assets are $114255. December 28, 2017 December 29, 2017 December 29, 2017 December 31, 2017