journal Entries General Journal Always list the Debit item first. Debit Date Accounts Credit The following transactions took place during April April 1 Parrot invested cash in business, $100,000. 1 Paid insurance premium for seven-month camping season, $14,000. 2 Paid rent for lodge and campgrounds for the month of April, $25,000. 2 Deposited registration fees, $32,000. 2 Purchased 10 fishing boats on account for $45,000. The boats have estimated useful lives of five years, at which time they will be donated to a local day camp. Arrangements were made to pay for the boats in August. 3 Purchased food supplies from Wendy's Food Market on account, $5,000. 5 Purchased office supplies from Petersons Office Supplies on account, $1250. 7 Deposited registration fees, $48,300. 10 Purchased food supplies from Wendy's Market on account, $7,200. 10 Paid wages to fishing guides, $9,500. 14 Deposited registration fees, $34,500. 16 Purchased food supplies from Wendy's Super Market on account, $9,200. 17 Paid wages to fishing guides, $9,500. 18 Paid postage, $275. 21 Deposited registration fees, $35,600. 24 Purchased food supplies from Acme Super Market on account, $8,500. 24 Paid wages to fishing guides, $10,000. 28 Deposited registration fees, $41,000. 29 Paid wages to fishing guides, $9,500. 29 Paid wages to fishing guides, $9,500. 30 Purchased food supplies from Wendy's Super Market on account, $6,300. 30 Paid Wendys Super Market on account, $32,700. 30 Paid utilities bill, $2,750. 30 Paid phone bill, $1,350. 30 Polly Parrot withdrew cash for personal use, $5,500. This is the total of all your entries. If it Column Totals does not match the next line you have 493,225 ote Check figure journals that are posted incorrectly. Note 493,225 this check figure is arbitrary and it will not Difference (493,225) (493,225) balance to any other numbers in this If this total is more than 0, then you problem. have transactions that do not balance. Hint: if either of these red numbers can be divided by 9 evenly you probably have a transposition error meaning you entered 18 instead of 81