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need help with what to put down for parts 1 - 19 in the General Journal. thank you GL0402- Based on Problem 4-1A LO C3,
need help with what to put down for parts 1 - 19 in the General Journal. thank you
GL0402- Based on Problem 4-1A LO C3, P2, P3 on Apni 1,2017, Than Nguyen created a new travel agency, Nguyen Travel The following transactions occurred dunng the companys irst month Apr Nguyen invested $47,ee0 cash and computer equipment worth 524,eee in the company, Ap2 The company rented furnished office space by paying $2, 38a cash for the First month's (Apri1) rent. pr 3 The company purchased $1,200 of office supplies for cash. Aor :18 The company paid $2,558 cash for the premiun on s 12-nonth insurance policy. Coverage begins on April 11. Aor: 14 The company peid $1,960 cash for theo weeks salaries earned by enpleyees. Ape. 24 The company collected $18,088 cash on comnissions from airlines on tickets obtained for customers. Apr. 28 The company paid 51,968 cash for two eeks' salaries earned by employees Apr. 29 The compeny peid 9658 cesh for ninor repairs to the compeny's computer- Ape. 38 The company paid 5438 cash fon this nonth's telephone bi11. pr 38 iguyen withdrew $2,988 cesh from the compeny for personal use information for month-end adjustments follows a. Two-thirds for $160) of one month's insurance coverage has expired. b. At the end of the month, $1100 of omice supplies are stll available 1 This month's deprecaton on the computer equipment S400 d Employees eamed $784 of unpard and unrecorded salaries as of month-end e. The company earned $1,840 of commissions that are not yet billed at month-end. Requirement3ournal Income, St owners Balance Sheet Post Cloaing Prepare the required journal entries, adjusting entries, and closing entries for Nguyen Travel. ansaction list Journal entry worksheet 1-1 2 3 4 5 6 7 8 19 View transaction list Journal entry worksheet K12 3 4 56 7 8 19 > Nguyen invested $47,000 cash and computer equipment worth $24,000 in the company Note: Enter debits before credits. Debit Credit Date Apr 01 Account Title Record entry Clear entry View general joumal Prey Type here to search D. View transaction list Journal entry worksheet 2 3 45 68 19 The company rented furnished office space by paying $2,300 cash for the first month's (April) rent. Note: Enter debits before credits Date Debit Credit Account Title Apr 02 Record entry Clear entry View general joumal c Pre O Type here to search View transaction list Journal entry worksheet 23 4 5 6 819 The company purchased $1,200 of office supplies for cash. The company's policy is to initially record all prepaid and unearned items in balance sheet accounts Notes Enter debits before:46 DebitCredit Apr 03 Record entry Clear entry View general journal Prey Type here to search 0 ) View transaction list Journal entry worksheet 2 3 4 56 78 19 The company paid $2,880 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. The company's policy is to initially record all prepaid and unearned items in balance sheet accounts. Note: Enter debits befora credits. Date Account Title Debit Apr 10 Record entry Clear entry View general journal Prev Type here to search View transaction list Journal entry worksheet 4 5 67819 The company paid $1,960 cash for two weeks' salaries earned by employees. Sots: Enter debits before credits Account Title Debit Credit Apr 14 Record etry Clear entry View general joumal Pre Type here to search 0 View transaction list Journal entry worksheet The company collected $18,000 cash on commissions from airlines on tickets obtained for customers. Note: Enter debits before credits Account Title Debit Credit Apr 24 Record entry Clear entry View general journal Pr Type here to search nces View transaction list Journal entry worksheet 2 3 4 56 78 19 The company paid $1,960 cash for two weeks' salaries earned by employees. Nobe: Enter dobits before credits. Date Account Title DebitCredit Apr 28 Record entry Clear entry View general joumal View transaction list Journal entry worksheet 5 8.19 The company paid $650 cash for minor repairs to the company's computer Note: Enter debits before credits Account Title DebitCredit Apr 29 Record entry Clear entry View general journal View transaction list Journal entry worksheet .. 4567 89... 19 The company paid $400 cash for this month's telephone bill. Note: Enter debits before credits, Date Account Title Debit Credit Apr 30 Record entry Clear entry View general jounal Journal entry worksheet 10 ...19 Nguyen withdrew $2,000 cash from the company for personal use. Note: Enter debits before credits. Date Account Title Credit Apr 30 Record entry Clear entry View general journal Journal entry worksheet 6 19 Two-thirds (or $160) of one month's insurance coverage has expired. Record the required adjusting entry, if any Noter Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal Journal entry worksheet 9 10 11 12 .19 At month-end, $1,100 of supplies are still available. Record the required adjusting entry, if any Note: Enter debits before credits. Debit C Date Apr 30 Account Title Record entry Clear entry View general journal Journal entry worksheet 8 9 10 1112 1319 This month's depreciation on the computer is $400. Record the required adjusting entry, if any Note: Enter debits before credits. Account Title DebitCredit Apr 30 Record enty Clear entry View general journal e to search Journal entry worksheet 9 10 1112 13 14 . 19 Employees earned $784 of unpaid and unrecorded salaries as of month-end. Record the required adjusting entry, if any. Note: Enter debits before credits. Debi t Credit Date Account Title Apr 30 Record entry Clear entry View general journal Journal entry worksheet 10 11 12 13 14 15 19 The company earned $1,840 of commissions that are not yet billed at month- end. Record the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal Journal entry worksheet 1112 13 14 1516.... 19 Record the entry to close the revenue account(s). Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal e her e to search Journal entry worksheet .. 12 13 14 1516 17.. 19 Record the entry to close the expense account(s). Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 ..1213 14 15 16 17 18 19 Record the entry to close Income summary. Nobe: Enter debits before credits. Date Debit Credit Account Title Apr 30 Record entry Clear entry View general journal e here to search Journal entry worksheet . 12 13 141516 17 18 19 > Record the entry to close the owner's withdrawals account. Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general jourmalStep by Step Solution
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