On October 1, 20X1. Helen Kennedy opened an advertising agency DATE TRANSACTIONS Oct. 1 Helen Kennedy invested 500.000 cash in the business 2 Paid October office rent of $3,450, issued Check 1001. The company used the Prepaid Rent account 5 Purchased desks and other office furniture for $13,100 fron Office Furniture Mart, Inc., received Invoice 6704 payable in te days. 6 Issued Check 1002 for $3,650 to purchase art equipment 7 Purchased supplies for $2,000; paid with Check 1003 10 Issued Check 1004 for $410 for office cleaning service 12 Performed services for $4,550 in cash and $2.350 on credit. (Use a compound entry.) 15 Returned damaged supplies for a cash refund of $210. 11 Purchased a computer for $3,456 from orfice Furniture Mart, Inc., Invoice 7108 issued Check 1005 for a $1,975 down payment, with the balance payable in 30 days. (use one compound entry) 20 Issued Check 1006 for 56,550 to office Furniture Mart, Inc., as payment on account for Invoice 6704. 26 Performed services for $4,850 on credit 27 Paid 5230 for monthly telephone bill; issued Check 1007 30 Received $4, 150 in cash fror credit customers 3e Mailed Check 1008 to pay the monthly utility bill of $385. 30 Issued Checks 1009-1011 for $8,450 for salaries Required: 1. Journalize the above transactions. 2. Post the above transactions to the ledger accounts. Analyze: What is the balance of account 202 in the general ledger? Post the above transactions to the ledger accounts. Cash Account No. 101 Credit Balance Date Debit Accounts Receivable Date Debit Account No. 111 Credit Balance Supplies Account No. 121 Credit Balance Prepaid Rent Date Debit Account No. 134 Credit Balance Date Debit Supplies Date Account No. 121 Credit Balance Debit Prepaid Rent Date Debit Account No. 134 Credit Balance Office Equipment Date Debit Account No. 141 Credit Balance Art Equipment Date Account No. 151 Credit Balance Debit Accounts Payable Date Debit Account No. 202 Credit Balance Helen Kennedy, Capital Date Debit Account No. 301 Credit Balance Helen Kennedy, Drawing Date Debit Account No. 302 Credit Balance Fees Income Debit Account No. 401 Credit Balance Date Helen Kennedy, Drawing Date Debit Account No. 302 Credit Balance Fees Income Date Debit Account No. 401 Credit Balance Office Cleaning Expense Date Debit Account No. 511 Credit Balance Salaries Expense Date Debit Account No. 517 Credit Balance Telephone Expense Date Debit Account No. 520 Credit Balance Utilities Expense Date Debit Account No. 523 Credit Balance Complete this question by entering your answers in the tabs below. General Ledger Journal Accounts Analyze What is the balance of account 202 in the general ledger? Balance of account 202 Issued Check 1004 for $410 for office cleaning service. Note: Enter debits before credits Date General Journal Debit Credit Oct 10, 20x1 Record entry Clear entry View general journal Journal entry worksheet View transaction list Journal entry worksheet Issued Check 1008 to pay the monthly utility bill of $305. Note: Enter debits before credits Date General Journal Debit Credit Oct 30, 20X1 Record entry Clear entry View general journal View transaction list Journal entry worksheet
