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pdfFiller. O X TPD | Job ( x Gun Mayh: X G schoology X S Class Activ X Schoology X $ Schoolog achment/1851505521/docviewer HIS entries
pdfFiller. O X TPD | Job ( x Gun Mayh: X G schoology X S Class Activ X Schoology X $ Schoolog achment/1851505521/docviewer HIS entries regarding its January 201 / transactions. Required a. Set up the following accounts (use the balance column format) entering the opening balances brought forward from the end of last month, December 31, 2016: Cash (101) $850; Accounts Receivable (106) $300; Equipment (167) $1,500; Accounts Payable (201) $325; Toshi Sato, Capital (301) $2,325; Toshi Sato, Withdrawals (302) $300; Revenue (401) $1,800; and Salaries Expense (622) $1,500. b. Post the journal entries to the accounts and enter the balance after each posting. Page 127 General Joumal Page 1 Date Account Titles and Explanation PR Dobit Credit 2017 Jan. 1 Cash.. 3.500 Toshi Sato, Capital. 3.500 Additional owner Investment 12 Accounts Receivable ... q,000 Revenue 9,000 Performed work for a customer on account 20 Equipment. 12.000 Accounts Payable 10.000 Cash. 2.000 Purchased equipment by paying cash and the balance on credit 31 Cash. 5.000 Accounts Receivable 5.000 Collected cash from credit customer 31 Salaries Expense 3.000 Cash. 3.000 Pald month-end salaries. 31 Toshi Sato, Withdrawals 750 Cash ...... 750 P N O f
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