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Please help Accounting General Journal Need help to complete a journal, General ledger, and trial balance using the information provided below Transactions Ronald Hicks owns
Please help Accounting General Journal
Need help to complete a journal, General ledger, and trial balance using the information provided below
Transactions Ronald Hicks owns and operates Wilderness Rentals. The following accounts are needed to journalize the month's transactions. General Ledger 101 Cash in Bank 301 Ronald Hicks, Capital 105 Accts. Rec.-Helen Katz 305 Ronald Hicks, Withdrawals 110 Accts. Rec.-Polk and Co. 310 Income Summary 120 Office Equipment 401 Equipment Rental Revenue 125 Camping Equipment 501 Advertising Expense 201 Accts. Pay.-Adventure 505 Maintenance Expense Equipment Inc. 515 Rent Expense 203 Accts. Pay.-Digital Tech 520 Salaries Expense Computers 525 Utilities Expense 205 Accts. Pay.-Greg Mollaro INSTRUCTIONS Record the following transactions on page 1 of the general journal in your working papers. For each transaction: 1. Enter the date. Use the current year. 2. Enter the name of the account debited. 3. Enter the amount of the debit. 4. Enter the name of the account credited. 5. Enter the amount of the credit. 6. Enter a source document referenceStep by Step Solution
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