Question
Please help me! I'm begging Love City Barbershop Chart of AccountsChart of AccountsAssets 101 Cash115 Accounts Receivable - Monty120 Accounts Receivable - Jose'140 Equipment160 WithdrawalsLiabilities
Please help me! I'm begging Love City Barbershop Chart of AccountsChart of AccountsAssets 101 Cash115 Accounts Receivable - Monty120 Accounts Receivable - Jose'140 Equipment160 WithdrawalsLiabilities 205 Accounts Payable - Edwin's210 Notes Payable - Barbers Express215 Notes Payable - GMAC FinancingCapital 301 Capital - John305 Withdrawals - JohnRevenue 401 Haircut RevenueExpenses 501 Advertising Expense505 Rent Expense510 (Viya) Telephone Expense515 (WAPA) Utilities Expense515 Maintenance ExpenseOther Revenue 601 Interest RevenueSource Documents for Love City Barbershop: 6/2/2013Memo 1John invested $20,000 into company6/2/2013 Memo 2John bought two clippers for the company for $1,500. He used his personal money and does not want to be reimbursed by the company.6/2/2013Note 1Purchased three barber chairs at Barbers Express with note$5006/2/2013Note 2Purchased truck with GMAC Financing note $16,0006/2/2013 Check 101Paid rent $8006/2/2013 Check 102Bought capes $1006/3/2013 Invoice 1010Received a bill for 10,000 mileage maintenance performed on truck from Edwin's Small Motor Parts for $4756/3/2013Receipt 1001Cash received for haircuts revenue $7506/4/2013Receipt 1002Cash received for haircuts revenue $3806/5/2013Check 103Paid Barbers Express note payment of $456/6/2013Invoice 701Billed customer Monty $650 for haircuts6/7/2013Invoice 702Performed haircuts for customer Jose for $975. Amount due in30 days6/8/2013Check 104Paid WAPA bill of $756/9/2013Check 105Paid VIYA bill of $256/10/2013Check 106Paid GMAC Financing note payment of $2006/11/2013Check 107Paid $80 of the $475 owed to Edwin's Small Motor Parts6/12/2013Check 108Paid $115 for painting the office6/13/2013Bk StmtInterest earned on the checking account is $356/15/2013Check 109VI Consortium cost for the monthly advertising is $4456/20/2013Check 110John paid his personal apartment rent of $1,000 Directions: Refer to the attached source documents Love City Barbershop used during the month of June. Use the accounting paper provided to journalize the entries, and then fill in the table below.
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