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please I need Cash account, Account Reveivable, Prepaid Insurance, Equipment, Accounts Payable, Unearned Revenue, Bank Loan, Nightman Capital, Service Revenue, Advertisement Expense, Interest Expense Take
please I need Cash account, Account Reveivable, Prepaid Insurance, Equipment, Accounts Payable, Unearned Revenue, Bank Loan, Nightman Capital, Service Revenue, Advertisement Expense, Interest Expense
Take me to the text Monster Planes provides sight-seeing tours in vintage biplanes. The company is owned by Charlie Nightman. The dosing balances at the end of January 2016 and the chart of accounts is shown below. Monster Planes Balance Sheet As at January 31, 2016 Assets Liabilities Cash $8,000 Accounts Payable 57.400 Accounts Receivable $5.500 Uneamed Revenue 53.100 Prepaid Insurance $1.900 Bank Loan $19.900 Equipment $40,400 Total Liabilities 530,400 Owners Equity Nightman Capital 525,400 Total Liabilities & Owners Total Assets S55,800 $55,800 ouity Account Account Description Account # Account Description ASSETS 4001 5001 Cash Accounts Receivable Prepaid Insurance Equipment LIABILITIES Accounts Payable interest Payable Unearned Revenue Bank Loan OWNER'S EQUITY Nightman Capital Nightman, Drawings REVENUE 101 Service Revenue 105. EXPENSES 110 Advertising Expense 120 Insurance Expense Interest Expense 200 Telephone Expense 205 210 215 515 520 5501 300 310 During the month of February, Monster Planes had the following transactions. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation PR Debit Credit 2016 Feb 4 Cash $8,000 Nightman, Capital $8,000 Owner invested cash Feb 10 Cash $1,490 Unearned Revenue $1,490 Received deposit for future services Feb 14 Advertising Expense $410 pe here to search o Feb 14 Advertising Expense $410 Accounts Payable $410 Record advertising bill Feb 15 Interest Expense $150 Cash $150 Paid interest bill Feb 21 Accounts Receivable $2,130 Service Revenue $2.130 Provide service on account Required a) Post the journal entries to the general ledger for February 2016 b) Fill in the PR column in the journal with the proper ledger numbers If there is no entry to a particular account on a given date please leave that row blank. Do not enter commas in the input boxes Step by Step Solution
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