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Post all transactions to the t-accounts and calculate ending balances. Make sure you post all transactions in chronological order. Date Accounts and Explanation Debit Credit
Post all transactions to the t-accounts and calculate ending balances. Make sure you post all transactions in chronological order.
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 1 | Cash | 26,700 | |
Furniture | 12,400 | ||
Common Stock | 39,100 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 1 | Prepaid Insurance | 1,900 | |
Cash | 1,900 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 4 | Office Supplies | 510 | |
Cash | 510 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 12 | Cash | 3,600 | |
Service Revenue | 3,600 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 15 | Accounts Receivable | 4,600 | |
Service Revenue | 4,600 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 18 | Salaries Expense | 2,000 | |
Cash | 2,000 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 20 | Cash | 14,400 | |
Service Revenue | 14,400 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 22 | Cash | 3,700 | |
Unearned Revenue | 3,700 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 23 | Cash | 4,600 | |
Accounts Receivable | 4,600 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 27 | Utilities Expense | 380 | |
Accounts Payable | 380 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 28 | Accounts Receivable | 600 | |
Service Revenue | 600 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 29 | Rent Expense | 1,200 | |
Cash | 1,200 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 30 | Accounts Payable | 380 | |
Cash | 380 |
Date | Accounts and Explanation | Debit | Credit |
---|---|---|---|
Dec. 31 | Dividends | 3,600 | |
Cash | 3,600 |
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