PR 5-5A All journals and general ledger; trial balance OBJ. 2 The transactions completed by Fleetfoot Courier Company during December, the first month of the fiscal year, were as follows: Dec. 1. Issued Check No. 610 for December rent, $5,260. 2. Issued Invoice No. 940 to Clifford Co., $2,180. 3. Received check for $6,010 from Ryan Co. in payment of account. 5. Purchased a vehicle on account from Platinum Motors, $46,700. 6. Purchased office equipment on account from Austin Computer Co., $5,630. 6. Issued Invoice No. 941 to Ernesto Co., $4,850. 9. Issued Check No. 611 for fuel expense, $750. 10. Received check from Sing Co. in payment of $5,060 invoice. 10. Issued Check No. 612 for $410 to Office To Go Inc. in payment of invoice. 10. Issued Invoice No. 942 to Joy Co., $2,470. 11. Issued Check No. 613 for $3,870 to Essential Supply Co. in payment of account. 11. Issued Check No. 614 for $630 to Porter Co. in payment of account. 12. Received check from Clifford Co. in payment of $2,180 invoice of December 2. 13. Issued Check No. 615 to Platinum Motors in payment of $46,700 balance of December 5. 16. Issued Check No. 616 for $49,830 for cash purchase of a vehicle. 16. Cash fees earned for December 1-16, $25,420. 17. Issued Check No. 617 for miscellaneous administrative expense, $630. 18. Purchased maintenance supplies on account from Essential Supply Co., $2,190. 19. Purchased the following on account from McClain Co.: maintenance supplies, $1,880; office supplies, $470. 20. Issued Check No. 618 in payment of advertising expense, $2,230. 20. Used $4,010 maintenance supplies to repair delivery vehicles. 23. Purchased office supplies on account from Office To Go Inc., $500. 24. Issued Invoice No. 943 to Sing Co., $7,640. 24. Issued Check No. 619 to S. Holmes as a personal withdrawal, $3,760. 25. Issued Invoice No. 944 to Ernesto Co., $6,920. 25. Received check for $5,130 from Ryan Co. in payment of balance. 26. Issued Check No. 620 to Austin Computer Co. in payment of $5,630 invoice of December 6. 30. Issued Check No. 621 for monthly salaries as follows: driver salaries, $21,160; office salaries, $8,890. Dec. 31. Cash fees earned for December 1731, $23,660. 31. Issued Check No. 622 in payment for office supplies, $430. Instructions 1. Enter the following account balances in the general ledger as of December 1: 11 Cash $202,430 32 S. Holmes, Drawing 12 Accounts Receivable 16,200 41 Fees Earned 14 Maintenance Supplies 13,580 51 Driver Salaries Expense 15 Office Supplies 6,130 52 Maintenance Supplies Exp. 16 Office Equipment 35,680 53 Fuel Expense 17 Accum. Depr.-Office Equip. 8,640 61 Office Salaries Expense 18 Vehicles 120,070 62 Rent Expense 19 Accum. Depr.- Vehicles 63 Advertising Expense 21 Accounts Payable 4,910 64 Miscellaneous Administrative Expense 31 S. Holmes, Capital 362,140 2. Journalize the transactions for December, using the following journals similar to those illustrated in this chapter: cash receipts journal (p. 31), purchases journal (p. 37, with columns for Accounts Payable, Maintenance Supplies, Office Supplies, and Other Accounts), single- column revenue journal (p. 35), cash payments journal (p. 34), and two-column general journal (p. 1). Assume that the daily postings to the individual accounts in the accounts payable subsidiary ledger and the accounts receivable subsidiary ledger have been made. 3. Post the appropriate individual entries to the general ledger. 4. Total each of the columns of the special journals and post the appropriate totals to the general ledger; insert the account balances. 5. Prepare a trial balance. 18,400