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Prepare a general ledger for the period ending October 31st, 2019 using the format below. Kate's Cards - General Journal Page) Credit Date Debit 1
Prepare a general ledger for the period ending October 31st, 2019 using the format below.
Kate's Cards - General Journal Page) Credit Date Debit 1 10,000 10,000 2 3 50 Account Title SEPTEMBER ENTRIES Cash Common Stock Designed brochure Consultant Expense Cash Equipment Cash Supplies Inventory Accounts Payable Designed first 5 cards 50 4 4,800 5 350 350 6 7 8 1,500 1,500 9 5,000 5,000 10 1,750 1,750 11 1,850 1,850 12 Supplies Inventory Accounts Payable Cash Sales Revenue Cost of Goods Sold Supplies Inventory Accounts Payable Cash Prepaid Insurance Insurance Expense Cash Depreciation Expense Accumulated Depreciation - Equipment Wage Expense Cash Rent Expense Cash 1,100 100 1,200 13 100 100 14 1,000 1,000 15 1,200 1,200 OCTOBER ENTRIES 1 2 450 450 3 3,500 3,500 4 250 250 5 500 500 6 200 200 7 100 100 8 1,000 hired assistant for 10$/hr Cash Teaching Revenue Cash Sales Revenue Utility Expense Cash Cash Unearned revenue Wage Expense Cash Wage Expense Cash Supplies Inventory Cash Cost of Goods Sold Supplies Inventory Depreciation Expense Accumulated Depreciation - Equipment Insurance Expense Prepaid Insurance Wage Expense Cash Rent Expense Cash Utility Expense Utility Payable Dividend Expense Cash 1,000 9 800 800 10 100 100 100 100 11 1,000 1,000 12 1,200 1,200 13 85 85 14 100 100 Kate's Cards - General Legder Cash Balance Debit Credit Date Explanation Ref. Debit Credit Sept. 1 0 0 9 0 11 0 12 0 14 0 15 0 Oct. 2 |3|4|6|4|5|6 || 0 0 0 0 0 11 0 12 0 14 0 Accounts Receivable Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 3 Supplies Inventory Balance Debit Credit Explanation Ref. Debit Credit 0 Date Sept. 5 8 10 Oct. 8 9 0 0 0 Prepaid Insurance Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 12 Oct. 10 0 Equipment Balance Debit Credit Date Explanation Ref. Debit Credit Sept. 4 Accumulated Depreciation - Equipment Balance Explanation Ref. Debit Credit Debit Credit Date Sept. 13 Oct. 10 0 Accounts Payable Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 5 8 11 0 0 Wages Payable Balance Debit Credit Date Explanation Ref. Debit Credit Oct. 7 Utilities Payable Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 13 Unearned Revenue Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 5 Common Stock Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 1 Dividends Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 14 31 Closing 0 Retained Earnings Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 31 31 0 31 0 Sales Revenue Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 9 Oct. 3 31 0 Closing 0 Teaching Revenue Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 2 31 Closing 0 Cost of Goods Sold Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 10 Oct. 9 31 Closing 0 Consulting Expense Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 3 Oct. 31 Closing 0 Insurance Expense Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 12 Oct. 10 31 0 Closing 0 Depreciation Expense - Equipment Balance Explanation Ref. Debit Credit Debit Credit Date Sept. 13 Oct. 10 0 31 Closing 0 Wages Expense Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 14 Oct. 6 7 11 0 0 0 31 Closing 0 Utilities Expense Balance Debit Credit Explanation Ref. Debit Credit Date Oct. 4 13 0 31 Closing 0 Rent Expense Balance Debit Credit Explanation Ref. Debit Credit Date Sept. 15 Oct. 12 31 0 Closing 0Step by Step Solution
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