Section C Directions: In the two-column general journal page below, each capital letter represents a part of a journal entry. Indicate with the proper letter next to the item in the list below where that part ofthe journal entry belongs. (1 point each)

GENERAL JOURNAL o

1. Explanation

2. Ledger account number of account debited

3. Amount ofdebit

4. Day of the month

5. Ledger account number of account credited

6. Title of account debited

7. Year

8. Title ofaccount credited

9. Amount of credit

10. Month Section D Esther Chai owns Chai's Accounting Services. She provides accounting services for small businesses and charges her clients consulting fees for the services she performs for them. Esther has a part-time accounting clerk who enters the information into the computerized general ledger. The company's chart of accounts is as follows:

Assets Revenue

100 Cash

120 Accounts Receivable

130 Office Supplies

140 Computer Equipment

400 Consulting Fees

145 Computer Software Expenses

510 Wages Expense Liabilities

520 Rent Expense

200 Accounts Payable

530 Utilities Expense Owner's Equity

300 E. Chai, Capital

310 E. Chai,

Drawing Directions: Enter the following transactions in the general journal provided on the next page. (30 points total) March 1 Because the company's cash was getting low, Esther Chai invested $4,500 additional cash in her business.

6 Purchased office supplies on account, $750.

7 Paid office rent for the month, $900.

14 Completed consulting work for a client, who agreed to pay the $2,750 fee by the end of the month.