Question
Share your answer in provided table format only. NO PEN & PAPER. NO SCREENSHOTS. Extend the table if neccessary. Exercise 4-4A & 4-5A Record Jan.
Share your answer in provided table format only. NO PEN & PAPER. NO SCREENSHOTS. Extend the table if neccessary.
Exercise 4-4A & 4-5A Record Jan. 1-10 of current year transactions below. For rent and bill-payment transactions, record expenses with bill payments (assume bill is received and paid in one transaction).
ASSETS
101 Cash
142 Office Supplies
181 Office Equipment
LIABILITIES
202 Accounts Payable OWNERS EQUITY
311 Diane Bernick, Capital
312 Diane Bernick, Drawing
REVENUES
401 Consulting Fees EXPENSES
511 Wages Expense
521 Rent Expense
525 Phone Expense
533 Utilities Expense
549 Miscellaneous Expense
GENERAL JOURNAL
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E4-4A General Journal Entries (L04) Diane Bernick has opened Bernick's Consulting. Journalize the following transactions that occurred during January of the current year. Use the following journal pages: January 1-10, page 1, and January 11-29, page 2. Use the following chart of accounts: Chart of Accounts Assets 101 Cash 142 Office Supplies 181 Office Equipment Liabilities 202 Accounts Payable Owner's Equity Diane Bernick, Capital 312 Diane Bernick, Drawing 311 Revenues 401 Consulting Fees Expenses 511 Wages Expense 521 Rent Expense 525 Phone Expense 533 Utilities Expense 549 Miscellaneous Expense Jan. 1 2 3 5 8 10 11 Bernick invested cash in the business, $12,000. Paid office rent, $750. Purchased office equipment on account, $1,300. Received cash for services rendered, $950. Paid phone bill, $85. Paid for a magazine subscription (miscellaneous expense), $20. Purchased office supplies on account, $250. Made a payment on account (see Jan. 3 transaction), $200. Paid part-time employee, $600. Received cash for services rendered, $800. Paid utilities bill, $105. Bernick withdrew cash for personal use, $400. Paid part-time employee, $600. 15 18 21 25 27 29
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