Somebody please help with making a general ledger!!

please help with making general ledger

Credit Balance S6,260.00 Trey's Fast Cleaning Service Trial Balance November 30, 20- Account Debit Account Number Balance Cash 101 $23,529.07 Petty Cash 105 625.00 Accounts Receivable 110 15,219.00 Cleaning Supplies 141 14,467.50 Office Supplies 142 9,561.00 Office Equipment 181 31,821.00 Accumulated Depreciation Office Equipment 181.1 Vehicles 188 79,479.00 Accumulated Depreciation Vehicles 188,1 Accounts Payable 201 Trey Anderson, Capital Trey Anderson, Drawing 312 72,912 32 Service Revenise 401 Advertising Expense 512 1,983.21 Rent Expense 521 24,513.00 Salary Expense 522 30,229.00 Telephone Expense 525 1,735.07 Charitable Contributions Expense 534 1,531.00 Insurance Expense 535 6,934.00 Vehicles Expense 538 9,526.00 Miscellaneous Expense 549 2,35802 Totals: $326,42319 29,415.00 1,985.69 71,627.00 311 217,135.50 5326,423.19 hp U O T indicate by a check mark on the check stub dat the information has been entered Mark the bill Paid indicate the date of payment and the check number and place the bill in the general file behind the guide for File No Perry Cash Vouchers and Paid Icones Thursday, December 1 1 Paid the rent for the month of December with Check No. 468 for $2.150 Trey's Fast Cleaning Servicerents the offices from Newbery's Realty. According to the terms of the lease, the rent is payable in advance on the first of each month Complete Check Stob No. 46 including the date of the check the name of the payee (tht one to whom the check is payable), the purpose of the check, and the number of the account to which payment is to be charged. (Account numbers, ther than accountries should be used since very little space is provided on the wtub In the case of some of the checks that follow, more than one account dition to the cash account involved) Write the amount of the check in the amount column of the stab and wubtract it from the balance brought forward entering the new balance on the balance carried forwaru (BAL CRD FWD) Carry the new balance forward to Check Stub No: 469 Write the check and your name Detach the check and place it in the general file behind the puide for File No 5- Outrom Papers From the information on the check tub, make the required entry on page 1 of the general al Do not post to the leder wirected to do so Indicate that the transaction has been entered in the real journal by placing a check mark on the checks to the night of the account mamber 3. Recened a check (Form No. 3) for $1.410 from Collin Connor, a client for services billed on November 17 Detach Conno check and enter it in the general journal by debiting Cash Account No 101, and by aediting Accounts Recevable Account No 110 for $1.410 (Note Deposits we made weekly, 10 individual receipts of cash are not recorded on the checkstubs this point) After entering the transaction in the general journal, the following notation should be made on Connons statement "Receved on 131. Check No. 100 Place the check in the green file behind the rude for File No 1-Incoming Cheeks 2 d Check No. 469 in the most of 513102 to the Noel Electrice Company payment of its till der December 9 for electrical Anderson's residence The bill (Form No. 2) is reproduced in the Forms book. Note that Anda approved the payment. However, it relates to service Anderson's home the wwe cou (No 312) to be debited Detach the bill, fill in Check Stub No 169, deduce the amount from the po balance, and the sew balance on the balance came forward le CHAL CRD FWD) Write the check detached to the detached oth of the electric bill and place both in the general file behind de puide for File No. From the information on the checks make the required in the general mand 4 Issued Check No. 470 in the amount of 581 9710 the YAC Telephon Company in payment of the November telephone bill (Form No 4). The bill was recested November 28 und recorded Accounts Payable on that dan Friday, December 2 5 Recereed $832 in cash from Ruth Franco, 134 Lindo Bhd, Frufield, NY 11793, for services rendered December Franco had not been billed for this work Accordingly, you should use the client statement prouded in the For book and show achar of $532 for de wervices and not thereon "Recened 12:24 Sign your name below this notation Enter the transaction in the real journal 6 Purch office supplies from Topper Supply Co for $461 cc This transaction should be and in die el you 7 Received a check (Form No 19) for $510 from Financial Planning for provided (billed on November 22) hp) 8 O This transaction should be entered in the eneral journal during November (Form No 12. Voucher No. 339) Because the amount mall and the same each month, Trey records the expense in the month paid Should be charged to Muscellaneous Expense Account No. 549 & laud Check No. 471 for $1,674 to Computer World in payment of office equipment perit, invoice of December 2 (Form No 20) Saturday, December 3 9 Recewed from Brandon Scala, 1244 Timberwood Curcle, Willow Meadow, NY 11759. 52.183 in cash for services rendered 10. Petformed cleaning services for Klyn and Stanford 1 Windsor Deve, Melille, NY 11747 and billed Klyn and Stanford 51.954 for the services performed A statement should be prepared for the client. Enter the transaction in the general journal by debiting Accounts Recenable Account No. 110, and crediting Service Reveme, Account No 401, for $1.954 15 Recenved a check (Form No 13) for $1.230 from Financial Planning a clan, for services billed on November 20 This transaction is similar to Transaction 3 and should be entered in the same manner with similar notation on the client's statement 16. Pand the Postal Service S25 50 from the petty cash find for an enemight delesery The se petty cash voucher (Form No 14) should be designated Voucher No 340 Charge the payment to the miscellaneous expense account Place it in the general file behind the guide for File No. 2 17. Issued Check No, 472 for $229 50 in payment of the voice received from Reliable Supplies for supplies purchased on account last month (Form No. 15) The check should be written and placed in the reneral file behind the guide for File No. 5 Mark the invoice "Pard, and indicate the date of payment and the check number and place the invoice in the general file behind the guide for File No. 2 11 Anderson agreed to clean Very Fine Antiques for $1.375 per month. The company is located 101 27 DuPont Road, East Hills, NY 11741 A check (Form No. 7) for $700 was received from the company as a depout Credit Service Revenue for $700 because the work will be completed before the end of December The receipt of the check should be entered in the general journal Since Anderson is using the statement forms, prepare one for Very Fine Antiques No charge should be shown on the statement form. Instead, make the notation "Received deposit of $700, 123. Se your name below. When the first regular billing is made the $700 already received will be shown on the bill as a payment 12 Reimbursed Anderson 51130 from the petty cash fund for a long-distance call made while away from the office (Form No. 24. Voucher No. 342) This is a telephone expense 13. Purchased cleaning supplies from Olympus Supplies for S201 25 on account 18. Reimbursed Anderson 558.70 from the petty cash fund for the amount spent yesterday for gas for the van (Form No 16. Voucher No 341) Should be charged to Account No. 538 19 led Check No 473 for $184.45 to Suanse Cleaning Supplies in payment of cleaning supplies (Form No. 17) purchased December 20. Recened a check (Form No 18) for $720 from Litman Realty in full settlement for services rendered and billed on November 27 The transactions similar to Transactions and should be entered in the same manner with a similar station on the client's statement Monday, December 5 14. Paid Community Beacon Joumal $15.70 from the petty cash fund for newspapers delivered daily hp AD Tuesday, December 6 21 Recewed a check from Star Haulage, a client for $4.125 (Form No. 5) for services lilled on November 15 The check should be detached and entered in the general joumal by debuting Cash and crediting Accounts Recenable for $4 125 After entering the transaction in the general journal, the following notation should be made on the office copy of the Star Haulage statement Received on 12/3. Check No 214 Thursday, December 8 27. Recerved a check (Form No 21) for $2.910 from the law firm Klys and Stanford for services rendered and billed on December 3 The transaction should be entered in the peneral journal and the chi's statement should be updated to note the collection 28 Inwed Check No. 475 to the Security Safe Deposit Co, for $25 m payment of the bill for annual rental of a safe deposit box (Form No 22) Because the amount to small. Trey records the expense in the month and should be charged to Miscellaneous Expense, Account No 549 22. Received $549 in cash from Sea View Para, 400 Mam Street Medford, NY 11721. for services rendered on December 6 This transactions similar to Transactions and should be handled in the same manner 23. Issued Check No 474 for $821 to the Summer Leasing Co in payment of December's for a leased van wed by Anderson for business purposes Review of Anderson's chart of accounts shows that this expenditure should be charged to Vehicles Expense Account No 538 29. Issued Check No. 476 for $40 to the Professional Cleaners' Durest in payment of the annual scription fee (Form No. 23) Anderson consider this expenditure to be professional expense. Because the amount is mall. Trey records the expenses the month pad. It should be charged to Miscellaneous expense, Account No 549 24. On Anderson's instruction, $150 from the petty cash fund was even to a Make a Wish Foundation solido The approved pesty cash voucher (Form No 6) should be dested Voucher No 337 Place in the general file behind the pude for File No. 2 Petry Cash Vouchers (No Enter the appropriate sco number on the line "Chure to the correct account number for this transactions 534) Friday, December 9 30 Reunbursed Anderson S10.50 from the petty cash fund for the expense of having the man washed The approved petty cash voucher (Form Na ) would be dested Voucher No. 338 Since Andere we the exclusively for professional purposes, all expenses incurred in connection with its use should be cured to Vehicles Expense, Account No. 538 31. Received a check (Form No 9) for $1.640 from Triple), a client, for vers ces billed on November 20 This transactions similar to Transaction and should be entered in the same manner with a similar notation the client's statement Wednesday, December 7 25. Reimbursed Anderson S12 from the petty cash fiind for a parkfee Form No 25. Voucher No 343) This is a vehicle expense. 26. Cleaned an apartment complex for Shore To Shore Realty, 670 Dogwood Place, Ribay, NY 11766, and billed the form $1,900 for the services performed The transaction is similar to Transaction 10 and should be handled accordingly. 32. Issued Check No 47 payment of the statement received from Freddy's Auto Repair (Form No 10) for work done December 1 Thes sehidle expense should be recorded now that the bill has been recensed The check should be written and placed in the general file, bend the ruide for File No 5. Mark the statement Paid and indicate the date of payment and the check mmber and place hp 8 0 9 0 0 o the statement in the general file behind the general for File No. 2 33. Received a check (Form No. 11) for $1.420 from Western Quad 1053 Washington Circle Bellport, NY 17732. for services rendered on December 3 This transactions similar to Transaction 5 and should be handled in the same marine (2) Proceed as follows in computing cash account balance Balance, November 30 $23.529.07 Add receipts since November 30 19.129.00 Total $42.658.07 Les checks drawn since November 30 5.723.46 Balance, December 10 $36.91.61 Verify the amount by comparison with the check stub balance (3) Complete the individual posting from the Debit and Credit columns of the general journal (4) Foot the amount columns of the petty cash payments record and enter the footings in pencil immediately below the line on which the last entry appears. Prove the footings by determining that the sum of the footings of the distributor columns is equal to the footing of the Total Amount column Saturday, December 10 34. Received a check (Form No 26) for 5900 from Rockland Mortgage Co. a client in partial settlement of our bill dated November 22 This transaction similar to previous collections on billings made in November except that in this case, the notation on the client's statement should read: "Recerved $900 in partial settlement, 12/10., Check No SIS." (2062) 35 Issued Check No 478 for $300 to Anderson for personal use END OF THE WEEK WORK (1) Deposit all currency (53,564) and the checks received since December 1 Use one of the deposit tickets provided in the Forms book Endorse the checks in accordance with Anderson's instructions. Consult your instructor as to how deposits are to be handled. If a school bank is operated deposits may be handled though it in which case the deposit ticket together with the checks, should be placed in the general file behind the ruide for File No. 5 Be sure to enter the amount of the deposit on the checkbook stub No 479 hp 4 Credit Balance Debit Balance $23,529.07 625.00 15,219.00 14,467.50 9,561.00 31,821.00 $6,260,00 79,479.00 Trey's Fast Cleaning Service Trial Balance November 30, 20- Account Account Number Cash 101 105 Petty Cash Accounts Receivable 110 Cleaning Supplies 141 Office Supplies 142 Office Equipment 181 Accumulated Depreciation Office Equipment 181.1 Vehicles 188 Accumulated Depreciation Vehicles 188.1 Accounts Payable 201 Trey Anderson, Capital 311 Trey Anderson, Drawing 312 Service Revenue 401 Advertising Expense 512 Rent Expense 521 522 Salary Expense 525 Telephone Expense Charitable Contributions Expense 534 Insurance Expense 535 538 Vehicles Expense 549 Miscellaneous Expense Totals: 29,415.00 1,985.69 71,627.00 72,91232 217,135.50 1.983.21 24,513,00 30,229.00 1,735.07 1,531.00 6,934.00 9,526.00 2,358.02 $326,423.19 $326,423.19 op Thursday, December 1 indicate by a check mark on the check stub that Paid the rent for the month of December with the information has been entered Check No. 468 for $2,150 Mark the bill "Paid," indicate the date of Trey's Fast Cleaning Service rents the offices payment and the check number and place the bill from Newberry's Realty. According to the terms in the general file behind the guide for File No of the lease, the rent is payable in advance on the Petty Cash Vouchers and Paid Invoices first of each month Complete Check Stub No 468 including 3. Received a check (Form No 3) for $1,410 from the date of the check, the name of the payee (the Collin Connors, a client, for services billed on one to whom the check is payable), the purpose November 17 of the check, and the number of the account to Detach Connors' check and enter it in the which payment is to be charged (Account general journal by debiting Cash, Account No. numbers, rather than account titles, should be 101, and by crediting Accounts Receivable, used since very little space is provided on the Account No. 110 for $1.410. stub In the case of some of the checks that (Note: Deposits are made weekly. 30 follow, more than one account in addition to the individual receipts of cash are not recorded on the cash account is involved) Write the amount of check stubs at this point) the check in the amount column of the stub and After entering the transaction in the general subtract it from the balance brought forward journal, the following notation should be made on entering the new balance on the balance carried Connors' statement "Received on 121- Check forward line ("BAL CRD FWD"). Carry the new No 100" balance forward to Check Stub No 469 Place the check in the general file behind the Write the check and sign your name Detach guide for File No 1-Incoming Checks. the check and place it in the general file behind the guide for File No. 5- Outgoing Papers 4. Issued Check No 470 in the amount of $81.97 to From the information on the check stub, the YAC Telephone Company in payment of the make the required entry on page 1 of the general November telephone bill (Form No 4) The bill journal Do not post to the ledger until instructed was received November 28 and recorded in to do so. Indicate that the transaction has been Accounts Payable on that date entered in the general journal by placing a check mark on the check stub to the right of the account Friday, December 2 number 5. Recerved $832 in cash from Ruth Franco, 134 2 Issued Check No 469 in the amount of $131.02 Lindon Blvd., Fairfield, NY 11793, for services rendered December 2 to the Noel Electric Company in payment of its bill due December 9 for electric service at Franco had not been billed for this work. Anderson's residence. Accordingly, you should use the client statements The bill (Form No. 2) is reproduced in the provided in the Forms book and show a charge of 5832 for cleaning services and note thereon Forms book. Note that Anderson has approved "Received on 12/2" Sign your name below this the payment. However, since it relates to service at Anderson's home, the drawing account (No. notation. Enter the transaction in the general 312) is to be debited Detach the bill, fill in Check journal 6. Purchased office supplies from Topper Supply Stub No. 469, deduct the amount from the Co for $461 on account previous balance, and enter the new balance on the balance carried forward line ("BAL CRD This transaction should be entered in the FWD") general journal Write the check, detach it, clip it to the 7. Received a check (Form No. 19) for $510 from detached stub of the electric bill, and place both Financial Platining for services provided (billed in the general file behind the guide for File No. 5. on November 22) From the information on the check stub, make the required entry in the general journal and This transaction should be entered in the general journal 8. Issued Check No. 471 to $1.674 to Computer World in payment of office equipment per it invoice of December 2 (Form No 20) Saturday, December 3 9. Received from Brandon Scala, 1244 Timberwood Circle, Willow Meadow, NY 11759, 82,183 in cash for services rendered 10. Performed cleaning services for Klyn and Stanford, 1 Windsor Drive, Melville, NY 11747. and billed Klyn and Stanford $1.954 for the services performed A statement should be prepared for the client. Enter the transaction in the general journal by debiting Accounts Receivable, Account No 110, and crediting Service Revenue, Account No. 401, for $1,954. 11. Anderson agreed to clean Very Fine Antiques for $1,375 per month. The company is located at 101-27 DuPont Road, East Hills, NY 11741. A check (Form No. 7) for $700 was received from the company as a deposit Credit Service Revenue for $700 because the work will be completed before the end of December The receipt of the check should be entered in the general journal Since Anderson is using the statement forms, prepare one for Very Fine Antiques. No charge should be shown on the statement form. Instead, make the notation: "Received deposit of $700, 12/3/." Sign your name below. When the first regular billing is made the $700 already received will be shown on the bill as a payment 12. Reimbursed Anderson $11.30 from the petty cash fund for a long distance call made while away from the office (For No 24, Voucher No. 342) This is a telephone expense 13. Purchased cleaning supplies from Olympia Supplies for $201.25 on account Monday, December 5 14. Paid Community Beacon Journal S15.70 from the petty cash fund for newspapers delivered daily during November (Form No. 12. Voucher No. 339) Because the amount is small and the same each month, Trey records the expense in the month paid Should be charged to Miscellaneous Expense, Account No. 549. 15. Received a check (Form No. 13) for $1.230 from Financial Planning a client, for services billed on November 20 This transaction is similar to Transaction 3 and should be entered in the same manner with a similar notation on the client's statement 16. Paid the Postal Service 525 50 from the petty cash fund for an overnight delivery The signed petty cash voucher (Form No 14) should be designated Voucher No 340 Charge the payment to the miscellaneous expense account Place it in the general file behind the guide for File No. 2 17. Issued Check No. 472 for $229 50 in payment of the invoice received from Reliable Supplies for supplies purchased on account last month (Form No. 15). The check should be written and placed in the general file behind the guide for File No. 5. Mark the invoice "Pard, and indicate the date of payment and the check number and place the invoice in the general file behind the guide for File No. 2 18. Reimbursed Anderson $58.70 from the petty cash fund for the amount spent yesterday for gas for the van (Form No 16, Voucher No 341) Should be charged to Account No. 538 19. Issued Check No. 473 for $184.45 to Sunrise Cleaning Supplies in payment of cleaning supplies (Form No 17) purchased December 5. 20. Received a check (Form No 18) for $720 from Litman Realty in full settlement for services rendered and billed on November 27 The transaction is similar to Transaction 3 and should be entered in the same manner with a sumilar notation on the client's statement Tuesday, December 6 21 Received a check from Star Haulage, a client, for $4,125 (Form No. 5) for services billed on November 15 The check should be detached and entered in the general journal by debiting Cash and crediting Accounts Receivable for $4,125. After entering the transaction in the general journal, the following notation should be made on the office copy of the Star Haulage statement "Received on 122- Check No. 214" 22. Received $549 in cash from Sea View Plaza, 400 Main Street, Medford, NY 11721, for services rendered on December 6. This transaction is similar to Transaction 5 and should be handled in the same manner Thursday, December 8 27. Received a check (Form No. 21) for $2.910 from the law firm Klyn and Stanford for services rendered and billed on December 3 The transaction should be entered in the general journal and the client's statement should be updated to note the collection 28. Issued Check No. 475 to the Security Safe Deposit Co. for $25 in payment of the bill for annual rental of a safe-deposit box (Form No 22). Because the amount is small, Trey records the expense in the month paid. Should be charged to Miscellaneous Expense, Account No. 549. 29. Issued Check No. 476 for $40 to the Professional Cleaners' Digest in payment of the annual subscription fee (Form No. 23). Anderson considers this expenditure to be a professional expense. Because the amount is small. Trey records the expense in the month paid. It should be charged to Miscellaneous expense, Account No. 549 23. Issued Check No. 474 for $821 to the Summerset Leasing Co in payment of December's rent for a leased van used by Anderson for business purposes Review of Anderson's chart of accounts shows that this expenditure should be charged to Vehicles Expense, Account No. 538 24. On Anderson's instruction, $150 from the petty cash fund was given to Make a Wish Foundation solicitor The approved petty cash voucher (Form No. 6) should be designated Voucher No. 337 Place it in the general file behind the guide for File No. 2 Petty Cash Vouchers (Note: Enter the appropriate account number on the line "Charge to." The correct account number for this transaction is 534.) Friday, December 9 30. Reimbursed Anderson $10.50 from the petty cash fund for the expense of having the van washed The approved petty cash voucher (Form No. 8) should be designated Voucher No. 338 Since Anderson uses the van exclusively for professional purposes, all expenses incurred in connection with its use should be charged to Vehicles Expense, Account No. 538. Wednesday, December 7 25. Reimbursed Anderson S12 from the petty cash fund for a parking fee (Form No 25. Voucher No. 343). This is a vehicle expense. 26. Cleaned an apartment complex for Shore To Shore Realty, 670 Dogwood Place, Riverbay, NY 11766, and billed the firm $1,900 for the services performed This transaction is similar to Transaction 10 and should be handled accordingly 31 Received a check (Form No. 9) for $1.640 from Triple J, a client for services billed on November 20 This transaction is similar to Transaction 3 and should be entered in the same manner with a sirnilar notation on the client's statement 32. Issued Check No. 477 in payment of the statement received from Freddy's Auto Repair (Form No. 10) for work done December 1. This vehicle expense should be recorded now that the bill has been received The check should be written and placed in the general file, behind the guide for File No. 5. Mark the statement "Paid." and indicate the date of payment and the check number and place the statement in the general file behind the general for File No. 2 33. Received a check (Form No. 11) for $1.420 from Western Quad, 1053 Washington Circle, Bellport, NY 17732, for services rendered on December 3. This transaction is similar to Transaction 5 and should be handled in the same manner. Saturday, December 10 34. Received a check (Form No. 26) for $900 from Rockland Mortgage Co. a client, in partial settlement of our bill dated November 22 This transaction is similar to previous collections on billings made in November except that, in this case, the notation on the client's statement should read: "Received $900 in partial settlement, 12/10 - Check No. 515." (20-62), 35. Issued Check No. 478 for $300 to Anderson for personal use. END OF THE WEEK WORK (1) Deposit all currency (53,564) and the checks received since December 1. Use one. Of the deposit tickets provided in the Forms book Endorse the checks in accordance with Anderson's instructions Consult your instructor as to how deposits are to be handled. If a school bank is operated, deposits may be handled through it in which case the deposit ticket, together with the checks, should be placed in the general file behind the guide for File No. 5. Be sure to enter the amount of the deposit on the checkbook stub No 479 (2) Proceed as follows in computing cash account balance Balance, November 30 $23,529.07 Add receipts since November 30...... 19.129.00 Total $42,658.07 Less checks drawn since November 30 5.723.46 Balance, December 10 $36.934.61 Verify the amount by comparison with the check stub balance (3) Complete the individual posting from the Debit and Credit columns of the general journal (1) Foot the amount columns of the petty cash payments record and enter the footings in pencil immediately below the line on which the last entry appears. Prove the footings by determining that the sum of the footings of the distributor columns is equal to the footing of the Total Amount column Credit Balance S6,260.00 Trey's Fast Cleaning Service Trial Balance November 30, 20- Account Debit Account Number Balance Cash 101 $23,529.07 Petty Cash 105 625.00 Accounts Receivable 110 15,219.00 Cleaning Supplies 141 14,467.50 Office Supplies 142 9,561.00 Office Equipment 181 31,821.00 Accumulated Depreciation Office Equipment 181.1 Vehicles 188 79,479.00 Accumulated Depreciation Vehicles 188,1 Accounts Payable 201 Trey Anderson, Capital Trey Anderson, Drawing 312 72,912 32 Service Revenise 401 Advertising Expense 512 1,983.21 Rent Expense 521 24,513.00 Salary Expense 522 30,229.00 Telephone Expense 525 1,735.07 Charitable Contributions Expense 534 1,531.00 Insurance Expense 535 6,934.00 Vehicles Expense 538 9,526.00 Miscellaneous Expense 549 2,35802 Totals: $326,42319 29,415.00 1,985.69 71,627.00 311 217,135.50 5326,423.19 hp U O T indicate by a check mark on the check stub dat the information has been entered Mark the bill Paid indicate the date of payment and the check number and place the bill in the general file behind the guide for File No Perry Cash Vouchers and Paid Icones Thursday, December 1 1 Paid the rent for the month of December with Check No. 468 for $2.150 Trey's Fast Cleaning Servicerents the offices from Newbery's Realty. According to the terms of the lease, the rent is payable in advance on the first of each month Complete Check Stob No. 46 including the date of the check the name of the payee (tht one to whom the check is payable), the purpose of the check, and the number of the account to which payment is to be charged. (Account numbers, ther than accountries should be used since very little space is provided on the wtub In the case of some of the checks that follow, more than one account dition to the cash account involved) Write the amount of the check in the amount column of the stab and wubtract it from the balance brought forward entering the new balance on the balance carried forwaru (BAL CRD FWD) Carry the new balance forward to Check Stub No: 469 Write the check and your name Detach the check and place it in the general file behind the puide for File No 5- Outrom Papers From the information on the check tub, make the required entry on page 1 of the general al Do not post to the leder wirected to do so Indicate that the transaction has been entered in the real journal by placing a check mark on the checks to the night of the account mamber 3. Recened a check (Form No. 3) for $1.410 from Collin Connor, a client for services billed on November 17 Detach Conno check and enter it in the general journal by debiting Cash Account No 101, and by aediting Accounts Recevable Account No 110 for $1.410 (Note Deposits we made weekly, 10 individual receipts of cash are not recorded on the checkstubs this point) After entering the transaction in the general journal, the following notation should be made on Connons statement "Receved on 131. Check No. 100 Place the check in the green file behind the rude for File No 1-Incoming Cheeks 2 d Check No. 469 in the most of 513102 to the Noel Electrice Company payment of its till der December 9 for electrical Anderson's residence The bill (Form No. 2) is reproduced in the Forms book. Note that Anda approved the payment. However, it relates to service Anderson's home the wwe cou (No 312) to be debited Detach the bill, fill in Check Stub No 169, deduce the amount from the po balance, and the sew balance on the balance came forward le CHAL CRD FWD) Write the check detached to the detached oth of the electric bill and place both in the general file behind de puide for File No. From the information on the checks make the required in the general mand 4 Issued Check No. 470 in the amount of 581 9710 the YAC Telephon Company in payment of the November telephone bill (Form No 4). The bill was recested November 28 und recorded Accounts Payable on that dan Friday, December 2 5 Recereed $832 in cash from Ruth Franco, 134 Lindo Bhd, Frufield, NY 11793, for services rendered December Franco had not been billed for this work Accordingly, you should use the client statement prouded in the For book and show achar of $532 for de wervices and not thereon "Recened 12:24 Sign your name below this notation Enter the transaction in the real journal 6 Purch office supplies from Topper Supply Co for $461 cc This transaction should be and in die el you 7 Received a check (Form No 19) for $510 from Financial Planning for provided (billed on November 22) hp) 8 O This transaction should be entered in the eneral journal during November (Form No 12. Voucher No. 339) Because the amount mall and the same each month, Trey records the expense in the month paid Should be charged to Muscellaneous Expense Account No. 549 & laud Check No. 471 for $1,674 to Computer World in payment of office equipment perit, invoice of December 2 (Form No 20) Saturday, December 3 9 Recewed from Brandon Scala, 1244 Timberwood Curcle, Willow Meadow, NY 11759. 52.183 in cash for services rendered 10. Petformed cleaning services for Klyn and Stanford 1 Windsor Deve, Melille, NY 11747 and billed Klyn and Stanford 51.954 for the services performed A statement should be prepared for the client. Enter the transaction in the general journal by debiting Accounts Recenable Account No. 110, and crediting Service Reveme, Account No 401, for $1.954 15 Recenved a check (Form No 13) for $1.230 from Financial Planning a clan, for services billed on November 20 This transaction is similar to Transaction 3 and should be entered in the same manner with similar notation on the client's statement 16. Pand the Postal Service S25 50 from the petty cash find for an enemight delesery The se petty cash voucher (Form No 14) should be designated Voucher No 340 Charge the payment to the miscellaneous expense account Place it in the general file behind the guide for File No. 2 17. Issued Check No, 472 for $229 50 in payment of the voice received from Reliable Supplies for supplies purchased on account last month (Form No. 15) The check should be written and placed in the reneral file behind the guide for File No. 5 Mark the invoice "Pard, and indicate the date of payment and the check number and place the invoice in the general file behind the guide for File No. 2 11 Anderson agreed to clean Very Fine Antiques for $1.375 per month. The company is located 101 27 DuPont Road, East Hills, NY 11741 A check (Form No. 7) for $700 was received from the company as a depout Credit Service Revenue for $700 because the work will be completed before the end of December The receipt of the check should be entered in the general journal Since Anderson is using the statement forms, prepare one for Very Fine Antiques No charge should be shown on the statement form. Instead, make the notation "Received deposit of $700, 123. Se your name below. When the first regular billing is made the $700 already received will be shown on the bill as a payment 12 Reimbursed Anderson 51130 from the petty cash fund for a long-distance call made while away from the office (Form No. 24. Voucher No. 342) This is a telephone expense 13. Purchased cleaning supplies from Olympus Supplies for S201 25 on account 18. Reimbursed Anderson 558.70 from the petty cash fund for the amount spent yesterday for gas for the van (Form No 16. Voucher No 341) Should be charged to Account No. 538 19 led Check No 473 for $184.45 to Suanse Cleaning Supplies in payment of cleaning supplies (Form No. 17) purchased December 20. Recened a check (Form No 18) for $720 from Litman Realty in full settlement for services rendered and billed on November 27 The transactions similar to Transactions and should be entered in the same manner with a similar station on the client's statement Monday, December 5 14. Paid Community Beacon Joumal $15.70 from the petty cash fund for newspapers delivered daily hp AD Tuesday, December 6 21 Recewed a check from Star Haulage, a client for $4.125 (Form No. 5) for services lilled on November 15 The check should be detached and entered in the general joumal by debuting Cash and crediting Accounts Recenable for $4 125 After entering the transaction in the general journal, the following notation should be made on the office copy of the Star Haulage statement Received on 12/3. Check No 214 Thursday, December 8 27. Recerved a check (Form No 21) for $2.910 from the law firm Klys and Stanford for services rendered and billed on December 3 The transaction should be entered in the peneral journal and the chi's statement should be updated to note the collection 28 Inwed Check No. 475 to the Security Safe Deposit Co, for $25 m payment of the bill for annual rental of a safe deposit box (Form No 22) Because the amount to small. Trey records the expense in the month and should be charged to Miscellaneous Expense, Account No 549 22. Received $549 in cash from Sea View Para, 400 Mam Street Medford, NY 11721. for services rendered on December 6 This transactions similar to Transactions and should be handled in the same manner 23. Issued Check No 474 for $821 to the Summer Leasing Co in payment of December's for a leased van wed by Anderson for business purposes Review of Anderson's chart of accounts shows that this expenditure should be charged to Vehicles Expense Account No 538 29. Issued Check No. 476 for $40 to the Professional Cleaners' Durest in payment of the annual scription fee (Form No. 23) Anderson consider this expenditure to be professional expense. Because the amount is mall. Trey records the expenses the month pad. It should be charged to Miscellaneous expense, Account No 549 24. On Anderson's instruction, $150 from the petty cash fund was even to a Make a Wish Foundation solido The approved pesty cash voucher (Form No 6) should be dested Voucher No 337 Place in the general file behind the pude for File No. 2 Petry Cash Vouchers (No Enter the appropriate sco number on the line "Chure to the correct account number for this transactions 534) Friday, December 9 30 Reunbursed Anderson S10.50 from the petty cash fund for the expense of having the man washed The approved petty cash voucher (Form Na ) would be dested Voucher No. 338 Since Andere we the exclusively for professional purposes, all expenses incurred in connection with its use should be cured to Vehicles Expense, Account No. 538 31. Received a check (Form No 9) for $1.640 from Triple), a client, for vers ces billed on November 20 This transactions similar to Transaction and should be entered in the same manner with a similar notation the client's statement Wednesday, December 7 25. Reimbursed Anderson S12 from the petty cash fiind for a parkfee Form No 25. Voucher No 343) This is a vehicle expense. 26. Cleaned an apartment complex for Shore To Shore Realty, 670 Dogwood Place, Ribay, NY 11766, and billed the form $1,900 for the services performed The transaction is similar to Transaction 10 and should be handled accordingly. 32. Issued Check No 47 payment of the statement received from Freddy's Auto Repair (Form No 10) for work done December 1 Thes sehidle expense should be recorded now that the bill has been recensed The check should be written and placed in the general file, bend the ruide for File No 5. Mark the statement Paid and indicate the date of payment and the check mmber and place hp 8 0 9 0 0 o the statement in the general file behind the general for File No. 2 33. Received a check (Form No. 11) for $1.420 from Western Quad 1053 Washington Circle Bellport, NY 17732. for services rendered on December 3 This transactions similar to Transaction 5 and should be handled in the same marine (2) Proceed as follows in computing cash account balance Balance, November 30 $23.529.07 Add receipts since November 30 19.129.00 Total $42.658.07 Les checks drawn since November 30 5.723.46 Balance, December 10 $36.91.61 Verify the amount by comparison with the check stub balance (3) Complete the individual posting from the Debit and Credit columns of the general journal (4) Foot the amount columns of the petty cash payments record and enter the footings in pencil immediately below the line on which the last entry appears. Prove the footings by determining that the sum of the footings of the distributor columns is equal to the footing of the Total Amount column Saturday, December 10 34. Received a check (Form No 26) for 5900 from Rockland Mortgage Co. a client in partial settlement of our bill dated November 22 This transaction similar to previous collections on billings made in November except that in this case, the notation on the client's statement should read: "Recerved $900 in partial settlement, 12/10., Check No SIS." (2062) 35 Issued Check No 478 for $300 to Anderson for personal use END OF THE WEEK WORK (1) Deposit all currency (53,564) and the checks received since December 1 Use one of the deposit tickets provided in the Forms book Endorse the checks in accordance with Anderson's instructions. Consult your instructor as to how deposits are to be handled. If a school bank is operated deposits may be handled though it in which case the deposit ticket together with the checks, should be placed in the general file behind the ruide for File No. 5 Be sure to enter the amount of the deposit on the checkbook stub No 479 hp 4 Credit Balance Debit Balance $23,529.07 625.00 15,219.00 14,467.50 9,561.00 31,821.00 $6,260,00 79,479.00 Trey's Fast Cleaning Service Trial Balance November 30, 20- Account Account Number Cash 101 105 Petty Cash Accounts Receivable 110 Cleaning Supplies 141 Office Supplies 142 Office Equipment 181 Accumulated Depreciation Office Equipment 181.1 Vehicles 188 Accumulated Depreciation Vehicles 188.1 Accounts Payable 201 Trey Anderson, Capital 311 Trey Anderson, Drawing 312 Service Revenue 401 Advertising Expense 512 Rent Expense 521 522 Salary Expense 525 Telephone Expense Charitable Contributions Expense 534 Insurance Expense 535 538 Vehicles Expense 549 Miscellaneous Expense Totals: 29,415.00 1,985.69 71,627.00 72,91232 217,135.50 1.983.21 24,513,00 30,229.00 1,735.07 1,531.00 6,934.00 9,526.00 2,358.02 $326,423.19 $326,423.19 op Thursday, December 1 indicate by a check mark on the check stub that Paid the rent for the month of December with the information has been entered Check No. 468 for $2,150 Mark the bill "Paid," indicate the date of Trey's Fast Cleaning Service rents the offices payment and the check number and place the bill from Newberry's Realty. According to the terms in the general file behind the guide for File No of the lease, the rent is payable in advance on the Petty Cash Vouchers and Paid Invoices first of each month Complete Check Stub No 468 including 3. Received a check (Form No 3) for $1,410 from the date of the check, the name of the payee (the Collin Connors, a client, for services billed on one to whom the check is payable), the purpose November 17 of the check, and the number of the account to Detach Connors' check and enter it in the which payment is to be charged (Account general journal by debiting Cash, Account No. numbers, rather than account titles, should be 101, and by crediting Accounts Receivable, used since very little space is provided on the Account No. 110 for $1.410. stub In the case of some of the checks that (Note: Deposits are made weekly. 30 follow, more than one account in addition to the individual receipts of cash are not recorded on the cash account is involved) Write the amount of check stubs at this point) the check in the amount column of the stub and After entering the transaction in the general subtract it from the balance brought forward journal, the following notation should be made on entering the new balance on the balance carried Connors' statement "Received on 121- Check forward line ("BAL CRD FWD"). Carry the new No 100" balance forward to Check Stub No 469 Place the check in the general file behind the Write the check and sign your name Detach guide for File No 1-Incoming Checks. the check and place it in the general file behind the guide for File No. 5- Outgoing Papers 4. Issued Check No 470 in the amount of $81.97 to From the information on the check stub, the YAC Telephone Company in payment of the make the required entry on page 1 of the general November telephone bill (Form No 4) The bill journal Do not post to the ledger until instructed was received November 28 and recorded in to do so. Indicate that the transaction has been Accounts Payable on that date entered in the general journal by placing a check mark on the check stub to the right of the account Friday, December 2 number 5. Recerved $832 in cash from Ruth Franco, 134 2 Issued Check No 469 in the amount of $131.02 Lindon Blvd., Fairfield, NY 11793, for services rendered December 2 to the Noel Electric Company in payment of its bill due December 9 for electric service at Franco had not been billed for this work. Anderson's residence. Accordingly, you should use the client statements The bill (Form No. 2) is reproduced in the provided in the Forms book and show a charge of 5832 for cleaning services and note thereon Forms book. Note that Anderson has approved "Received on 12/2" Sign your name below this the payment. However, since it relates to service at Anderson's home, the drawing account (No. notation. Enter the transaction in the general 312) is to be debited Detach the bill, fill in Check journal 6. Purchased office supplies from Topper Supply Stub No. 469, deduct the amount from the Co for $461 on account previous balance, and enter the new balance on the balance carried forward line ("BAL CRD This transaction should be entered in the FWD") general journal Write the check, detach it, clip it to the 7. Received a check (Form No. 19) for $510 from detached stub of the electric bill, and place both Financial Platining for services provided (billed in the general file behind the guide for File No. 5. on November 22) From the information on the check stub, make the required entry in the general journal and This transaction should be entered in the general journal 8. Issued Check No. 471 to $1.674 to Computer World in payment of office equipment per it invoice of December 2 (Form No 20) Saturday, December 3 9. Received from Brandon Scala, 1244 Timberwood Circle, Willow Meadow, NY 11759, 82,183 in cash for services rendered 10. Performed cleaning services for Klyn and Stanford, 1 Windsor Drive, Melville, NY 11747. and billed Klyn and Stanford $1.954 for the services performed A statement should be prepared for the client. Enter the transaction in the general journal by debiting Accounts Receivable, Account No 110, and crediting Service Revenue, Account No. 401, for $1,954. 11. Anderson agreed to clean Very Fine Antiques for $1,375 per month. The company is located at 101-27 DuPont Road, East Hills, NY 11741. A check (Form No. 7) for $700 was received from the company as a deposit Credit Service Revenue for $700 because the work will be completed before the end of December The receipt of the check should be entered in the general journal Since Anderson is using the statement forms, prepare one for Very Fine Antiques. No charge should be shown on the statement form. Instead, make the notation: "Received deposit of $700, 12/3/." Sign your name below. When the first regular billing is made the $700 already received will be shown on the bill as a payment 12. Reimbursed Anderson $11.30 from the petty cash fund for a long distance call made while away from the office (For No 24, Voucher No. 342) This is a telephone expense 13. Purchased cleaning supplies from Olympia Supplies for $201.25 on account Monday, December 5 14. Paid Community Beacon Journal S15.70 from the petty cash fund for newspapers delivered daily during November (Form No. 12. Voucher No. 339) Because the amount is small and the same each month, Trey records the expense in the month paid Should be charged to Miscellaneous Expense, Account No. 549. 15. Received a check (Form No. 13) for $1.230 from Financial Planning a client, for services billed on November 20 This transaction is similar to Transaction 3 and should be entered in the same manner with a similar notation on the client's statement 16. Paid the Postal Service 525 50 from the petty cash fund for an overnight delivery The signed petty cash voucher (Form No 14) should be designated Voucher No 340 Charge the payment to the miscellaneous expense account Place it in the general file behind the guide for File No. 2 17. Issued Check No. 472 for $229 50 in payment of the invoice received from Reliable Supplies for supplies purchased on account last month (Form No. 15). The check should be written and placed in the general file behind the guide for File No. 5. Mark the invoice "Pard, and indicate the date of payment and the check number and place the invoice in the general file behind the guide for File No. 2 18. Reimbursed Anderson $58.70 from the petty cash fund for the amount spent yesterday for gas for the van (Form No 16, Voucher No 341) Should be charged to Account No. 538 19. Issued Check No. 473 for $184.45 to Sunrise Cleaning Supplies in payment of cleaning supplies (Form No 17) purchased December 5. 20. Received a check (Form No 18) for $720 from Litman Realty in full settlement for services rendered and billed on November 27 The transaction is similar to Transaction 3 and should be entered in the same manner with a sumilar notation on the client's statement Tuesday, December 6 21 Received a check from Star Haulage, a client, for $4,125 (Form No. 5) for services billed on November 15 The check should be detached and entered in the general journal by debiting Cash and crediting Accounts Receivable for $4,125. After entering the transaction in the general journal, the following notation should be made on the office copy of the Star Haulage statement "Received on 122- Check No. 214" 22. Received $549 in cash from Sea View Plaza, 400 Main Street, Medford, NY 11721, for services rendered on December 6. This transaction is similar to Transaction 5 and should be handled in the same manner Thursday, December 8 27. Received a check (Form No. 21) for $2.910 from the law firm Klyn and Stanford for services rendered and billed on December 3 The transaction should be entered in the general journal and the client's statement should be updated to note the collection 28. Issued Check No. 475 to the Security Safe Deposit Co. for $25 in payment of the bill for annual rental of a safe-deposit box (Form No 22). Because the amount is small, Trey records the expense in the month paid. Should be charged to Miscellaneous Expense, Account No. 549. 29. Issued Check No. 476 for $40 to the Professional Cleaners' Digest in payment of the annual subscription fee (Form No. 23). Anderson considers this expenditure to be a professional expense. Because the amount is small. Trey records the expense in the month paid. It should be charged to Miscellaneous expense, Account No. 549 23. Issued Check No. 474 for $821 to the Summerset Leasing Co in payment of December's rent for a leased van used by Anderson for business purposes Review of Anderson's chart of accounts shows that this expenditure should be charged to Vehicles Expense, Account No. 538 24. On Anderson's instruction, $150 from the petty cash fund was given to Make a Wish Foundation solicitor The approved petty cash voucher (Form No. 6) should be designated Voucher No. 337 Place it in the general file behind the guide for File No. 2 Petty Cash Vouchers (Note: Enter the appropriate account number on the line "Charge to." The correct account number for this transaction is 534.) Friday, December 9 30. Reimbursed Anderson $10.50 from the petty cash fund for the expense of having the van washed The approved petty cash voucher (Form No. 8) should be designated Voucher No. 338 Since Anderson uses the van exclusively for professional purposes, all expenses incurred in connection with its use should be charged to Vehicles Expense, Account No. 538. Wednesday, December 7 25. Reimbursed Anderson S12 from the petty cash fund for a parking fee (Form No 25. Voucher No. 343). This is a vehicle expense. 26. Cleaned an apartment complex for Shore To Shore Realty, 670 Dogwood Place, Riverbay, NY 11766, and billed the firm $1,900 for the services performed This transaction is similar to Transaction 10 and should be handled accordingly 31 Received a check (Form No. 9) for $1.640 from Triple J, a client for services billed on November 20 This transaction is similar to Transaction 3 and should be entered in the same manner with a sirnilar notation on the client's statement 32. Issued Check No. 477 in payment of the statement received from Freddy's Auto Repair (Form No. 10) for work done December 1. This vehicle expense should be recorded now that the bill has been received The check should be written and placed in the general file, behind the guide for File No. 5. Mark the statement "Paid." and indicate the date of payment and the check number and place the statement in the general file behind the general for File No. 2 33. Received a check (Form No. 11) for $1.420 from Western Quad, 1053 Washington Circle, Bellport, NY 17732, for services rendered on December 3. This transaction is similar to Transaction 5 and should be handled in the same manner. Saturday, December 10 34. Received a check (Form No. 26) for $900 from Rockland Mortgage Co. a client, in partial settlement of our bill dated November 22 This transaction is similar to previous collections on billings made in November except that, in this case, the notation on the client's statement should read: "Received $900 in partial settlement, 12/10 - Check No. 515." (20-62), 35. Issued Check No. 478 for $300 to Anderson for personal use. END OF THE WEEK WORK (1) Deposit all currency (53,564) and the checks received since December 1. Use one. Of the deposit tickets provided in the Forms book Endorse the checks in accordance with Anderson's instructions Consult your instructor as to how deposits are to be handled. If a school bank is operated, deposits may be handled through it in which case the deposit ticket, together with the checks, should be placed in the general file behind the guide for File No. 5. Be sure to enter the amount of the deposit on the checkbook stub No 479 (2) Proceed as follows in computing cash account balance Balance, November 30 $23,529.07 Add receipts since November 30...... 19.129.00 Total $42,658.07 Less checks drawn since November 30 5.723.46 Balance, December 10 $36.934.61 Verify the amount by comparison with the check stub balance (3) Complete the individual posting from the Debit and Credit columns of the general journal (1) Foot the amount columns of the petty cash payments record and enter the footings in pencil immediately below the line on which the last entry appears. Prove the footings by determining that the sum of the footings of the distributor columns is equal to the footing of the Total Amount column