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Transactions Instructions Chart of Accounts Journal Instructions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable;
Transactions Instructions Chart of Accounts Journal Instructions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing; Foes Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense. Transactions Oct 1 3 10 Paid rent for the month, $2,800. Paid advertising expense, $500. Paid cash for supplies, $1,300. Purchased office equipment on account, $9,500. Received cash from customers on account, $15,500. Paid creditors on account, $3,180. Paid cash for miscellaneous expenses, $570. Paid telephone bill (utility expense) for the month, $375. Fees earned and billed to customers for the month, $50,540. Paid electricity bill (utility expense) for the month, $840. Withdrew cash for personal use, $1,900. 30 31 Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles. Transactions Instructions Chart of Accounts Journal Chart of Accounts CHART OF ACCOUNTS Concrete Consulting Co. General Ledger ASSETS 11 Cash 12 Accounts Receivable REVENUE 41 Fees Earned 13 Supplies 14 Office Equipment EXPENSES 51 Rent Expense 52 Advertising Expense 53 Utilities Expense 54 Miscellaneous Expense LIABILITIES 21 Accounts Payable EQUITY 31 Jason Payne, Capital 32 Jason Payne, Drawing Journal Journalize the above selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL ACCOUNTING EQUATION DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY
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