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Trolly Tour provides sight - seeing tours in a large city. The company is owned by Alex Boyle. The closing balances at the end of
Trolly Tour provides sightseeing tours in a large city. The company is owned by Alex Boyle. The closing balances at the end of August and the chart of accounts is shown below.
Trolly Tour
Balance Sheet
As at August
Assets Liabilities
Cash $ Accounts Payable $
Accounts Receivable $ Unearned Revenue $
Prepaid Insurance $ Bank Loan $
Equipment $ Total Liabilities $
Owners' Equity
Boyle, Capital $
Total Assets $ Total Liabilities & Owners' Equity $
Account Description Account # Account Description Account #
ASSETS REVENUE
Cash Service Revenue
Accounts Receivable EXPENSES
Prepaid Insurance Advertising Expense
Equipment Insurance Expense
LIABILITIES Interest Expense
Accounts Payable Telephone Expense
Interest Payable
Unearned Revenue
Bank Loan
OWNER'S EQUITY
Boyle, Capital
Boyle, Withdrawals
During the month of September, Trolly Tour had the following transactions.
Do not enter dollar signs or commas in the input boxes.
Date Account Title and Explanation PR Debit Credit
Sep Cash Answer
$
Boyle, Capital Answer
$
Owner invested cash
Sep Cash Answer
$
Unearned Revenue Answer
$
Received deposit for future services
Sep Insurance Expense Answer
$
Accounts Payable Answer
$
Record insurance bill
Sep Interest Expense Answer
$
Cash Answer
$
Paid interest bill
Sep Accounts Receivable Answer
$
Service Revenue Answer
$
Provide service on account
Â
 Required
a Post the journal entries to the general ledger for September
b Fill in the PR column in the journal with the proper ledger numbers.
If there is no entry to a particular account on a given date, please leave that row blank.
Do not enter commas in the input boxes.
Account: Cash GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
Answer
Sep J Answer
Answer
Answer
Answer
Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Accounts Receivable GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
Answer
Sep J Answer
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Answer
Answer
Sep J Answer
Answer
Answer
Answer
Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Prepaid Insurance GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
Answer
Sep J Answer
Answer
Answer
Answer
Sep J Answer
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Answer
Answer
Sep J Answer
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Answer
Answer
Sep J Answer
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Sep J Answer
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Account: Equipment GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
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Sep J Answer
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Answer
Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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AnswerAccount: Accounts Payable GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
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Sep J Answer
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Answer
Sep J Answer
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Answer
Answer
Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Unearned Revenue GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
Answer
Sep J Answer
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Answer
Answer
Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Bank Loan GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Boyle, Capital GL No
Date Description PR DR CR Balance
Sep Opening Balance Answer
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Sep J Answer
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Answer
Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Service Revenue GL No
Date Description PR DR CR Balance
Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Sep J Answer
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Account: Insurance Expense GL No
Date Description PR DR CR Balance
Sep J Answer
Answer
Answer
Answer
Sep J An
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Practical Management Science
Authors: Wayne L. Winston, Christian Albright
5th Edition
1305631540, 1305631544, 1305250907, 978-1305250901
