Unfortunately the tutor who took on the assignment only copy and pasted the same answers I found on a course hero page that did no match my questions. This assignment is due on Saturday but am wanting to turn in a little sooner. Thanks!

QUESTION NUMBER #4 QUESTION NUMBER #5 QUESTION NUMBER #7 QUESTION NUMBER #8 QUESTION NUMBER #9 \fQUESTION #5 FULL SCREENSHOTS QUESTION #7 FULL SCREENSHOTS QUESTION #9 QUESTION #10 QUESTION #11 QUESTION #12 Requirement 3 & 4: Account Title Cash Prepaid Insurance Food Supplies Office Supplies Fishing Boat Accumulated Depreciation - Fishing Boat Accounts Payable Wages Payable Bob Night, Capital Bob Night, Drawings Registration Fees Postage Expenses Rent Expenses Telephone Expenses Utilities Expenses Wages Expenses Office Supplies Expenses Food Supplies Expenses Insurance Expenses Depreciation Expenses - Fishing Boat Total Net Income Trial Balance Debit Credit 130,650 9,000 38,700 500 60,000 66,500 90,000 6,000 171,700 150 40,000 1,200 2,000 40,000 328,200 328,200 The General's Favorite Fishing Hole Work Sheet For the Month Ended April 30, Adjustments Debit Credit ### ### 1,500 ### 30,700 ### 400 ### ### 1,000 ### 500 ### ### ### ### ### 500 400 30,700 1,500 1,000 34,100 34,100 Favorite Fishing Hole ork Sheet th Ended April 30, Adjusted Trial Balance Debit Credit 130,650 7,500 8,000 100 60,000 1,000 66,500 500 90,000 6,000 171,700 150 40,000 1,200 2,000 40,500 400 30,700 1,500 1,000 329,700 329,700 Income Statement Debit Credit 171,700 150 40,000 1,200 2,000 40,500 400 30,700 1,500 1,000 117,450 54,250 171,700 171,700 171,700 Balance Sheet Debit Credit 130,650 7,500 8,000 100 60,000 1,000 66,500 500 90,000 6,000 212,250 212,250 158,000 54,250 212,250 Requirement 5: General Journal Date a) b) c) d) e) Description Office Supplies Expenses Office Supplies (500 - 100) Post. Ref. Debit 523 142 Page 5 Credit 400 400 Food Supplies Expenses Food Supplies (38,700 - 8,000) 524 144 30,700 Insurance Expenses Prepaid Expenses 535 145 1,500 542 181.1 1,000 Depreciation Expenses - Fishing Boat Accumulated Depreciation - Fishing Boat Wages Expenses Wages Payable 511 219 30,700 1,500 1,000 500 500 Requirement 6: General Ledger Office Supplies Account Date Item 29-Apr 30-Apr Adjusting Account Date Item Account Date Item Item Account Item Account J5 Post. Ref. Debit J5 Account No. 145 Balance Credit Debit Credit 9,000 1,500 7,500 Post. Ref. Debit J5 Post. Ref. Debit J5 Account No. 181.1 Balance Credit Debit Credit 1,000 1,000 Account No. 219 Balance Credit Debit Credit 500 500 Wages Expenses Item 29-Apr 30-Apr Adjusting Account Date Debit Wages Payable 30-Apr Adjusting Date Post. Ref. Account No. 144 Balance Credit Debit Credit 38,700 30,700 8,000 Accumulated Depreciation - Fishing Boat 30-Apr Adjusting Date J5 Prepaid Insurance 29-Apr 30-Apr Adjusting Account Debit Food Supplies 30-Apr 30-Apr Adjusting Date Post. Ref. Account No. 142 Balance Credit Debit Credit 500 400 100 Post. Ref. J5 Debit Credit 500 Office Supplies Expenses Item Post. Ref. Debit Credit Account No. 511 Balance Debit Credit 40,000 40,500 Account No. 523 Balance Debit Credit 30-Apr Adjusting Account Date Item Account Date 400 Post. Ref. J5 Debit Credit Account No. 524 Balance Debit Credit 30,700 Credit Account No. 535 Balance Debit Credit 1,500 30,700 Insurance Expenses Item 30-Apr Adjusting Account 400 Food Supplies Expenses 30-Apr Adjusting Date J5 Post. Ref. J5 Debit 1,500 Depreciation Expenses - Fishing Boat Item 30-Apr Adjusting Post. Ref. J5 Debit 1,000 Credit Account No. 542 Balance Debit Credit 1,000 Requirement 10: General Journal Date Description 30-Apr Registration Fees Income Summary Page 5 Post. Ref. Debit Credit 401 171,700 313 171,700 30-Apr Income Summary Postage Expenses Rent Expenses Telephone Expenses Utilities Expenses Wages Expenses Office Supplies Expenses Food Supplies Expenses Insurance Expenses Depreciation Expenses - Fishing Boat 313 536 521 525 533 511 523 524 535 542 117,450 30-Apr Income Summary Bob Night, Capital 313 311 54,250 30-Apr Bob Night, Capital Bob Night, Drawings 311 312 6,000 150 40,000 1,200 2,000 40,500 400 30,700 1,500 1,000 54,250 6,000 Requirement 11: General Ledger Bob Night, Capital Account Date Item 1-Apr 30-Apr Closing 30-Apr Closing Post. Ref. J5 J5 Account Date Item Post. Ref. Income Summary Item 30-Apr Closing 30-Apr Closing 30-Apr Closing Post. Ref. J5 J5 J5 Account Item 117,450 54,250 Post. Ref. J5 Account Debit 171,700 Wages Expenses Item 30-Apr 30-Apr Closing Post. Ref. Debit J5 Account Date Debit Account No. 312 Balance Credit Debit Credit 6,000 6,000 - Account No. 313 Balance Credit Debit Credit 171,700 171,700 54,250 - Registration Fees 28-Apr 30-Apr Closing Date Debit J5 Account Date 6,000 Bob Night, Drawings 30-Apr 30-Apr Closing Date Debit Account No. 311 Balance Credit Debit Credit 90,000 54,250 144,250 138,250 Rent Expenses Item 2-Apr 30-Apr Closing Post. Ref. J5 Debit Credit Account No. 401 Balance Debit Credit 171,700 - Account No. 511 Balance Credit Debit Credit 40,500 40,500 - Account No. 521 Balance Credit Debit Credit 40,000 40,000 - Account Date Office Supplies Expenses Item 30-Apr 30-Apr Closing Post. Ref. J5 Account Date Food Supplies Expenses Item 30-Apr 30-Apr Closing Post. Ref. Telephone Expenses Item 30-Apr 30-Apr Closing Post. Ref. Utilities Expenses Item 30-Apr 30-Apr Closing Post. Ref. Insurance Expenses Item 30-Apr 30-Apr Closing Post. Ref. Postage Expenses Item 18-Apr 30-Apr Closing Account Date Debit J5 Account Date Debit J5 Account Date Debit J5 Account Date Debit J5 Account Date Debit Post. Ref. Debit J5 Account No. 523 Balance Credit Debit Credit 400 400 - Account No. 524 Balance Credit Debit Credit 30,700 30,700 - Account No. 525 Balance Credit Debit Credit 1,200 1,200 - Account No. 533 Balance Credit Debit Credit 2,000 2,000 - Account No. 535 Balance Credit Debit Credit 1,500 1,500 - Account No. 536 Balance Credit Debit Credit 150 150 - Depreciation Expenses - Fishing Boats Item Post. Ref. Debit Credit Account No. 542 Balance Date Item 30-Apr 30-Apr Closing Post. Ref. J5 Debit Credit 1,000 Debit 1,000 - Credit Requirement 1: General Journal Date Description 1-May Cash Vending Commission Revenue Post. Ref. Debit 101 404 Page 5 Credit 200 200 2-May Surround Sound System Cash 182 101 3,600 2-May Big Screen TV Cash 183 101 8,000 2-May Satellite Programming Expenses Cash 546 101 125 3-May Accounts Payable Office Supplies 202 142 100 3-May Cash Registration Fee 101 401 52,700 3-May Rent Expenses Cash 521 101 40,000 3-May Cash Bob Night, Capital 101 311 600,000 4-May Accounts Payable Cash 202 101 400 4-May Land Building Fishing Boat Cash 161 171 181 101 100,000 530,000 9,000 3,600 8,000 125 100 52,700 40,000 600,000 400 639,000 General Journal Date Description 5-May Insurance Expenses Cash Post. Ref. Debit 535 1,000 101 5-May Food Supplies Accounts Payable 144 202 22,950 5-May Office Supplies Accounts Payable 142 202 1,200 7-May Prepaid Subscription 146 120 Page 6 Credit 1,000 22,950 1,200 Cash (40 x 3) 101 120 10-May Cash Registration Fee 101 401 62,750 13-May Wages Payable Wages Expenses Cash 219 511 101 500 29,500 14-May Registration fees Cash 401 101 1,000 17-May Cash Registration Fee 101 401 63,000 19-May Food Supplies Accounts Payable 144 202 18,400 21-May Cash Registration Fee 101 401 63,400 23-May Advertising Expenses Cash 512 101 2,500 25-May Repair Expenses Cash 537 101 850 27-May Wages Expenses Cash 511 101 30,000 28-May Advertising Expenses Cash 512 101 1,800 62,750 30,000 1,000 63,000 18,400 63,400 2,500 850 30,000 1,800 General Journal Date Description 29-May Food Supplies Accounts Payable Post. Ref. Debit 144 14,325 202 30-May Utilities Expenses Cash 533 101 3,300 30-May Telephone Expenses Cash 525 101 1,800 30-May Accounts Payable Cash 202 101 47,350 Page 7 Credit 14,325 3,300 1,800 47,350 31-May Bob Night, Drawings Cash 312 101 7,500 7,500 Requirement 2: General Ledger Cash Account Date Item 30-Apr Balance 1-May 2-May 2-May 2-May 3-May 3-May 3-May 4-May 4-May 5-May 7-May 10-May 13-May 14-May 17-May 21-May 23-May 25-May 27-May 28-May 30-May 30-May 30-May 31-May Account Date J5 J5 J5 J5 J5 J5 J5 J5 J5 J6 J6 J6 J6 J6 J6 J6 J6 J6 J6 J6 J7 J7 J7 J7 Debit Item Account Post. Ref. J5 J6 Credit 200 3,600 8,000 125 52,700 40,000 600,000 400 639,000 1,000 120 62,750 30,000 1,000 63,000 63,400 2,500 850 30,000 1,800 3,300 1,800 47,350 7,500 Office Supplies 30-Apr Balance 3-May 5-May Date Post. Ref. Debit 1,200 Account No. 142 Balance Credit Debit Credit 100 100 1,200 Food Supplies Item 30-Apr Balance 5-May 19-May 29-May Post. Ref. J6 J6 J7 Debit 22,950 18,400 14,325 Account No. 101 Balance Debit Credit 130,650 130,850 127,250 119,250 119,125 171,825 131,825 731,825 731,425 92,425 91,425 91,305 154,055 124,055 123,055 186,055 249,455 246,955 246,105 216,105 214,305 211,005 209,205 161,855 154,355 Credit Account No. 144 Balance Debit Credit 8,000 30,950 49,350 63,675 Account Date Prepaid Subscription Item 7-May Post. Ref. J6 Account Date 4-May J5 4-May Post. Ref. Debit 530,000 Fishing Boat Item 30-Apr Balance 4-May Account Post. Ref. J5 Debit Credit 9,000 Surround Sound System Item 2-May Post. Ref. J5 Account Debit Item Post. Ref. Credit Credit Account No. 183 Balance Debit Credit 8,000 3,600 J5 Account Debit 8,000 Accounts Payable Item 30-Apr Balance 3-May 4-May 5-May 5-May 19-May 29-May Post. Ref. J5 J5 J6 J6 J6 J7 Debit Account No. 181 Balance Debit Credit 60,000 69,000 Account No. 182 Balance Debit Credit 3,600 Big Screen TV 2-May Date Credit Account No. 171 Balance Debit Credit 530,000 100,000 J5 Account Date Debit Buildings Item Date Credit Account No. 161 Balance Debit Credit 100,000 120 Post. Ref. Account Date Credit Land Item Date Debit Account No. 146 Balance Debit Credit 120 Credit 100 400 22,950 1,200 18,400 14,325 Account No. 202 Balance Debit Credit 66,500 66,400 66,000 88,950 90,150 108,550 122,875 30-May J7 Account Date Post. Ref. 30-Apr Balance 13-May Account Post. Ref. 30-Apr Balance 3-May Account 31-May 3-May 10-May 14-May 17-May 21-May Post. Ref. Post. Ref. J5 J6 J6 J6 J6 Account Debit Credit 7,500 Debit Credit 52,700 62,750 1,000 63,000 63,400 Account No. 312 Balance Debit Credit 7,500 Account No. 401 Balance Debit Credit 52,700 115,450 114,450 177,450 240,850 Vending Commission Revenue Item 1-May Post. Ref. Debit J5 Account Account No. 404 Balance Credit Debit Credit 200 200 Wages Expenses Item 13-May 27-May Post. Ref. J6 J6 Account Date Debit Account No. 219 Balance Debit Credit 500 - Account No. 311 Balance Credit Debit Credit 138,250 600,000 738,250 Registration Fees Item Date 500 J5 J7 Account Date Credit Bob Night, Drawings Item Date J6 Debit Bob Night, Capital Item Date 75,525 Wages Payable Item Date 47,350 Debit Credit 29,500 30,000 Advertising Expenses Item Post. Ref. Debit Credit Account No. 511 Balance Debit Credit 29,500 59,500 Account No. 512 Balance Date Item 23-May 28-May J6 J6 Account Date 3-May 30-May 30-May Debit Credit Account No. 525 Balance Debit Credit 1,800 Credit Account No. 533 Balance Debit Credit 3,300 Credit Account No. 535 Balance Debit Credit 1,000 Credit Account No. 537 Balance Debit Credit 850 1,800 Debit 5-May Post. Ref. 3,300 J6 Account Debit 1,000 Repair Expenses Item 25-May Post. Ref. J6 Debit 850 Satellite Programming Expenses Item Post. Ref. J5 Debit 125 Credit Credit 40,000 Debit Debit 2,500 4,300 Account No. 521 Balance Debit Credit 40,000 Insurance Expenses Item 2-May Post. Ref. J7 Account Date 2,500 1,800 Utilities Expenses Item Account Post. Ref. J7 Account Date Credit Telephone Expenses Item Date Post. Ref. J5 Account Date Debit Rent Expenses Item Date Post. Ref. Credit Account No. 546 Balance Debit Credit 125 Requirement 3 & 4: Account Title Cash Accounts Receivable Office Supplies Food Supplies Prepaid Insurance Prepaid Subscriptions Land Buildings Accumulated Depreciation - Building Fishing Boats Accumulated Depreciation - Fishing Boats Surround Sound System Accumulated Depreciation - Surround Sound System Big Screen TV Accumulated Depreciation - Big Screen TV Accounts Payable Wages Payable Bob Night, Capital Bob Night, Drawings Registration Fees Vending Commission Revenue Wages Expenses Utilities Expenses Telephone Expenses Office Supplies Expenses Food Supplies Expenses Rent Expenses Repair Expenses Insurance Expenses Advertising Expenses Depreciation Expenses - Building Depreciation Expenses - Surround Sound System Depreciation Expenses - Fishing Boat Depreciation Expenses - Big Screen TV Satellite Programming Expenses Magazines Expenses Total Net Income Trial Balance Debit Credit 154,355 1,200 63,675 7,500 120 100,000 530,000 69,000 1,000 3,600 8,000 75,525 738,250 7,500 240,850 200 59,500 3,300 1,800 40,000 850 1,000 4,300 125 1,055,825 1,055,825 The General's FavoriteFishing Ho Work Sheet For the Month Ended May 31, Adjustments Debit ### a 30 ### h ### i ### f ### g ### ### ### e ### - b ### ### c ### ### d ### j ### - a j 6,000 ### ### h 1,050 i 57,750 ### ### f 1,500 ### e 800 c 60 b 1,150 d 75 ### g 10 68,425 Working: May Depreciation - Fishing Boat (60,000/5) x 1/12 (9000/5) x 1/12 1,000 150 1,150 May Depreciation - Surround Sound System (3600/5) x 1/12 60 May Depreciation - Big Screen TV (8000 - 800)/8 x 1/12 75 May Depreciation - Building (530,000 - 50,000)/50 x 1/12 800 ral's FavoriteFishing Hole Work Sheet Month Ended May 31, Adjustments Credit ### 1,050 57,750 1,500 10 ### ### 800 1,150 60 75 6,000 ### 30 ### ### ### ### ### ### ### ### ### ### ### ### ### ### 68,425 Adjusted Trial Balance Debit Credit 154,355 30 150 5,925 6,000 110 100,000 530,000 800 69,000 2,150 3,600 60 8,000 75 75,525 6,000 738,250 7,500 240,850 230 65,500 3,300 1,800 1,050 57,750 40,000 850 2,500 4,300 800 60 1,150 75 125 10 1,063,940 1,063,940 Income Statement Debit Credit 240,850 230 65,500 3,300 1,800 1,050 57,750 40,000 850 2,500 4,300 800 60 1,150 75 125 10 179,270 241,080 Balance Sheet Debit Credit 154,355 30 150 5,925 6,000 110 100,000 530,000 800 69,000 2,150 3,600 60 8,000 75 75,525 6,000 738,250 7,500 884,670 61,810 241,080 822,860 61,810 241,080 884,670 884,670 QUESTION #9 QUESTION #10 QUESTION #11 QUESTION #12 Requirement 3 & 4: Account Title Cash Prepaid Insurance Food Supplies Office Supplies Fishing Boat Accumulated Depreciation - Fishing Boat Accounts Payable Wages Payable Bob Night, Capital Bob Night, Drawings Registration Fees Postage Expenses Rent Expenses Telephone Expenses Utilities Expenses Wages Expenses Office Supplies Expenses Food Supplies Expenses Insurance Expenses Depreciation Expenses - Fishing Boat Total Net Income Trial Balance Debit Credit 130,650 9,000 38,700 500 60,000 66,500 90,000 6,000 171,700 150 40,000 1,200 2,000 40,000 328,200 328,200 The General's Favorite Fishing Hole Work Sheet For the Month Ended April 30, Adjustments Debit Credit ### ### 1,500 ### 30,700 ### 400 ### ### 1,000 ### 500 ### ### ### ### ### 500 400 30,700 1,500 1,000 34,100 34,100 Favorite Fishing Hole ork Sheet th Ended April 30, Adjusted Trial Balance Debit Credit 130,650 7,500 8,000 100 60,000 1,000 66,500 500 90,000 6,000 171,700 150 40,000 1,200 2,000 40,500 400 30,700 1,500 1,000 329,700 329,700 Income Statement Debit Credit 171,700 150 40,000 1,200 2,000 40,500 400 30,700 1,500 1,000 117,450 54,250 171,700 171,700 171,700 Balance Sheet Debit Credit 130,650 7,500 8,000 100 60,000 1,000 66,500 500 90,000 6,000 212,250 212,250 158,000 54,250 212,250 Requirement 5: General Journal Date a) b) c) d) e) Description Office Supplies Expenses Office Supplies (500 - 100) Post. Ref. Debit 523 142 Page 5 Credit 400 400 Food Supplies Expenses Food Supplies (38,700 - 8,000) 524 144 30,700 Insurance Expenses Prepaid Expenses 535 145 1,500 542 181.1 1,000 Depreciation Expenses - Fishing Boat Accumulated Depreciation - Fishing Boat Wages Expenses Wages Payable 511 219 30,700 1,500 1,000 500 500 Requirement 6: General Ledger Office Supplies Account Date Item 29-Apr 30-Apr Adjusting Account Date Item Account Date Item Item Account Item Account J5 Post. Ref. Debit J5 Account No. 145 Balance Credit Debit Credit 9,000 1,500 7,500 Post. Ref. Debit J5 Post. Ref. Debit J5 Account No. 181.1 Balance Credit Debit Credit 1,000 1,000 Account No. 219 Balance Credit Debit Credit 500 500 Wages Expenses Item 29-Apr 30-Apr Adjusting Account Date Debit Wages Payable 30-Apr Adjusting Date Post. Ref. Account No. 144 Balance Credit Debit Credit 38,700 30,700 8,000 Accumulated Depreciation - Fishing Boat 30-Apr Adjusting Date J5 Prepaid Insurance 29-Apr 30-Apr Adjusting Account Debit Food Supplies 30-Apr 30-Apr Adjusting Date Post. Ref. Account No. 142 Balance Credit Debit Credit 500 400 100 Post. Ref. J5 Debit Credit 500 Office Supplies Expenses Item Post. Ref. Debit Credit Account No. 511 Balance Debit Credit 40,000 40,500 Account No. 523 Balance Debit Credit 30-Apr Adjusting Account Date Item Account Date 400 Post. Ref. J5 Debit Credit Account No. 524 Balance Debit Credit 30,700 Credit Account No. 535 Balance Debit Credit 1,500 30,700 Insurance Expenses Item 30-Apr Adjusting Account 400 Food Supplies Expenses 30-Apr Adjusting Date J5 Post. Ref. J5 Debit 1,500 Depreciation Expenses - Fishing Boat Item 30-Apr Adjusting Post. Ref. J5 Debit 1,000 Credit Account No. 542 Balance Debit Credit 1,000 Requirement 10: General Journal Date Description 30-Apr Registration Fees Income Summary Page 5 Post. Ref. Debit Credit 401 171,700 313 171,700 30-Apr Income Summary Postage Expenses Rent Expenses Telephone Expenses Utilities Expenses Wages Expenses Office Supplies Expenses Food Supplies Expenses Insurance Expenses Depreciation Expenses - Fishing Boat 313 536 521 525 533 511 523 524 535 542 117,450 30-Apr Income Summary Bob Night, Capital 313 311 54,250 30-Apr Bob Night, Capital Bob Night, Drawings 311 312 6,000 150 40,000 1,200 2,000 40,500 400 30,700 1,500 1,000 54,250 6,000 Requirement 11: General Ledger Bob Night, Capital Account Date Item 1-Apr 30-Apr Closing 30-Apr Closing Post. Ref. J5 J5 Account Date Item Post. Ref. Income Summary Item 30-Apr Closing 30-Apr Closing 30-Apr Closing Post. Ref. J5 J5 J5 Account Item 117,450 54,250 Post. Ref. J5 Account Debit 171,700 Wages Expenses Item 30-Apr 30-Apr Closing Post. Ref. Debit J5 Account Date Debit Account No. 312 Balance Credit Debit Credit 6,000 6,000 - Account No. 313 Balance Credit Debit Credit 171,700 171,700 54,250 - Registration Fees 28-Apr 30-Apr Closing Date Debit J5 Account Date 6,000 Bob Night, Drawings 30-Apr 30-Apr Closing Date Debit Account No. 311 Balance Credit Debit Credit 90,000 54,250 144,250 138,250 Rent Expenses Item 2-Apr 30-Apr Closing Post. Ref. J5 Debit Credit Account No. 401 Balance Debit Credit 171,700 - Account No. 511 Balance Credit Debit Credit 40,500 40,500 - Account No. 521 Balance Credit Debit Credit 40,000 40,000 - Account Date Office Supplies Expenses Item 30-Apr 30-Apr Closing Post. Ref. J5 Account Date Food Supplies Expenses Item 30-Apr 30-Apr Closing Post. Ref. Telephone Expenses Item 30-Apr 30-Apr Closing Post. Ref. Utilities Expenses Item 30-Apr 30-Apr Closing Post. Ref. Insurance Expenses Item 30-Apr 30-Apr Closing Post. Ref. Postage Expenses Item 18-Apr 30-Apr Closing Account Date Debit J5 Account Date Debit J5 Account Date Debit J5 Account Date Debit J5 Account Date Debit Post. Ref. Debit J5 Account No. 523 Balance Credit Debit Credit 400 400 - Account No. 524 Balance Credit Debit Credit 30,700 30,700 - Account No. 525 Balance Credit Debit Credit 1,200 1,200 - Account No. 533 Balance Credit Debit Credit 2,000 2,000 - Account No. 535 Balance Credit Debit Credit 1,500 1,500 - Account No. 536 Balance Credit Debit Credit 150 150 - Depreciation Expenses - Fishing Boats Item Post. Ref. Debit Credit Account No. 542 Balance Date Item 30-Apr 30-Apr Closing Post. Ref. J5 Debit Credit 1,000 Debit 1,000 - Credit Requirement 1: General Journal Date Description 1-May Cash Vending Commission Revenue Post. Ref. Debit 101 404 Page 5 Credit 200 200 2-May Surround Sound System Cash 182 101 3,600 2-May Big Screen TV Cash 183 101 8,000 2-May Satellite Programming Expenses Cash 546 101 125 3-May Accounts Payable Office Supplies 202 142 100 3-May Cash Registration Fee 101 401 52,700 3-May Rent Expenses Cash 521 101 40,000 3-May Cash Bob Night, Capital 101 311 600,000 4-May Accounts Payable Cash 202 101 400 4-May Land Building Fishing Boat Cash 161 171 181 101 100,000 530,000 9,000 3,600 8,000 125 100 52,700 40,000 600,000 400 639,000 General Journal Date Description 5-May Insurance Expenses Cash Post. Ref. Debit 535 1,000 101 5-May Food Supplies Accounts Payable 144 202 22,950 5-May Office Supplies Accounts Payable 142 202 1,200 7-May Prepaid Subscription 146 120 Page 6 Credit 1,000 22,950 1,200 Cash (40 x 3) 101 120 10-May Cash Registration Fee 101 401 62,750 13-May Wages Payable Wages Expenses Cash 219 511 101 500 29,500 14-May Registration fees Cash 401 101 1,000 17-May Cash Registration Fee 101 401 63,000 19-May Food Supplies Accounts Payable 144 202 18,400 21-May Cash Registration Fee 101 401 63,400 23-May Advertising Expenses Cash 512 101 2,500 25-May Repair Expenses Cash 537 101 850 27-May Wages Expenses Cash 511 101 30,000 28-May Advertising Expenses Cash 512 101 1,800 62,750 30,000 1,000 63,000 18,400 63,400 2,500 850 30,000 1,800 General Journal Date Description 29-May Food Supplies Accounts Payable Post. Ref. Debit 144 14,325 202 30-May Utilities Expenses Cash 533 101 3,300 30-May Telephone Expenses Cash 525 101 1,800 30-May Accounts Payable Cash 202 101 47,350 Page 7 Credit 14,325 3,300 1,800 47,350 31-May Bob Night, Drawings Cash 312 101 7,500 7,500 Requirement 2: General Ledger Cash Account Date Item 30-Apr Balance 1-May 2-May 2-May 2-May 3-May 3-May 3-May 4-May 4-May 5-May 7-May 10-May 13-May 14-May 17-May 21-May 23-May 25-May 27-May 28-May 30-May 30-May 30-May 31-May Account Date J5 J5 J5 J5 J5 J5 J5 J5 J5 J6 J6 J6 J6 J6 J6 J6 J6 J6 J6 J6 J7 J7 J7 J7 Debit Item Account Post. Ref. J5 J6 Credit 200 3,600 8,000 125 52,700 40,000 600,000 400 639,000 1,000 120 62,750 30,000 1,000 63,000 63,400 2,500 850 30,000 1,800 3,300 1,800 47,350 7,500 Office Supplies 30-Apr Balance 3-May 5-May Date Post. Ref. Debit 1,200 Account No. 142 Balance Credit Debit Credit 100 100 1,200 Food Supplies Item 30-Apr Balance 5-May 19-May 29-May Post. Ref. J6 J6 J7 Debit 22,950 18,400 14,325 Account No. 101 Balance Debit Credit 130,650 130,850 127,250 119,250 119,125 171,825 131,825 731,825 731,425 92,425 91,425 91,305 154,055 124,055 123,055 186,055 249,455 246,955 246,105 216,105 214,305 211,005 209,205 161,855 154,355 Credit Account No. 144 Balance Debit Credit 8,000 30,950 49,350 63,675 Account Date Prepaid Subscription Item 7-May Post. Ref. J6 Account Date 4-May J5 4-May Post. Ref. Debit 530,000 Fishing Boat Item 30-Apr Balance 4-May Account Post. Ref. J5 Debit Credit 9,000 Surround Sound System Item 2-May Post. Ref. J5 Account Debit Item Post. Ref. Credit Credit Account No. 183 Balance Debit Credit 8,000 3,600 J5 Account Debit 8,000 Accounts Payable Item 30-Apr Balance 3-May 4-May 5-May 5-May 19-May 29-May Post. Ref. J5 J5 J6 J6 J6 J7 Debit Account No. 181 Balance Debit Credit 60,000 69,000 Account No. 182 Balance Debit Credit 3,600 Big Screen TV 2-May Date Credit Account No. 171 Balance Debit Credit 530,000 100,000 J5 Account Date Debit Buildings Item Date Credit Account No. 161 Balance Debit Credit 100,000 120 Post. Ref. Account Date Credit Land Item Date Debit Account No. 146 Balance Debit Credit 120 Credit 100 400 22,950 1,200 18,400 14,325 Account No. 202 Balance Debit Credit 66,500 66,400 66,000 88,950 90,150 108,550 122,875 30-May J7 Account Date Post. Ref. 30-Apr Balance 13-May Account Post. Ref. 30-Apr Balance 3-May Account 31-May 3-May 10-May 14-May 17-May 21-May Post. Ref. Post. Ref. J5 J6 J6 J6 J6 Account Debit Credit 7,500 Debit Credit 52,700 62,750 1,000 63,000 63,400 Account No. 312 Balance Debit Credit 7,500 Account No. 401 Balance Debit Credit 52,700 115,450 114,450 177,450 240,850 Vending Commission Revenue Item 1-May Post. Ref. Debit J5 Account Account No. 404 Balance Credit Debit Credit 200 200 Wages Expenses Item 13-May 27-May Post. Ref. J6 J6 Account Date Debit Account No. 219 Balance Debit Credit 500 - Account No. 311 Balance Credit Debit Credit 138,250 600,000 738,250 Registration Fees Item Date 500 J5 J7 Account Date Credit Bob Night, Drawings Item Date J6 Debit Bob Night, Capital Item Date 75,525 Wages Payable Item Date 47,350 Debit Credit 29,500 30,000 Advertising Expenses Item Post. Ref. Debit Credit Account No. 511 Balance Debit Credit 29,500 59,500 Account No. 512 Balance Date Item 23-May 28-May J6 J6 Account Date 3-May 30-May 30-May Debit Credit Account No. 525 Balance Debit Credit 1,800 Credit Account No. 533 Balance Debit Credit 3,300 Credit Account No. 535 Balance Debit Credit 1,000 Credit Account No. 537 Balance Debit Credit 850 1,800 Debit 5-May Post. Ref. 3,300 J6 Account Debit 1,000 Repair Expenses Item 25-May Post. Ref. J6 Debit 850 Satellite Programming Expenses Item Post. Ref. J5 Debit 125 Credit Credit 40,000 Debit Debit 2,500 4,300 Account No. 521 Balance Debit Credit 40,000 Insurance Expenses Item 2-May Post. Ref. J7 Account Date 2,500 1,800 Utilities Expenses Item Account Post. Ref. J7 Account Date Credit Telephone Expenses Item Date Post. Ref. J5 Account Date Debit Rent Expenses Item Date Post. Ref. Credit Account No. 546 Balance Debit Credit 125 Requirement 3 & 4: Account Title Cash Accounts Receivable Office Supplies Food Supplies Prepaid Insurance Prepaid Subscriptions Land Buildings Accumulated Depreciation - Building Fishing Boats Accumulated Depreciation - Fishing Boats Surround Sound System Accumulated Depreciation - Surround Sound System Big Screen TV Accumulated Depreciation - Big Screen TV Accounts Payable Wages Payable Bob Night, Capital Bob Night, Drawings Registration Fees Vending Commission Revenue Wages Expenses Utilities Expenses Telephone Expenses Office Supplies Expenses Food Supplies Expenses Rent Expenses Repair Expenses Insurance Expenses Advertising Expenses Depreciation Expenses - Building Depreciation Expenses - Surround Sound System Depreciation Expenses - Fishing Boat Depreciation Expenses - Big Screen TV Satellite Programming Expenses Magazines Expenses Total Net Income Trial Balance Debit Credit 154,355 1,200 63,675 7,500 120 100,000 530,000 69,000 1,000 3,600 8,000 75,525 738,250 7,500 240,850 200 59,500 3,300 1,800 40,000 850 1,000 4,300 125 1,055,825 1,055,825 The General's FavoriteFishing Ho Work Sheet For the Month Ended May 31, Adjustments Debit ### a 30 ### h ### i ### f ### g ### ### ### e ### - b ### ### c ### ### d ### j ### - a j 6,000 ### ### h 1,050 i 57,750 ### ### f 1,500 ### e 800 c 60 b 1,150 d 75 ### g 10 68,425 Working: May Depreciation - Fishing Boat (60,000/5) x 1/12 (9000/5) x 1/12 1,000 150 1,150 May Depreciation - Surround Sound System (3600/5) x 1/12 60 May Depreciation - Big Screen TV (8000 - 800)/8 x 1/12 75 May Depreciation - Building (530,000 - 50,000)/50 x 1/12 800 ral's FavoriteFishing Hole Work Sheet Month Ended May 31, Adjustments Credit ### 1,050 57,750 1,500 10 ### ### 800 1,150 60 75 6,000 ### 30 ### ### ### ### ### ### ### ### ### ### ### ### ### ### 68,425 Adjusted Trial Balance Debit Credit 154,355 30 150 5,925 6,000 110 100,000 530,000 800 69,000 2,150 3,600 60 8,000 75 75,525 6,000 738,250 7,500 240,850 230 65,500 3,300 1,800 1,050 57,750 40,000 850 2,500 4,300 800 60 1,150 75 125 10 1,063,940 1,063,940 Income Statement Debit Credit 240,850 230 65,500 3,300 1,800 1,050 57,750 40,000 850 2,500 4,300 800 60 1,150 75 125 10 179,270 241,080 Balance Sheet Debit Credit 154,355 30 150 5,925 6,000 110 100,000 530,000 800 69,000 2,150 3,600 60 8,000 75 75,525 6,000 738,250 7,500 884,670 61,810 241,080 822,860 61,810 241,080 884,670 884,670