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Wyoming Tours Co. is a travel agency. The nine transactions recorded by Wyoming Tours during June 2016, its first month of operations, are indicated in
Wyoming Tours Co. is a travel agency. The nine transactions recorded by Wyoming Tours during June 2016, its first month of operations, are indicated in the following T accounts The simplest form of an account.:
Cash | |||
6/1 | 31,000 | 6/2 | 2,700 |
6/11 | 8,500 | 6/3 | 3,800 |
6/5 | 4,800 | ||
6/9 | 5,700 | ||
6/25 | 2,500 |
Equipment | |
6/3 | 12,500 |
Lorene Jones, Drawing | |
6/25 | 2,500 |
Accounts Receivable | |||
6/8 | 12,600 | 6/11 | 8,500 |
Accounts Payable | |||
6/9 | 5,700 | 6/3 | 8,700 |
Service Revenue | |
6/8 | 12,600 |
Supplies | |||
6/2 | 2,700 | 6/15 | 700 |
Lorene Jones, Capital | |
6/1 | 31,000 |
Operating Expenses | |
6/5 | 4,800 |
6/15 | 700 |
Based upon the T accounts provided, prepare the nine journal entries from which the postings The process of transferring the debits and credits from the journal entries to the accounts.were made.
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