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  • Date Description Dr. Cr. Cash

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    Erditama Geri Hutomo
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    This document shows accounting transactions for a company over 2008. It records cash receipts and payments as well as expenses. It begins with the owner contributing $1.35 billion in capital and purchasing $750 million in equipment. Throughout the year, the company pays rent, salary, and supply expenses and earns $360 million in fees. At year-end, adjustments are made for accrued expenses and unearned revenue to prepare the adjusted trial balance.

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    Book 1

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    This document shows accounting transactions for a company over 2008. It records cash receipts and payments as well as expenses. It begins with the owner contributing $1.35 billion in capital and purchasing $750 million in equipment. Throughout the year, the company pays rent, salary, and supply expenses and earns $360 million in fees. At year-end, adjustments are made for accrued expenses and unearned revenue to prepare the adjusted trial balance.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    6 views4 pages

    Date Description Dr. Cr. Cash

    Uploaded by

    Erditama Geri Hutomo
    This document shows accounting transactions for a company over 2008. It records cash receipts and payments as well as expenses. It begins with the owner contributing $1.35 billion in capital and purchasing $750 million in equipment. Throughout the year, the company pays rent, salary, and supply expenses and earns $360 million in fees. At year-end, adjustments are made for accrued expenses and unearned revenue to prepare the adjusted trial balance.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Date Description Dr. Cr.

    Cash
    2008
    Jan 1 Cash 1,350,000,000
    lou Liat Jin, Capital 1,350,000,000
    1 Equipment 750,000,000
    Cash 550,000,000
    Account Payable 200,000,000
    Feb 1 Rent expense 300,000,000
    Cash 300,000,000
    Mar 31 Salaries expense 7,500,000
    Cash 7,500,000
    Mei 8 Supplies 50,000,000
    Cash 50,000,000
    Jun 1 Cash 360,000,000
    Fees earned 360,000,000
    31 Salaries expense 7,500,000
    Cash 7,500,000
    Sep 31 Salaries expense 7,500,000
    Cash 7,500,000
    Nov 30 Lou Liat Jin, Drawing 10,000,000
    Cash 10,000,000

    Des 31 Supplies expense 5,000,000


    Supplies 5,000,000
    31 Salaries expense 7,500,000
    Salaries Payable 7,500,000
    31 Fees earned 150,000,000
    Unearned Fees 150,000,000
    31 Cash 45,000,000
    Fees earned 45,000,000
    31 Prepaid Rent 25,000,000
    Rent expense 25,000,000
    Cash Equipment Salaries expense
    1,350,000,000 550,000,000 750,000,000 7,500,000
    360,000,000 300,000,000 7,500,000
    7,500,000 7,500,000
    50,000,000 22,500,000
    7,500,000 Account Payable
    7,500,000 200,000,000
    10,000,000
    1,710,000,000 932,500,000 Supplies
    777,500,000 50,000,000
    Rent expense
    300,000,000

    Fees earned Lou Liat Jin, Drawing


    360,000,000 Lou Liat Jin, Capital 10,000,000
    1,350,000,000
    Account Trial Balance Adjustment
    Cash 777,500,000 45,000,000
    Equipment 750,000,000
    Supplies 50,000,000 5,000,000
    Lou Liat Jin, Capital 1,350,000,000
    Lou Liat Jin, Drawing 10,000,000
    Account payable 200,000,000
    Fees earned 360,000,000 150,000,000 45,000,000
    Salaries expense 22,500,000 7,500,000
    Rent expense 300,000,000 25,000,000
    Supplies expense 5,000,000
    Salaries payable 7,500,000
    Unearned Fees 150,000,000
    Pepaid rent 25,000,000
    1,910,000,000 1,910,000,000 232,500,000 232,500,000
    Adjusting Trial Balance
    822500000
    750000000
    45000000
    1350000000
    10000000
    200000000

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