Oval Realty

General Ledgers
30 April 2010

Accounts Receivables
Dr. Cr.
B/F 65,000
f Fees Earned 4,500

C/F 69,500

69,500 69,500

Accumulated Depreciation
Dr. Cr.
B/F 10,000
b Depreciation Expense 1,000

C/F 11,000

11,000 11,000

Depreciation Expense
Dr. Cr.
b Accumulated Depreciation 1,000

To P&L Trading A/C 1,000

1,000 1,000

Equipments
Dr. Cr.
B/F 100,000

C/F 100,000

100,000 100,000
 Fees Earned
Dr. Cr.
B/F 379,500
e Unearned Fees 5,250
f Accounts Receivables 4,500

To P&L Trading A/C 389,250

389,250 389,250

Prepaid Rent
Dr. Cr.
B/F 8,200 c Rent Expense 6,000

C/F 2,200

8,200 8,200

Rent Expense
Dr. Cr.
c Prepaid Rent 6,000

To P&L Trading A/C 6,000

6,000 6,000

Supplies
Dr. Cr.
B/F 1,950 a Supplies Expense 1,350

C/B 600

1,950 1,950
 Supplies Expense
Dr. Cr.
a Supplies 1,350

To P&L Trading A/C 1,350

1,350 1,350

Unearned Fees
Dr. Cr.
e Fees Earned 5,250 B/F 9,000

C/B 3,750

9,000 9,000

Wages Expense
Dr. Cr.
B/F 128,000
d Wages Payable 1,900

To P&L Trading A/C 129,900

129,900 129,900

Wages Payable
Dr. Cr.
d Wages Expense 1,900

C/F 1,900

1,900 1,900