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General Journal

Date Accounts Title Ref Debit Credit


May. 1 Cash 10000
Owner's Capital
(Investment ) 10000

May.1 Equipment 5000


Cash 5000

Owner's Capital
May.1 (Rent Expense ) 400

Cash 400

May.1 Cash 5100


Owner's Capital (Service
Revenue) 5100

Owner's Capital (
May.1 Drawings ) 1000

Cash 1000

Owner's Capital
May.1 (Salary Expense) 2000

Cash 2000

Owner's Capital
(advertsing expense) 250
May.1
Account Payable 250

May.1 Account Receivable 750


Owner's Capital
(Service Revenue) 750

May.1 Cash 120


Account Receivable 120

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