GENERAL LEDGER

Account: Cash

Date Item P.R Debit

2014
July 1 Balance ü

1 #AdditionalInvestment 5,000.00
1 #Paid Rent Expense

1 #PaidPrepaidInsurance

2 #Collection of account receivable 1,000.00

3 #Received an advance payment 7,200.00

3 #Payment on account
4 #Paid Miscellaneous Expense

8 #Paid Advertising Expense

11 #Received Payment 1,000.00

13 #Paid Equipment Rent Expense

14 #Paid Salaries Expense
16 #Received payment on cash 2,000.00
21 #Paid Music Expense
22 #Paid Advertisment Expense
23 #Received payment for performed service 750.00
27 #Paid electric bill
28 #Paid Salaries Expense
29 #Paid Miscellanous
30 #Receive payment for performed service 500.00
31 #Received payment on cash 3,000.00
31 #Paid for music expense
31 #Withdraw cash for personal use

GENERAL JOURNAL

Account: Accounts Payable

Date Item P.R Debit

2014
July 1 Balance ü
3 #Payment on account 250.00
 5 #Purchased Equipment on Account
18 #Purchased supplies on account

GENERAL JOURNAL

Account: Peyton Smith, Capital

Date Item P.R Debit

2014
July 1 Balance ü
1 #AdditionalInvestment

GENERAL JOURNAL

Account: Peyton Smith, Withdrawal

Date Item P.R Debit

2014
July 1 Balance ü
31 #Withdraw cash for personal use 1,250.00

GENERAL JOURNAL
Account: Fees Earned

Date Item P.R Debit

2014
July 1 Balance ü
11 #Received payment
16 #Received payment on cash
23 #Received payment for performed service
30 #Receive payment for performed service
31 #Received payment on cash

GENERAL JOURNAL

Account: Wages Expense

Date Item P.R Debit

2014
July 1 Balance ü
14 #Paid Salaries Expense 1,200.00
28 #Paid Salaries Expense 1,200.00
 G

Accounts no. 11 Account: Accounts Receivable

Balance
Credit Debit Credit Date
2014
3,920.00 July 1

8,920.00 2
1,750.00 7,170.00 23

2,700.00 4,470.00 30

5,470.00

12,670.00

250.00 12,420.00
900.00 11,520.00

200.00 11,320.00

12,320.00

700.00 11,620.00
1,200.00 10,420.00
12,420.00
620.00 11,800.00
800.00 11,000.00
11,750.00
915.00 10,835.00
1,200.00 9,635.00
540.00 9,095.00
9,595.00
12,595.00
1,400.00 11,195.00
1,250.00 9,945.00

GE

Account no. 21 Account: Unearned Revenue

Balance Date
Credit Debit Credit
2014
250 July 1
0.00 3
 7,500.00 7,500.00
850.00 8,350.00

8,350.00

Account no. 31
Balance
Credit Debit Credit

4,000.00
5,000.00 9,000.00

9,000.00

Account no. 32
Balance
Credit Debit Credit

500.00
1,750.00

1,750.00
 Account no. 41
Balance
Credit Debit Credit

6,200.00
1,000.00 7,200.00
2,000.00 9,200.00
2,500.00 11,700.00
1,500.00 13,200.00
3,000.00 16,200.00

16,200.00

GE

Account no. 50 Account: Office rent Expense

Balance Date
Credit Debit Credit
2014
400.00 July 1
1,600.00 1
2,800.00

2,800.00
 GENERAL LEDGER

Accounts Receivable Accounts no.

Balance
Item P.R Debit Credit Debit

Balance ü 1,000.00

#Collection of account receivable 1,000.00 0.00

#Receive payment for performed service 1750.0 1,750.00

#Receive payment for performed service 1,000.00 2750.00

2,750.00

GENERAL JOURNAL

Unearned Revenue Account no.

Item P.R Debit Credit Balance
Debit

Balance ü
#received an advance payment 7,200.00
 GENERAL JOURNAL

Office rent Expense Account no.

Item P.R Debit Credit Balance
Debit

Balance ü 800.00
#Paid Rent Expense 1,750.00 2,550.00

2,550.00
 GENERAL JOURNAL

12 Account: Supplies
Balance
Credit Date Item P.R
2014
July 1 Balance ü

18 #Purchased supplies on account

23

Credit
7,200.00
 GENERAL JOURNAL

51 Account: Equipment Rent Expense

Date Item P.R
Credit
2014
July 1 Balance ü
13 #Paid Equipment Rent Expense
GENERAL JOURNAL

Accounts no. 14 Account: Prepaid Insurance

Balance
Debit Credit Debit Credit Date
2014
170.00 July 1

850.00 1,020.00 1

1,020.00
GENERAL JOURNAL

Account no. 52 Account: Utilities Expense

Debit Credit Balance Date
Debit Credit
2014
675.00 July 1
700.00 1,375.00 27

1,375.00
 GENERAL JOURNAL

Prepaid Insurance Accounts no. 15

Balance
Item P.R Debit Credit Debit Credit

Balance ü

#PaidPrepaidInsurance 2,700.00

2,700.00
 GENERAL JOURNAL

Utilities Expense Account no. 53

Item P.R Debit Credit Balance
Debit Credit

Balance ü 300.00
#Paid electric bill 915.00 1,215.00

1,215.00
 GENERAL JOURNAL

Account: Office Equipment

Date Item P.R Debit

2014
July 1 Balance ü

5 #Purchased Equipment on Account 7,500.00

 GENERAL JOURNAL

Account: Music Expense

Date Item P.R Debit

2014
July 1 Balance ü
21 #Paid Music Expense 620.00
31 #Paid for music expense 1,400.00
L

Accounts no. 17
Credit Balance
Debit Credit

7,500.00
L GENERAL J

Account no. 54 Account: Advertising Expense

Credit Balance Date
Debit Credit
2014
1,590.00 July 1
2,210.00 8
3,610.00 22

3,610.00
 GENERAL JOURNAL

Advertising Expense Account no. 55

Item P.R Debit Credit Balance
Debit Credit

Balance ü 500.00
#Paid Advertising Expense 200.00 700.00
#Paid Advertisment Expense 800.00 1,500.00

1,500.00
 GENERAL JOURNAL

Account: Supplies Expense Account no.

Date Item P.R Debit Credit Balance
Debit
2014
July 1 Balance ü 180.00

180.00
 GENERAL JOURNAL

56 Account: Miscellaneous Expense

Date Item P.R Debit Credit
Credit
2014
July 1 Balance ü
4 #Paid Miscellaneous Expense 900.00
29 #Paid Miscellanous 540.00
Account no. 59
Balance
Debit Credit

415.00
1,315.00
1,855.00

1,855.00
 Page 1
Date Particular PR Debit Credit
July 1 Cash 11 5,000.00
Peyton Smith, Capital 31 5,000.00
#AdditionalInvestment
1 Office Rent Expense 51 1,750.00
Cash 11 1,750.00
#Paid Rent Expense
1 Prepaid Insurance 15 2,700.00
Cash 11 2,700.00
#PaidPrepaidInsurance
2 Cash 11 1,000.00
Accounts Receivable 12 1,000.00
#Collection of account receivable
3 Cash 11 7,200.00
Unearned Revenue 23 7,200.00
#received an advance payment
3 Accounts Payable 21 250.00
Cash 11 250.00
#Payment on account
4 Miscellaneous Expense 59 900.00
Cash 11 900.00
#Paid Miscellaneous Expense
5 Office Equipment 17 7,500.00
Accounts Payable 21 7,500.00
#Purchased Equipment on Account
8 Advertising Expense 55 200.00
Cash 11 200.00
#Paid Advertising Expense
11 Cash 11 1,000.00
Disc Jockey, Fees Earned 41 1,000.00
#Received Payment
13 Equipment Rent Expense 52 700.00
Cash 11 700.00
#Paid Equipment Rent Expense
14 Wages Expense 50 1,200.00
Cash 11 1,200.00
#Paid Salaries Expense
 Page 2
Date Particular PR Debit Credit
July 16 Cash 11 2,000.00
Disc jockey, Fees Earned 41 2,000.00
#Received payment on cash
18 Supplies 14 850.00
Accounts payable 21 850.00
#Purchased supplies on account
21 Music Expense 54 620.00
Cash 11 620.00
#Paid Music Expense
22 Advertisement expense 55 800.00
Cash 11 800.00
#Paid Advertisment Expense
23 Cash 11 750.00
Account Receivable 12 1,750.00
disc jockey revenue 41 2,500.00
#Received payment for performed service
27 Utilities Expense 53 915.00
Cash 11 915.00
#Paid electric bill
28 Wages Expense 50 1,200.00
Cash 11 1,200.00
#Paid Salaries Expense
29 Miscellanous Expense 59 540.00
Cash 11 540.00
#Paid Miscellanous
30 Cash 11 500.00
Accounts Receivable 12 1,000.00
disc jockey revenue 41 1,500.00
#Receive payment for performed service
31 Cash 11 3,000.00
disc jockey revenue 41 3,000.00
#Received payment on cash
31 Music Expense 54 1,400.00
Cash 11 1,400.00
#Paid for music expense
31 Peyton Smith, Withdrawal 32 1,250.00
Cash 11 1,250.00
#Withdraw cash for personal use
 PS Music
Unadjusted Trial Balance
For the month July, 2014

Debit Credit
Cash 9,945.00
Accounts Receivable 2,750.00
Supplies 1,020.00
Prepaid Insurance 2,700.00
Equipment 7,500.00
Accounts Payable 8,350.00
Unearned Revenues 7,200.00
Peyton Smith, Capital 9,000.00
Peyton Smith.Withdrawal 1,750.00
Fees earned 16,200.00
Wages Expense 2,800.00
Office Rent Expense 2,550.00
Equipment Rent Expense 1,375.00
Utilities Expense 1,215.00
Music Expense 3,610.00
Advertising Expense 1,500.00
Supplies Expense 180.00
Miscellaneous Expense 1,855.00

40,750.00 40,750.00