Date Accounts Debit Credit

2-Dec Advertising expense 965

cash 965

3-Dec Repairs expense-Computer 500

cash 500

4-Dec Cash 4350

Accounts receivable 4350

10-Dec Wages expense 600

cash 600

14-Dec Cash 2300

Unearned computer service revenue 2300

15-Dec Computer supplies 1700

Accounts payable 1700

16-Dec no entry

20-Dec cash 6125

Computer service revenue 6125

28-Dec cash 3200

Accounts receivable 3200

29-Dec Mileage expense 145

cash 145

31-Dec Dividends 1200

cash 1200

31-Dec Computer supplies expense 3765

computer supplies 3765

31-Dec Insurance expense 540

Prepaid insurance 540

31-Dec Wages expense 400

Wages payable 400

31-Dec Depreciation expense-Computer equipment 1350

Accumulated depreciation-Computer Equipment 1350

31-Dec Depreciation expense-Office equipment 425

Accumulated depreciation-Office Equipment 425

31-Dec Rent expense 2310

Prepaid rent 2310
 Cash Accumulated depreciation-Office Equipment
Date Debit credit Balance Date Debit credit Balance
1-Dec 38964 1-Dec 0
2-Dec 965 37999 31-Dec 425 425
3-Dec 500 37499
4-Dec 4350 41849 Accumulated depreciation-Computer Equipment
10-Dec 600 41249 Date Debit credit Balance
14-Dec 2300 43549 1-Dec 0
20-Dec 6125 49674 31-Dec 1350 1350
28-Dec 3200 52874
29-Dec 145 52729 Accounts payable
31-Dec 1200 51529 Date Debit credit Balance
1-Dec 0
Accounts receivable 15-Dec 1700 1700
Date Debit credit Balance
1-Dec 13418 Wages payable
4-Dec 4350 9068 Date Debit credit Balance
28-Dec 3200 5868 1-Dec 0
31-Dec 400 400
Computer supplies
Date Debit credit Balance Unearned computer service revenue
1-Dec 2645 Date Debit credit Balance
15-Dec 1700 4345 1-Dec 0
31-Dec 3765 580 14-Dec 2300 2300

Prepaid insurance Common stock

Date Debit credit Balance Date Debit credit Balance
1-Dec 2160 1-Dec 64000
31-Dec 540 1620
Retained earnings
Prepaid Rent Date Debit credit Balance
Date Debit credit Balance 1-Dec 0
1-Dec 3080 31-Dec 27492 27492
31-Dec 2310 770 31-Dec 7200 20292

Office equipment Computer service revenues

Date Debit credit Balance Date Debit credit Balance
1-Dec 8500 1-Dec 38279
20-Dec 6125 44404
Computer equipment 31-Dec 44404 0
Date Debit credit Balance
1-Dec 21600 Depreciation expense-Office equipment
Date Debit credit Balance
Dividends 1-Dec 0
Date Debit credit Balance 31-Dec 425 425
1-Dec 6000 31-Dec 425 0
1-Dec 1200 7200
1-Dec 7200 0 Depreciation expense-Computer equipment
Date Debit credit Balance
Wages expense 1-Dec 0
Date Debit credit Balance 31-Dec 1350 1350
1-Dec 2575 31-Dec 1350 0
10-Dec 600 3175
31-Dec 400 3575 Insurance expense
31-Dec 3575 0 Date Debit credit Balance
1-Dec 0
Rent expense 31-Dec 540 540
Date Debit credit Balance 31-Dec 540 0
1-Dec 0
31-Dec 2310 2310 Computer supplies expense
31-Dec 2310 0 Date Debit credit Balance
1-Dec 0
Advertising expense 31-Dec 3765 3765
Date Debit credit Balance 31-Dec 3765 0
1-Dec 1728
2-Dec 965 2693 Mileage expense
31-Dec 2693 0 Date Debit credit Balance
1-Dec 634
Miscellaneous expense 29-Dec 145 779
Date Debit credit Balance 31-Dec 779 0
1-Dec 250
29-Dec 250 0 Repairs expense-computer
Date Debit credit Balance
Income summary 1-Dec 725
Date Debit credit Balance 3-Dec 500 1225
1-Dec 44404 44404 31-Dec 1225 0
14-Dec 16912 27492
14-Dec 27492 0