GENERAL JOURNAL Page 1 GENERAL JOURNAL Page 2 GENERAL JOURNAL Page 3 GENERAL JOURNAL Page 4

DATE ACCOUNT TITLES AND EXPLANATION P.R. DEBIT CREDIT DATE ACCOUNT TITLES AND EXPLANATION P.R. DEBIT CREDIT DATE ACCOUNT TITLES AND EXPLANATION P.R. DEBIT CREDIT DATE ACCOUNT TITLES AND EXPLANATION P.R. DEBIT CREDIT

March 01, 2013 Cash 350,000.00 March 19, 2013 Utilities Expense 2,450.00

Alice Dyan, Capital 350,000.00 1 Cash 2,450.00 1

intial investment made by the owner payment for utilities

2 Taxes and Licenses 5,000.00 21 Cash 17,000.00 1

Cash 5,000.00 1 Accounts Receivable 17,000.00

paid the taxes and licenses for the business received payment for service rendere on account

3 Rent Expense 15,000.00 23 Advertising Expense 3,000.00 1

Cash 15,000.00 1 Cash 3,000.00
payment for rent paid for advertisement

5 Office Equipment 65,000.00 25 Account Payable 20,000.00

Accounts Payable 65,000.00 1 Cash 20,000.00
purchased office equipment on credit partial payment for furniture and fixtures purchased
on account

7 Furniture and Fixture 135,000.00 1 28 Alice Dyan, withdrawals 15,000.00 1

Cash 35,000.00 Cash 15,000.00
Note Payable 100,000.00

purchased furnitre and fixture 35,000 cash, 100,000 29 Utilities Expense 2,750.00
note payable 1
Cash 2,750.00
9 Office Supplies 5,600.00 1 payment for utilities
Cash 5,600.00

purchased office supplies 30 Salary Expense 30,000.00 1

Cash 30,000.00
11 Cash 54,000.00 1 payment for salary of staff

Service Income 54,000.00

travel service booking

13 Prepaid Insurance 2,100.00 1

Cash 2,100.00
purchased insurance

15 Accounts Receivable 29,300.00 1

Service Income 29,300.00

service income on account

17 Cash 36,000.00 1
Service Income 36,000.00
travel service booking

697,000.00 697,000.00 90,200.00 90,200.00

Part 1:
Journal entries 16
General ledger 14
Trial balance 16
Total score 46 /50
 GENERAL LEDGER GENERAL LEDGER

Cash Accounts Receivable Office Supplies Prepaid Insurance Total

Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit
1-Mar 350,000.00 15-Mar 29,300.00 21-Mar 17,000.00 9-Mar 5,600.00 13-Mar 2,100.00
11-Mar 54,000.00 2-Mar 5,000.00

17-Mar 36,000.00 3-Mar 15,000.00

21-Mar 17,000.00 7-Mar 35,000.00
9-Mar 5,600.00
13-Mar 2,100.00
19-Mar 2,450.00
23-Mar 3,000.00
25-Mar 20,000.00
28-Mar 15,000.00
29-Mar 2,750.00
30-Mar 30,000.00
457,000.00 135,900.00 29,300.00 17,000.00 5,600.00 - 2,100.00 -
321,100.00 1 12,300.00 1 5,600.00 1 2,100.00 1 4

Office Equipment Accum. Dep. (Office Equip.) Furniture and Fixtures Accum. Dep. (Fur. And Fix)
Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit
5-Mar 65,000.00 7-Mar 135,000.00

65,000.00 - 135,000.00 -
65,000.00 1 135,000.00 1 2

Note Payable Accounts Payable Alice, Dyan Capital Alice, Dyan Withdrawals
Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit
7-Mar 100,000.00 25-Mar 20,000.00 5-Mar 65,000.00 1-Mar 350,000.00 28-Mar 15,000.00

see general journal see general journal

for correction for correction

- 100,000.00 20,000.00 65,000.00 - 350,000.00 15,000.00 1 - 2

100,000.00 45,000.00 350,000.00 1 (15,000.00)
Service Income Salary Expense Taxes and Licenses Rent Expense
Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit
11-Mar 54,000.00 30-Mar 30,000.00 2-Mar 5,000.00 3-Mar 15,000.00
15-Mar 29,300.00
17-Mar 36,000.00

- 119,300.00 30,000.00 1 - 5,000.00 1 - 15,000.00 1 - 4

119,300.00 1 30,000.00 5,000.00 15,000.00

Utilities Expense Advertising Expense Insurance Expense Office Supplies Expense

Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit
19-Mar 2,450.00 23-Mar 3,000.00
29-Mar 2,750.00

5,200.00 1 - 3,000.00 1 - 2
5,200.00 3,000.00

Dep. Expense (Office Equip.) Dep. Expense (Fur. And Fix.) Income Summary (Write the account title here)
Debit Date Credit Date Debit Date Credit Date Debit Date Credit Date Debit Date Credit

14
Use this trial balance for assignment - part 1. Use this trial balance for assignment - part 2.

AD Travel and Tours AD Travel and Tours AD Travel and Tours

Trial Balance Adjusted Trial Balance Post Closing Trial Balance
31-Mar-13 31-Mar-13 31-Mar-13
Debit Credit Debit Credit Debit Credit
Cash 321,100.00 1

Accounts Receivable 12,300.00 1

Office Supplies 5,600.00 1

Prepaid Insurance 2,100.00 1

Office Equipment 65,000.00 1

Furniture and Fixtures 135,000.00 1

Note Payable 100,000.00

Accounts Payable 45,000.00

Alice Dyan, Capital 350,000.00 1

Alice Dyan, Withdrawals 15,000.00 1

Service Income 119,300.00 1

Salary Expense 30,000.00 1

Taxes and Licenses 5,000.00 1

Rent Expense 15,000.00 1

Utilities Expense 5,200.00 1

Advertising Expense 3,000.00 1

614,300.00 614,300.00 2

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