Journal Entri

Dec.1 Cash 45000

Capital. 45000

Waltten Started business with cash.

Dec1. Equipment Dr. 9000

Cash cr. 9000

Equipment purchase for cah

Dec1. Insurance premium Dr. 18000

Cash cr. 18000

Dec.9. Land Dr. 25000

Cash cr. 25000

Dec.10 officer supplies dr. 1700

Account payable. Cr. 1700

Dec19. Cash.Dr 27000

Note payable. Cr 27000

Dec22. Advertising exp dr. 1400

Cash. 1400

Dec26. Account payable. 1500

Cash. 1500

Dec.28. Utilties bill. Dr. 210

Accounts payables CR. 210

Dec31.Cash dr. 18500

Account receiveable Dr. 2600

Revenue earn. Cr. 21100

Dec31. Salaries dr. 4000

Rent dr. 800

Cash. 4800

Dec31.cash dr. 1270

Unearned revenue. 1270

Dec31. Drawing dr. 4000

Cash. cr. 4000

Cash withdraw by owner for personal use.