a.

b.
c. Sal exp 2,000
Sal payab 2,000

d. inurance exp 1,000

prepaid insurance 1,000

e rent exp 10,000

Prepaid rent 10,000

f. Dep expense
Acc dep- van

dep exp
Acc dep- F&F
I. ADJUSTING ENTRIES

DATE 2030 Dr. Cr.

1 Cash 1,500,000
Zabala, Capital 1,500,000

Prepaid rent 60,000

Cash 60,000

2 Purchases 400,000
Cash 400,000

Furniture & Fixture 100,000

Accounts payable 100,000

(no entry) Salaries payable 12,000

Salaries expense 12,000

3 Office Supplies 3,000

Cash 3,000

Van 300,000
Cash 300,000

Gas & Oil expense 2,000

Cash 2,000

5 Cash 50,000
Sales 50,000

6 Accounts rec 100,000

sales? Cash 100,000

7 Cash 10,000
Sales 10,000

9 AP 100,000
Cash 100,000
Purchases 10 Auto (office) supple 500,000
AP 500,000

11 Cash 200,000
Sales 200,000

14 Gas & Oil expense 2,000

Cash 2,000

15 Cash 98,000
Sales discount 2,000
AR 100,000

Salaries expense 12,000

Cash 12,000

16 prepaid insurance 12,000

cash 12,000

18 Utilities expense 4,000

utilities payable 4,000

20 AP 500,000
Purchase Disc 10,000
Cash 490,000
YU&^*
21 Cash 10,000
Sales 10,000

22 Utilities payable 4,000

Cash 4,000

25 Accounts rec 10,000

Sales 10,000

Purchases 28 Office Supplies 50,000

Cash 50,000

30 Salaries expense 10,000

Cash 10,000
Zabala, drawings 20,000
Cash 20,000

4,081,000 4,061,000
cash
dr cr
1,500,000 60,000
50,000 400,000
10,000 3,000
200,000 300,000
98,000 2,000
10,000 100,000
1,868,000 2,000
12,000
12,000
490,000
4,000
50,000
10,000
20,000
1,465,000
403,000

Accounts Receivable
100,000 100,000
10,000 0
110,000 10,000

Prepaid rent
60,000 10,000
50,000

Office supples
3,000 2,000
1,000

Prepaid Insurance
12,000 1,000
11,000

Furniture & Fixtures

 100,000

Van
300,000

Accounts Payable
100,000 100,000
500,000 500,000
600,000 600,000
-

Utilities Payable
4,000 4,000

Zabala, Capital
1,500,000

Zabala, Drawings
20,000

Salaries Expense
12,000
10,000