E1.

6
Transaction 8. Purchased additional equipment for cash.
Items Classification Change
Transaction
analysis Cash Asset Decrease
Equipment Asset Increase
An increase in assets, a decrease in assets.
P1.1.a.
Tabular Analysis of Transac
Account
Transaction Cash Supplies Equipment =
Receivable
7 -600 0 0 0
8 -500 0 0 0
P1.2
Tabular Analysis of Transac
Account
Transaction Cash Supplies Equipment =
Receivable
7 2000 0 0 0
E2.2
Account Debited

(b) Specific (d) Normal

Date (a) Basic Type (c) Effect
Account Balance

Jan. 20 Asset Cash Increase Debit

Accounts
Jan. 23 Liabilities Decrease Debit
Payable
E2.8
GENERAL JOURNAL

Account Titles
Date Debit Credit
and Explanation

Repair Services
March. 27 $220
Expense
Cash $220
E2.11
 Wong Consultants
Trial Balance
August 31, 2020
Debit Credit
Cash ¥6200
Accounts Receivable ¥800
Equipment ¥5000
Notes Payable ¥2700
Share Capital - Ordinary ¥5000
Service Revenue ¥4300
¥12000 ¥12000
E2.17.a.
GENERAL JOURNAL
Date Account Titles Debit Credit
Oct. 21 Accouts Payable $14000
Cash $14000
Oct. 24 Utility Expense $148
Cash $148
E2.17.b.
CASH
Date Debit Credit Balance
Oct. 21 $14000
Oct. 24 $148

ACCOUNTS PAYABLE
Date Debit Credit Balance
Oct. 21 $14000 $14000

UTILITY EXPENSE
Date Debit Credit Balance
Oct. 21 $148 $148
ular Analysis of Transactions
Account Share Capital -
Notes Payable Revenue - Expenses
Payable Ordinary
0 0 0 0 0
0 -500 0 0 0

ular Analysis of Transactions

Account Share Capital -
Notes Payable Revenue - Expenses
Payable Ordinary
2000 0 0 0 0

Account Credited

(b) Specific
Date (a) Basic Type (c) Effect
Account

Accounts
Jan. 20 Asset Decrease
Receivable

Jan. 23 Asset Cash Decrease

- Dividends

600
0

- Dividends
0

(d) Normal
Balance

Credit

Credit