Part-2

Date Accounts Tittle

1-Nov Cash in bank
Chrimon B., Capital
(to record the initial deposit)
2-Nov Laundry Equipment
Notes Payable
(to record the purchase laundry equip. on account w/ note)
3-Nov Professional Development Expense
Cash in bank
(to record the payment for convention fee)
5-Nov Unused Laundry Supplies
Accounts Payable
(to record the purchase of laundry supplies on account.)
7-Nov Cash in bank
Accounts Receivable
Laundry Income
(to record laundry income for the week)
9-Nov Prepaid Insurance
Cash in bank
(to record the payment for vehicle insurance)
11-Nov Taxes&Licenses
Cash in bank
(to record the payment for taxes&licenses)
12-Nov Cash in bank
Accounts Receivable
(to record the partial collection from customer's acc on Nov 7)
14-Nov Gasoline&Oil
Accounts Payable
(to record the bill from Caltex Gasoline Station)
15-Nov Cash in bank
Accounts Receivable
Laundry Income
(to record the laundry income for the week)
16-Nov Chrimon B., Drawing
Cash
(to record the withdrawal)
18-Nov Cash in bank
Accounts Receivable
(to record the full collection from customer's acc on nov7)
20-Nov Gasoline&Oil
Cash in bank
(to record the partial payment from bill of nov 14)
21-Nov Cash in bank
Accounts Receivable
Laundry Income
(to record the laundry income for the week)
22-Nov Furnitures&Fixtures
Accounts Payable
(to record the purchase for Furnitures&Fixtures on Account)
23-Nov Cash in bank
Unearned Laundry Income
(to record Income but not yet rendered)
24-Nov Gasoline&Oil
Accounts Payable
25-Nov Accounts Payable
Cash in bank
(to record the full payment of the bill on nov 14)
26-Nov Accounts Payable
Cash in bank
(to record the partial payment of Account from Nov22)
26-Nov Delivery Equipment
Cash in bank
(to record the purchase of Delivery Car)
27-Nov Travelling Expense
Cash in bank
(to record the Transportation Expense on visiting a client)
28-Nov Cash in bank
Accounts Receivable
Laundry Income
(to record the laundry income for the week)
29-Nov Notes Payable
Cash in bank
(to record the full payment of Acc on Nov 2)
30-Nov Salaries Expense
Cash in bank
(to record the payment for Employees Salaries)
30-Nov Accounts Payable
Cash in bank
(to record the full payment of acc on Nov 5)
30-Nov Gasoline&Oil
Accounts Payable
(to record the bill from Caltex Gasoline Station)
30-Nov Rent Expense
Cash in bank
(to record rent expense)
30-Nov Repairs&Maintenance
Cash in bank
(to record the payment for minor repairs)
30-Nov Cash
Chrimon B., Capital
(to record the Additional Investment)
Debit Credit
1,250,000
1,250,000

290,000
290,000

7,060
7,060

25,000
25,000

13,400
15,350
28,750

7,600
7,600

10,000
10,000

10,500
10,500

9,030
9,030

20,030
30,400
50,430

10,900
10,900

18,250
18,250

2,090
2,090
 13,100
12,225
25,325

64,300
64,300

35,800
ndry Income 35,800

4,700
4,700
6,940
6,940

11,500
11,500

699,996
699,996

2,320
2,320

25,999
15,859
41,858

290,000
290,000

15,980
15,980

25,000
25,000

7,500
7,500

8,900
8,900
 3,250
3,250

1,055,444
1,055,444