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July 1Cash 101 12000
Eve Gracie Capital 301 12000
(Gracie invested $12000 cash into business)
1 Truck 157 6000
Cash 101 3000
Accounts Payable 201 3000
(Purchased truck with $3000 cash and $300 on
account)
3 Cleaning Supplies 128 1300
Accounts Payable 201 1300
(Purchased cleaning supplies on account)
5 Prepaid Insurance 130 1200
Cash 101 1200
(Paid $1200 for 1 year insurance policy effective
July 1)
12 Accounts Receivable 112 2500
Service Revenue 400 2500
(Invoiced customer for cleaning services)
18 Accounts Payable 201 1000
Cash 101 1000
(Paid $1000 cash owed on truck)
18 Accounts Payable 201 800
Cash 101 800
(Paid $800 cash owed on cleaning supplies)
21 Salaries Expense 726 1200
Cash 101 1200
(Paid $1200 cash for employee salaries)
25 Cash 101 1400
Accounts Receivable 112 1400
(Collected $1400 cash from customers invoiced
on 12 July)
31 Accounts Receivable 112 3000
Service Revenue 400 3000
(invoiced customers $3000 for cleaning
services)
31 Petrol Expense 633 200
Cash 101 200
(Paid petrol expense for the month on the truck
$200)
31 Eve Gracie, Drawings 306 900
Cash 101 900
(Gracie withdrew $900 cash for personal use)

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Date Explanation Ref. Debit Credit Balance


July 1 J1 12000 $12000
1 J1 3000 9000
5 J1 1200 7800
18 J1 1000 6800
18 J1 800 6000
21 J1 1200 4800
25 J1 1400 6200
31 J1 200 6000
31 J1 900 5100

  "   #

Date Explanation Ref. Debit Credit Balance


July 12 J1 2500 $2500
25 J1 1400 1600
31 J1 3000 46 00
  $   #%

Date Explanation Ref. Debit Credit Balance


July 3 J1 1300 $1300

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Date Explanation Ref. Debit Credit Balance


July 5 J1 1200 $1200

 )  *+

Date Explanation Ref. Debit Credit Balance


July 1 J1 6000 $6000

  &,   #!

Date Explanation Ref. Debit Credit Balance


July 1 J1 3000 $3000
3 J1 1300 $4300
18 J1 1000 $33 00
18 J1 800 $2500
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Date Explanation Ref. Debit Credit Balance


July 1 J1 12000 $12000




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Date Explanation Ref. Debit Credit Balance


July 31 J1 900 $900

$ ""  .!!

Date Explanation Ref. Debit Credit Balance


July 12 J1 2500 $2500
31 J1 3000 $5500

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Date Explanation Ref. Debit Credit Balance


July 31 J1 200 $200

$             +#-

Date Explanation Ref. Debit Credit Balance


July 21 J1 1200 $1200


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