Jing Suen Services

General Journal
For the Month ended 31st July 2016 PAGE 1
1 2

DOC. POST. GENERAL

DATE ACCOUNT TITLE NO. REF. DEBIT CREDIT
2016

1 Jul 1 Cash R1 4,000 1

2 Jing Suen, CapitaL 4,000 2
3 8 Prepaid Insurance C1 600 3
4 Cash 600 4
5 10 Supplies M1 180 5
6 Accounts Payable - Bayou Supplies 180 6
7 12 Cash T12 964 7
8 Sales 964 8
9 15 Accounts Receivable - M. Kadam S1 150 9
10 Sales 150 10
11 19 Advertising Expense C2 225 11
12 Cash 225 12
13 20 Accounts Payable - Bayou Supplies C3 120 13
14 Cash 120 14
15 27 Cash R2 100 15
16 Accounts Receivable - M. Kadam 100 16
17 31 Jing Suen, Drawing C4 800 17
18 Cash 800 18
19 Correcting entries 19
20 30 Utility Expense 75 20
21 Cash 75 21
22 30 Accounts Receivable - M. Kadam 100 22
23 Sales 100 23
24 24
25 25
26 26
27 27
28 28
29 29
30 30
31 31
32 32
 Chart of Accounts
Jing Suen Services
Balance Sheet Account Income Statement Accounts
(100) ASSET (400) REVENUE
110 Cash 410 Sales
115 Account Receivable - B. Conway
120 Account Receivable - M. Kadam (500) EXPENSE
130 Supplies 510 Avertising Expense
140 Prepaid insurance 520 Utility Expense

(200) LIABILITY
210 Accounts Payable - Bayou Supplies

(300) OWNER'S EQUITY

310 Jing Suen, Capital
320 Jing Suen, Drawing
 GENERAL LEDGER
ACCOUNT Cash ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 1 G1 4000 4000 4000
2 8 G1 600 3400
3 12 G1 964 4364
4 19 G1 225 4139
5 20 G1 120 4019
6 27 G1 100 4119
7 31 G1 800 3319
8 30 Correcting Enty G1 75 3244
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 110

BALANCE
CREDIT
4000 1
4600 2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Account Receivable - B. Conway ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 115

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Account Receivable - M. Kadam ACCOUNT NO. 120

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 15 G1 150 150
2 27 G1 100 50
3 30 Correcting Entry G1 100 150
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 120

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Supplies ACCOUNT NO. 130

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 10 G1 180 180
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 130

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Prepaid Insurance ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 8 G1 600 600
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 140

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Accounts Payable - Bayou Supplies ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 10 G1 180
2 20 G1 120
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 210

BALANCE
CREDIT
180 1
60 2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Jing Suen, Capital ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 1 G1 4000
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 310

BALANCE
CREDIT
4000 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Jing Suen, Drawing ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 31 G1 800 800
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 320

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Sales ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 12 G1 964
2 15 G1 150
3 30 Correcting Entry G1 100
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 410

BALANCE
CREDIT
964 1
1114 2
1214 3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Avertising Expense ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 19 G1 225
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 510

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
 GENERAL LEDGER
ACCOUNT Utility Expense ACCOUNT NO.

DATE POST. BALANCE

ITEM DEBIT CREDIT
2016 REF. DEBIT
1 July 30 G1 75 75
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
ACCOUNT NO. 520

BALANCE
CREDIT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21