JOURNAL

GENERAL CASH
Doc. Post. Sales
Date Account Title Debit CREDIT Debit Credit
NO. REF. Credit
1 Adjusting Entries 1
OCT. 2
2 2017 31 Supplies expense 530 250.00 100.00 150.00
3 Supplies 250.00 100.00 150.00 3
4 31 Insurance expense 531 120.00 100.00 20.00 4
5 prepaid insurance 120.00 100.00 20.00 5
6 Closing Entries 6
7 31 sales 532 3055.00 100.00 2955.00 7
8 income summary 3055.00 100.00 2955.00 8
9 31 income summary 533 555.00 300.00 255.00 9
10 insurance expense 120.00 100.00 20.00 10
11 Miscellaneous Expense 534 185.00 100.00 85.00 11
12 Supplies Expense 250.00 100.00 150.00 12
13 31 income summary 535 2500.00 100.00 2400.00 13
14 Ross Levin, Capital 2500.00 100.00 2400.00 14
15 31 Ross Levin, Capital 536 1250.00 100.00 1150.00 15
16 Ross Levin, Capital 1250.00 100.00 1150.00 16
17 Total 7730.00 7730.00 1600.00 6930.00 6930.00 17
18 Average 1288.333 1288.333 266.67 1155.00 1155.00 18
19 19
20 20
21 21