1 Journal Entry for October 1 - 31, 2019

Debit Credit
October 1 Cash 3,000,000
Property Plant and Equipment 1,500,000
Mr. _________, Capital 4,500,000
To Record

3 Supplies 100,000
Cash 50,000
Accounts Payable 50,000
To Record

4 Cash 1,000
Accounts Receivable 500
Service Revenue 1,500
To Record

5 Cash 2,000
Service Revenue 2,000
To Record

6 Cash 3,500
Unearned Revenue 3,500
To Record

7 Advance to Employee 3,000

Cash 3,000
To Record

8 Accounts Payable 25,000

Cash 25,000
To Record

9 Cash 500
Accounts Receivable 500
To Record

10 Mr. ___________, Drawings 35,000

Cash 35,000
To Record

11 Cash 250
Accounts Receivable 750
Service Revenue 1,000
To Record
 12 Accounts Payable 25,000
Cash 25,000
To Record

13 Unearned Revenue 3,500

Service Revenue 3,500
To Record

14 Supplies 45,000
Accounts Payable 45,000
To Record

15 Notes Receivable 1,000

Service Revenue 1,000
To Record

16 Advertising Expense 12,000

Cash 12,000
To Record

17 Prepaid Rent 50,000

Cash 50,000
To Record

18 Cash 2,000
Service Revenue 2,000
To Record

19 Cash 500,000
Mr. _________, Capital 500,000
To Record

20 Cash 750
Accounts Receivable 750
To Record

21 Insurance Expense 17,300

Cash 17,300
To Record

22 Cash 1,000
Notes Receivable 1,000
To Record
 23 Cash 150,000
Loans Payable 150,000
To Record

24 Notes Receivable 500

Service Revenue 500
To Record

25 Cash 1,000
Service Revenue 1,000
To Record

26 Accounts Payable 45,000

Cash 45,000
To Record

27 Cash 800
Unearned Revenue 800
To Record

28 Unearned Revenue 800

Service Revenue 800
To Record

29 Cash 500
Notes Receivable 500
To Record

30 Salaries expense 20,000

Taxes and Licenses 35,000
Utilities expense 25,000
Cash 80,000
To Record

31 Property Plant and Equipment 450,000

Cash 450,000
To Record
 ASSETS LIAB

Cash
1-Oct 3,000,000.00 50,000.00 3-Oct 8-Oct
4-Oct 1,000.00 3,000.00 7-Oct 12-Oct
5-Oct 2,000.00 25,000.00 8-Oct 26-Oct
6-Oct 3,500.00 35,000.00 10-Oct
9-Oct 500.00 25,000.00 12-Oct
11-Oct 250.00 12,000.00 16-Oct
18-Oct 2,000.00 50,000.00 17-Oct
19-Oct 500,000.00 17,300.00 21-Oct 13-Oct
20-Oct 750.00 45,000.00 26-Oct 28-Oct
22-Oct 1,000.00 80,000.00 30-Oct
23-Oct 150,000.00 31-Oct
25-Oct 1,000.00
27-Oct 800.00
29-Oct 500.00
3,663,300.00 342,300.00
3,321,000.00

Receivables
4-Oct 500.00 500.00 9-Oct EQU
11-Oct 2,750.00 750.00 20-Oct
3,250.00 1,250.00
2,000.00

Supplies
3-Oct 100,000.00
14-Oct 45,000.00
145,000.00

10-Oct
Prepaid Rent
17-Oct 50,000.00 5,000.00
45 000

Property, Plant and Equipment

1-Oct 1,500,000.00 EXPE
31-Oct
1,500,000.00
16-Oct
 Advances to Employees
28-Dec 3,000.00
3,000.00
21-Oct

Notes Receivable
3-Dec 1,000.00 1,000.00
500.00 500.00
30-Oct

INCOME / REVENUE

Service Revenue
1,500.00 4-Oct 30-Oct
2,000.00 5-Oct
1,000.00 11-Oct
3,500.00 13-Oct
1,000.00 15-Oct
2,000.00 18-Oct
500.00 24-Oct 30-Oct
1,000.00 25-Oct
2,800.00 28-Oct
15,300.00
 LIABILITY

Accounts Payable
25,000.00 50,000.00 3-Oct
25,000.00 45,000.00 14-Oct
45,000.00
95,000.00 95,000.00
- -

Unearned Service Income

3,500.00 3,500.00 6-Oct
800.00 800.00 27-Oct
4,300.00 4,300.00
- -

Loans Payable
150,000.00 23-Oct
150,000.00

EQUITY

Autowash services, Capital

4,500,000.00 1-Oct
500,000.00 19-Oct
5,000,000.00

Autowash, Drawings
35,000.00
35,000.00

EXPENSES

Advertising Expense
12,000.00
12,000.00
 Insurancce Expense
17,300.00
17,300.00

Salaries Expense
20,000.00
20,000.00

Utilities expense
25,000.00
25,000.00

Taxes and Licenses

35,000.00
35,000.00