ASHLI WATSON

YEAR 2 JOURNAL ENTRIES

1) Record Payment of Your Prior Taxes
9) Community Chest; Gain Money
Tax Payable 64
Cash 45
Cash 64
Miscellaneous Income 45
2) Passed Go
10) Rent Income on St. James
Cash 200
Cash 70
Fees Earned 200
Rent Income 70
3) Bought Baltic Ave.
11) Paid Rent on Mediterranean Ave.
Land 60
Rent Expense 2
Cash 60
Cash 2
4) Paid Rent on Vermont Ave.
12) Rent Income from Pennsylvania R.R.
Rent expense 30
Cash 25
Cash 30
Rent Income 25
5) Paid Rent on Virginia Ave.
13) Passed Go
Rent Expense 12
Cash 200
Cash 12
Fees Earned 200
6) Paid Rent Expense on Kentucky Ave.
14) Rent Income from Reading R.R
Rent Expense 90
Cash 25
Cash 90
Rent Income 25
7) Rent Income from Boardwalk
15) Built House on Pacific Ave.
Cash 50
Building 200
Rent Income 50
Cash 200
8) Paid Rent on Marvin Gardens
Rent Expense 120
16) Built House on Baltic Ave.
Cash 120
Building 50
Cash 50
 ASHLI WATSON

YEAR 2 JOURNAL ENTRIES

17) Rent Income on St. James Place 25) Built House on Boardwalk
Cash 70 Building 200
Rent Income 70 Cash 200
18) Paid Rent on Park Place
Rent Expense 500
Cash 500
19) Built House on Baltic Ave.
Building 50
Cash 50
20) Passed Go
Cash 200
Fees Earned 200
21) Paid Rent on Reading R.R.
Rent Expense 25
Cash 25
22) Chance; Loan Matures
Cash 150
Miscellaneous Income 150
23) Built House on Boardwalk
Building 200
Cash 200
24) Rent Income from Tennessee Ave.
Cash 200
Rent Income 200