Journal Entry

Date
12/30/2020

Amortization kitchen and dining utensils

Account Debit Credit

Amortization- kitchen and dining utensils 963.53

cash 963.53

Journal Entry
Date
12/30/2020

Advertising
Account Debit Credit

Advertising 250.00

cash 250.00

Journal Entry
Date
12/30/2020

Communication
Account Debit Credit

communication 1,000.00

cash 1,000.00

Journal Entry
Date
12/30/2020
cost of sales
Account Debit Credit

Cost of sales 460,713.86

cash 460,713.86

Journal Entry
Date
12/30/2020

Depreciation- Building
Account Debit Credit

Depreciation- Building 10,647.25

cash 10,647.25

Journal Entry
Date
12/30/2020

Depreciation- Furnitures and fixtures

Account Debit Credit

Depreciation- furnitures and fixtures 2,406.00

cash 2,406.00

Journal Entry
Date
12/30/2020

Depreciation-Machine and Equipments

Account Debit Credit
 Depreciation-machines and eqipment 3,021.36

cash 3,021.36

Journal Entry
Date
12/30/2020

Employee Benefits
Account Debit Credit

Employee Benefits 21,030.43

cash 21,030.43

Journal Entry
Date
12/30/2020

Miscellaneous Expense
Account Debit Credit

Miscellaneous expense 833.33

cash 833.33

Journal Entry
Date
12/30/2020

Power, light, and water

Account Debit Credit

Power, light, and water 38,602.73

cash 38,602.73
Journal Entry
Date
12/30/2020

Propane
Account Debit Credit

Propane 720.00

cash 720.00

Journal Entry
Date
12/30/2020

Repairs and maintenance

Account Debit Credit

Repairs and maintenance 3,170.17

cash 3,170.17

Journal Entry
Date
12/30/2020

Salaries and wages

Account Debit Credit

Salaries and wages 112,624.00

Cash 112,624.00
Journal Entry
Date
12/30/2020

Sales
Account Debit Credit

cash 754,102.08

Sales 754,102.08

Journal Entry
Date
12/30/2020

Shiping
Account Debit Credit

Shipping 13,640.00

cash 13,640.00

Journal Entry
Date
12/30/2020

Supplies
Account Debit Credit

Supplies 3,771.75

cash 3,771.75

Journal Entry
Date
 12/30/2020

Taxes, permits, and licenses

Account Debit Credit

Taxes, permits , and licenses 431.67

cash 431.67

Journal Entry
Date
12/30/2020

Uniforms
Account Debit Credit

Uniforms 1,416.67

cash 1,416.67

Journal Entry
Date
1/30/2020

Inventory
Account Debit Credit

Inventory 205,255.00

cash 205,255.00

Journal Entry
Date
1/30/2020

Kitchen and dining utensils

 Account Debit Credit

Asset-kitchen and dining utensils 46,251.20

cash 46,251.20

Journal Entry
Date
1/30/2020

Building,net
Account Debit Credit

Building, net 3,421,301.72

cash 3,421,301.72

Journal Entry
Date
1/30/2020

Furnitures and fixtures , net

Account Debit Credit

furnitures and fixtures, net 159,308.00

cash 159,308.00

Journal Entry
Date
1/30/2020

Land
Account Debit Credit

land 700,000.00
 cash 700,000.00

Journal Entry
Date
1/30/2020

Machimes and equipment, net

Account Debit Credit

Machines and equipments, net 218,846.90

cash 218,846.90

Journal Entry
Date
1/30/2020

Owners Capital
Account Debit Credit

cash 5,000,000.00

Owner's Capital 5,000,000.00

Journal Entry
Date
1/30/2020

withdrawal
Account Debit Credit

Drawing 400,000.00

cash 400,000.00