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    Noor Alam Abir 181-15-933
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    13 views13 pages

    181-15-933 Assignment01 ACT301

    Uploaded by

    Noor Alam Abir 181-15-933

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 13

    Noor Alam Abir

    181-15-933

    Journal Entry:

    1. Cash Dr. $11,000


    Capital Cr. $11,000

    2. Office Rent expense Dr. $800


    Cash Cr. $800

    3. Office Equipment Dr. $3,000


    A/P Cr. $3,000

    4. Cash Dr. $1,500


    S/R Cr. $1,500

    5. Cash Dr. $700


    N/P Cr. $700

    6. A/R Dr. $2,000


    S/R Cr. $2,000

    7. Salaries cost & wages cost Dr. $500


    Utilities cost Dr. $300
    Supplies cost Dr. $100
    Cash Cr. $900

    8. Withdraw Dr. $1,000


    Cash Cr. $1,000
    Noor Alam Abir
    181-15-933
    Assets = Liabilities + Owner’s Equity

    Cash +Equipment +Supply +A/R = +Note/Pay. +Acc/Pay. +Capital -Withdr. -Cost +Rev.

    1 +$11,000 +$11,000

    2 -$800 -$800

    3 +$3,000 +$3,000

    4 +$1,500 +$1,500

    5 +$700 +$700

    6 +$2,000 +$2,000

    7 -$900 -$900

    8 -$1,000 -$1,000

    Σ $10,500 +$3,000 +$2,000 +$700 +$3,000 +$11,000 -$1,000 -$1,700 +$3,500

    $15,500 = $15,500

    So, A = L + O/E (Proved).

    ______________________________________________________________________________________________________________________
    Noor Alam Abir
    181-15-933
    Journal Entry:

    1. Cash Dr. $10,000


    Capital Cr. $10,000

    2. Equipment Dr. $5000


    Cash Cr. $5000

    3. Office rent Dr. $400


    Cash Cr. $400

    4. Supplies Dr. $500


    Cash Cr. $500

    5. Advertising cost Dr. $250


    A/P Cr. $250

    6. Cash Dr. $6,100


    S/R Cr. $6,100

    7. Withdraw Dr. $1,000


    Cash Cr. $1,000

    8. Salaries cost Dr. $2000


    Cash Cr. $2000

    9. Utilities cost Dr. $170


    Cash Cr. $170

    10. A/R Dr.$750


    Noor Alam Abir
    181-15-933
    S/R Cr. $750

    11. Cash Dr. $120


    A/R Cr. $120

    Tabular Summary:

    Assets = Liabilities + Owner’s Equity

    Cash +Equipment +Supply +A/R = +Note/Pay. +Acc/Pay. +Capital -Withdr. -Cost +Rev.
    Noor Alam Abir
    181-15-933
    1 +$10,000 +$10,000

    2 -$5,000 +$5,000

    3 -$400 -$400

    4 -$500 +$500

    5 +$250 -$250

    6 +$6,100 +$6,100

    7 -$1,000 -$1,000

    8 -$2,000 -$2,000

    9 -$170 -$170

    10 +$750 +$7,500

    11 +$120 -$120

    Σ $7,150 +$5,000 +$500 +$2,000 +$250 +$10,000 -$1,000 -$2,820 +$6,850

    $13,280 = $13,280

    So, A = L + O/E (Proved).


    Noor Alam Abir
    181-15-933
    ______________________________________________________________________________________________________________________

    Journal Entry:

    1. Cash Cr. $2900


    A/P Dr. $2900

    2. Cash Dr. $1300


    A/R Cr. $1300

    3. Cash Cr. $2100


    Equipment cost Dr. $2100

    4. Cash Dr. $2500


    A/R Cr. $2500

    5. Withdraw Dr. $1100


    Cash Cr. $1100

    6. Salaries cost Dr. $1700


    Rent Rev. Dr. $900
    Advertising cost Dr. $450
    Cash Cr. $3050

    7. Utilities cost Dr. $170


    A/P Cr. $170
    Noor Alam Abir
    181-15-933
    8. Cash Dr. $10,000
    N/P Cr. $10,000

    Assets = Liabilities + Owner’s Equity

    Cash +Equipment +Supply +A/R = +Acc/Pay .+Note/Pay. +Capital -Withdr. -Cost +Rev.

    1 -$2,900 -$2,900 +$11,000

    2 +$1,300 -$1,300
    Noor Alam Abir
    181-15-933
    3 -$800 +$2,100 +$1,300

    4 +$2,500 +$5,300

    5 -$1,100 -$1,100 $7,800

    6 -$3,050 -$3,050

    7 +$9,000 +$170 +$13,700 -$170

    8 +$10,000 +$6,000 +$600 +$1,700 +$3,600 +$10,000

    Σ $14,950 +$8,100 +$600 +$5,700 +$2,170 +$10,000 +$13,700 -$1,000 -$3,220 $7,800

    $29,350 = $29,350

    So, A = L + O/E (Proved).

    ______________________________________________________________________________________________________________________

    Journal Entry:

    1. Cash Dr. $10,000


    Capital Cr. $10,000

    2. Cost Dr. $12,000


    Cash Cr. $2,000
    N/P Cr. $10,000
    Noor Alam Abir
    181-15-933
    3. Office rent Dr. $500
    Cash Cr. $500

    9. Withdraw Dr. $200


    Cash Cr. $200

    12. Supplies Dr. $150


    A/P Cr. $150

    15. Cash Dr. $1250


    A/R Cr. $1250

    17. Cost Dr. $200


    A/P Cr. $200

    20. Cash Dr. $1300


    A/R Cr. $1300

    23. Cash Cr. $600

    N/P Dr. $600

    29. A/P Dr. $200


    Cash Cr. $200

    26. Utilities cost Dr. $250

    Cash Cr. $250


    Noor Alam Abir
    181-15-933
    30. Salaries cost Dr. $1000
    Cash Cr. $1000
    Noor Alam Abir
    181-15-933
    Assets = Liabilities + Owner’s Equity

    Cash +Equipment +Supply +A/R = +Acc/Pay .+Note/Pay. +Capital -Withdr. -Cost +Rev.

    1 +$10,000 +$10,000

    2 -$2,000 +$12,000 +$10,000

    3 -$500 -$500

    5 +$4,400 +$4,400

    9 -$200 -$200

    12 +$150 +$150

    15 +$1,250 -$1,250

    17 +$700 -$200

    20 +$13,000 -$13,000

    23 -$600 -$600

    26 -$250 +$250

    29 -$200
    Noor Alam Abir
    181-15-933
    30 -$1,000 +$1,000

    Σ $7,800 +$12,000 +$150 +$1,850 +$150 +$9,400 +$10,000 -$200 -$1,950 +$4,400

    $21,800 = $21,800

    So, A = L + O/E (Proved).

    ______________________________________________________________________________________________________________________
    Noor Alam Abir
    181-15-933

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