P3.

1
Debit Credit Debit
101 Cash 4,500 4,350
112 Acc Rec 6,000 6,400
126 Supplies 1,900 1,000
130 Prepaid Insurance 3,600 3,600
149 Equipment 11,400 11,400
150 Accumulated Depreciation Equipment
201 Accounts Payable 4,500
209 Unearned Service Revenue 2,000
212 Salaries and Wages Payable
311 Share Capital—Ordinary 18,700
400 Service Revenue 9,500
631 Supplies Expense 900
717 Depreciation Expense 190
722 Insurance Expense 150
726 Salaries and Wages Expense 6,400 6,952
729 Rent Expense 900 900
732 Utilities Expense 250
34,700 34,700 36,092
 P3.2
Credit
101 Cash
126 Supplies
130 Prepaid Insurance
140 Land
141 Buildings
190 142 Accumulated Depreciation—Buildings
4,750 149 Equipment
2,400 150 Accumulated Depreciation—Equipment
552 201 Accounts Payable
18,700 208 Unearned Rent Revenue
9,500 212 Salaries and Wages Payable
230 Interest Payable
275 Mortgage Payable
311 Share Capital—Ordinary
332 Dividends
429 Rent Revenue
610 Advertising Expense
36,092 619 Depreciation Expense
631 Supplies Expense
718 Interest Expense
722 Insurance Expense
726 Salaries and Wages Expense
732 Utilities Expense
Debit Credit Debit Credit
3,400
2,080
2,400 2,200
12,000
60,000

14,000

4,700
3,300

40,000
41,380
1,000
10,300
600

200
3,300
900
99,680 99,680