U3A6 Assignment
1. Post the following journal entries to the ledger. The ledger is set up for you.
Click on the tab at the bottom to go to the ledger sheet.
2. Do an equality check to ensure that the total debits of the ledger equals the
total credits.
General Journal Page: 14
Date
Particulars P.R. Debit Credit
2015
Oct 1 Rent Expense 900.00
HST Recoverable 117.00
Bank 1,017.00
Cheque 352 to Thornbury Investments
3 Supplies 235.00
HST Recoverable 30.55
A/P Rona Lumber 265.55
Purchase of supplies on account
5 A/R - W. McKinley 3,955.00
HST Payable 455.00
Revenue 3,500.00
Sale on account
5 A/R - L. Ingram 2,599.00
HST Payable 299.00
Revenue 2,300.00
Sale on account
11 A/R - Reid Co. 904.00
HST Payable 104.00
Revenue 800.00
Sale on account
15 A. Anderson, Drawings 500.00
Bank 500.00
Cheque 353 to owner for personal use.
17 A/P Rona Lumber 265.55
Bank 265.55
Payment on account - cheque # 354
Equity Check:
Add all the figures in
the column above on
9,506.10 9,506.10 each journal page.
These are cross or
pencil footings - just a
check to ensure that
debits equal credits.
Equity Check:
Add all the figures in
the column above on
each journal page.
These are cross or
pencil footings - just a
check to ensure that
debits equal credits.
Equity Check:
Add all the figures in
the column above on
each journal page.
These are cross or
pencil footings - just a
check to ensure that
General Journal Page: 15 debits equal credits.
Date
Particulars P.R. Debit Credit
2007
Oct 18 Supplies 165.00
HST Recoverable 21.45
Bank 186.45
Purchase supplies - cheque # 355
18 Bank 3,955.00
A/R - W. McKinley 3,955.00
Received full payment of account
18 Automobile expense 118.00
HST Recoverable 15.34
Bank 133.34
Auto repairs cheque #356
19 Bank charges 250.00
Bank 250.00
Bank interest
19 Wages Expense 575.00
Bank 575.00
Paid wages on cheque #357
19 A/R - K. Peters 678.00
HST Payable 78.00
Revenue 600.00
Sale on account
19 Bank Loan 2,000.00
Bank 2,000.00
Made payment on bank loan
24 Telephone Expense 58.00
HST Recoverable 7.54
Bank 65.54
Paid telephone bill - cheque #358
7,843.33 7,843.33
General Journal Page: 16
Date
Particulars P.R. Debit Credit
2007
Oct 25 Bank 400.00
A/R.- K. Peters 400.00
Received payment on accounts
26 A/R - W. McKinley 452.00
HST Payable 52.00
Revenue 400.00
Sale on account
26 A. Anderson, Drawings 450.00
Bank 450.00
Cheque 359 to owner for personal use.
30 Wages Expense 570.00
Bank 570.00
Cheque #360 paid for wages
1,872.00 1,872.00
Note that in the real
A. Anderson, Fishing Guide world each account
General Ledger would be on a
separate page. We
have condensed the
101 Bank Account ledger for teaching
purposes only.
Date Particulars P.R. Debit Credit Balance
2015 balance forwarded 2,000.00 The account number
Oct may appear in either
the top right or the
top left of a ledger
account.
Remember to
use a 'formula'
to calculate the
running
balance.
Go to Excel’s
help menu and
111 A/R - L. Ingram search :
Date Particulars P.R. Debit Credit Balance ‘calculate a
running
2015
balance’
113 A/R - W. McKinley
Date Particulars P.R. Debit Credit Balance
2015
115 A/R - K. Peters
Date Particulars P.R. Debit Credit Balance
2015
117 A/R - Reid Co.
Date Particulars P.R. Debit Credit Balance
2015
120 Supplies
Date Particulars P.R. Debit Credit Balance
2015 balance forwarded 1,450.00
125 Equipment
Date Particulars P.R. Debit Credit Balance
2015 balance forwarded 14,732.00
130 Automobile
Date Particulars P.R. Debit Credit Balance
2015 balance forwarded 28,957.00
201 Bank Loan
Date Particulars P.R. Debit Credit Balance
2015 balance forwarded 20,000.00
211 A/P - Rona Lumber
Date Particulars P.R. Debit Credit Balance
2015
250 HST Payable
Date Particulars P.R. Debit Credit Balance
2015
251 HST Recoverable
Date Particulars P.R. Debit Credit Balance
2015
301 A. Anderson, Capital
Date Particulars P.R. Debit Credit Balance
2015 balance forwarded 27,139.00
302 A. Anderson, Drawings
Date Particulars P.R. Debit Credit Balance
2015
401 Revenue
Date Particulars P.R. Debit Credit Balance
2015
505 Automobile Expense
Date Particulars P.R. Debit Credit Balance
2015
510 Bank Charges Expense
Date Particulars P.R. Debit Credit Balance
2015
515 Rent Expense
Date Particulars P.R. Debit Credit Balance
2015
520 Telephone Expense
Date Particulars P.R. Debit Credit Balance
2015
525 Wages Expense
Date Particulars P.R. Debit Credit Balance
2015
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