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  • Date Account Title Classification Effects Recorded

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    Cheche Ampoan
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    This document shows accounting transactions recorded from October 1-31, with details on the date, account title, classification as an asset, liability, equity or expense, whether the transaction increased or decreased the account, and whether it was recorded as a debit or credit. Transactions include increases and decreases to assets like cash, prepaid insurance and accounts receivable, as well as increases to expenses through debits and corresponding credits to assets or liabilities like accounts payable. Equity accounts like capital and withdrawals are also increased or decreased.

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    JOANNE JAVA REVIEW CENTER

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    This document shows accounting transactions recorded from October 1-31, with details on the date, account title, classification as an asset, liability, equity or expense, whether the transaction increased or decreased the account, and whether it was recorded as a debit or credit. Transactions include increases and decreases to assets like cash, prepaid insurance and accounts receivable, as well as increases to expenses through debits and corresponding credits to assets or liabilities like accounts payable. Equity accounts like capital and withdrawals are also increased or decreased.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    30 views1 page

    Date Account Title Classification Effects Recorded

    Uploaded by

    Cheche Ampoan
    This document shows accounting transactions recorded from October 1-31, with details on the date, account title, classification as an asset, liability, equity or expense, whether the transaction increased or decreased the account, and whether it was recorded as a debit or credit. Transactions include increases and decreases to assets like cash, prepaid insurance and accounts receivable, as well as increases to expenses through debits and corresponding credits to assets or liabilities like accounts payable. Equity accounts like capital and withdrawals are also increased or decreased.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    DATE ACCOUNT TITLE CLASSIFICATION EFFECTS RECORDED

    1-Oct CASH ASSET INCREASE DEBIT


    JAVA, CAPITAL EQUITY INCREASE CREDIT
    2-Oct PREPAID INSURANCE ASSET INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    3-Oct ADVERTISING EXPENSE EXPENSE INCREASE DEBIT
    ACCOUNTS PAYABLE LIABILITY INCREASE CREDIT
    4-Oct RENT EXPENSE EXPENSE INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    7-Oct REPAIR EXPENSE EXPENSE INCREASE DEBIT
    ACCOUNTS PAYABLE LIABILITY INCREASE CREDIT
    10-Oct CASH ASSET INCREASE DEBIT
    SCHOOL FEES REVENUE INCREASE CREDIT
    11-Oct TELECOM EXPENSE EXPENSE INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    15-Oct FURNITURES ASSET INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    18-Oct ACCOUNTS PAYABLE LIABILITY DECREASE DEBIT
    CASH ASSET DECREASE CREDIT
    21-Oct JAVA, WITHDRAWALS EQUITY DECREASE DEBIT
    CASH ASSET DECREASE CREDIT
    24-Oct GAS AND OIL EXPENSE EXPENSE INCREASE DEBIT
    ACCOUNTS PAYABLE LIABILITY INCREASE CREDIT
    25-Oct CASH ASSET INCREASE DEBIT
    SCHOOL FEES REVENUE INCREASE CREDIT
    27-Oct SALARIES EXPENSE EXPENSE INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    28-Oct EQUIPMENT ASSET INCREASE DEBIT
    ACCOUNTS PAYABLE LIABILITY INCREASE CREDIT
    29-Oct CASH ASSET INCREASE DEBIT
    ACCOUNTS RECEIVABLE ASSET DECREASE CREDIT
    30-Oct UTILITIES EXPENSE EXPENSE INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    31-Oct MISCELLANEOUS FEE EXPENSE INCREASE DEBIT
    CASH ASSET DECREASE CREDIT
    31-Oct SUPPLIES EXPENSE EXPENSE INCREASE DEBIT
    JAVA, CAPITAL EQUITY INCREASE CREDIT

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