Date Items P Debit Date Items PR Credit R 2017 09 1 5,000 2017 January January 17 2 5,200 18 2 2,000 23 2,700
Account Title: Office Supplies Acct. No. A130
Date Items P Debit Date Items PR Credit R 2017 16 2 600 January
Account Title: Prepaid Rent Acct. No. A140
Date Items P Debit Date Items PR Credit R 2017 02 1 8,000 January Account Title: Office Equipment Acct. No. A150 Date Items P Debit Date Items PR Credit R 2017 15 02 30,000 January
Account Title: Office Furniture Acct. No. A160
Date Items P Debit Date Items PR Credit R 2017 06 1 5,500 January
Account Title: Accounts Payable Acct. No. L210
Date Items P Debit Date Items PR Credit R 2017 21 2 600 2017 16 1 600 January January
Account Title: Notes Payable Acct. No. L220
Date Items P Debit Date Items PR Credit R 2017 24 2 30,000 2017 15 2 30,000 January January
Account Title: Masipag, Capital Acct. No. C310
Date Items P Debit Date Items PR Credit R 2017 02 1 40,000 January 22 2 10,000
Account Title: Masipag, Drawing Acct. No. C320
Date Items P Debit Date Items PR Credit R 2017 10 1 2,500 January
Account Title: Fees Earned Acct. No. I410
Date Items P Debit Date Items PR Credit R 2017 2017 03 1 1,200 January January 05 1 950 08 1 850 09 1 5,000 11 2 650 17 2 5,200 18 2 5,000 23 5,200 25 3 7,000
Account Title: Salaries Expense Acct. No. E510
Date Items P Debit Date Items PR Credit R 2017 12 2 3,500 January 28 3 3,500
Date Items P Debit Date Items PR Credit R 2017 January
Account Title: Rent Expense Acct. No. E530
Date Items P Debit Date Items PR Credit R 2017 January
Account Title: Light and Water Expense Acct. No. E540
Date Items P Debit Date Items PR Credit R 2017 28 3 1,200 January
Account Title: Insurance Expense Acct. No. E550
Date Items P Debit Date Items PR Credit R 2017 02 1 500 January
Account Title: Membership and Licenses Expense Acct. No. E560
Date Items P Debit Date Items PR Credit R 2017 04 1 500 January 05 1 1,000
Account Title: Gas an Oil Expense Acct. No. E570
Date Items P Debit Date Items PR Credit R 2017 11 2 600 January 31 3 1,200
TRIAL BALANCE
JANUARY 31, 2017
Account Titles Debit Credit
Cash 7,550 Accounts Receivable 14,900 Office Supplies 600 Prepaid Rent 8,000 Office Equipment 30,000 Office Furniture 5,500 Accounts Payable - Notes Payable - Masipag, Capital 50,000 Masipag, Drawing 2,500 Fees, Earned 31,050 Salaries Expense 7,000 Light and Water Expense 1,200 Insurance Expense 500 Membership and License Expense 1,500 Gas and Oil Expense 1,800 TOTAL 81,050 81,050
T account for cash
F Masipag, Capital 40,000 8,000 Payment of Rent O
O Service Rendered 1,200 500 Payment of Fire insurance O O Service Rendered 950 500 Payment of membership O dues O Service Rendered 850 1,000 Payment of business Permit O and Licenses O Service Rendered 650 5,500 Payment to acquire I Furniture O Partial Payment for 3,000 2,500 Masipag, Withdrawal F Service Rendered F Additional Investment 10,000 600 Payment of Gasoline O O Partial Payment for 2,500 3,500 Payment of Salary Expense O Service Rendered O Service Rendered 7,000 600 Payment to purchase on O account 66150 30,000 Payment on Note issued F 3,500 Payment of salary expense O 1,200 Payment of Light and O Water bill 1,200 Payment of Gas and Oil O