Ball & Brawn Computer Services

General Journal
October 31, 2020

Date Account Titles and Explanation Ref Debit Credit

2020 1 Cash 101 $ 75,000
October Share Ordinary Capital 311 $ 75,000
(Issued Shares for Cash)
5 Equipment 153 $ 15,000
Cash 101 $ 10,000
Account Payable 201 $ 5,000
(Purchase equipment for cash with balance
on account)
7 Prepaid Rent 129 $ 22,000
Cash 101 $ 22,000
(Paid office rent for one year)
8 Supplies 126 $ 2,500
Account Payable 201 $ 2,500
(Purchase supplise on account from Golden
Co.
11 Cash 101 $ 10,000
Account Receivable 112 $ 7,000
Service Revenue 400 $ 17,000

13 Advertising Expense 610 $ 900

Account Payable 201 $ 900

15 Account Payable 201 $ 1,000

Cash 101 $ 1,000

17 Account Payable 201 $ 2,500

Cash 101 $ 2,500

20 Cash 101 $ 5,000

Unearned Revenue 209 $ 5,000

22 Utilities Expense 731 $ 300

Cash 101 $ 300

25 Salaries Expense 726 $ 1,200

Cash 101 $ 1,200

26 Account Payable 201 $ 900

Cash 101 $ 900

27 Account Receivable 112 $ 8,000

Cash 101 $ 8,000

29 Cash 101 $ 7,000

Account Receivable 400 $ 7,000
AMOUNT $ 158,300 $ 158,300