Professional Documents
Culture Documents
Problem 1 Cash
Journal A 60,000
Date Accounts Debit Credit B -22,500
Cash 60,000 C
A
Russell, Capital 60,000 D -5,600
Service Vehicle 112,500 E -5,760
B
Cash 22,500 F 21,750
Spray Equipment 18,000 G -5,730
C
Account Payable 18,000 H
Expense 5,600 I -960
D
Cash 5,600 J
Prepaid Insurance 5,760 K 16,420
E
Cash 5,760 L -10,500
Cash 21,750 M -20,400
F
Revenue 21,750 Total 26,720
Supplies 5,730
G
Cash 5,730
Account Recievable 4,440
H
Revenue 4,440
Expense 960
I
Cash 960 Cash
Expense 3,270 Dr Cr
J
Account Payable 3,270 60,000 5,600
Cash 16,420 21,750 5,760
K
Revenue 16,420 16,420 5,730
Withdrawal 10,500 960
L
Cash 10,500 10,500
Expense 20,400 20,400
M
Cash 20,400 22,500
Bal. 26,720
Asset
Account Receivable Supplies Prepaid Insurance Spray Equipment Service Vehicle
112,500
18,000
5,760
5,730
4,440
TriaL baLance
Asset
Account recievable Supplies Prepaid Insurance Spray Equipment
Dr Cr Dr Cr Dr Cr Dr Cr
4,440 5,730 5,760 18,000
Bal. 4,440 Bal. 5,730 Bal. 5,760 Bal 18,000
Liability Equity
Service Vehicle Account Payable Russell, Capital Withdrawal Expenses Revenue
60,000
112,500 90,000
18,000
-5,600
21,750
4,440
-960
3,720 -3,720
16,420
10,500
-20,400
112,500 111,720 60,000 10,500 -30,680 42,610
173,150 173,150
TriaL baLance
Transactions
Asset
Cash Account Receivable Office Supplies Prepaid Insurance Office Equipment
210,000
147,000
-7,600
-8,850 8,850
-1,860 1,860
24,600
-2,280
-3,600
-2,280
21,200
-15,000 15,000
-20,750
193,580 8,850 1,860 162,000
ttorney-at-Law
Transaction Worksheet
eptember 1, 2015
Liability&Equity
Professional Library Account Payable Lucinida, Capital
210,000
147,000
-57,000 57,000
-7,600
24,600
-2,280
-3,600
2,280
21,200
20,750
-57,000 147,000 322,350
360,290
Leopoldo Medina Nursing Home
Journal Entry
Januanry 2016
Date Account Transaction Debit Credit Asse
Supplies 17,500 Cash Account Receivable
2
Account Payable 17,500 16,000 165,000
Cash 82,000
6
Revenue 82,000 Total Asset =
Equipment 35,000
10
Account Payable 35,000
Account Receivable 167,000
11
Revenue 167,000
Account Payable 31,000
12
Cash 31,000
Expense 24,000
17
Cash 24,000
Expense 9,000
20
Cash 9,000
Withdrawal 10,000
25
Cash 10,000
Expense 12,500
27
Account payable 12,500
Note Payable 15,000
31
Cash 15,000
Leopoldo Medina Nursing Home
Financial Transaction Worksheet
Thursday, December 31, 2015
Asset Liabilities
Supplies Land Nursing Home Nursing Equipment Note Payable Account Payable
21,000 90,000 350,000 160,000 350,000 47,000
d Equity = 802,000