Journal entry

Account titles Debit credit

1. cash 100,000
Equity 100,000
2. Cash 3,000
Owner’s equity 3,000
3. Utilities expense 200
Account payable 200
4. Hitting expense 300
Cash 300
5. Hitting expense 500
Cash 500
6. Cash 10,000
Service revenue 10,000
7. Account receivable 3,000
Service revenue 3,000
8. Check 5,000
Service revenue 5,000
9. Cash 10,000
Account payable 10,000
10. Equipment 3,000
Cash 3,000
11. Rent expense 1,000
Cash 1,000
12. Interest expense 300
Interest payable 300
13. Commission expense 50
Cash 50
14. Rent expense 700
Note payable 700
15. Salary expense 200
Salary payable 200
16. Supplies 550
Account payable 550
17. Supplies expense 350
Supplies 350
18. Depreciation expense 500
Accumulate depreciation 500