Name: ELEAZAR P.

CHAVEZ JR CIT 2A

GENERAL JOURNAL
Date Account Title and Explanation Debit Credit
Nov 1 Cash In Bank 200,00
Plumbing Tools 60,000
Craig Bryan Capital 260,000
To record Cash in Bank
Nov 3 Taxes and Licenses 5,000
Rent Expense 8,000
Cash in Bank 13,000
To record Taxes and Licenses
Nov 5 Cash in Bank 20,000
Plumbing Income 20,000
To record Cash in Bank; Plumbing Income
Nov 7 Accounts Receivable 30,000
Plumbing Income 30,000
To record Accounts Receivable
Nov 9 Cash in Bank 176,000
Interest expense 24,000
Bank Loans Payable 200,000
To record Cash in bank; Loans Payable
Nov 10 Machinery 200,000
Accounts Payable 160,000
Cash in Bank 40,000
To record machinery
Nov 12 Cash in Bank 30,000
Accounts Receivable 30,000
To record cash in bank
Nov 14 Accounts Payable 100,000
Cash in Bank 100,000
To record Accounts Payable
Nov 15 Salaries and Wages 8,000
Cash in Bank 8,000
To record salaries and wages
Nov 17 Accounts Receivable 90,000
Notes Receivable 50,000
Plumbing Income 140,000
To record accounts receivable
Nov 19 Repair and Maintenance 5,000
Gasoline and Oil 6,000
Light and Water 8,000
Cash in Bank 19,000
To record utilities
Nov 25 Cash in Bank 70,000
Accounts Receivable 40,000
Notes Receivable 30,000
To record Cash in Bank
Nov 28 Office Supplies Expense 5,000
Cash in Bank 20,000
Accounts Payable 5,000
Plumbing Income 20,000
To record Office Supplies Expenses
Nov 30 Salaries and Wages 12,000
Cash in Bank 12,000
To record salaries and wages
Name : ELEAZAR P. CHAVEZ JR CIT 2A

TRIAL BALANCE
As of November

Account Title Debit Credit

Cash in Bank 314,000
Plumbing Tools 60,000
Craig Bryan Capital 260,000
Craig Bryan Drawings 10,000
Taxes and Licenses 5,000
Accounts Receivable 190,000
Notes Receivable 80,000

Rent Expense 8,000

Interest Expense 24,000
Plumbing Income 210,000
Bank Loan Payable 200,000
Account Payable 265,000
Machinery 200,000
Salaries and Wages 20,000
Repair and Maintenance 5,000

Gasoline and Oil 6,000

Light and Water 8,000
Office Supplies Expense 5,000

TOTALS 935,000 935,000

Name: ELEAZAR P. CHAVEZ JR CIT 2A

GENERAL LEDGER

CASH IN BANK
Nov 1 200,000 INTEREST EXPENSE
Nov 3 13,000 Nov 9 24,000
Nov 5 20,000
Nov 9 176,000
Nov 10 40,000
Nov 12 30,000 BANK LOAN PAYABLE
Nov 14 100,000 Nov 9 200,000
Nov 15 8,000
Nov 19 19,000
10,000 ACCOUNT PAYABLE
Nov 25 70,000 Nov 10 160,000
Nov 28 20,000 Nov 14 100,000
Nov 30 12,000 Nov 28 5,000
Total 516,000 202,000 Total 265,000
314,000

MACHINERY
CAPITAL Nov 10 200,000
Nov 1 260,000
Nov 9 less 10,000
Total 250,000 SALARIES AND WAGES
Nov 15 8,000
Nov 30 12,000
Total 20,000
PLUMBING TOOLS
Nov 1 60,000

NOTES RECEIVABLE
Nov 17 50,000
TAXES AND LICENSES Nov 28 30,000
Nov 3 5,000 Total 80,000

REPAIR AND MAINTENANCE

RENT EXPENSE Nov 19 5,000
Nov 3 8,000

GASOLINE AND OIL

PLUMBING INCOME Nov 19 6,000
Nov 5 20,000
Nov 7 30,000
Nov 17 140,000
Nov 28 20,000 LIGHT AND WATER
Total 210,000 Nov 19 8,000

ACCOUNTS RECEIVABLE
Nov 7 30,000 OFFICE SUPPLIES EXPENSE
Nov 12 30,000 Nov 28 5,000
Nov 17 90,000
Nov 25 40,000
Total 190,000