General Journal

2022 PARTICULARS F DEBIT CREDIT

Dec. 1 Cash 250,000
Adams, Capital 250,000
To record the initial
capital of the owner to the
business.

Dec. 2 Supplies 67,000

Accounts Payable 67,000
To record the acquisition
of supplies on account.

Dec. 5 Service vehicle 235,000

Cash 50,000
Notes payable 185,000
To record the
acquisition of service vehicle
on account.

Dec. 7 Furniture and Fixtures 35,000

Cash 35,000
To record the
acquisition of furniture and
fixtures on cash.

Dec. 8 Cash 78,000

Video rental fees 78,000
To record the income of
rental fees.

Dec. 11 Rents receivable 105,000

Video Rentals fees 105,000
To record the rent
receivables

Dec. 13 Cash 75,000

Unearned revenue 75,000
To record the money
received for a service to be
rendered.

Dec. 15 Rent expenses 25,000

Cash 25,000
 To record the payment
for rent.

Dec. 16 Salaries expense 65,000

Cash 65,000
To record the salaries
expense.

Dec. 17 Cash 77,000

Rents receivable 77,000
To record the collection
of cash from Oklahoma City
billed on Jan. 11

Dec. 19 Advertising expense 2,500

Bills payable 2,500
To record the
advertising expense.

Dec. 21 Transportation expense 3,000

Cash 3,000
To record the
transportation expense.

Dec. 23 Adams, Drawing 47,000

Cash 47,000
To record the initial
withdrawal of Mr. Adams.

Dec. 25 Miscellaneous expense 3,800

Cash 3,800
To record the
miscellaneous expense.

Dec. 27 Accounts payable 9,500

Cash 9,500
To record the partial
payment to the purchased
supplies on account on Dec.
2

Dec. 30 Utilities expense 17,500

Cash 17,500
To record the payment
for utilities.
 POSTING

Cash

DR. CR.
01-Dec 250,000
50,000 05-Dec
35,000 07-Dec
08-Dec 78,000
13-Dec 75,000
25,000 15-Dec
65,000 16-Dec
17-Dec 77,000
3,000 21-Dec
47,000 23-Dec
3,800 25-Dec
9,500 27-Dec
17,500 30-Dec

480,000 255,800
224,200

Adams, Capital
DR. CR.
250,00
0 01-Dec
250,00
0
Supplies
DR. CR.
02-Dec 67,000
67,000

Accounts Payable
DR. CR.
67,000 02-Dec
27-Dec 9,500
9,500 67,000
57,500
 Service Vehicle
DR. CR.
05-Dec 235,000
235,000

Notes Payable
DR. CR.
185,000 05-Dec

185,000

Furniture and Fixtures

DR. CR.
07-Dec 35,000
35,000

Video Rental Fees

DR. CR.
78,000
08-Dec
105,000 11- Dec
183,000

Rent Receivable

DR. CR.
11-12 105,000

77,000 17-12
105,000
77,000
28,000

Unearned Revenue
DR. CR.
75,000 13-Dec

75,000
 Rent Expense
DR. CR.
15-Dec 25,000
25,000

Salaries Expense
DR. CR.
16-Dec 65,000
65,000

Advertising Expense
DR. CR.
19-Dec 2,500
2,500

Bills Payable
DR. CR.
2,500 19-Dec

2,500

Transportation Expense
DR. CR.
21-Dec 3,000
3,000

Adams, Drawing
DR. CR.
23-Dec 47,000
47,000

Miscellaneous Expense
DR. CR.
25-Dec 3,800
3,800
 Utilities Expense
DR. CR.
30-Dec 17,500
17,500

NBA VIDEO STORE

Unadjusted Trial Balance
December 2022
Debit Credit
224,2
Cash 00
67,00
Supplies 0
235,0
Service Vehicle 00
35,00
Furniture and Fixtures 0
28,00
Rent Receivable 0
57,50
Accounts Payable 0
185,0
Notes Payable 00
Bills Payable 2,500
75,00
Unearned Revenue 0
250,0
Adams, Capital 00
47,00
Adams, Drawing 0
183,0
Video Rental Fees 00
65,00
Salaries expense 0
25,00
Rent expense 0
Advertisement Expense 2,500
Transportation Expense 3,000
Miscellaneous Expense 3,800
17,50
Utilities Expense 0

753,0 75300
00 0