JOURNAL

Dec. Particulars dr cr

1 Cash 300,000
Vic Castro, Capital 300,000

1 Prepaid Rent 40,000

Cash 40,000

2 Photography Equipment 100,000

Accounts Payable 100,000

5 Office Equipment 50,000

Cash 50,000

8 Photography Supplies 30,000

Cash 30,000

15 Cash 70,000
Portrait Revenue 70,000

16 Accounts Receivable 25,000

Portrait Revenue 25,000

21 Accounts Payable 50,000

Cash 50,000

22 Utilties expense 15,000

Cash 15,000

28 Cash 12,000
Accounts Receivable 12,000

29 Vic Castro, Drawing 20,000

Cash 20,000

30 Cash 22,000
Portrait Revenue 22,000

30 Wages expense 25,000

Cash 23,000
 CASH
Date Date
Dec. Items P/R Dr Dec.
1 300,000 1

15 70,000 5

28 12,000 8

30 22,000 21

22

29

30
404000
-228,000
176000

Accounts Receivable

Date Dr.

16 25,000 28
-12,000
13000

Photography Supplies
Date Dr.

8 30,000

Prepaid Rent

Date
Dr
1 40,000
 ACCNT101

Items P/R Cr
40,000

50,000

30,000

50,000

15,000

20,000

23,000
228000

ACCNT102

Cr.

12,000

phy Supplies Accnt103

Cr.

Accnt 104

Cr
 JOURNAL

Dec. Particulars dr cr

1 Cash 300,000
Vic Castro, Capital 300,000

1 Prepaid Rent 40,000

Cash 40,000

2 Photography Equ 100,000

Accounts Payable 100,000

5 Office Equipment 50,000

Cash 50,000

8 Photography Supp 30,000

Cash 30,000

15 Cash 70,000
Portrait Revenue 70,000

16 Accounts Receiva 25,000

Portrait Revenue 25,000

21 Accounts Payab 50,000

Cash 50,000

22 Utilties expense 15,000

Cash 15,000

28 Cash 12,000
Accounts Receivable 12,000

29 Vic Castro, Drawi 20,000

Cash 20,000

30 Cash 22,000
Portrait Revenue 22,000

30 Wages expense 23,000

Cash 23,000

TOTAL  757000 757000