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    Ken Marl Besanes
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    The document contains journal entries recording various business transactions for an accounting period. It records transactions such as purchases of supplies, prepaid expenses, revenue recognition, depreciation of assets, and salary expenses. The journal entries have account titles, date, debit and credit amounts.

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    The document contains journal entries recording various business transactions for an accounting period. It records transactions such as purchases of supplies, prepaid expenses, revenue recognition, depreciation of assets, and salary expenses. The journal entries have account titles, date, debit and credit amounts.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views13 pages

    Untitled

    Uploaded by

    Ken Marl Besanes
    The document contains journal entries recording various business transactions for an accounting period. It records transactions such as purchases of supplies, prepaid expenses, revenue recognition, depreciation of assets, and salary expenses. The journal entries have account titles, date, debit and credit amounts.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 13

    ORIG ENTRIES SET 1

    Date Account Titles P.R Debit

    Office supplies 10,000


    Cash

    Date Account Titles P.R Debit

    WALA NI ENTRY

    Date Account Titles P.R Debit

    Prepaid insurance 120,000


    Cash

    Date Account Titles P.R Debit

    WALA NI ENTRY

    Date Account Titles P.R Debit

    Service revenue 288,330


    Unearned Service revenue

    Date Account Titles P.R Debit

    WALA NI ENTRY

    Date Account Titles P.R Debit

    WALA NI ENTRY
    SET 2
    Credit Date

    10,000

    Credit Date

    Credit Date

    120,000

    Credit Date

    Credit Date

    288,330

    Credit Date

    Credit
    Account Titles P.R Debit Credit

    Prepaid Insurance 21,600


    Cash 21,600

    Account Titles P.R Debit Credit

    AMBOT

    Account Titles P.R Debit Credit

    Unearned service revenue 27,800


    Revenue 27,800

    pm P.R Debit Credit

    Depreciation Expense 47,040


    Accumulated Depreciation- Office Equipment 47,040

    Account Titles P.R Debit Credit

    Salaries Expense 70,000


    Salaries Payable 70,000

    Account Titles P.R Debit Credit

    Salaries Expense 17,500


    Salaries Payable 70,000
    Cash 87,500
    SET 1
    Date Account Titles P.R Debit

    Office supplies expense 17,000


    Office supplies

    Date Account Titles P.R Debit

    Depreciation 59,000
    Accumulated Depreciation

    Date Account Titles P.R Debit

    Insurance Expense 40,000


    Prepaid Insurance

    Date Account Titles P.R Debit

    Insurance expense 25,000


    Insurance payable

    Date Account Titles P.R Debit

    Unearned Revenue 192,220


    Service Revenue

    Date Account Titles P.R Debit

    Salaries expense 50,000


    Salaries Payable

    Date Account Titles P.R Debit

    Accounts Receivable 9,300


    Service Revenue
    SET 2
    Credit Date Account Titles

    PREDPAID INSURANCE
    17,000 INSURANCE EXPENSE

    Credit Date Account Titles

    Office Supplies
    59,000 Office Supplies Expense

    Credit Date Account Titles

    SERVICE REVENUE
    40,000 UNEARNED REVENUE

    Credit Date Account Titles

    Depreciation Expense
    25,000 Accumulated Depreciation- Office E

    Credit Date Account Titles

    Salaries Expense
    192,220 Salaries Payable

    Credit Date Account Titles

    1-Dec Salaries Expense


    50,000 Accrued Salaries Payable
    Cash

    Credit

    9,300
    Account Titles P.R Debit Credit

    EDPAID INSURANCE 14,400


    SURANCE EXPENSE 14,400

    Account Titles P.R Debit Credit

    ffice Supplies 13,365


    ffice Supplies Expense 13,365

    Account Titles P.R Debit Credit

    RVICE REVENUE 20,850


    NEARNED REVENUE 20,850

    Account Titles P.R Debit Credit

    epreciation Expense 47,040


    cumulated Depreciation- Office Equipment 47,040

    Account Titles P.R Debit Credit

    laries Expense 70,000


    laries Payable 70,000

    Account Titles P.R Debit Credit

    laries Expense 17,500


    crued Salaries Payable 70,000
    87,500
    SET 3
    Date Account Titles P.R

    Insurance expense
    Prepaid Insurance

    Date Account Titles P.R

    Interest expense
    Interest payable

    Date Account Titles P.R

    Depreciation Expense- Delivery Van


    Accumulated Depreciation - Delivery Van

    Date Account Titles P.R

    Unearned Revenue
    Revenue

    Date Account Titles P.R

    Supplies expense
    Supplies

    Date Account Titles P.R

    Interest receivable
    Interest Revenue

    Date Account Titles P.R

    Rent Expense
    Prepaid rent
    Debit Credit

    16,000
    16,000

    Debit Credit

    1,750
    1,750

    Debit Credit

    100,000
    100,000

    Debit Credit

    27,000
    27,000

    Debit Credit

    11,300
    11,300

    Debit Credit

    4,800
    4,800

    Debit Credit

    50,666.67
    50,667.67
    SET4
    Date Account Titles P.R Debit

    INSURANCE EXPENSE 1,200


    PREPAID INSURANCE

    Date Account Titles P.R Debit

    RENT REVENUE 1,150


    UNEARNED RENT REVENUE

    Date Account Titles P.R Debit

    Advertising materials 475


    Advertising materials expense

    Date Account Titles P.R Debit

    Prepaid rent 1,800


    Rent expense

    Date Account Titles P.R Debit

    Office supplies 250


    Office supplies expense

    Date Account Titles P.R Debit

    Interest expense 248


    interest payable
    SET 5
    Credit Date Account Titles

    1,200

    Credit Date Account Titles

    RENT REVENUE
    1,150 UNEARNED RENT REVENUE

    Credit Date Account Titles

    Advertising materials
    475 Advertising materials expense

    Credit Date Account Titles

    Prepaid rent
    1,800 Rent expense

    Credit Date Account Titles

    Office supplies
    250 Office supplies expense

    Credit Date Account Titles

    Interest expense
    248 interest payable
    Account Titles P.R Debit Credit

    Account Titles P.R Debit Credit

    NT REVENUE 1,150
    NEARNED RENT REVENUE 1,150

    Account Titles P.R Debit Credit

    vertising materials 475


    vertising materials expense 475

    Account Titles P.R Debit Credit

    epaid rent 1,800


    nt expense 1,800

    Account Titles P.R Debit Credit

    ffice supplies 250


    ffice supplies expense 250

    Account Titles P.R Debit Credit

    terest expense 248


    erest payable 248

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