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  • Date Account Titles and Explanation P.R. Debit Credit: General Journal

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    Thanh Uyên
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    1) Shareholders invested in a business by contributing capital of $20,478. Land, buildings, and equipment were purchased for the business using cash. 2) Revenue was generated from sales and services and paid expenses included advertising, insurance, salaries, and dividends. 3) Accounts payable was used to purchase equipment and later paid in full with cash. The document appears to be a general journal and related ledger accounts for a new business over one month.

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    1) Shareholders invested in a business by contributing capital of $20,478. Land, buildings, and equipment were purchased for the business using cash. 2) Revenue was generated from sales and services and paid expenses included advertising, insurance, salaries, and dividends. 3) Accounts payable was used to purchase equipment and later paid in full with cash. The document appears to be a general journal and related ledger accounts for a new business over one month.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    4 views42 pages

    Date Account Titles and Explanation P.R. Debit Credit: General Journal

    Uploaded by

    Thanh Uyên
    1) Shareholders invested in a business by contributing capital of $20,478. Land, buildings, and equipment were purchased for the business using cash. 2) Revenue was generated from sales and services and paid expenses included advertising, insurance, salaries, and dividends. 3) Accounts payable was used to purchase equipment and later paid in full with cash. The document appears to be a general journal and related ledger accounts for a new business over one month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 42

    GENERAL JOURNAL Page 1

    Date Account Titles and Explanation P.R. Debit Credit


    1-Mar Cash 101 20,478
    Share capital 301 20,478
    Shareholders invested in business

    3-Mar Land 182 12,000


    Building 173 2,000
    Equipment 163 1,000
    Cash 101 15,000
    Purchased Rainbow Goft Land by cash

    5-Mar Advertising ex 655 978


    Cash 101 978
    Paid advertising ex by cash

    6-Mar Prepaid insurance 128 600


    Cash 101 600
    Prepaid insurance by cash

    10-Mar Equipment 163 1,050


    AP 201 1,050
    Purchased equipment on accounts

    18-Mar Cash 101 1,178


    Revenue 404 1,178
    Performed revenue

    19-Mar Cash 101 1,500


    Revenue 404 1,500
    Sold 150 coupon books in cash

    25-Mar Dividends 407 878


    Cash 101 878
    Declared and paid dividend by cash

    30-Mar Salaries ex 622 250


    Cash 101 250
    Paid salaries ex by cash

    GENERAL JOURNAL Page 2

    Date Account Titles and Explanation P.R. Debit Credit


    AP 201 1,050
    Cash 101 1,050
    Pais Wang company in full

    31-Mar Cash 101 2,700


    Revenue 404 2,700
    Received in cash for goft fees

    GENERAL JOURNAL Page 3

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 4

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 5

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 6

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 7

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 8

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 9

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 9

    Date Account Titles and Explanation P.R. Debit Credit


    GENERAL JOURNAL Page 10

    Date Account Titles and Explanation P.R. Debit Credit


    CASH LEDGER CODE:101
    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    1-Mar Shareholders invested business GJ1 20478 20478
    3-Mar Purchased Rainbow Goft Land by cash GJ1 15000 5478
    5-Mar Paid advertising ex by cash GJ1 978 4500
    6-Mar Prepaid insurance by cash GJ1 600 3900
    18-Mar Performed revenue GJ1 1178 5078
    19-Mar Sold 150 coupon books in cash GJ1 1500 6578
    25-Mar Declared and paid dividend by cash GJ1 878 5700
    30-Mar Paid salaries ex by cash GJ1 250 5450
    Pais Wang company in full GJ2 1050 4400
    31-Mar Received in cash for goft fees GJ2 2700 7100

    LAND CODE: 182


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    3-Mar Purchased Rainbow Goft Land by cash GJ1 12000 12000

    EQUIPMENT CODE: 163


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    3-Mar Purchased Rainbow Goft Land by cash GJ1 1000 1000
    10-Mar Purchased equipment on accounts GJ1 1050 2050
    PREPAID INSURANCE CODE: 128
    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    6-Mar Prepaid insurance by cash GJ1 600 600

    REVENUES LEDGER CODE: 404


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    18-Mar Performed revenue GJ2 1178 1178
    19-Mar Sold 150 coupon books in cash GJ2 1500 2678
    31-Mar Received in cash for goft fees GJ2 2700 5378

    SALARIES EXPENSE LEDGER CODE: 622


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    30-Mar Paid salaries ex by cash GJ1 250 250

    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance
    SHARE CAPITAL CODE: 301
    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    1-Mar Shareholders invested business GJ1 20478 20478

    BUILDING CODE: 173


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    3-Mar Purchased Rainbow Goft Land by cash GJ1 2000 2000

    ADVERTISING EXPENSE CODE: 655


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    5-Mar Paid advertising ex by cash GJ1 978 978
    ACCOUNTS PAYABLE LEDGER CODE: 201
    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    10-Mar Purchased equipment on accounts GJ1 1050 1050
    30-Mar Pais Wang company in full GJ2 1050 0

    DIVIDENDS LEDGER CODE: 407


    DATE EXPLANTION PR Debit Credit Balance
    Opening balance 0
    25-Mar Declared and paid dividend by cash GJ1 878 -878

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance

    Cash
    DATE EXPLANTION PR Debit Credit Balance
    Cash
    DATE EXPLANTION PR Debit Credit Balance
    A.R SUBSIDIARY LEDGER
    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE
    A.R SUBSIDIARY LEDGER
    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.R SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE
    A.R SUBSIDIARY LEDGER
    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE
    A.P SUBSIDIARY LEDGER
    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE
    A.P SUBSIDIARY LEDGER
    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE

    A.P SUBSIDIARY LEDGER


    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE
    A.P SUBSIDIARY LEDGER
    NAME OF CUSTOMERS: ____________
    DATE PR DEBIT CREDIT BALANCE
    Trial Balance

    Debit Credit
    Cash ¥ 7,100
    Prepaid insurance ¥ 600
    Equipment ¥ 2,050
    Building ¥ 2,000
    Land ¥ 12,000
    Accounts payable ¥ -
    Share capital ¥ 20,478
    Revenues ¥ 5,378
    Dividend ¥ -878
    Salaries expense ¥ 250
    Advertising expense ¥ 978
    TOTAL ¥ 24,978 ¥ 24,978

    Trial Balance

    Debit Credit
    Trial Balance

    Debit Credit
    Trial Balance

    Debit Credit
    Trial Balance

    Debit Credit
    Unadjusted TB Adjustments
    Account titles Debit Credit Debit
    WORKSHEET

    Adjustments Adjusted TB Income statement BS and Stmt Of Owner’s Eq


    Credit Debit Credit Debit Credit Debit
    d Stmt Of Owner’s Equity Closing entries Post-closing TB
    Credit Debit Credit Debit Credit

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