DS TRAVEL AGENCY POSTING TO

ASSETS LIABILITY
CASH ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE
DR CR DR CR DR
1 150000

SUPPLIES EQUIPMENT
DR CR DR CR

Note: The first journal entry has been posted.

NCY POSTING TO T-ACCOUNTS

LIABILITY OWNER'S EQUITY

ACCOUNTS PAYABLE SANTOS, CAPITAL SANTOS, DRAWING
CR DR CR DR CR
150000 1

SERVICE REVENUE RENT EXPENSE

DR CR DR CR

ADVERTISING EXPENSE SALARIES & WAGES EXPENSE

DR CR DR CR