General Journal

Date Accounts Title & Explanation F Debit Credit

4/1 Cash 500,000
Ferrer, Capital 500,000

Transportation Equipment 250,000

Accounts Payable 125,000
Cash 125,000

Rental Expense 5,000

Cash 5,000

4/5 Cash 8,000

Service Income 8,000

4/8 Accounts Receivable 30,000

Service Income 30,000

4/10 Salaries Expense 10,000

Cash 10,000

4/15 Accounts Receivable 15,000

Cash 20,000
Service Income 35,000

4/18 Utilities Expense 2,000

Cash 2,000

4/20 Cash 15,000

Accounts Receivable 15,000

4/25 Office Supplies 2,300

Cash 2,300

4/29 Cash 18,000

Service Income 18,000
 Cash Accounts Receivable
4/1 500,000 125,000 4/8 30,000
5,000 4/15 15,000
4/5 8,000 15,000 4/20
10,000 4/10 30,000
4/15 20,000
2,000 4/18
4/20 15,000
2,300 4/25
4/29 18,000
416,700

Ferrer, Capital Service Income

500,000 4/1 8,000 4/5
30,000 4/8
35,000 4/15
18,000 4/29
91,000
 Transportation Equipment Office Supplies
4/1 250,000 4/25 2,300

Rental Expense Salaries Expense

4/1 5,000 4/10 10,000
 Accounts Payable
125,000 4/1

Utilities Expense
4/18 2,000
Account Title and Explanation Debit Credit
Cash 416,700
Accounts Receivable 30,000
Transport Equipment 250,000
Office Supplies 2,300
Accounts Payable 125,000
Ferrer, Capital 500,000
Service Income 91,000
Rental Expense 5,000
Salaries Expense 10,000
Utilities Expense 2,000
Total 716,000 716,000