General Journal Page 1

April 4 Cash 10,000

2002 Accounts Receivable 1,500
Supplies 1,250
Office Equipment 7,500
John, Capital 20,250
To record initial investment of the owner to the
business.

Prepaid Rent 4,500

Cash 4,500
To record payment of rent in advance.

Prepaid Insurance 1,800

Cash 1,800
To record payment of 1 year premium insurance in
advance.

6 Cash 3,000
Unearned Service Revenue 3,000
To record cash received in advance for services to be
provided.

7 Furniture and Fixtures 1,800

Accounts Payable 1,800
To record purchased of furniture on account.

8 Cash 800
Accounts Receivable 800
To record cash received from clients on account.

11 Advertising Expense 120

Cash 120
To record payment of advertisement.

12 Accounts Payable 800

Cash 800
To record payment of debt incurred.

15 Accounts Receivable 2,250

Service Revenue 2,250
To record services rendered on account.

Salaries Expense 400

Cash 400
To record payment of salaries to part-time
receptionist.

Cash 3,175
Service Revenue 3,175
To record cash received for services rendered.

18 Supplies 750
Cash 750
to record purchased of supplies for cash.
General Journal Page 2
22 Accounts Receivable 1,100
Service Revenue 1,100
To record services rendered on account.

Cash 1,850
Service Revenue 1,850
To record services rendered for cash.

25 Cash 1,600
Accounts Receivable 1,600
To record cash received from clients on account.

27 Salaries Expense 400

Cash 400
To record payment of salaries to part-time
receptionist.

28 Telephone Expense 130

Cash 130
To record payment of telephone bill.

29 Utilities Expense 200

Cash 200
To record payment of electricity bill.

Cash 2,050
Service Revenue 2,050
To record cash received for services rendered.

Accounts Receivable 1,000

Service Revenue 1,000
To record services rendered on account.

Salaries Expense 4,500

Cash 4,500
To record payment of salaries.

Cash
April 4 10,000 4,500 April 4
6 3,000 1,800
8 800 120 11
15 3,175 800 12
22 1,850 400 15
25 1,600 750 18
29 2,050 400 27
130 28
200 29
4,500
Bal. 8,875

Accounts Receivable
April 4 1,500 800 April 8
15 2,250 1,600 25
22 1,100
29 1,000
Bal. 3,450

Supplies
April 4 1,250
18 750
Bal. 2,000

Furniture and Fixtures

April 7 1,800
Bal. 1,800

Office Equipment
April 4 7,500
Bal. 7,500

Prepaid Rent
April 4 4,500
Bal. 4,500

Prepaid Insurance
April 4 1,800
Bal. 1,800

Accounts Payable
April 12 800 1,800 April 7
Bal. 1,000

John, Capital
20,250 April 4
Bal. 20,250

Service Revenue
2,250 April 15
3,175
1,100 22
1,850
2,050 29
1,000
Bal. 11,425

Unearned Service Revenue

3,000 April 6
 Bal. 3,000

Advertising Expense
April 11 120
Bal. 120

Salaries Expense
April 15 400
27 400
29 4,500
Bal. 5,300

Telephone Expense
April 28 130
Bal. 130

Utilities Expense
April 29 200
Bal. 200

Addams & Family Inc.

Unadjusted Trial Balance
December 31, 2002

Accounts Debit Credit

Cash 8,875
Accounts Receivable 3,450
Supplies 2,000
Furniture and Fixtures 1,800
Office Equipment 7,500
Prepaid Rent 4,500
Prepaid Insurance 1,800
Accounts Payable 1,000
John, Capital 20,250
Service Revenue 11,425
Unearned Service Revenue 3,000
Advertising Expense 120
Salaries Expense 5,300
Telephone Expense 130
Utilities Expense 200
Totals 35,675 35,675

Closing Entries
Service Revenue 13,425
Unearned Service Revenue 1,000
Income Summary 14,425
To close all income accounts to income summary.

Income Summary 8,900

Advertising Expense 120
Salaries Expense 5,320
 Telephone Expense 130
Utilities Expense 200
Insurance Expense 150
Supplies Expense 980
Depreciation Expense 500
Rent Expense 1,500
To close all expense accounts to income summary

Income Summary 5,525

Entity A, Capital 5,525
To close income summary to the appropriate
capital account.