Accounting and Finance Foundations

(Chris Devlin) #1

Unit 6


Accounting and Finance Foundations Unit 6: Journalizing 477

Chapter 6

Journalizing


Chapter 16Chapter 6


Page 2

General Journal


Date

Account
Number

Description of Transaction Debit Credit

22 12/21/20YY 320 Owner’s Draw, David Smith $600.00

23 110 Cash $600.00

24 David Smith withdrew to get shutters for
his home

25 12/21/20YY 130 Supplies $500.00

26 310 Captial, David Smith $500.00

27 David Smith contributed a computer to
his business.

28 12/21/20YY 520 Utilities Expense $200.00

29 110 Cash $200.00

30 Paid utility bill for December.

31 12/23/20YY 130 Supplies $5,000.00

32 210 Accounts Payable $5,000.00

33 Bought an antique desk for office on account.

34 12/29/20YY 110 Cash $995.00

35 120 Accounts Receivable $995.00

36 Received payment for Tree & Lawn removal
Services from Star Bank.

37 12/29/20YY 130 Supplies $250.00

38 110 Cash $250.00

39 Purchased calculator for office.

40 12/30/20YY 130 Supplies $2,000.00

41 110 Cash $2,000.00

42 Purchased office furniture with cash.

Total $32,940.00 $32,940.00

16.3.1 Completing Subsidiary Ledgers (cont’d)


Name: ____________________________________________________ Date: ______________________

Student Assignment

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