Reference no: EM132524621
General Ledger
Account Number Account Title March 1 Opening Balance
101 Cash $ 33,750
112 Accounts Receivable 13,000
115 Notes Receivable 39,000
120 Inventory 20,000
125 Office Supplies 1,000
130 Prepaid Insurance 2,000
157 Equipment 6,450
158 Accumulated Depreciation
Equipment 1,500
201 Accounts Payable 35,000
301 R. Pickman, Capital 78,700
Accounts Receivable Subsidiary Ledger Accounts Payable Subsidiary Ledger Customer March 1 Opening Balance Vendor March 1 Opening Balance
R. Davis $ 1,500 S. Kurnitz $ 9,000
B. Hackett 7,500 R. Michaels 15,000
S. Iverson 4,000 D. Morelli 11,000
Instructions:
Question 1: Create a general ledger with information provided above
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