How do i enter this info into t accounts

Reference no: EM131015076

Step 4: Post entries to t accounts. How do I enter this info into T Accounts?

Date	Accounts	Debit	Credit
1-Jul	Cash	15,000.00
	Common Stock		15,000.00
	Contributed cash for common stock

1-Jul	Baking Supplies	8,500.00
	Accounts Payable		8,500.00

3-Jul	Cash	10,000.00
	note payable		10,000.00

7-Jul	Rent	1,500.00
	prepaid	1,500.00
	cash		3,000.00

10-Jul	Business Lic	375.00
	cash		375.00

11-Jul	Cash Register	250.00
	cash		250.00

13-Jul	Baking Equipment	5,000.00
	Common Stock		5,000.00

13-Jul	Advertising Expense	200.00
	cash		200.00

14-Jul	Misc Supplies	300.00
	cash		300.00

30-Jul	Phone bill	45.00
	accounts payable		45.00

31-Jul	Insurance Expense	1,200.00
	cash		1,200.00

31-Jul	Salary Expense	120.00
	Salary expense		120.00

13-Jul	Accounts Receivable	5,000.00
	cash	10,000.00
	sales		15,000.00

Date	Accounts	Debit	Credit
5-Aug	Salary Expense	120.00
	cash		120.00

8-Aug	Accounts Payable	3,200.00
	cash		3,200.00

10-Aug	phone bill	45.00
	cash		45.00

15-Aug	Baking Supplies	5,000.00
	acct payable		5,000.00

15-Aug	Salary Expense	480.00
	Salary Expense		480.00

15-Aug	Rent expense	1,500.00
	cash		1,500.00

18-Aug	cash	1,000.00
	Account Receivable		1,000.00

20-Aug	Accounts Payable	8,500.00
	cash		8,500.00

20-Aug	Salary Payable	480.00
	cash		480.00

22-Aug	Misc supplies	300.00
	cash		300.00

31-Aug	Phone expense	45.00
	accounts payable		45.00

31-Aug	Salary Expense	420.00
	Salary payable		420.00

31-Aug	Accounts Receivable	7,500.00
	cash	12,500.00
	sales		20,000.00

Date	Accounts	Debit	Credit
1-Sep	Dividends	3,000.00
	cash		3,000.00

5-Sep	salary payable	420.00
	cash		420.00

7-Sep	Merch Inventory	60.00
	cash		60.00

8-Sep	cash	4,000.00
	accts receivable		4,000.00

10-Sep	Phone bill	45.00
	cash		45.00

11-Sep	Baking Supplies	7,000.00
	cash		7,000.00

13-Sep	accounts Payable	5,000.00
	cash		5,000.00

15-Sep	salary expense	456.00
	salary payable		456.00

15-Sep	Rent	1,500.00
	cash		1,500.00

15-Sep	cash	68.00
	Merch sales revenue		68.00

15-Sep	Cost of goods sold	48.00
	Merc Inventory		48.00

20-Sep	salary payable	456.00
	cash		456.00

20-Sep	Merc Inventory	122.00
	cash		122.00

24-Sep	cash	153.00
	merch sales rev		153.00

24-Sep	Cost of goods sold	109.60
	merc inventory		109.60

30-Sep	merc inventory	151.25
	cash		151.25

Reference no: EM131015076

Questions Cloud

Corresponding moisture levels for raw material : The ratings discussed in Problem 3 were constructed because the company felt that the moisture levels in the raw material were causing them to have problems in their plant. The data set rat ings2 . txt contains both the ratings and the correspondi..

The cost of the merchandise returned : Journalize Showcase Co.'s entries for (a) the sale, including the cost of the merchandise sold, (b) the credit memo, including the cost of the returned merchandise.

Define normal modes of vibration for principle mode : Define normal modes of vibration for principle mode of vibration - normal modes of vibration for principle mode of vibration in physics

Define two degree of freedom system : Define two degree of freedom system - two degree of freedom system in physics.

How do i enter this info into t accounts : Post entries to t accounts. How do I enter this info into T Accounts?

Histogram for the data and describe properties : (a) Construct a histogram for the data and describe its properties. (b) Construct a runs chart for the data. (c) Write a brief summary of the two data displays contrasting the infor mation gained by each plot.

Define accelerometer for high frequency transducer : Define accelerometer for high frequency transducer - problem related to accelerometer for high frequency transducer in physics.

Evaluate the integral using fnlnt : Computer/Calculator question: The curve y=e0.3x intersects y = 6 - x2 at two places. Finally, evaluate the integral using Fnlnt, or some other Computer Algebra System (round to two decimals).

Construct a runs chart for the empty weight : Construct a runs chart for the empty weight. Include a line at the average empty weight for reference and comment on the chart. Construct a runs chart for the full weight. Include a line at the average full weight for reference and comment on the ..

User Account

All Pages