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Journalize the march transactions

Assignment Help Financial Accounting
Reference no: EM13510068

Mar. 1 Invested $10,531 cash in the business.

1 Purchased used truck for $5,670, paying $2,835 cash and the balance on account.

3 Purchased cleaning supplies for $1,187 on account.

5 Paid $1,692cash on one-year insurance policy effective March 1.

14 Billed customers $4,938 for cleaning services.

18 Paid $1,172 cash on amount owed on truck and $536on amount owed on cleaning supplies.

20 Paid $1,799 cash for employee salaries.

21 Collected $1,983 cash from customers billed on March 14.

28 Billed customers $2,536 for cleaning services.

31 Paid gasoline for month on truck $355.

31 Withdrew $707 cash for personal use.

Journalize the March transactions.(Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date Account Titles and Explanation Debit Credit
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31


Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31

 

Post the March transactions.(Post entries in the order of journal entries posted above.)

Cash


No. 101
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Accounts Receivable


No. 112
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Supplies


No. 128
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Prepaid Insurance


No. 130
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Equipment


No. 157
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Accounts Payable


No. 201
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Owner's Capital


No. 301
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Owner's Drawings


No. 306
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Service Revenue


No. 400
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Gasoline Expense


No. 633
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1
Salaries and Wages Expense


No. 726
Date Explanation Ref Debit Credit Balance
Mar. 1Mar. 3Mar. 5Mar. 14Mar. 18Mar. 20Mar. 21Mar. 28Mar. 31
J1

Reference no: EM13510068

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