109_pdfsam_accounting 23ed - warren copy
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AccountancyTRANSCRIPT
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Chapter 2 Analyzing Transactions 75
Rent Expense Cash Paid ofce rent for April.
Equipment Accounts Payable Purchased equipment on account.
Cash Accounts Receivable Received cash on account.
Supplies Accounts Payable Purchased supplies.
Accounts Payable Equipment Returned defective equipment.
Accounts Payable Cash Paid creditors on account.
Prepaid Insurance Cash Renewed six-month property policy.
Accounts Payable Cash Recorded March payment to creditor.
Journal Page 27
Date DescriptionPost.Ref. Debit Credit
1
3
5
8
9
12
17
20
5311
1822
1112
1322
2218
2211
1411
2211
800
2,100
3,150
245
325
1,250
370
200
800
2,100
3,150
245
325
1,250
370
200
Laboratory Expense Cash Paid for laboratory analysis.
J. F. Outz, Drawing Cash J. F. Outz withdrew cash for personal use.
Cash Professional Fees Received fees from patients.
Salary Expense Cash Paid salaries.
Utilities Expense Cash Paid utilities.
Accounts Receivable Professional Fees Recorded fees earned on account.
Miscellaneous Expense Cash Paid expenses.
Journal Page 28
Date DescriptionPost.Ref. Debit Credit
24
27
30
30
30
30
30
5511
3211
1141
5111
5611
1241
5911
545
1,250
1,720
1,725
360
5,145
132
545
1,250
1,720
1,725
360
5,145
132
Balance 2727272727282828282828
3,150
1,720
Date ItemPost.Ref. Debit Credit
Apr. 1 1 5
12 17 20 24 27 30 30 30 30
800
1,250370200545
1,250
1,725360132
4,1233,3236,4735,2234,8534,6534,1082,8584,5782,8532,4932,361
Debit Credit
Balance
Account No. 11Account Cash
Balance 2728
Date ItemPost.Ref. Debit Credit
Apr. 1 5 30
2009
Apr. 2009
Apr. 2009
2009
Debit Credit
Balance
Account No. 12Account Accounts Receivable
5,145
6,7253,5758,720
3,150
Balance 27
Date ItemPost.Ref. Debit Credit
Apr. 1 8
2009
Debit Credit
Balance
Account No. 13Account Supplies
245290535
Solution 1., 2., and 3.