Complete workbook with the above information Asset Accounts Liability Accounts E
ID: 2579667 • Letter: C
Question
Complete workbook with the above information
Asset Accounts Liability Accounts Equity Accounts Acct # Acct # Acct # Cash Baking Supplies Prepaid Rent Prepaid Insurance BakingEquipment Misc. Supplies Accounts Receivable 101 Notes Payable 102 Accounts Payable 103 Wages Payable 104 Interest Payable 105 106 107 108 109 201 Common Stock 202 Dividends 203 204 301 302 Accumulated Depreciation Merchandise Inventory Revenue Accounts Acct # Bakery Sales Merchandise Sales 401 402 This chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page: this is simply a resource for you. Expense Accounts Acct # Baking Supplies Expense Rent Expense Insurance Expense Misc. Expense Business License Epense Advertising Expense Wages Expense Telephone Expense Interest Expense Depreciation Expense Misc. Supplies Expense Cost of Goods Sold 501 502 503 504 505 506 507 508 509 510 511 512Explanation / Answer
General Journal
date
explanation
Debit
credit
5-Aug
salaries payable
cash
8-Aug
cash
3200
accounts receivables
3200
10-Aug
telephone expense payable
cash
15-Aug
baking supplies
5000
accounts payable
5000
15-Aug
wages expense
wages payable
15-Aug
rent expense
1500
cash
1500
18-Aug
cash
1000
accounts receivables
1000
20-Aug
accounts payable
8500
cash
8500
20-Aug
salaries payable
cash
22-Aug
misc. supplies
300
accounts payable
300
31-Aug
telephone expense
45
telephone expense payable
45
31-Aug
wages expense
wages payable
31-Aug
cash
12500
accounts receivables
7500
sales revenue
20000
General Journal
date
explanation
Debit
credit
5-Aug
salaries payable
cash
8-Aug
cash
3200
accounts receivables
3200
10-Aug
telephone expense payable
cash
15-Aug
baking supplies
5000
accounts payable
5000
15-Aug
wages expense
wages payable
15-Aug
rent expense
1500
cash
1500
18-Aug
cash
1000
accounts receivables
1000
20-Aug
accounts payable
8500
cash
8500
20-Aug
salaries payable
cash
22-Aug
misc. supplies
300
accounts payable
300
31-Aug
telephone expense
45
telephone expense payable
45
31-Aug
wages expense
wages payable
31-Aug
cash
12500
accounts receivables
7500
sales revenue
20000
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.