Complete a general ledger based on the below

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter11: Depreciation, Depletion, Impairment, And Disposal
Section: Chapter Questions
Problem 2MC: Vorst depreciates Asset A on the double-declining-balance method. How much depreciation expense...
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Complete a general ledger based on the below

Date
Accounts
Dr
Cr
Depreciation Expense - Motor Vehicle
Accum. Depreciation - Motor Vehicle
31/08/2021
700
700
Wage Expense
Wages Payable
PAYG Withheld
31/08/2021
7,350
6,027
1,323
31/08/2021
Unearned Revenue
28,380
Sales Revenue
25,542
GST Collected
2,838
31/08/2021
Interest Receivable
128
Interest Revenue
128
31/08/2021
Rent Expense
1,820
Prepaid Rent
1,820
Office Supplies Expense
Office Supplies
31/08/2021
40
40
Depreciation Expense - Office Furniture
Accum. Depreciation - Office Furniture
31/08/2021
480
480
Wage Expense
Wages Payable
31/08/2021
8,680
7,812
PAYG Withheld
868
31/08/2021
Insurance Expense
990
Prepaid Insurance
990
Transcribed Image Text:Date Accounts Dr Cr Depreciation Expense - Motor Vehicle Accum. Depreciation - Motor Vehicle 31/08/2021 700 700 Wage Expense Wages Payable PAYG Withheld 31/08/2021 7,350 6,027 1,323 31/08/2021 Unearned Revenue 28,380 Sales Revenue 25,542 GST Collected 2,838 31/08/2021 Interest Receivable 128 Interest Revenue 128 31/08/2021 Rent Expense 1,820 Prepaid Rent 1,820 Office Supplies Expense Office Supplies 31/08/2021 40 40 Depreciation Expense - Office Furniture Accum. Depreciation - Office Furniture 31/08/2021 480 480 Wage Expense Wages Payable 31/08/2021 8,680 7,812 PAYG Withheld 868 31/08/2021 Insurance Expense 990 Prepaid Insurance 990
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