Homework Help is Here – Start Your Trial Now!
Business
Accounting
DATE Jan. 01 Jan 04 Jan 06 Jan. 07 Jan 08 Jan. 09 Jan 10 DATE Jan 10 Jan 28 Jan. 31 ACCOUNT TITLE Allison Schmidt Capital Supplies Accounts Payable, Office Central Accounts Receivable, Bob Wion Accounts Receivable, Bob Wilson ✓ Advertising Expense Carried Forward ACCOUNT FIVE COLUMN JOURNAL Brought Forward ✓ Totals DOC. POST NO. REF DEBIT R1 M1 S1 R2 R3✔ C4 GENERAL $1,100 00 R23✔ $250 00 CREDIT $5,000.00 $1,100.00 $100.00 FIVE COLUMN JOURNAL DOC. POST NO. SALES CREDIT GENERAL $250 00 OFFIT CREDIT $1,750 00 $6.200 00 $400.00 $400.00 ✓$1.750.00 $6.200 00 $1.050 00 $5.900.00 $ 400.00 SALES CREDIT $1,050 00 $450 00 $1,750.00 $6.200 00 $1,500.00 CASH DEBIT $5,000.00 $ 100.00 $800 00$ 800 00 CREDIT CASH DENT CREDIT $5,900 00 $ 400 00 $ 450 00 $6,350 00 $ 400 00 ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ITEM ITEM REM TEM ITEM ITEM ITEM POST REF. POST. REF POST. REF POST POST POST REF. POST REF POST. REF DEBIT DEBIT Deem DEB DEBIT ACCOUNT NO BALANCE CREDIT DEBIT CRED ACCOUNT NO CREDIT DEBIT CREDIT ACCOUNT NO CREDIT BALANCE DE BALANCE ACCOUNT NO BALANCE CREDIT DEBIT CREDIT ACCOUNT NO CREDIT CREDIT BALANCE CREDIT DEBIT CREDIT ACCOUNT NO. BALANCE DEBIT CREDT DEBIT CREDIT ACCOUNT NO BALANCE DENT CREDIT

DATE Jan. 01 Jan 04 Jan 06 Jan. 07 Jan 08 Jan. 09 Jan 10 DATE Jan 10 Jan 28 Jan. 31 ACCOUNT TITLE Allison Schmidt Capital Supplies Accounts Payable, Office Central Accounts Receivable, Bob Wion Accounts Receivable, Bob Wilson ✓ Advertising Expense Carried Forward ACCOUNT FIVE COLUMN JOURNAL Brought Forward ✓ Totals DOC. POST NO. REF DEBIT R1 M1 S1 R2 R3✔ C4 GENERAL $1,100 00 R23✔ $250 00 CREDIT $5,000.00 $1,100.00 $100.00 FIVE COLUMN JOURNAL DOC. POST NO. SALES CREDIT GENERAL $250 00 OFFIT CREDIT $1,750 00 $6.200 00 $400.00 $400.00 ✓$1.750.00 $6.200 00 $1.050 00 $5.900.00 $ 400.00 SALES CREDIT $1,050 00 $450 00 $1,750.00 $6.200 00 $1,500.00 CASH DEBIT $5,000.00 $ 100.00 $800 00$ 800 00 CREDIT CASH DENT CREDIT $5,900 00 $ 400 00 $ 450 00 $6,350 00 $ 400 00 ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ITEM ITEM REM TEM ITEM ITEM ITEM POST REF. POST. REF POST. REF POST POST POST REF. POST REF POST. REF DEBIT DEBIT Deem DEB DEBIT ACCOUNT NO BALANCE CREDIT DEBIT CRED ACCOUNT NO CREDIT DEBIT CREDIT ACCOUNT NO CREDIT BALANCE DE BALANCE ACCOUNT NO BALANCE CREDIT DEBIT CREDIT ACCOUNT NO CREDIT CREDIT BALANCE CREDIT DEBIT CREDIT ACCOUNT NO. BALANCE DEBIT CREDT DEBIT CREDIT ACCOUNT NO BALANCE DENT CREDIT

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Notes: In the General Ledger: Write the date of the transaction. Write the amount in the debit or credit column of the ledger as shown in the journal. Write the journal page number in the Post. Ref. column of the ledger. The five column journal attached at the top is the first journal. Calculate the balance. Hint: The balance of each account should reflect that account’s normal balance. In the journal, write the ledger account number in the Post. Ref. column.

 

Note 2: There are 7 general ledger columns that must be filled. Only two boxes need to be filled in, in each one.

Open a general ledger account for each of the accounts listed in the chart of accounts above.

  1. Post the separate amounts on each line of the journals that need to be posted separately.
  2. Post the journal’s special amount column totals.
DATE Jan. 01 Jan 04 Jan 06 Jan. 07 Jan, 08 Jan. 09 Jan. 10 DATE Jan 10 Jan 28 Jan. 31 ACCOUNT TITLE Alison Schmidt, Capital Supplies Accounts Payable, Office Central Accounts Receivable, Rob Wikon Accounts Receivable, Bob Wilson ✔ Advertising Expense Carried Forward ACCOUNT FIVE COLUMN JOURNAL Brought Forward ✔ Totals DOC. POST NO. REF. DEBIT R1 M1 S1 R2 R3✔ C4 GENERAL $1,100.00 R23✔ $ 250.00 CREDIT $5,000.00 $1,100.00 DOC. POST NO. REF. DERIT $ 100.00 FIVE COLUMN JOURNAL GENERAL SALES CREDIT $ 250.00 CREDIT $1,750.00 $6,200.00 $400.00 $ 400.00 $1,750.00 $6,200.00 $1,050.00 $5,900.00 $ 400.00 CASH DEBIT $5,000.00 $ 100.00 $ 800.00 $ 800 00 SALES CREDIT CREDIT CASH CREDIT DERIT $1,050.00 $5,900.00 $ 400.00 $ 450.00 $ 450.00 $1,750.00 $6,200.00 $1,500.00 $6,350.00 $ 400.00 ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ITEM ITEM ITEM ITEM ITEM ITEM ITEM POST. REF POST REF DEBIT POST RET POST. REP POST REF POST REF DEBIT POST REF DEBIT DEBIT DEBIT DEBIT DEBIT ACCOUNT NO CREDIT ACCOUNT NO CREDIT BALANCE CREDIT DEBIT CREDIT DEBIT CREDIT ACCOUNT NO CREDIT BALANCE CREDIT ACCOUNT NO. BALANCE DEBIT CREDIT ACCOUNT NO. BALANCE DEBIT CREDIT CRED BALANCE ACCOUNT NO. DEBIT CREDIT BALANCE CREDIT DEBIT CREDIT ACCOUNT NO BALANCE DEBIT CREDIT
Transcribed Image Text:DATE Jan. 01 Jan 04 Jan 06 Jan. 07 Jan, 08 Jan. 09 Jan. 10 DATE Jan 10 Jan 28 Jan. 31 ACCOUNT TITLE Alison Schmidt, Capital Supplies Accounts Payable, Office Central Accounts Receivable, Rob Wikon Accounts Receivable, Bob Wilson ✔ Advertising Expense Carried Forward ACCOUNT FIVE COLUMN JOURNAL Brought Forward ✔ Totals DOC. POST NO. REF. DEBIT R1 M1 S1 R2 R3✔ C4 GENERAL $1,100.00 R23✔ $ 250.00 CREDIT $5,000.00 $1,100.00 DOC. POST NO. REF. DERIT $ 100.00 FIVE COLUMN JOURNAL GENERAL SALES CREDIT $ 250.00 CREDIT $1,750.00 $6,200.00 $400.00 $ 400.00 $1,750.00 $6,200.00 $1,050.00 $5,900.00 $ 400.00 CASH DEBIT $5,000.00 $ 100.00 $ 800.00 $ 800 00 SALES CREDIT CREDIT CASH CREDIT DERIT $1,050.00 $5,900.00 $ 400.00 $ 450.00 $ 450.00 $1,750.00 $6,200.00 $1,500.00 $6,350.00 $ 400.00 ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ACCOUNT DATE ITEM ITEM ITEM ITEM ITEM ITEM ITEM POST. REF POST REF DEBIT POST RET POST. REP POST REF POST REF DEBIT POST REF DEBIT DEBIT DEBIT DEBIT DEBIT ACCOUNT NO CREDIT ACCOUNT NO CREDIT BALANCE CREDIT DEBIT CREDIT DEBIT CREDIT ACCOUNT NO CREDIT BALANCE CREDIT ACCOUNT NO. BALANCE DEBIT CREDIT ACCOUNT NO. BALANCE DEBIT CREDIT CRED BALANCE ACCOUNT NO. DEBIT CREDIT BALANCE CREDIT DEBIT CREDIT ACCOUNT NO BALANCE DEBIT CREDIT
Chart of (100) Assets 110 Cash 120 Accounts Receivable - Bob Wilson 130 Supplies (200) 210 Accounts Payable - Office Central Liabilities Account's (300) Owner's Equity 310 Allison Schmidt, Capital (400) Revenue 410 Sales (500) Expenses 510 Advertising Expense
Transcribed Image Text:Chart of (100) Assets 110 Cash 120 Accounts Receivable - Bob Wilson 130 Supplies (200) 210 Accounts Payable - Office Central Liabilities Account's (300) Owner's Equity 310 Allison Schmidt, Capital (400) Revenue 410 Sales (500) Expenses 510 Advertising Expense
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 8 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS