Ledger the following information that I have journalized into 1-Feb Inventory 600 Cash 600 4-Feb Supplies 500 Accounts payable 500 4-Feb Utilities payable 300 Cash 300 6-Feb Accounts payable 330 cash 330 12-Feb Salaries payable 1000 Salaries expense 200 Cash 1200 8-Feb Cash 1350 Sales revenue 1350 8-Feb Cost of goods sold 450 Inventory 450 10-Feb Inventory 550 Cash 550 14-Feb Cash 4500 Unearned service revenue 4500 15-Feb Cash 5900 Accounts receivable 500 Service revenue 6400 24-Feb Cash 1230 Sales revenue 1230 24-Feb Cost of goods sold 436 Inventory 436 26-Feb Salaries expenses 1200 Cash 1200 26-Feb Inventory 360 Accounts payable 360 27-Feb Cash 580 Sales revenue 580 27-Feb Cost of goods sold 336 Inventory 336 28-Feb Cash 5560 Accounts receivable 660 Service revenue 6220 28-Feb Cash 960 Accounts receivable 960 28-Feb Salary expenses 3800 Dividend 600 Cash 4400 Adjustments 28-Feb Depreciation expenses 45 Accumulated depreciation expenses 45 28-Feb Salary expenses 200 Salary payables 200 28-Feb Supplies expenses 1132 Supplies payable 1132 28-Feb Utilities expenses 386 Utilities payable 386 28-Feb Cost of goods sold 206 Inventory 206 28-Feb Rent expenses 1950 Prepaid rent 1950 28-Feb Insurance expenses 250 Prepaid insurance 250 28-Feb Service revenue 630 Service revenue 630
Ledger the following information that I have journalized into 1-Feb Inventory 600 Cash 600 4-Feb Supplies 500 Accounts payable 500 4-Feb Utilities payable 300 Cash 300 6-Feb Accounts payable 330 cash 330 12-Feb Salaries payable 1000 Salaries expense 200 Cash 1200 8-Feb Cash 1350 Sales revenue 1350 8-Feb Cost of goods sold 450 Inventory 450 10-Feb Inventory 550 Cash 550 14-Feb Cash 4500 Unearned service revenue 4500 15-Feb Cash 5900 Accounts receivable 500 Service revenue 6400 24-Feb Cash 1230 Sales revenue 1230 24-Feb Cost of goods sold 436 Inventory 436 26-Feb Salaries expenses 1200 Cash 1200 26-Feb Inventory 360 Accounts payable 360 27-Feb Cash 580 Sales revenue 580 27-Feb Cost of goods sold 336 Inventory 336 28-Feb Cash 5560 Accounts receivable 660 Service revenue 6220 28-Feb Cash 960 Accounts receivable 960 28-Feb Salary expenses 3800 Dividend 600 Cash 4400 Adjustments 28-Feb Depreciation expenses 45 Accumulated depreciation expenses 45 28-Feb Salary expenses 200 Salary payables 200 28-Feb Supplies expenses 1132 Supplies payable 1132 28-Feb Utilities expenses 386 Utilities payable 386 28-Feb Cost of goods sold 206 Inventory 206 28-Feb Rent expenses 1950 Prepaid rent 1950 28-Feb Insurance expenses 250 Prepaid insurance 250 28-Feb Service revenue 630 Service revenue 630
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Ledger the following information that I have journalized into
1-Feb | Inventory | 600 | ||
Cash | 600 | |||
4-Feb | Supplies | 500 | ||
Accounts payable | 500 | |||
4-Feb | Utilities payable | 300 | ||
Cash | 300 | |||
6-Feb | Accounts payable | 330 | ||
cash | 330 | |||
12-Feb | Salaries payable | 1000 | ||
Salaries expense | 200 | |||
Cash | 1200 | |||
8-Feb | Cash | 1350 | ||
Sales revenue | 1350 | |||
8-Feb | Cost of goods sold | 450 | ||
Inventory | 450 | |||
10-Feb | Inventory | 550 | ||
Cash | 550 | |||
14-Feb | Cash | 4500 | ||
Unearned service revenue | 4500 | |||
15-Feb | Cash | 5900 | ||
500 | ||||
Service revenue | 6400 | |||
24-Feb | Cash | 1230 | ||
Sales revenue | 1230 | |||
24-Feb | Cost of goods sold | 436 | ||
Inventory | 436 | |||
26-Feb | Salaries expenses | 1200 | ||
Cash | 1200 | |||
26-Feb | Inventory | 360 | ||
Accounts payable | 360 | |||
27-Feb | Cash | 580 | ||
Sales revenue | 580 | |||
27-Feb | Cost of goods sold | 336 | ||
Inventory | 336 | |||
28-Feb | Cash | 5560 | ||
Accounts receivable | 660 | |||
Service revenue | 6220 | |||
28-Feb | Cash | 960 | ||
Accounts receivable | 960 | |||
28-Feb | Salary expenses | 3800 | ||
Dividend | 600 | |||
Cash | 4400 | |||
Adjustments | ||||
28-Feb | 45 | |||
45 | ||||
28-Feb | Salary expenses | 200 | ||
Salary payables | 200 | |||
28-Feb | Supplies expenses | 1132 | ||
Supplies payable | 1132 | |||
28-Feb | Utilities expenses | 386 | ||
Utilities payable | 386 | |||
28-Feb | Cost of goods sold | 206 | ||
Inventory | 206 | |||
28-Feb | Rent expenses | 1950 | ||
Prepaid rent | 1950 | |||
28-Feb | Insurance expenses | 250 | ||
Prepaid insurance | 250 | |||
28-Feb | Service revenue | 630 | ||
Service revenue | 630 |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education