Post the following General Journal entries into the General Ledger: Hint: you may not need to fill in every box                                                GENERAL JOURNAL                              Page 1 Date Description Post Debit Credit 1/1 Insurance Expense   20,000          Cash     20,000           1/5 Supplies Expense   5,000          Cash     5,000           1/7 Cash   6,000          Accounts Receivable     6,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Post the following General Journal entries into the General Ledger:

Hint: you may not need to fill in every box

                                               GENERAL JOURNAL                              Page 1

Date

Description

Post

Debit

Credit

1/1

Insurance Expense

 

20,000

 

 

     Cash

 

 

20,000

 

 

 

 

 

1/5

Supplies Expense

 

5,000

 

 

     Cash

 

 

5,000

 

 

 

 

 

1/7

Cash

 

6,000

 

 

     Accounts Receivable

 

 

6,000

 

 

 

 

 
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