I have a file of home work to do

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Kiran · Accepted Answer

Journal
	GENERAL JOURNAL
	Date	Accounts 				PR	Debit	Credit
	1	Cash				101	30000
		    Common Stock				301		30000
		Receive 30,000 cash in exchange for common stock.
	2	Supplies				126	2500
		     Cash				101		2500
		Purchases 2,500 of Supplies for Cash.
	3	Equipment				167	26000
		    Cash				101		26000
		Purchase 26,000 of Equipment for Cash
	4	Supplies				126	7100
		    Accounts Payable				201		7100
		Purchase 7,100 of Supplies on Account
Purchase 7,100 of Supplies on Account
Purchase 7,100 of Supplies on Account
Purchase 7,100 of Supplies on Account
Purchase 7,100 of Supplies on Account
	5	Cash				101	4200
		    Consulting revenue				403		4200
		Provided 4,200 of Consulting Services for Cash.
	6	Rent Expense				640	1000
		    Cash				101		1000
		Pay 1,000 of Rent
	7	Salary Expense					700
		    Cash						700
		Pay Employee Salaries of $700
	8	Accounts Receivable					1900
		    Consulting Revenue						1600
		    Rental Revenue						300
		Provided 1,600 of Consulting and Rental Services to a Client for $300, on account
	9	Cash					1900
		     Accounts Receivable						1900
		Client in Transaction #8 pays us in full
	10	Accounts Payable					900
		     Cash						900
		Make a $900 payment on Account
	11	Dividend					200
		    Cash						200
		Pay $200 in Dividends to Shareholders
	12	Cash					3000
		    Unearned Consulting revenue						3000
		Receive $3,

I have a file of home work to do

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