Accounting Cookie Chronicle Chapter 4

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a) Journalize the above transactions| | |
| | | |
Date| Account Titles and Explanation| Debit| Credit|
2011|  |  |  |
Dec. 5| Cash| 90|  |
 | Service Revenue|  | 90|
 | Unearned Service Revenue| 60|  |
 | Service Revenue|  | 60|
8| Cash| 300|  |
 | Accounts Receivable|  | 300|
9| Cash| 750|  |
 | Unearned Service Revenue|  | 750|
15| Accounts Payable| 50|  |
 | Cash|  | 50|
16| Accounts Payable| 600|  |
 | Cash|  | 600|
19| Cash| 60|  |
 | Unearned Service Revenue|  | 60|
23| Cash| 3000|  |
 | Service Revenue|  | 3000|
 | Accounts Receivable| 1000|  |
 | Service Revenue|  | 1000|
23| Supplies| 1250|  |
 | Cash|  | 1250|
23| Salary Expense| 800|  |
 | Cash|  | 800|
28| Dividends| 500|  |
 | Cash|  | 500|
| | | |
b) Post the December transactions. (Use the general ledger accounts prepared in Ch. 3)| | | | |
| Cash|  |  |
| Nov. 8 500| Nov. 11 95| |
| 16 2000| 14 125| |
| 25 60| 17 900| |
| 29 100| 30 1200| |
| Dec. 5 90| Dec.15 50| |
| 8 300| 16 600| |
| 9 750| 23 1250| |
| 19 60| 23 800| |
| 23 3000| 28 500|  |
| Balance 1340| | |
| | | |
| Common Stock|  |  |
|  | Nov. 8 500| |
|  | 15 300|  |
| | Balance 800| |
| | | |
| | | |
| Supplies|  |  |
| Nov. 11 95| | |
| 14 125| | |
| Dec. 23 1250|  |  |
| Balance 1470| | |
| | | |
| Equipment|  |  |
| Nov. 15 300| | |
| 17 900|  |  |
| Balance 1200| | |
| | | |
| Notes Payable| | |
|  | Nov. 16 2000|  |
| | Balance 2000| |
| | | |
| Accounts Payable|  |  |
|  | Nov. 30 600| |
|  | 30 50| |
| Dec. 15 50| | |
| 16 600|  |  |
| Balance 0| | |
| | | |
| Accounts Receivable| | |
| Nov. 30 300|  |  |
|  | Dec. 8 300 | |
| Dec. 23 1000|  |  |
| Balance 1000| | |
| | | |
| Service Revenue|  |  |
|  | Nov. 29 100| |
|  | 30 300| |
|  | Dec. 5 90| |
|  | 5 60| |
|  | 23 3000| |
|  | 23 1000|  |
| | Balance 4550| |
| | | |
| Unearned Service Revenue| | |
|  | Nov. 25 60|  |
| Dec. 5 60| Dec. 9 750| |
|  | 19 60|  |
|  | Balance 810| |
| | | |
| Website (asset)|  |  |
| Nov. 30 600|  |  |
| Balance 600| | |
| | | |
| | | |
| | | |
| Pre-Paid Insurance|  |  |
| Nov. 30 1200|  |  |
| Balance 1200| | |
| | | |
| Cell Phone Expense|  |  |
| Nov. 30 50|  |  |
| Balance 50| | |
| | | |
| Salaries Expense|  |  |
| Dec. 23 800|  |  |
| Balance 800| | |
| | | |
c) Prepare a trial balance at December 31, 2011| | |
| | | |
| Cookie Creations| | |
| Trial Balance| | |
| 31-Dec-11| | |
| | | |
| Debit| Credit| |
Cash| 1340| | |
Accounts Receivable| 1000| | |
Prepaid Insurance| 1200| | |
Equipment| 1200| | |
Supplies| 1470| | |
Website| 600| | |
Notes Payable|  | 2000| |
Accounts Payable|  | 0| |
Unearned Service Revenue| 810| |
Common Stock|  | 800| |
Dividends| 500| | |
Service Revenue|  | 4550| |
Cell Phone Expense| 50| | |
Salary Expense| 800|  | |
| 8160| 8160| |
| | | |
d) Prepare and post adjusting journal entries for the month of December.| | | | | |
Date| Account Titles and Explanation| Debit| Credit|
Dec-11|  |  |  |
 | Supplies Expense| 45|  |
 | Supplies|  | 45|
 |...
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