Question

Enter the below transection into Journal Entries/Trial Balance

Waters started an environmental consulting company and during the first month of operations, the business completed the following transactions. Record each transaction in the journal below.

Apr. 2 Waters began the business with an investment of$75,000 cash and a building valued at $25,000 . Apr. 3 Purchased office supplies on account, $2,000.

Apr. 4 Paid cash for office fu rniture , $14 ,000.

Apr. 5 Performed consulting services on account, $5,000. Apr. 8 Paid $1,000 on the account payable created on Apr. 3.

Apr.10 Received a $2,500 bill for advertising expense that will be paid in the near future. Apr.15 Paid cash for employee's salary, $2,200.

Apr. 19 Received cash on account, $1,000.

Apr. 25 Paid cash for the following expenses: Rent $1,000, Utilities $450, Security Service $250. Apr. 30 Waters withdrew cash, $4,500.

ADJ-01 Office supplies on hand at Apr 30 were $1,500. Make the adjusting journal entry.

ADJ-02 Accrued employee salaries at Apr 30 were $1,000. Make the adjusting journal entry. ADJ-03 building depreciation for the month was $208. Make the adjusting journal entry.

ADJ-04 Furniture depreciation for the month was $167. Make the adjusting journal entry .

ADJ-OS Accrued revenue for services performed at Apr 30 were $2,500. Make the adjusting journal entry.

Answer 1

Debian Credit Apor | Aps 2 - DERICH Transaction Cash Building Capital "15000 25000 M 2 100000 OST OM Aps 3 office Supplics he gooo long Torerirol Accounts payable with its Aps 4 furniture Boh 14000 14000 No Cash of Apr 5 Accounts Receivable 5000 1. 5000 & plcp l Income Aps 8 Accounts payable 1000 Mi Cashoste M ov 1000 Apr 10 - No Entry t | Aps 15 Salasics Expense 2200 2200 2 Cash Apr 19 Cash 1000 " Accounts Receivable. tooo utilities 450 Securitie Services 250 1100 Apr 25 Drawings 4500 4500 30 Depreciation on office Soo Supplies 500 To Accumulated Depreciation Ap 25 Rent or Cash Cash

Debit Credit b ola 100000 1er tm 1500 1000 GINN Trail Balance Particulars Capital Cash 52600 Buildings or 20000 office Supplies at 1500 Funiture 4006 Accounts Receivable) 4000 Income a Accounts payable Salasies expense. 3200 Rent 1000 Utilities Security Services Drawings 400 Depreciation - office Supplies 500 - Building a 208. - Furniture OMO 167. Accoved Revenue (2000. cumulated Depreciation des - Buildings sing allir - Furniture 167 Salasies payable Total 109875 109825 M 230 V 208 2000
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