Question

to accounts, Trial Balance Question : Journalizine posting to Taccou Durier company on October 1, 2016 called ns that occurred in the month of October Jack Thompson began a courier compar Thompson Trucking. Transactions that occurre are listed below: and a truck with the fair value of Jack invested $40.000 cash and a truck with the fai Oct. 1 $26,000 in the business. 5 Paid $1,200 cash for a new computer. 6 Paid four months' rent on the warehouse of $1,800. 10 Received $700 cash from a client for delivery services.se 12 Purchased packing supplies on account, $2,300. Performed delivery services for a customer and billed the client 13 $1,200. Jack withdrew $500 form the company bank account for his 18 personal use. 23 Paid $700 for the packaging supplies purchased on Oct. 12. 27 Paid the October utility bill, $300. 28 Paid an assistant's salary of $1,500. 31 Received $900 cash from a customer on account

Answer 1

Journal entries. Credit. Debit Date Cash A/c 40,000 ot 1 Touck Alc 26000 Capital Alc. (To reord capital inuegted business) 66000 computex Iash (To recond Computer purchas 1200 1200 6 Rent Expense 450 Prepaid Rent To Cash 1350 1800 (To record Rent for october prepaid. ent for next 3 months. Cash To Sales ( To secord sales) 700 10 700 12. Purchases 2300 To Creditoos AIC 2300 (To record purihases. Costomer Ale 1200 13. To sales 1200 (To record cash Sales)

Out 18 Dorawings Alc 500 Bank Alu 500 (To reLond drauwinge) Ot 23Creditos Alc Cash Alc (To record pagment). 700 700 suppliers. Utility Biu Alc To cash Al (To record payment of Bi) ot 27 300 300 Ot 28 Salasy Afc 1500 To Assistent Afc (To record Salany payabe). 1500 Oct 28 Assistant Cash aA (To cord salary paid) 1500 1500 900 Cash Oct 31 To costomey Afe (To reard euipt from costomer). 900

Cash Alc. Computer Afe Bent expense Capital Alc Sales 40,000 12000. 450 700 epaid Rent Creditor 1350 Costomers Alc 900 700. 300 utilities Biu Assistants 1500. Closing alany.25300 balance. 41600 41600 Truk AlC 26000 Capital Alc Capital Ale Cash Alc 40,000 Touck AfC 26000 6600 End balance Computer Alc Cash Ale 12000.

Rent Expense Ale 450 To Cash Alc Prepaid Rent Afc 13 50 Cash Alc Sales Aic By costomer By Cash Alc 1200 Fo0 1900 End Balance Purchases Afc 2300 Creditors Afe Creaditors Alc Purchases Afe 230 700 Cash Ate 1600 End Balance Costomers Ale Cash Ac 900 S ales Ale 1200 30 End Balance

Drawings Alc 500 Bank Afc Bank AtC 500 Drawings Ak utilities Biu Afe 300 Cash Aten Salary Assistant Atc 1500 Assistant Salary Alc Cash Atc. 1500

Trial Balane Credit Debit Cash 25300 Touck 26000 66000 Capital Computl Rent Expense 12000 450 Prepaid Rent gయe 1350 1900 Purchase 2300 1600 Creditor 300 Costomer Drawing 500 500 Bank utilities Biy 300 Calay Assietant 1500 70,000 70,000 TOTAL.

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