Question

I'm struggling with exam one part B. Please help me, it's due by this weekend. 

Answer 1

Journal Entries

Transactions	Journal Entries	Dr. ($)	Cr. ($)
a	cash	5000
	To common stock		5000
b	prepaid rent	1200
	To cash		1200
c	truck	10000
	To accounts payable		10000
d	supplies	1000
	To accounts payable		1000
e	prepaid insurance	1800
	To cash		1800
f	accounts receivable	4500
	To repair revenue		4500
g	cash	800
	To repair revenue		800
h	advertising expenses	350
	interest expenses	100
	telephone expenses	75
	truck operating expenses	425
	wages expenses	2500
	To cash		3450
i	cash	2000
	To accounts receivable		2000
j	accounts receivable	6500
	To repair revenue		6500
k	no entry
l	advertising expenses	200
	interest expenses	150
	truck operating expenses	375
	wages expenses	2500
	To cash		3225
m	cash	2000
	To repair revenue		2000
n	utilities expenses	100
	To accounts payable		100

T-accounts

cash
transactions	Dr. ($)	Cr. ($)	Balance ($)
a	5000	0	5000
b	0	1200	3800
e	0	1800	2000
g	800	0	2800
h	0	3450	-650
i	2000	0	1350
l	0	3225	-1875
m	2000	0	125
accounts receivable
transactions	Dr. ($)	Cr. ($)	Balance ($)
f	4500	0	4500
i	0	2000	2500
j	6500	0	9000
prepaid insurance
transactions	Dr. ($)	Cr. ($)	Balance ($)
e	1800	0	1800
prepaid rent
transactions	Dr. ($)	Cr. ($)	Balance ($)
b	1200	0	1200
truck
transactions	Dr. ($)	Cr. ($)	Balance ($)
cash	10000	0	10000
accounts payable
transactions	Dr. ($)	Cr. ($)	Balance ($)
c	0	10000	10000
d	0	1000	11000
n	0	100	11100
common stock
transactions	Dr. ($)	Cr. ($)	Balance ($)
a	0	5000	5000
repair revenue
transactions	Dr. ($)	Cr. ($)	Balance ($)
f	0	4500	4500
g	0	800	5300
j	0	6500	11800
m	0	2000	13800
advertising expenses
transactions	Dr. ($)	Cr. ($)	Balance ($)
h	350	0	350
l	200	0	550
interest expenses
transactions	Dr. ($)	Cr. ($)	Balance ($)
h	100	0	100
l	150	0	250
telephone expenses
transactions	Dr. ($)	Cr. ($)	Balance ($)
h	75	0	75
truck operating expenses
transactions	Dr. ($)	Cr. ($)	Balance ($)
h	425	0	425
l	375	0	800
utilities expenses
transactions	Dr. ($)	Cr. ($)	Balance ($)
n	100	0	100
wages expenses
transactions	Dr. ($)	Cr. ($)	Balance ($)
h	2500	0	2500
l	2500	0	5000