Question

The transactions of Gamboa Company are recorded in the general journal below. Post the journal entries to T- accounts and calculate the ending balance for May 31, 2019. Then prepare the Trial Balance. 33) 34) General Journal Unearned Service Revenue Service Revenue Date Account Titles Debit Credit 2019 May 2 1,500 Supplies Accounts Payable 1,500 4 Cash 1,700 Unearned Service Revenue 1,700 Trial Balance 8 4,000 Accounts Receivable Service Revenue 4,000 Debits Credits 10 700 Unearned Service Revenue Service Revenue 700 36) 11 2,800 Cash Service Revenue 2,800 37) 15 Accounts Payable Cash 1,300 1,300 38) 26 Cash Accounts Receivable 1,400 1,400 39) 40 29) 30) Cash Accounts Receivable 41) 42) TOTAL 31) 32) Supplies Accounts Payable

Answer 1

	Gamboa Company
	T Accounts & Ending Balance as on 31 May 2019.
Dr.					Cr.
Cash
Date	Particular's	Amount	Date	Particular's	Amount
4-May	Unearned Service Revenue	1700	15-May	Accounts Payable	1300
11-May	Service	2800
26-May	Account Receivable	1400
			31-May	Balance c/d	4600
	Total	5900		Total	5900
Dr.					Cr.
	Accounts Receivable A/c
Date	Particular's	Amount	Date	Particular's	Amount
8-May	Service Revenue	4000	26-May	Cash	1400
			31-May	Balance c/d	2600
	Total	4000		Total	4000
Dr.					Cr.
	Supplies A/c
Date	Particular's	Amount	Date	Particular's	Amount
2-May	Accounts Payable	1500
			31-May	Balance c/d	1500
	Total	1500		Total	1500
Dr.					Cr.
	Accounts Payable A/c
Date	Particular's	Amount	Date	Particular's	Amount
15-May	Cash	1300	2-May	Supplies	1500
31-May	Balance c/d	200
	Total	1500		Total	1500
Dr.					Cr.
	Unearned Service Revenue A/c
Date	Particular's	Amount	Date	Particular's	Amount
10-May	Service Revenue	700	4-May	Cash	1700
31-May	Balance c/d	1000
	Total	1700		Total	1700
Dr.					Cr.
	Service Revenue A/c
Date	Particular's	Amount	Date	Particular's	Amount
			8-May	Account Receivable	4000
31-May	Balance c/d	7500	10-May	unearned Service Revenue	700
			11-May	Cash	2800
	Total	7500		Total	7500
	Gamboa Company
	Trial Balance as on 31 May 2019
	Particulars	Debit	Credit
	cash	4600
	Accounts Receivable	2600
	Supplies	1500
	Account Payable		200
	Unearned Service Revenue		1000
	Service Revenue		7500
	Total	8700	8700