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Х Data Table Cash 111 Accounts payable 211 Oct 1 5,000 Oct 1 2,100 Accounts receivable 112 Notes payable 212 Oct 1 3,300 OctData Table - 113 Common stock 311 Supplies 700 Oct 1 Oct 1 33,400 114 Service revenue 411 Building 40,000 Oct 1 Oct 1 2,100 ORequirements - X 1. Journalize the transactions for the month of October. Explanations are not required. 2. Post the journalMore Info X Oct 2 Paid Rent expense, $550 4 Performed service for a customer and received cash, $2,800. 8 Purchased suppliesRequirement 1. Journalize the transactions for the month of October. Explanations are not required. (Record debits first, theOct 8: Purchased supplies on account, $600. Journal Entry Date Accounts Debit Credit Oct Oct 11: Received cash from credit cuOct 15: Sold an additional $10,000 of Common stock. Journal Entry Date Accounts Debit Credit Oct Oct 19: Paid $350 on accountOct 27: Performed service for customers on account, $1,800. Journal Entry Date Accounts Debit Credit Oct Oct 31: Made a paymeRequirements 2 and 3. Post the journal entries to the appropriate T-accounts. Identify all items by date. Calculate the balanSupplies 113 Common stock 311 Oct 1 700 Oct Oct Oct 1 33,400 Building 114 Service revenue 411 Oct 1 40,000 Oct Oct Oct 1 2,10Requirement 4. Prove that the total of all the debit balances equals the total of all of the credit balances by preparing a t

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Answer #1

1)

Journal Entry
Date Accounts Debit Credit
Oct 2 Rent expense $550
Cash $550
(To record rent expense paid)
Oct 4 Cash $2800
Service revenue $2800
(To record services performed)
Oct 8 Supplies $600
Accounts payable $600
(To record supplies purchased on account)
Oct 11 Cash $2900
Accounts receivable $2900
(To record cash received from credit customers)
Oct 15 Cash $10000
Common stock $10000
(To record common stock sold)
Oct 19 Accounts payable $350
Cash $350
(To record cash paid)
Oct 27 Accounts receivable $1800
Service revenue $1800
(To record service performed on account)
Oct 31 Notes payable $2000
Cash $2000
(To record notes payable paid)

2 & 3)

Cash 111 Accounts payable 211
Oct 1 $5000 Oct 2 550 Oct 19 350 Oct 1 $2100
Oct 4 2800 Oct 19 350 Oct 8 600
Oct 11 2900 Oct 31 2000
Oct 15 10000
Bal. $17800 Bal. $2350
Accounts receivable 112 Notes payable 212
Oct 1 $3300 Oct 11 2900 Oct 31 2000 Oct 1 $15000
Oct 27 1800
Bal. $2200 Bal. $13000
Supplies 113 Common stock 311
Oct 1 $700 Oct 1 $33400
Oct 8 600 Oct 15 10000
Bal. $1300 Bal. $43400
Building 114 Service revenue 411
Oct 1 $40000 Oct 1 $2100
Oct 4 2800
Oct 27 1800
Bal. $40000 Bal. $6700
Office furniture 116 Rent expense 511
Oct 1 $2900 Oct 1 $700
Oct 2 550
Bal. $2900 Bal. $1250

4)

Boston Cleaning Inc,
Trial Balance
October 31, 2018
Accounts Debit Credit
Cash $17800
Accounts receivable 2200
Supplies 1300
Building 40000
Office furniture 2900
Accounts payable 2350
Notes payable 13000
Common stock 43400
Service revenue 6700
Rent expense 1250
Total $65450 $65450

NOTE:- For any problem regarding the answer please ask in the comment section.

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