Hello Essay

1513 Words Feb 17th, 2016 7 Pages
ACTG 2010
Group Assignment

Shabih Rizvi – 214218978
Nicole Triumbari- 214218978

| General Journal | Page 1 | Date | Particulars | P.R. | Debit | Credit | November 2016 | 4 | Dr. Accounts Receivable | 102 | 100.00 | | | | Cr. Teaching Revenue | 301 | | 100.00 | | | Earned the revenue for October class | | | | | | | | | | | 8 | Dr. Cash | 101 | 250.00 | | | | Cr. Accounts Receivable | 102 | | 250.00 | | | Collected $250 from Neighbourhood school | | | | | | | | | | | 10 | Dr. Cash | 101 | 625.00 | | | | Cr. Unearned
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Wages Expense | 505 | 800.00 | | | | Cr. Cash | 101 | | 800.00 | | | Pays assistant his wage | | | | | | | | | | | 24 | Dr. Dividends Payable | 205 | 500.00 | | | | Cr. Cash | 101 | | 500.00 | | | Withdraws $500 | | | | | | | | | | | 30 | Dr. Accounts Receivable | 102 | 375.00 | | | | Cr. Revenue | 301 | | 375.00 | | | Teaches the class, will receive payment in December | | | | | | | | | | | 30 | Dr. Telephone Expense | 508 | 75.00 | | | | Cr. Accounts Payable | 202 | | 75.00 | | | Receives telephone Invoice for $75 | | | | | | | | | | | | | | | | | 30 | Dr. Wages Expense | 505 | 56.00 | | | | Cr. Accounts Payable | 202 | | 56.00 | | | Assistant helps out | | | | | | | | | | | | Adjusting Entries | | | | | 30 | Dr. Amortization Expense: Photography Equipment | 501 | 20.00 | | | | Cr. Accumulated Amortization: Photography Equipment | 108 | | 20.00 | | | Amortization for photography Equipment | | | | | | | | | | | 30 | Dr. Prepaid Insurance

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