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Accounting - Analysis
Answer to question # 1
General journal
ABC COMPANY
General journal
For the period ended April 30,____
Date
Ref
Particulars
Dr
Cr
Apr
1
1
2
Cash Common stock
(shareholders' investment in common stock in exchange for cash)
$15000
15000
2
3
1
Rent expense
Cash
( payment of rent with cash) 900
900
3
4
5
Supplies
Account payable
(purchase of architectural supplies on account from spring green company)
1000
1000
10
6
7
Account receivable
Service revenue
(provided services on credit)
1500
1500
11
1
8
Cash
Unearned revenue
(received cash in advance from J. Madison)
500
500
20
1
7
Cash
Service revenue
(received cash for services provided to M. Svetlana) 2300
2300
30
9
Salary expense
Cash
(paid salary to receptionist)
1500
1500
30
5
1
Account payable Cash
(paid account payable due to Spring field company)
300
300
T-accounts Cash
common stock 15000
rent expense 900
unearned revenue 500
salary expense 1500
service revenue 2300
account ...
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