Week 6 Practice Problem 1 Copy

NAME
December 14, 2014
Week 6 Practice Problem 1
XACC/290

General Journal
Date
Account Titles Debit Credit
July 01
Cash
12,000

Common Stock

12,000
1
Equipment 8,000

Accounts Payable

6,000 Cash

2,000
3
Cleaning Supplies 900

Accounts Payable

900
5
Prepaid Insurance 1,800

Cash

1,800
12
Accounts Receivable 3,700

Service Revenue

3,700
18
Accounts Payable 1,500

Cash

1,500
20
Salaries Expense 2,000

Cash

2,000
21
Cash 1,600

Accounts Receivable

1,600
25
Accounts Receivable 2,500

Service Revenue

2,500
31
Gas & Oil Expense 290

Cash

290
31
Dividends 600

Cash 600

Cash

Accounts Payable
07/01
12,000
07/01
2,000

07/18 1,500
07/01
6,000
07/21
1,600
07/05
1,800

07/03 900

07/18 1,500

Bal. 7/31 5,400

07/20 2,000

Common Stock

07/31 290

07/01 12,000

07/31 600

Bal. 7/31 12,000
Bal. 7/31 5,410

Equipment
Accounts Receivable

07/01 8,000

07/12 3,700
07/21
1,600

Bal. 7/31 8,000

07/25 2,500

Prepaid Insurance
Bal. 7/31 4,600

07/05 1,800

Cleaning Supplies

Bal. 7/31 1,800

07/03 900

Salaries Expense
Bal. 7/31 900

07/20 2,000

Dividends

Bal. 7/31 2,000

07/31 600

Service Revenue
Bal. 7/31 600

07/12 3,700
Gas & Oil Expense

07/25 2,500
07/31
290

Bal. 7/31 6,200
Bal. 7/31 290

Pro Window Washing Inc
Trial Balance
July 31, 2012

Debit Credit
Accounts Payable

(5,400)
Accounts Receivable 4,600

Cash 5,410

Cleaning Supplies