Journal Entries Assignment
February 19th, 2020
| Adjusted Trial Balance
4/30/19 |
||
| Account Title | Debit | Credit |
| Cash | 10,595 | |
| Accounts Receivable | 9,300 | |
| Allowance for Doubtful Accounts | 279 | |
| Supplies | 500 | |
| Prepaid Insurance | 1,640 | |
| Prepaid Utilities | 220 | |
| Equipment | 4,820 | |
| Accumulated Depreciation – Equipment | 90 | |
| Accounts Payable | 680 | |
| Salaries and Wages Payable | 2,688 | |
| Income Tax Payable | 655 | |
| Interest Payable | 60 | |
| Unearned Revenue | 450 | |
| Notes Payable | 8,000 | |
| Common Stock | 5,000 | |
| Paid-in Capital in Excess of Par Value | 8,000 | |
| Dividends | 470 | |
| Treasury Stock | 975 | |
| Service Revenue | 12,150 | |
| Loss on Sale of Equipment | 200 | |
| Salaries and Wages Expense | 6,528 | |
| Supplies Expense | 480 | |
| Insurance Expense | 820 | |
| Utilities Expense | 220 | |
| Bad Debt Expense | 479 | |
| Depreciation Expense | 90 | |
| Interest Expense | 60 | |
| Income Tax Expense | 655 | |
| Totals | 38,052 | 38,052 |
- Journalize the closing entries.
