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DATE Dec. 9 ACCOUNT Insurance Expense DATE ITEM Blance ITEM ACCOUNT Miscellaneous Expense POST. REF. DEBIT 1$ 2,530.00 POST. REF. DEBIT 1 CREDIT BALANCE CREDIT DEBIT $ 2,530.00 ACCOUNT NO. BALANCE DEBIT CREDIT ACCOUNT NO 520 CREDIT 530

DATE Dec. 9 ACCOUNT Insurance Expense DATE ITEM Blance ITEM ACCOUNT Miscellaneous Expense POST. REF. DEBIT 1$ 2,530.00 POST. REF. DEBIT 1 CREDIT BALANCE CREDIT DEBIT $ 2,530.00 ACCOUNT NO. BALANCE DEBIT CREDIT ACCOUNT NO 520 CREDIT 530

Quickbooks Online Accounting
Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 2.4C
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Fill in the blank ledgers using the completed work sheet.

ACCOUNT Advertising Expense DATE Dec. 9 ACCOUNT Insurance Expense DATE DATE Dec. 9 ITEM |Blance ACCOUNT Miscellaneous Expense DATE ITEM ITEM ACCOUNT Supplies Expense ITEM POST. REF. 1 $ 2,530.00 POST. REF. 1 POST. REF. DEBIT POST. REF. DEBIT DEBIT 1 S 780.00 DEBIT ACCOUNT NO. CREDIT CREDIT BALANCE ACCOUNT NO. CREDIT DEBIT $ 2,530.00 CREDIT BALANCE DEBIT DEBIT ACCOUNT NO. 530 BALANCE S 780.00 ACCOUNT NO. CREDIT 510 DEBIT 520 CREDIT BALANCE CREDIT 540 CREDIT
Transcribed Image Text:ACCOUNT Advertising Expense DATE Dec. 9 ACCOUNT Insurance Expense DATE DATE Dec. 9 ITEM |Blance ACCOUNT Miscellaneous Expense DATE ITEM ITEM ACCOUNT Supplies Expense ITEM POST. REF. 1 $ 2,530.00 POST. REF. 1 POST. REF. DEBIT POST. REF. DEBIT DEBIT 1 S 780.00 DEBIT ACCOUNT NO. CREDIT CREDIT BALANCE ACCOUNT NO. CREDIT DEBIT $ 2,530.00 CREDIT BALANCE DEBIT DEBIT ACCOUNT NO. 530 BALANCE S 780.00 ACCOUNT NO. CREDIT 510 DEBIT 520 CREDIT BALANCE CREDIT 540 CREDIT
Account Title Cash Petty Cash Accounts receivable Supplies Insurance Accounts payable Ray Brown, Capital Ray Brown, Drawings Income Summary Sales Advertising expense Insurance expense Miscellaneous expense Supplies expense Utilities expense Net Income $ $ S $ $ S S Trial Balance $ Debit 21,980.00 300.00 6,250.00 12,100.00 3,600.00 S 2,530.00 7,000.00 780.00 5,560.00 Credit $ 1,100.00 $ 10,000.00 $ 49,000.00 Browns plumbing and heating For the fiscal period Ending December 31st, 20xx $ $ Debit Adjustments 2,700.00 6,500.00 Credit $ 6,500.00 $ 2,700.00 Income Statement Debit $ 2,530.00 $ $ 2,700.00 780.00 $ 6,500.00 S 5,560.00 $ 30,930.00 Credit $ 49,000.00 $ $ S $ S $ Balance Sheet Debit 21,980.00 300.00 6,250.00 5,600.00 900.00 7,000.00 Credit $ 1,100.00 $ 10,000.00 $ $ 42,030.00 $ 30,930.00 42,030.00
Transcribed Image Text:Account Title Cash Petty Cash Accounts receivable Supplies Insurance Accounts payable Ray Brown, Capital Ray Brown, Drawings Income Summary Sales Advertising expense Insurance expense Miscellaneous expense Supplies expense Utilities expense Net Income $ $ S $ $ S S Trial Balance $ Debit 21,980.00 300.00 6,250.00 12,100.00 3,600.00 S 2,530.00 7,000.00 780.00 5,560.00 Credit $ 1,100.00 $ 10,000.00 $ 49,000.00 Browns plumbing and heating For the fiscal period Ending December 31st, 20xx $ $ Debit Adjustments 2,700.00 6,500.00 Credit $ 6,500.00 $ 2,700.00 Income Statement Debit $ 2,530.00 $ $ 2,700.00 780.00 $ 6,500.00 S 5,560.00 $ 30,930.00 Credit $ 49,000.00 $ $ S $ S $ Balance Sheet Debit 21,980.00 300.00 6,250.00 5,600.00 900.00 7,000.00 Credit $ 1,100.00 $ 10,000.00 $ $ 42,030.00 $ 30,930.00 42,030.00
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