Accounting - The Cycle Project
General Journal
| Student Name and Section | ||||
| [Please enter your full name and section number | ||||
| General Journal | ||||
| Date | Description | Debit | Credit | |
General Ledger (T-accounts)
| Cash | Equipment | Accounts Payable | Common Stock | Service Revenue | Rent Expense | ||||||||||||||||||||||||
| date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | ||||||
| Accounts Receivable | Land | Deferred Revenue | Retained Earnings | Depreciation Expense | Insurance Expense | ||||||||||||||||||||||||
| date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | ||||||
| Supplies | Accumulated Depreciation | Salaries Payable | Dividends | Salaries Expense | |||||||||||||||||||||||||
| date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | ||||||||||
| Prepaid Insurance | Notes Payable | Supplies Expense | |||||||||||||||||||||||||||
| date | Debit | Credit | date | date | Debit | Credit | date | date | Debit | Credit | date | ||||||||||||||||||
Unadjusted Trial Balance
| [Your Name] Incorporated | |||
| Unadjusted Trial Balance | |||
| December 31, 20## | |||
| Account | Debit | Credit | |
| Cash | |||
| Accounts Receivable | |||
| Supplies | |||
| Prepaid Insurance | |||
| Equipment | |||
| Land | |||
| Accumulated Depreciation | |||
| Accounts Payable | |||
| Deferred Revenue | |||
| Salaries Payable | |||
| Notes Payable | |||
| Common Stock | |||
| Retained Earnings | |||
| Dividends | |||
| Service Revenue | |||
| Depreciation Expense | |||
| Salaries Expense | |||
| Supplies Expense | |||
| Rent Expense | |||
| Insurance Expense | |||
| Totals | |||
Adjusted Trial Balance
| [Your Name] Incorporated | |||
| Adjusted Trial Balance | |||
| December 31, 20## | |||
| Account | Debit | Credit | |
| Cash | |||
| Accounts Receivable | |||
| Supplies | |||
| Prepaid Insurance | |||
| Equipment | |||
| Land | |||
| Accumulated Depreciation | |||
| Accounts Payable | |||
| Deferred Revenue | |||
| Salaries Payable | |||
| Notes Payable | |||
| Common Stock | |||
| Retained Earnings | |||
| Dividends | |||
| Service Revenue | |||
| Depreciation Expense | |||
| Salaries Expense | |||
| Supplies Expense | |||
| Rent Expense | |||
| Insurance Expense | |||
| Totals | |||
Financial Statements
| [Your Name] Incorporated | [Your Name] Incorporated | [Your Name] Incorporated | ||||||||
| Income Statement | Statement of Stockholders' Equity | Classified Balance Sheet | ||||||||
| For the month ended December 31, 20## | For the month ended December 31, 20## | December 31, 20## | ||||||||
Post-Closing Trial Balance
| [Your Name] Incorporated | |||
| Post-Closing Trial Balance | |||
| December 31, 20## | |||
| Account | Debit | Credit | |
| Cash | |||
| Accounts Receivable | |||
| Supplies | |||
| Prepaid Insurance | |||
| Equipment | |||
| Land | |||
| Accumulated Depreciation | |||
| Accounts Payable | |||
| Deferred Revenue | |||
| Salaries Payable | |||
| Notes Payable | |||
| Common Stock | |||
| Retained Earnings | |||
| Dividends | |||
| Service Revenue | |||
| Depreciation Expense | |||
| Salaries Expense | |||
| Supplies Expense | |||
| Rent Expense | |||
| Insurance Expense | |||
| Totals | |||