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General Journal

WEEK 3: JOURNALIZING AND POSTING
JOURNALIZE AND POST NOVEMBER AND DECEMBER TRANSACTIONS - DON'T FORGET TO POST TO THE GENERAL LEDGER ON THE SECOND (YELLOW) TAB AT THE BOTTOM. IT IS ON A SEPARATE WORKSHEET!!!!
GENERAL JOURNAL
Page 1
Date Description Post Ref Debit Credit
1 2015 1
2 NOV 3 Cash 101 50,000 2
3 J.Jones Capital 301 50,000 3
4 DEPOSIT FOR NEW BANK ACCOUNT SMITH CONSULTANTS 4
5 5
6 5 Computer Equipment 141 1,000 6
7 Cash 101 1,000 7
8 Digital Warehouse 8
9 9
10 10
11 6 Rent Expense 511 1,000 11
12 Prepaid Rent 137 2,000 12
13 Cash 101 3,000 13
14 Prepay rent December and January 14
15 15
16 16
17 10 Office Furniture 143 3,500 17
18 Cash 101 3,500 18
19 CHECK # 1003 FOR OFFICE EQUIPMENT FURNITURE DEPOT 19
20 20
21 21
22 11 Computer Equipment 141 4,000 22
23 Accounts Payabe 101 4,000 23
24 INVOICE # 7964 FOR ELITE COMPUTING 90 Days 24
25 25
26 26
27 14 Cash 101 1,200 27
28 Fees Income 401 1,200 28
29 SERVICE FOR CASH CLIENTS 29
30 30
31 17 ACCOUNTS RECIEVABLE 111 3,000 31
32 Fees Income 401 3,000 32
33 SERVICE FOR CLIENT SPEEDY FREIGHT INVOICE #101 33
34 30 Days 34
35 35
36 19 Utilites Expense 514 500 36
37 Cash 101 500 37
38 CHECK #1004 STATE POWER COMPANY 38
39 39
40 20 Cash 101 6,000 40
41 Fees Income 401 6,000 41
42 SERVICE FOR CASH CLIENT 42
43 43
44 44
45 45
GENERAL JOURNAL
Page 2
Date Description Post Ref Debit Credit
1 25 J.Jones Drawing 302 4,000 1
2 Cash 101 4,000 2
3 PERSONAL USE 3
4 4
5 DEC 10 Computer Equipment 141 3,000 5
6 Cash 101 1,000 6
7 Accounts Payable 201 2,000 7
8 ELITE COMPUTING. CHECK # 1007 1,000 8
9 INVOICE #8009 DUE 90 DAYS $2000 9
10 10
11 11
12 15 Accounts Receivables 111 2,500 12
13 Fess Income 401 2,500 13
14 INVOICE #102 14
15 15
16 16 Cash 101 2,500 16
17 Accounts Receivables 111 2,500 17
18 INVOICE #102 18
19 19
20 20
21 18 Accounts Payable 201 1,500 21
22 Cash 101 1,500 22
23 INVOICE #101 SPEEDY FREIGHTS 23
24 24
25 20 Salaries Expense 521 2,000 25
26 Cash 101 2,000 26
27 CHECK #1010 27
28 28
29 29
30 30

General Ledger

WEEK 3: JOURNALIZING AND POSTING
JOURNALIZE AND POST NOVEMBER AND DECEMBER TRANSACTIONS - FORMAT IS IMPORTANT
GENERAL LEDGER
Account: CASH Account No. 101
Date Description Post Ref Debit Credit Balance
Debit Credit
2015
Nov 3 J. Jones Capital 301 50,000 50,000
5 Computer Equipment 141 2,000 48,000
6 Rent Expenese 511 1,000 47,000
6 Prepaid Rent 137 2,000 45,000
10 Office Furniture 143 3,500 41,500
14 Fees Income 401 1,200 42,700
19 Utilites Expense 514 500 42,200
20 Fees Income 401 6,000 48,200
DEC 25 J. Jones Drawing 302 4,000 44,200
15 Accounts Receivable 111 1,000 45,200
18 Utilites Expense 514 500 44,700
20 Salaries Expense 521 2,000 42,700
Account: ACCOUNTS RECEIVABLE Account No. 111
Date Description Post Ref Debit Credit Balance
Debit Credit
2015
NOV 17 Fees Income 401 3,000 3,000
DEC 15 Fees Income 401 2,500 5,500
16 Cash 101 1,000 4,500
Account: PREPAID RENT Account No. 137
Date Description Post Ref Debit Credit Balance
Debit Credit
NOV
6 Cash 101 2,000 2,000
Account: COMPUTER EQUIPMENT Account No. 141
Date Description Post Ref Debit Credit Balance
Debit Credit
NOV 5 Cash 101 2,000 2,000
DEC 10 Accounts Payable 201 4,000 6,000
DEC 10 Cash 101 3,000 9,000
Account: OFFICE FURNITURE Account No. 143
Date Description Post Ref Debit Credit Balance
Debit Credit
NOV
10 Cash 101 3,500 3,500
Account: ACCOUNTS PAYABLE Account No. 201
Date Description Post Ref Debit Credit Balance
Debit Credit
NOV 11 Computer Equipment 141 4,000 4,000
DEC 10 Computer Equipment 201 2,000 6,000
18 Cash 101 1,500 4,500
Account: J. JONES, CAPITAL Account No. 301
Date Description Post Ref Debit Credit Balance
Debit Credit
NOV
3 Cash 101 50,000 50,000
Account: J. JONES, DRAWING Account No. 302
Date Description Post Ref Debit Credit Balance
Debit Credit
NOV
25 Cash 101 4,000 4,000
Account: FEES INCOME Account No. 401
Date Description Post Ref Debit Credit Balance
Debit Credit
2015
NOV 14 Cash 101 1,200 1,200
17 Accounts Receivabe 111 3,000 4,200
20 Cash 101 6,000 10,200
DEC 15 Accounts Receivable 111 2,500 12,700
Account: RENT EXPENSE Account No. 511
Date Description Post Ref Debit Credit Balance
Debit Credit
2015
NOV 6 Cash 101 1,000 1,000
Account: UTILITIES EXPENSE Account No. 514
Date Description Post Ref Debit Credit Balance
Debit Credit
2015
NOV 19 101 500 500
Account: SALARIES EXPENSE Account No. 521
Date Description Post Ref Debit Credit Balance
Debit Credit
2015
DEC 20 Cash 101 2,000 2,000
Jones Consultants
Trial Balance
December 30, 2015
Account Name Debit Credit
Cash 42,700
Accounts Receivable 4,500
Prepaid Rent 2,000
Computer Equipment 9,000
Office Furniture 3,500
Accounts Payable 5,500
J. Jones, Capital 50,000
J. Jones, Drawing 4,000
Fees Income 12,700
Rent Expense 1,000
Utilities Expense 500
Salaries Expense 2,000
Totals 69,200 68,200