Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 81 views

    Date Account Title and Explanation PR Debit Credit

    Uploaded by

    Giana Castro
    The document is a general journal and trial balance for U-Drive-It for the month of July. It records various business transactions including an initial investment of $250,000, payments on notes payable, rental income collected, expenses paid for rent, advertising, supplies, salaries, repairs and more. The trial balance at the end of the month lists account balances for assets, liabilities, equity, income and expenses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Date Account Title and Explanation PR Debit Credit

    Uploaded by

    Giana Castro
    81 views6 pages
    The document is a general journal and trial balance for U-Drive-It for the month of July. It records various business transactions including an initial investment of $250,000, payments on notes payable, rental income collected, expenses paid for rent, advertising, supplies, salaries, repairs and more. The trial balance at the end of the month lists account balances for assets, liabilities, equity, income and expenses.

    Original Title

    Accounting-General-Forms

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document is a general journal and trial balance for U-Drive-It for the month of July. It records various business transactions including an initial investment of $250,000, payments on notes payable, rental income collected, expenses paid for rent, advertising, supplies, salaries, repairs and more. The trial balance at the end of the month lists account balances for assets, liabilities, equity, income and expenses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    81 views6 pages

    Date Account Title and Explanation PR Debit Credit

    Uploaded by

    Giana Castro
    The document is a general journal and trial balance for U-Drive-It for the month of July. It records various business transactions including an initial investment of $250,000, payments on notes payable, rental income collected, expenses paid for rent, advertising, supplies, salaries, repairs and more. The trial balance at the end of the month lists account balances for assets, liabilities, equity, income and expenses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    Name : Giana Castro

    Grade and Section : Gr.10 – St. Benedict

    General Journal Page No. 1

    Date Account Title and Explanation PR Debit Credit

    20XX
    July 1 Cash 01 50,000
    Equipment 03 200,000
    Notes Payable, Crown Car 11 80,000
    Rudy Vasquez, Capital 21 170,000
    Initial Investment

    2 Rent Expense 41 3,000


    Cash 01 3,000
    Paid rent Expense for July

    3 Advertising Expense 42 800


    Cash 01 800
    Paid Newspaper Advertising

    6 Cash 01 4,000
    Car Rental Income 31 4,000
    Collected cash rental for week
    43 500
    8 Gas and Oil Used 01 500
    Cash
    Paid gas and oil bills

    9 Notes Payable, Crown Car 11 10,000


    Cash 01 10,000
    Partial payments on notes payable

    13 Cash 01 4,600
    Car Rental Income 31 4,600
    Collected cash rentals for the week

    15 Gas and Oil Used 43 750


    Cash 01 750
    Paid gas and oil bills

    15 Salary Expense 44 800


    Cash 01 800
    Paid attendants’ salaries

    20 Supplies Used
    Cash
    Paid office supplies’ bill

    20 Cash 01 4,200
    Accounts Receivable, Roman Jose 02 1,000
    Car Rental Income 31 5,200
    Collected cash rentals for the week and billed Roman
    Jose for rental cars

    22 Gas and Oil Used 43 700


    Cash 01 700
    Paid gas and oil bills

    25 Repairs 46 900
    Cash 01 900
    Paid repairs for automobiles

    General Journal Page No. 2

    Date Account Title and Explanation PR Debit Credit

    20XX
    July 27 Cash 01 4,100
    Car Rental Income 31 4,100
    Collected cash rentals for the week

    29 Gas and Oil Used 43 700


    Cash 01 550
    Cash 01 700
    Account Receivable, Roman Jose 02 500
    Paid gas and oil and collect cash from Roman Jose
    on our bill in 20th

    30 Salary Expense 44 800


    Rudy Vasquez Drawing 22 2,000
    Cash 01 2,800
    Paid attendance salary and withdrew cash for
    personal use
    01 2,800
    31 Cash 31
    Car Rental Income 2,800
    Collected cash rental for five days

    CASH Account No. ___

    Explanation PR Debit Date Explanation PR Credit

    ACCOUNTS RECEIVABLE – ROMAN JOSE Account No. ___


    Date Explanation PR Debit Date Explanation PR Credit

    NOTES PAYABLE Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    EQUIPMENT Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    RUDY VASQUEZ, CAPITAL Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    RUDY VASQUEZ, DRAWING Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit


    CAR RENTAL INCOME Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    RENT EXPENSE Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    ADVERTISING EXPENSE Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    GAS AND OIL USED Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    SALARY EXPENSE Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit


    SUPPLIES USED Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    REPAIRS Account No. ___

    Date Explanation PR Debit Date Explanation PR Credit

    U-DRIVE-IT
    Trial Balance
    For the month ended July 31, 20XX

    Debit Credit

    You might also like