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					Transaction Acct Debit   Acct Credit
          1
          2
          3
          4
          5
     Cash             Accts Rec




Office Equipment   Accounts Payable




Owner's Capital         Fees
                     Journal
                                              Page 1
                               Post
Date   Description             Ref    Debit   Credit
                                        Journal
                                                                      Page 3
                                              Post
  Date                 Description            Ref    Debit         Credit
                     EXERCISE 22-1A
Apr       1 Cash                                      500,000
             Bonds Payable                                           500,000

Sep      30 Interest Expense                           20,000
              Cash                                                    20,000

Dec      31 Interest Expense                           10,000
              Interest Payable                                        10,000

                  EXERCISE 22-2A
Apr       1 Cash                                      520,000
             Bonds Payable                                           500,000
             Premium on Bonds Payable                                 20,000


Sep      30 Interest Expense                           24,500
            Premium on Bonds Payable                         500
              Cash                                                    25,000


Dec      31 Interest Expense                           12,250
            Premium on Bonds Payable                         250
              Interest Payable                                        12,500


                     EXERCISE 22-3A
Apr       1 Cash                                      490,000
            Discount on Bonds Payable                  10,000
              Bonds Payable                                          500,000


Sep      30 Interest Expense                           18,000
              Discount on Bonds Payable                                     500
              Cash                                                    17,500


Dec      31 Interest Expense                            9,000
              Discount on Bonds Payable                                     250
              Interest Payable                                          8,750


Mar      31 Interest Expense                            9,000
Interest Payable             8,750
 Discount on Bonds Payable             250
 Cash                                17,500
Account: CASH                                           Account Number        101

                                                                  Balance
                       Post
  Date          Item   Ref    Debit +    Credit -         Debit             Credit
2011
 Jan 1                 G1       10,000                      10,000
       1               G1                     500            9,500
       6               G1          580                      10,080
       7               G1                          42       10,038
       8               G1                          38       10,000
      10               G1          360                      10,360
      12               G2                      50           10,310
      13               G2                     150           10,160
      15               G2                     360            9,800
      17               G2          420                      10,220
      18               G2                     100           10,120
      20               G2                      26           10,094
      22               G2                      35           10,059
      24               G2                      28           10,031




Account: OFFICE SUPPLIES                                Account Number 142

                                                                  Balance
                       Post
  Date          Item   Ref     Debit      Credit          Debit             Credit
 2011
Jan    2               G1          300                        300
Account: OFFICE EQUIPMENT                             Account Number 181

                                                                Balance
                      Post
  Date       Item     Ref    Debit        Credit        Debit             Credit
 2011
Jan    4               G1       1,500                      1,500




Account: ACCOUNTS PAYABLE                             Account Number 202

                                                                Balance
                      Post
  Date       Item     Ref    Debit -      Credit +      Debit             Credit
 2011
Jan    2               G1                       300                            300
       4               G1                     1,500                          1,800
      12               G2            50                                      1,750


Account: CAPITAL                                      Account Number 311

                                                                Balance
                      Post
  Date       Item     Ref    Debit        Credit        Debit             Credit
 2011
Jan    1               G1                   10,000                         10,000




Account: DRAWING                                      Account Number 312

                                                                Balance
                      Post
  Date       Item     Ref    Debit        Credit        Debit             Credit
 2011
Jan 18                 G2         100                       100




Account: CONSULTING FEES                              Account Number 401

                                                                Balance
                      Post
  Date       Item     Ref    Debit        Credit        Debit             Credit
 2011
Jan    6               G1                       580                           580
     10                 G1                      360                            940
     17                 G2                      420                          1,360




Account: WAGES EXPENSE                                Account Number 511

                                                                Balance
                        Post
  Date      Item        Ref    Debit        Credit      Debit             Credit
 2011
Jan 15                  G2         360                      360




Account: ADVERTISING EXPENSE                          Account Number 512

                                                                Balance
                        Post
  Date      Item        Ref    Debit        Credit      Debit             Credit
 2011
Jan 20                  G2             26                       26




Account: RENT EXPENSE                                 Account Number 521

                                                                Balance
                        Post
  Date      Item        Ref    Debit        Credit      Debit             Credit
 2011
Jan    1                G1         500                      500




Account: TELEPHONE EXPENSE                            Account Number 525

                                                                Balance
                        Post
  Date      Item        Ref    Debit        Credit      Debit             Credit
 2011
Jan    7                G1             42                       42




Account: TRANSPORTATION EXPENSE                       Account Number 526
                                                              Balance
                       Post
  Date       Item      Ref    Debit        Credit     Debit             Credit
 2011
Jan 13                 G2         150                     150
      22               G2          35                     185



Account: UTILITIES EXPENSE                          Account Number 533

                                                              Balance
                       Post
  Date       Item      Ref    Debit        Credit     Debit             Credit
 2011
Jan    8               G1             38                      38




Account: MISCELLANEOUS EXPENSE                      Account Number 549

                                                              Balance
                       Post
  Date       Item      Ref    Debit        Credit     Debit             Credit
 2011
Jan 24                 G2             28                      28
          Mendez Appraisals
            Trial Balance
            May 31, 2002

                      ACCT     Debit     Credit
Account                NO     Balance   Balance
     Mendez Appraisals
      Income Statement
For Month Ended May 31, 2002
      Mendez Appraisals
 Statement of Owner's Equity
For Month Ended May 31, 2002
Mendez Appraisals
 Balance Sheet
  May 31, 2002

				
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