Jardine Consulting Co. has the following accounts in its ledger
Question # 00284153
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Updated on: 05/13/2016 05:01 PM Due on: 06/12/2016
Jardine Consulting Co. has the followingaccounts in itsledger: Cash;Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Cammy Jardine, Capital; Cammy Jardine,Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.
| Transactions | ||
| Mar. | 1 | Paid rent for the month, $2,800. |
| 3 | Paid advertising expense, $625. | |
| 5 | Paid cash for supplies, $1,350. | |
| 6 | Purchased office equipment on account, $9,200. | |
| 10 | Received cash from customers on account, $15,850. | |
| 15 | Paid creditor on account, $3,180. | |
| 27 | Paid cash for repairs to office equipment, $500. | |
| 30 | Paid telephone bill for the month, $350. | |
| 31 | Fees earned and billed to customers for the month, $49,840. | |
| 31 | Paid electricity bill for the month, $800. | |
| 31 | Withdrew cash for personal use, $1,600. |
Journalize the following selected transactions for March 2016 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.
Chart of Accounts
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Journal
Journalize the following selected transactions for March 2016 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.
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Rating:
/5
Solution: Jardine Consulting Co. has the followingaccounts in itsledger