P(2)-1(A)

Forntier Park
General Journel
Date Titles & Explanation Ref Debit Credit
1-May Cash 25000
capital 25000
(Invested cash to the business)
2-May No entry
(Hire, contract, promise
not financial transaction)
3-May Supplies 2500
Accounts payable 2500
(Purchased supplies on
account)
7-May Rent expence 900
Cash 900
(Paid cash for service
render)
11-May Accounts receivable 2100
Service revenue 2100
(Billed client for render
service )
12-May Cash 3500
unearned revenue 3500
(Received cash for future
service)
17-May Cash 1200
Service revenue 1200
(Received cash for service
render)
31-May Salaries expence 2000
Cash 2000
(Paid cash for salaries)
31-May Accounts payable 1000
Cash 1000
(Paid cash for previous due)
P(2)-4(A) Sterling Company
Trail Balance
31-May-10
No Accounts Ref Debit Credit
1 Cash 5965
2 Accounts regeivable 2360
3 prepaid insurance 800
4 Supplies 520
5 equipment 7480
6 Accounta payable 4710
7 property tax payable 560
8 capital 12700
9 Drawing 1000
10 service revenue 6960
11 Salariesexpence 4400
12 Advertising expence 1505
12 Property tax expence 900
Total 24930 24930
P(2)-3(A) Byte Repair Service
Journal
No Titles& Explanation Ref Debit Credit
1 Advertising expence 1000
Cash 1000
(Paid cash for advertising expence)
2 Parts inventory 4000
Accounts payable 4000
(Purchased additional repair part
inventory on account) 2000
3 Misellanecus expence 2000
Cash
(paid cash for customar expence)
4 Cash 14000
Accounts recevable 14000
(received cash from customers)
5 Accounts payable 15000
Cash 15000
(paid cash to the credetors)
6 Repair rent expence 4000
Parts inventory 4000
(part inventory has been ared
During journal)
7 Cash 6000
Accounts recevable 9000
Service revenue 15000
(Earned service revenue for cash
& credit)
8 Wages expence 3000
Cash 3000
(Paid cash for wages)
9 Drawing 3000
Cash 3000
(Withdrawn cash by owner)
Byte Repair service
T accounts
Cash
Jan1 8000 No1 1000
No4 14000 No3 2000
No7 6000 No5 15000
No8 3000
No9 3000
Balance c/d 4000
28000 28000
Accounts recevable
Jan1 15000 No4 14000
No7 9000
Balance c/d 10000
24000 24000
Parts inventory
Jan1 13000 No6 14000
No2 4000
Balance c/d 13000
17000 17000
Prepaid rent
Jan1 3000 Balance c/d 3000
3000 3000
Shop equioment
Jan1 21000 Balance c/d 21000
21000 21000
Accounts payable
No5 15000 1-Jan 19000
No2 4000
Balance c/d 18000
Capital
1-Jan 41000
Balance c/d 41000
Drawing
No10 3000
Balance c/d 3000
Service revenue
No7 15000
Balance c/d 15000
Advertising expence
No1 1000
Balance c/d 1000
Repair part expence
No3 4000
Balance c/d 4000
Wages expence
No8 3000 Balance c/d 3000
3000 3000
Misellaneous expence
N03 2000 Balance c/d 2000
2000 2000
2000 2000
Byte Repair Service
Tril Balance
Jonuary 31, 2010
No Accounts Debit Credit
1 Cash 4000
2 Accounts receivable 10000
3 Parts inventory 13000
4 Prepaid insurance 3000
5 Shop equipmant 21000
6 Accounts payable 8000
7 Capital 41000
8 Drawing 3000
9 Service revenue 15000
10 Advertising expence 1000
11 Repair part expence 4000
12 Wages expence 3000
13 Misellaneous expence 2000
Total 64000 64000
P(2)-5(A) The Lake Theater
(General Ledger)
Cash No101
Date Explanation Ref Debit Credit
1-Apr 6000
Land No140
Date Explanation Ref Debit Credit
1-Apr 10000
Buildings No157
Date Explanation Ref Debit credit
1-Apr 8000
Equipment No157
Date Explanation Ref Debit Credit
1-Apr 6000
Accounts payable No201
Date Explanation Ref Debit Credit
1-Apr 2000
Mortgage payable No275
Date Explanation Ref Debit Credit
1-Apr 8000
Capital No301
Date Explanation Ref Debit Credit
1-Apr 20000
The Lake Theater
Journal
Date Titles & Explanation Ref Debit Credit
2-Apr Film rentel expence 800
Cash 800
(Paid cash for rentel expence)
3-Apr No entry
(Hire,order,contract,promice,
aggrenent etc are not financial
contract)
9-Apr Cash 2800
Admission revenue 2800
(Recdived cash for admition
revenue)
10-Apr Mortgage payable 2000
Accounts payable 1000
Cash 3000
(Made payment on mortgage
& account payable)
11-Apr No entry
(Hire,order,contract,promice,
etc are not financial transaction)
12-Apr Advertising expence 500
Cash 500
(paid cash for advertise expence)
20-Apr Film rentel expence 1000
Accounts payable 1000
(Incurred film rentel expence on
account)
25-Apr Cash 5200
Admission revenue 5200
(received cash for admition
revenue)
29-Apr Salaries expence 2000
Cash 2000
(Paid cash for salaries)
30-Apr Cash 85
Accounts receivable 85
Concession revenue 170
(Received cash and balance on
account for cncession revvnue)
30-Apr Prepaid rentels 900
Cash 900
(paid cash for film rentel)
P(2)4-(A) Sterling Company
Trail Balance
31-May-10
No Accounts Ref Debit Credit
1 Cash 5965
2 Accounts regeivable 2360
3 prepaid insurance 800
4 Supplies 520
5 equipment 7480
6 Accounta payable 4710
7 property tax payable 560
8 capital 12700
9 Drawing 1000
10 service revenue 6960
11 Salariesexpence 4400
12 Advertising expence 1505
12 Property tax expence 900
Total 24930 24930
Byte Repair Service
T Accounts
Cash
1-Jan 80000
Accounts payable
1-Jan 15000
Parts inventory
1-Jan 13000
Prepaid insurance
1-Jan 13000
Shop equipment
1-Jan 21000
Accounts payable
1-Jan 19000
Capital
1-Jan 41000
Byte Repair Service
Journal
No Titles& Explanation Ref Debit Credit
1 Advertising expence 1000
Cash 1000
(Paid cash for advertising expence)
2 Parts inventory 4000
Accounts payable 4000
(Purchased additional repair part
inventory on account) 2000
3 Misellanecus expence 2000
Cash
(paid cash for customar expence)
4 Cash 14000
Accounts recevable 14000
(received cash from customers)
5 Accounts payable 15000
Cash 15000
(paid cash to the credetors)
6 Repair rent expence 4000
Parts inventory 4000
(part inventory has been ared
During journal)
7 Cash 6000
Accounts recevable 9000
Service revenue 15000
(Earned service revenue for cash
& credit)
8 Wages expence 3000
Cash 3000
(Paid cash for wages)
9 Drawing 3000
Cash 3000
(Withdrawn cash by owner)
Byte Repair service
T accounts
Cash
Jan1 8000 No1 1000
No4 14000 No3 2000
No7 6000 No5 15000
No8 3000
No9 3000
Balance c/d 4000
28000 28000
Accounts recevable
Jan1 15000 No4 14000
No7 9000
Balance c/d 10000
24000 24000
Parts inventory
Jan1 13000 No6 14000
No2 4000
Balance c/d 13000
17000 17000
Prepaid rent
Jan1 3000 Balance c/d 3000
3000 3000
Shop equioment
Jan1 21000 Balance c/d 21000
21000 21000
Accounts payable
No5 15000 1-Jan 19000
No2 4000
Balance c/d 18000
Capital
1-Jan 41000
Balance c/d 41000
Drawing
No10 3000
Balance c/d 3000
Service revenue
No7 15000
Balance c/d 15000
Advertising expence
No1 1000
Balance c/d 1000
Repair part expence
No3 4000
Balance c/d 4000
Wages expence
No8 3000 Balance c/d 3000
3000 3000
Misellaneous expence
N03 2000 Balance c/d 2000
2000 2000
2000 2000
Byte Repair Service
Tril Balance
Jonuary 31, 2010
No Accounts Ref Debit Credit
1 Cash 4000
2 Accounts receivable 10000
3 Parts inventory 13000
4 Prepaid insurance 3000
5 Shop equipmant 21000
6 Accounts payable 8000
7 Capital 41000
8 Drawing 3000
9 Service revenue 15000
10 Advertising expence 1000
11 Repair part expence 4000
12 Wages expence 3000
13 Misellaneous expence 2000
Total 64000 64000
P(2)-5(A) The Lake Theater
Journal
Date Titles & Explanation Ref Debit Credit
2-Apr Film rentel expence 800
Cash 800
(Paid cash for rentel expence)
3-Apr No entry
(Hire,order,contract,promice,
aggrenent etc are not financial
contract)
9-Apr Cash 2800
Admission revenue 2800
(Recdived cash for admition
revenue)
10-Apr Mortgage payable 2000
Accounts payable 1000
Cash 3000
(Made payment on mortgage
& account payable)
11-Apr No entry
(Hire,order,contract,promice,
etc are not financial transaction)
12-Apr Advertising expence 500
Cash 500
(paid cash for advertise expence)
20-Apr Film rentel expence 1000
Accounts payable 1000
(Incurred film rentel expence on
account)
25-Apr Cash 5200
Admission revenue 5200
(received cash for admition
revenue)
29-Apr Salaries expence 2000
Cash 2000
(Paid cash for salaries)
30-Apr Cash 85
Accounts receivable 85
Concession revenue 170
(Received cash and balance on
account for cncession revvnue)
30-Apr Prepaid rentels 900
Cash 900
(paid cash for film rentel)
The Lake Theater
Tril Balance
30-Apr-10
No Accounts Ref Debit Credit
101 Cash 6885
112 Accounts receivable 85
136 Prepaid rentels 900
140 Land 10000
145 Building 8000
157 Equipment 6000
201 Accounts payable 2000
275 Mortgage payable 6000
301 Capital 20000
405 Admission revenue 8000
406 Concession revenue 170
610 Advertising expence 500
632 Film rentel expence 1800
726 Salaries expence 2000
Total 36170 36170
P(2)-5(A) The Lake Theater
(General Ledger)
Cash No101
Date Explanation Ref Debit Credit Balance
1-Apr 6000 6000
Land No140
Date Explanation Ref Debit Credit Balance
1-Apr 10000 10000
Buildings No157
Date Explanation Ref Debit credit Balance
1-Apr 8000 8000
Equipment No157
Date Explanation Ref Debit Credit Balance
1-Apr 6000 6000
Accounts payable No201
Date Explanation Ref Debit Credit Balance
1-Apr 2000 2000
Mortgage payable No275
Date Explanation Ref Debit Credit Balance
1-Apr 8000 8000
Capital No301
Date Explanation Ref Debit Credit Balance
1-Apr 20000 20000
Ledger
Cash No101
Date Explanation Ref Debit Credit Balance
1-Apr 6000 6000
2-Apr J1 800 5200
9-Apr J1 2000 8000
10-Apr J1 3000 5000
12-Apr J1 500 4500
25-Apr J1 5200 9700
29-Apr J1 2000 7700
30-Apr J1 85 7785
30-Apr J1 900 6885
Accounts receivable No112
Date Explanation Ref Debit Credit Balance
30-Apr J1 85 85
Prepaid insurance No136
Date Explanation Ref Debit Credit Balance
30-Apr J1 900 900
Land No140
Date Explanation Ref Debit Credit Balance
1-Apr 10000 10000
Building No145
Date Explanation Ref Debit Credit Balance
1-Apr 8000 8000
Equipment No157
Date Explanation Ref Debit Credit Balance
1-Apr 6000 6000
Accounts payable No201
Date Explanation Ref Debit Credit Balance
1-Apr 2000 2000
10-Apr J1 1000 1000
20-Apr 1000 2000
Mortgage payable No275
Date Explanation Ref Debit Credit Balance
1-Apr 8000 8000
10-Apr J1 2000 6000
Capital No301
Date Explanation Ref Debit Credit Balance
1-Apr 20000 20000
Admition Revenue No405
Date Explanation Ref Debit Credit Balance
9-Apr J1 2800 2800
25-Apr J1 5200 8000
Concession Revenue No406
Date Explanation Ref Debit Credit Balance
30-Apr J1 170 170
Advertising expence No610
Date Explanation Ref Debit Credit Balance
12-Apr J1 500 500
Film Rental Expence No632
Date Explanation Ref Debit Credit Balance
2-Apr J1 800 800
20-Apr J1 1000 1800
Salaries expence No726
Date Explanation Ref Debit Credit Balance
29-Apr J1 2000 2000