Accounting 11

Accounting 11 1.040502.D
Using page 18 of a general journal, prepare the adjusting entries from the worksheet below. Use the blank journal on the next page.
Hurl and Associates
Worksheet
For the Month Ended April 30, 20--
ACCOUNT TITLE
ACC. TRIAL BALANCE ADJUSTMENTS INCOME STATEMENT BALANCE SHEET
NO. DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
Cash 101 36 525.00 36 525.00
Accounts Receivable 102 2 500.00 2 500.00
Prepaid Insurance 120 1 200.00 a) 100.00 1 100.00
Prepaid Rent 130 3 300.00 b) 1 100.00 2 200.00
Supplies 110 420.00 c) 245.00 175.00
OfficeEquipment 130 8 300.00 8 300.00
Acc. Depr.–Off.Equip 131 414.99 d) 138.33 553.32
Truck 140 14 800.00
14 800.00
Acc. Depr. – Truck 141 1110.00 e) 370.00 1 480.00
Accounts Payable 201
325.00 325.00
Bank Loan (5 yrs) 210
10 602.00 10 602.00
G. Hurl, Capital 301
48 223.01 48 223.01
G. Hurl, Drawings 302 1 350.00 1 350.00
Consulting Fees 401
9 500.00 9 500.00
Office Salaries 501 720.00 720.00
Utilities Expense 502 620.00 620.00
Telephone Expense 503 115.00 115.00
Advertising Expense 504 325.00 325.00
70 715.00 70 715.00
Insurance Expense 505 a) 100.00 100.00
Rent Expense b) 1 100.00 1 100.00
Supplies Expense c) 245.00 245.00
Depr. Exp - Off. Equip d) 138.33 138.33
Depr. Expense – Truck 506 e) 370.00 370.00
1 953.33 1 953.33 3 733.33 9 500.00 66 950.00 61 183.33
Net Income
AK: 200227
5 766.67 5 766.67
9 500.00 9 500.00 66 950.00 66 950.00

Accounting 11 1.040502.D
GENERAL JOURNAL PAGE
DATE
PARTICULARS P.R. DEBIT CREDIT
AK: 200227