Question
tors l Chex Sign In or Sign Up SUNY Canton × Cengage v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignmer ts&takeAssignmentSessionLocator-assignment-take&inprogress-false eBook Show Me How Calculator Print Item Chart of A Journal Zenith Consulting Co. has the following accounts in its ledger: Cash. Acoounts Recei Expense: Usilities Expense; Miscellaneous Expense. vable: Supplies: Office Equipment Acounts Payable. Common Stook Reéained Eamings: Disslends: Fees Eamed; Rent Expense; Advestining Transactions Mar. 1 Paid rent for the month, S2,800 3 Paid a dvertising expense. $525. 5 Paidcash for supplies. $1.250 6 Purch ased office equipment on account Se.300. 10 Rec ved cash from customers on account, $18.600. 15 Paic areditor on account, $3,160 27 Pa cash for miscellaneous expenses, $590 30 Paid telephone bill for the month. $275 31 Fess eamed and billed to customers for the month, $50,180 31 Paid electrioity bill for the month, $830 31 Fa dividends, $1,700 Joumsize the prece j selected transactions for March 2018 in a two-column joumal Refer to the Chart of Accounts for exact wording of account tities Check My Work Previous 11:4
Explanation / Answer
Solution:
Date Particulars Debit Credit Jul-01 Rent Expense 2,800 2,800 Jul-03 Advertising Expense 525 525 Jul-05 Supplies 1,250 1,250 Jul-06 Office Equipment 9,300 9,300 Jul-10 Cash 16,600 16,600 Jul-15 Accounts Payable 3,160 3,160 Jul-27 Utilities expense 590 590 Jul-30 Miscellaneous Expense 270 270 Jul-31 Accounts Receivable 50,160 50,160 Jul-31 Miscellaneous Expense 830 830 Jul-31 Cash 1,700 1,700
