Accounting Systems

A Byte of Accounting, Inc. General Journal Transactio n Dat e Accoun t Name Description Debit Credit 01 Jun 01 1110 Cash Lauryn's Investment 40,000.00 01 Jun 01 3100 Capital Stock Lauryn's Investment 40,000.00 02 Jun 01 1110 Cash Chao Hu's Common Stock 20,600.00 02 Jun 01 1311 Computer Equip. Chao Hu's Common Stock 29,600.00 02 Jun 01 3100 Capital Stock Chao Hu's Common Stock 50,200.00 03 Jun 01 1110 Cash Courtyney's Investment 27,000.00 03 Jun 01 1311 Computer Equip. Courtyney's Investment 9,200.00 03 Jun 01 1211 Office Equip. Courtyney's Investment 460.00 03 Jun 01 3100 Capital Stock Courtyney's Investment 36,660.00 04 Jun 02 1311 Computer Equip. Computer downpayment 135,000.0 0 04 Jun 02 2202 Notes Payable Computer downpayment 108,000.0 0 04 Jun 02 1110 Cash Computer downpayment 27,000.00 05 Jun 04 1211 Office Equip. Office Equipment on credit 700.00 05 Jun 04 2101 Accounts Payable Office Equipment on credit 700.00 Note: You can only enter data into the yellow ﬁlled cells. 06 Jun 08 2101 Accounts Payable Return office eqiupment 140.00 06 Jun 08 1211 Office Equip. Return office eqiupment 140.00 07 Jun 10 2202 Notes Payable Pay for Computer 20,750.00 07 Jun 10 1110 Cash Pay for Computer 20,750.00 08 Jun 14 1130 Prepaid Insurance Pay for Insurance 4,968.00 08 Jun 14 1110 Cash Pay for Insurance 4,968.00 09 Jun 16 1110 Cash Consulting revennue 8,000.00 09 Jun 16 4100 Computer & Consulting Revenue Consulting revennue 8,000.00 10 Jun 16 1411 Building Cost Building and land for house 125,000.0 0 10 Jun 16 1510 Land Building and land for house 24,000.00 10 Jun 16 1110 Cash Building and land for house 14,900.00 10 Jun 16 2201 Mortgage Payable Building and land for house 134,100.0 0 11 Jun 17 1140 Prepaid Rent Payment for rent 6,400.00 11 Jun 17 1110 Cash Payment for rent 6,400.00 12 Jun 5030 Advertising Expense Advertising 450.00 17 12 Jun 17 2101 Accounts Payable Advertising 450.00 13 Jun 21 2101 Accounts Payable Payment 560.00 13 Jun 21 1110 Cash Payment 560.00 14 Jun 21 1211 Office Equip. Fax machine 800.00 14 Jun 21 1110 Cash Fax machine 800.00 15 Jun 21 1120 Accounts Receivable Consulting Service 4,900.00 15 Jun 21 4100 Computer & Consulting Revenue Consulting Service 4,900.00 16 Jun 22 5020 Salary Expense Paid Salary 985.00 16 Jun 22 1110 Cash Paid Salary 985.00 17 Jun 22 5040 Repairs & Maint. Expense Repair expense 1,240.00 17 Jun 22 2101 Accounts Payable Repair expense 1,240.00 18 Jun 22 2101 Accounts Payable Adversiting bill 450.00 18 Jun 22 1110 Cash Adversiting bill 450.00

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