Problem 8 DATE 1-Sep cash copy machine capital initial investment 2-Sep supplies accounts payable, Java blue

purchased supplies on account 3-Sep cash income received from customers 4-Sep repairs expense cash paid repairs expense 5-Sep gas expense cash paid gas in cash 6-Sep accounts receivable, Maramba income billed customer 7-Sep accounts payable, java blue cash amount paid to java blueprint 8-Sep cash income amount received from customer 9-Sep rent utilities cash paid monthly rent 10-Sep Mr Aranda, personal cash amount withdrawn for personal use 11-Sep postage/mailing expense cash amount paid for postage and mailing 12-Sep wage expense cash paid monthly salary 1200 1200 ACCOUNTS DEBIT 10,000 5000 CREDIT

15,000

6000 6000

100 100

220 220

7000 7000

1200 1200

4000 4000

4000 170 4170

2000 2000

40.5 40.5

5500 5500

CASH date debit date credit 1-Sep 10,000 4-Sep 100 3-Sep 6000 5-Sep 220 8-Sep 4000 7-Sep 1200 9-Sep 4170 10-Sep 2000 11-Sep 40.5 12-Sep 5500 total bal 20,000 total 6769.5 13230.5

COPY MACHINE date debit date 1-Sep 5000 credit

GAS EXPENSE CAPITAL debit date credit 1-Sep 15000 date 5-Sep debit date 220 credit

date

ACCOUNTS RECEIVABLE date SUPPLIES date debit date 2-Sep 1200 credit debit date 6-Sep 7000 credit

COPY MACHINE date debit date credit 1-Sep 5000

date

POSTAGE/MAILING debit date 11-Sep 40.5

credit

ACCOUNTS PAYABLE date debit date credit 7-Sep 1200 2-Sep 1200

date

WAGE debit date 12-Sep 5500

credit

date

INCOME Debit date credit 3-Sep 6000 6-Sep 7000 8-Sep 4000 bal 17000

UTIILITIES date debit 9-Sep date 170 DRAWING date debit 10-Sep date 2000 credit credit REPAIRS EXPENSE date debit date 4-Sep 100 credit

RENT date debit 9-Sep date 4000 credit

TRIAL BALANCE OF BALANCES accounts debit credit cash bal 6769.5 copy machine 5000 supplies 1200 aqccounts receivable 7000 Drawing / personal 2000 postage/mail 40.5 repair exp 100 gas 220 rent 4000 utilities 170 wage 5500 capital 15000 income 6000 income 7000 income 4000

TRIAL BALANCE OF TOTALS accounts debit credit cash 20,000 13230.5 copy machine 5000 supplies 1200 aqccounts receivable 7000 Drawing / personal 2000 postage/mail 40.5 repair exp 100 gas 220 rent 4000 utilities 170 wage 5500 capital 15000 income 6000 income 7000 income 4000

total

32000

32000 total 45230.5 45230.5