WRD 26ePR4-5A

School: Florida National University - Course: ECON 2013 - Subject: Accounting

Problem 4-5A Name:Christopher Espinosa Section: Score:32% Key Code:2 Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. An asterisk (*) will appear to the right of an incorrect entry. In the general ledger accounts, only normal balance columns will be graded. For correct grading in the trial balances and work sheet, enter a zero in cells you would otherwise leave blank. 1. and 2. JOURNAL Post. DateDescriptionRef.DebitCredit 2016 July1 Cash1113,500 Accounts Receivable1220,800 Supplies143,200 Office Equipment187,500 Steffy Lopez, Capital3145,000 1Prepaid Rent154,800 Cash114,800 2Prepaid Insurance164,500 Cash114,500 4 Cash115,500 Unearned Fees235,500 5Office Equipment186,500 Accounts Payable216,500 6 Cash1115,300 Accounts Receivable1215,300 Instructions Page1

10Miscellaneous Expense59400 Cash11400 12Accounts Payable215,200 Cash115,200 12Accounts Receivable1213,300 Fees Earned4113,300 14Salary Expense511,750 Cash111,750 JOURNALPost. DateDescriptionRef.DebitCredit 2016 July 17 Cash119,450 Fees Earned419,450 18 Supplies14600 Cash11600 20Accounts Receivable126,650 Fees Earned416,650 24 Cash114,000 Fees Earned41400 * 26 Cash1112,000 Accounts Receivable1212,000 27Salary Expense511,750 Cash111,750 29Miscellaneous Expense59325 Cash11325 Page2

31Miscellaneous Expense59675 Cash11675 31 Cash115,200 Fees Earned415,200 31Accounts Receivable123,000 Fees Earned413,000 31Steffy Lopez, Drawing3212,500 Cash1112,500 2., 6., and 9. GENERAL LEDGER Cash11 Post.Balance DateItemRef.Dr.Cr.Dr.Cr. 2016 July1113,500 0 13,500 0 114,800 0 8,700 0 210 4,500 4,200 0 415,500 0 9,700 0 6115,300 0 25,000 0 1010 400 24,600 0 1210 5,200 19,400 0 1410 1,750 17,650 0 1729,450 0 27,100 0 1820 600 26,500 0 2424,000 0 30,500 0 26212,000 0 42,500 0 2720 1,750 40,750 0 2920 325 40,425 0 3120 675 39,750 0 3125,200 0 44,950 0 3120 12,500 32,450 0 Accounts Receivable12 Post.Balance DateItemRef.Dr.Cr.Dr.Cr. 2016 July1120,800 0 20,800 0