TRANSACTION #1 Paid cash for supplies DEBITCREDIT Supplies Cash.

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Presentation transcript:

TRANSACTION #1 Paid cash for supplies DEBITCREDIT Supplies Cash

TRANSACTION #2 Paid cash for insurance. DEBITCREDIT Prepaid Insurance Cash

TRANSACTION #3 Bought supplies on account DEBITCREDIT Supplies Accts Payable

TRANSACTION #4 Received cash from sales DEBITCREDIT Cash Sales

TRANSACTION #5 Received cash from owner as investment DEBITCREDIT Cash Owner, Capital

TRANSACTION #6 Paid cash on account DEBITCREDIT Accts Payable Cash

TRANSACTION #7 Owner wrote a check for supplies DEBITCREDIT Supplies Cash

TRANSACTION #8 Owner invested cash in the business DEBITCREDIT Cash Owner, Capital

TRANSACTION #9 Sold services on account DEBITCREDIT Accts Receivable Sales

TRANSACTION #10 Paid cash for rent DEBITCREDIT Rent Expense Cash

TRANSACTION #11 Paid cash for telephone bill DEBITCREDIT Telephone Expense Cash

TRANSACTION #12 Received cash on account DEBITCREDIT Cash Accts Receivable

TRANSACTION #13 Paid cash to owner for personal use DEBITCREDIT Owner, Drawing Cash

TRANSACTION #14 Paid cash for equipment repairs DEBITCREDIT Repair Expense Cash

TRANSACTION #15 Paid cash for advertising DEBITCREDIT Advertising Expense Cash

TRANSACTION #16 Sold some personal property for cash DEBITCREDIT No entry

TRANSACTION #17 Wrote a check for insurance DEBITCREDIT Prepaid Insurance Cash

TRANSACTION #18 Bought supplies on account DEBITCREDIT Supplies Accts Payable

TRANSACTION #19 Paid cash on account for supplies previously purchased DEBITCREDIT Accts Payable Cash

TRANSACTION #20 Owner withdrew supplies for his personal use DEBITCREDIT Owner, Drawing Supplies

TRANSACTION #21 Sold services on account DEBITCREDIT Accts Receivable Sales

TRANSACTION #22 Paid for 6 months of insurance DEBITCREDIT Prepaid Insurance Cash

TRANSACTION #23 Received cash from owner as investment DEBITCREDIT Cash Owner, Capital

TRANSACTION #24 Paid personal car payment DEBITCREDIT No Entry

TRANSACTION #25 Paid cash to owner for personal use DEBITCREDIT Owner, Drawing Cash

TRANSACTION #26 Owner wrote a check for supplies DEBITCREDIT SuppliesCash

TRANSACTION #27 Bought supplies on account DEBITCREDIT Supplies Accts Payable

TRANSACTION #28 Paid cash on account DEBITCREDIT Accts Payable Cash

TRANSACTION #29 Received cash on account DEBITCREDIT Cash Accts Receivable

TRANSACTION #30 Sold services on account DEBITCREDIT Accts Receivable Sales

TRANSACTION #31 Paid October rent DEBITCREDIT Rent Expense Cash

TRANSACTION #32 Received cash for sales previously recorded DEBITCREDIT Cash Accts Receivable

TRANSACTION #33 Agreed to pay later for the repair & tuning of a piano needed for music lessons DEBITCREDIT Repair Expense Accts Payable