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Published byJacob Gibbs Modified over 9 years ago
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TRANSACTION #1 Paid cash for supplies DEBITCREDIT Supplies Cash
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TRANSACTION #2 Paid cash for insurance. DEBITCREDIT Prepaid Insurance Cash
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TRANSACTION #3 Bought supplies on account DEBITCREDIT Supplies Accts Payable
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TRANSACTION #4 Received cash from sales DEBITCREDIT Cash Sales
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TRANSACTION #5 Received cash from owner as investment DEBITCREDIT Cash Owner, Capital
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TRANSACTION #6 Paid cash on account DEBITCREDIT Accts Payable Cash
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TRANSACTION #7 Owner wrote a check for supplies DEBITCREDIT Supplies Cash
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TRANSACTION #8 Owner invested cash in the business DEBITCREDIT Cash Owner, Capital
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TRANSACTION #9 Sold services on account DEBITCREDIT Accts Receivable Sales
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TRANSACTION #10 Paid cash for rent DEBITCREDIT Rent Expense Cash
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TRANSACTION #11 Paid cash for telephone bill DEBITCREDIT Telephone Expense Cash
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TRANSACTION #12 Received cash on account DEBITCREDIT Cash Accts Receivable
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TRANSACTION #13 Paid cash to owner for personal use DEBITCREDIT Owner, Drawing Cash
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TRANSACTION #14 Paid cash for equipment repairs DEBITCREDIT Repair Expense Cash
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TRANSACTION #15 Paid cash for advertising DEBITCREDIT Advertising Expense Cash
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TRANSACTION #16 Sold some personal property for cash DEBITCREDIT No entry
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TRANSACTION #17 Wrote a check for insurance DEBITCREDIT Prepaid Insurance Cash
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TRANSACTION #18 Bought supplies on account DEBITCREDIT Supplies Accts Payable
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TRANSACTION #19 Paid cash on account for supplies previously purchased DEBITCREDIT Accts Payable Cash
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TRANSACTION #20 Owner withdrew supplies for his personal use DEBITCREDIT Owner, Drawing Supplies
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TRANSACTION #21 Sold services on account DEBITCREDIT Accts Receivable Sales
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TRANSACTION #22 Paid for 6 months of insurance DEBITCREDIT Prepaid Insurance Cash
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TRANSACTION #23 Received cash from owner as investment DEBITCREDIT Cash Owner, Capital
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TRANSACTION #24 Paid personal car payment DEBITCREDIT No Entry
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TRANSACTION #25 Paid cash to owner for personal use DEBITCREDIT Owner, Drawing Cash
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TRANSACTION #26 Owner wrote a check for supplies DEBITCREDIT SuppliesCash
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TRANSACTION #27 Bought supplies on account DEBITCREDIT Supplies Accts Payable
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TRANSACTION #28 Paid cash on account DEBITCREDIT Accts Payable Cash
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TRANSACTION #29 Received cash on account DEBITCREDIT Cash Accts Receivable
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TRANSACTION #30 Sold services on account DEBITCREDIT Accts Receivable Sales
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TRANSACTION #31 Paid October rent DEBITCREDIT Rent Expense Cash
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TRANSACTION #32 Received cash for sales previously recorded DEBITCREDIT Cash Accts Receivable
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TRANSACTION #33 Agreed to pay later for the repair & tuning of a piano needed for music lessons DEBITCREDIT Repair Expense Accts Payable
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