Create a Ledger Account (t-account) for the information provided with a four col
ID: 2482478 • Letter: C
Question
Create a Ledger Account (t-account) for the information provided with a four column ledger account form
Journal Entries:
Date Particulars Debit Credit 9/1 Cash 5000 Common stock capital 5000 9/2 Bank 10000 Note payable 10000 9/3 Supplies 3000 account payable 3000 9/4 Furniture 6000 Cash 6000 9/15 Wages 3000 Cash 2000 Wages Payable 1000 9/17 Accounts Receivable 15000 revenue 15000 9/20 Cash 3000 unearned revenue 3000 9/23 Cash 5000 revenue 5000 9/27 Cash 1000 Accounts payable 1000 9/30 Dividend 1000 Cash 1000Explanation / Answer
D r Cash account Cr
9/1 To common stock
9/20 To revenue
9/23 To revenue
9/27 To Accounts payable
5000
3000
5000
1000
9/4 By furniture
9/15 By wages
9/30 By dividend
9/30 By balance c/d
6000
2000
1000
5000
Dr Common Stock Cr
Dr Notespayable Cr
Dr Supplies Account Cr
Dr Accounts payable Cr
9/3 By supplies
9/27 By Cash
3000
1000
Dr Furniture account Cr
Dr wages account Cr
9/15 To cash
To wages payable
2000
1000
Dr revenue account Cr
9/17 By accounts rewceivable
9/20 By cash
9/23 By cash
15000
3000
5000
Particulars Amount($) Particulars Amount($)9/1 To common stock
9/20 To revenue
9/23 To revenue
9/27 To Accounts payable
5000
3000
5000
1000
9/4 By furniture
9/15 By wages
9/30 By dividend
9/30 By balance c/d
6000
2000
1000
5000
14000 14000