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MINI-PRACTICE SET 2 (continued)
PAGE
POST.
REF.
1 2013 1
12 goods returned; original purchase made 12
13 on Invoice 3418, October 25 13
14 14
15 29 Salaries Expense 632 1080000 15
16 Salaries Payable 229 891600 16
27 To record October payroll taxes 27
28 28
29 29
30 30
31 31
GENERAL JOURNAL 16
DATE DESCRIPTION DEBIT CREDIT
MINI-PRACTICE SET 2 (continued)
PAGE
POST.
REF.
1 1
2 2013 (Adjustment a) 2
3 Oct. 31 Uncollectible Accounts Expense 620 9 6 10 3
12 12
13 (Adjustment c) 13
14 31 Insurance Expense 617 7 0 0 00 14
15 Prepaid Insurance 133 7 0 0 00 15
16 To record expired insurance 16
17 17
18 (Adjustment d) 18
19 31 Advertising Expense 611 9 0 0 00 19
Adjusting Entries
GENERAL JOURNAL 17
DATE DESCRIPTION DEBIT CREDIT
MINI-PRACTICE SET 2 (continued)
PAGE
POST.
REF.
1 1
2 2013 2
3 Oct. 31 Sales 401 6835000 3
4 Purchases Returns and Allowances 503 4 3 0 00 4
5 Purchases Discounts 504 4 6 2 40 5
6 Income Summary 399 6924240 6
7 7
8 31 Income Summary 399 4291810 8
19 Salaries Expense 632 1080000 19
20 Supplies Expense 635 231000 20
21 Telephone Expense 638 5 2 0 00 21
30 30
31 31
32 32
33 33
34 34
35 35
36 36
37 37
Closing Entries
GENERAL JOURNAL 18
DATE DESCRIPTION DEBIT CREDIT
MINI-PRACTICE SET 2 (continued)
ACCOUNT Cash ACCOUNT NO.
2013
Oct. 1 Balance ✔59 8 0 0 00
ACCOUNT Accounts Receivable ACCOUNT NO.
31 CR10 356200 12 73 850
ACCOUNT Allowance for Doubtful Accounts ACCOUNT NO.
2013
ACCOUNT Merchandise Inventory ACCOUNT NO.
2013
101
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
CREDITDATE DESCRIPTION
POST.
REF. DEBIT DEBIT
DATE DESCRIPTION
POST.
REF. DEBIT
CREDIT
GENERAL LEDGER
CREDIT
121
112
111
CREDIT
BALANCE
DEBIT CREDIT
BALANCE
MINI-PRACTICE SET 2 (continued)
ACCOUNT Supplies ACCOUNT NO.
2013
ACCOUNT Prepaid Insurance ACCOUNT NO.
2013
ACCOUNT Prepaid Advertising ACCOUNT NO.
2013
ACCOUNT Equipment ACCOUNT NO.
CREDITCREDIT
BALANCE
DEBIT
133
CREDIT
BALANCE
DEBIT CREDITDATE
131
DESCRIPTION
POST.
REF. DEBIT
DATE DESCRIPTION
POST.
REF. DEBIT
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
135
141
GENERAL LEDGER
MINI-PRACTICE SET 2 (continued)
ACCOUNT Accumulated Depreciation—Equipment ACCOUNT NO.
2013
ACCOUNT Accounts Payable ACCOUNT NO.
2013
Oct. 1 Balance ✔18 3 0 0 00
ACCOUNT Social Security Tax Payable ACCOUNT NO.
2013
Oct. 1 Balance ✔70 200
ACCOUNT Medicare Tax Payable ACCOUNT NO.
2013
Oct. 1 Balance ✔16 200
29 J16 1 6 2 00 3 2 4 00
POST.
REF.
CREDIT
142
DATE DESCRIPTION
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
DEBIT
BALANCE
DEBIT
DEBITDATE DESCRIPTION
DATE DESCRIPTION DEBITDEBIT
POST.
REF. DEBIT CREDIT
CREDIT
POST.
REF. DEBIT
BALANCE
GENERAL LEDGER
CREDIT
BALANCE
203
221
222
CREDIT
CREDITCREDIT
BALANCE
MINI-PRACTICE SET 2 (continued)
ACCOUNT Employee Income Tax Payable ACCOUNT NO.
2013
Oct. 1 Balance ✔102000
ACCOUNT Federal Unemployment Tax Payable ACCOUNT NO.
ACCOUNT State Unemployment Tax Payable ACCOUNT NO.
2013
ACCOUNT Salaries Payable ACCOUNT NO.
2013
CREDIT
BALANCE
223
225
CREDIT
CREDIT BALANCE
DEBITDATE DESCRIPTION
POST.
REF. DEBIT
DATE DESCRIPTION
DEBIT CREDIT
227
229
BALANCE
DATE DESCRIPTION
POST.
REF. DEBIT
POST.
DEBIT
GENERAL LEDGER
CREDIT
BALANCE
CREDITDATE DESCRIPTION
POST.
REF. DEBIT CREDIT DEBIT
ACCOUNT Sales Tax Payable ACCOUNT NO.
2013
Oct. 1 Balance ✔17 8 2 0 00
ACCOUNT Teresa Lojay, Capital ACCOUNT NO.
2013
ACCOUNT Teresa Lojay, Drawing ACCOUNT NO.
2013
ACCOUNT Income Summary ACCOUNT NO.
2013
Oct. 31 Adjusting J17 8899600 88 99 600
CREDIT
DATE DESCRIPTION
POST.
REF. DEBIT
DEBIT
CREDIT
DATE DESCRIPTION
POST.
REF. CREDIT
BALANCE
DEBIT CREDIT
DATE DESCRIPTION
POST.
REF. DEBIT
DEBIT
DEBIT CREDIT
BALANCE
DATE DESCRIPTION
POST.
REF. DEBIT
BALANCE
DEBIT CREDIT
231
CREDIT
GENERAL LEDGER
301
399
302
CREDIT
BALANCE
MINI-PRACTICE SET 2 (continued)
ACCOUNT Sales ACCOUNT NO.
2013
ACCOUNT Sales Returns and Allowances ACCOUNT NO.
2013
ACCOUNT Purchases ACCOUNT NO.
2013
ACCOUNT Freight In ACCOUNT NO.
2013
402
DATE DESCRIPTION
POST.
REF. DEBIT
BALANCE
DEBIT
401
CREDITCREDIT
GENERAL LEDGER
CREDIT
BALANCE
DEBIT CREDITDATE DESCRIPTION
POST.
REF. DEBIT
501
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
502
CREDIT
BALANCE
DEBIT CREDITDATE DESCRIPTION
POST.
REF. DEBIT
MINI-PRACTICE SET 2 (continued)
ACCOUNT Purchases Returns and Allowances ACCOUNT NO.
2013
ACCOUNT Purchases Discounts ACCOUNT NO.
2013
ACCOUNT Advertising Expense ACCOUNT NO.
2013
GENERAL LEDGER
CREDIT
BALANCE
DEBIT CREDITDATE DESCRIPTION
POST.
REF. DEBIT
611
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
504
503
MINI-PRACTICE SET 2 (continued)
ACCOUNT Insurance Expense ACCOUNT NO.
2013
ACCOUNT Uncollectible Accounts Expense ACCOUNT NO.
2013
ACCOUNT Janitorial Services Expense ACCOUNT NO.
ACCOUNT Payroll Taxes Expense ACCOUNT NO.
2013
BALANC
E
DEBIT CREDITDATE DESCRIPTION
POST.
REF. DEBIT
DEBIT CREDIT
623
617
620
DATE DESCRIPTION
POST.
REF. DEBIT
CREDIT
CREDIT
BALANCE
626
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
GENERAL LEDGER
CREDIT
CREDIT
BALANCE
DEBIT CREDITDATE DESCRIPTION
POST.
REF. DEBIT
