Score:
Key Code:
Enter the appropriate amounts/formulas in the answer cells, or select from the drop-down list.
In journal entries, dates will not be graded. In the general ledger accounts, only the final balance of the account will be
graded. For correct grading in the trial balance, enter a zero where you would otherwise leave an amount cell blank.
An asterisk (*) will appear to the right of incorrect entries in outlined answer cells.
1.
Page 1
Post
Date Ref. Debit Credit
2014
June
Page 2
Post
Date Ref. Debit Credit
2014
June
2.
Cells with non-gray backgrounds are protected and cannot be edited.
Description
JOURNAL
Problem 2-3A
Name:
Section:
2
Instructions
Answers are entered in the cells with gray backgrounds.
JOURNAL
Description
GENERAL LEDGER
Cash 11
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Accounts Receivable 12
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Supplies 13
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Prepaid Insurance 14
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Equipment 16
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Truck 18
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Notes Payable 21
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Accounts Payable 22
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Ellie Hopkins, Capital 31
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Ellie Hopkins, Drawing 32
Balance
Balance
Balance
Balance
Balance
Balance
Balance
Balance
Balance
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Fees Earned 41
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Wages Expense 51
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Rent Expense 53
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Utilities Expense 54
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Truck Expense 55
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
Miscellaneous Expense 59
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June
3.
Debit
Balances
Credit
Balances
Cash
Accounts Receivable
Supplies
Prepaid Insurance
Equipment
Truck
Notes Payable
Accounts Payable
Ellie Hopkins, Capital
Ellie Hopkins, Drawing
Fees Earned
Wages Expense
Rent Expense
Utilities Expense
Truck Expense
Miscellaneous Expense
4.
Balance
Balance
Balance
Balance
Balance
June 30, 2014
FIRST-CLASS DESIGNS
Unadjusted Trial Balance
Balance
Balance
Scoring:
Enter the appropriate amounts/formulas in the answer cells, or select from the drop-down list.
In journal entries, dates will not be graded. In the general ledger accounts, only the final balance of the account will be
graded. For correct grading in the trial balance, enter a zero where you would otherwise leave an amount cell blank.
An asterisk (*) will appear to the right of incorrect entries in outlined answer cells.
1.
Page 1
Post
Date Ref. Debit Credit
2014
June 1 11 21,500
31 21,500
253 4,200
11 4,200
Page 2
Post
Date Ref. Debit Credit
2014
Miscellaneous Expense
Cash
Accounts Payable
Cash
Cash
Accounts Receivable
Wages Expense
Cash
Ellie Hopkins, Drawing
Cash
June 29 54 2,480
11 2,480
Instructions
Answers are entered in the cells with gray backgrounds.
JOURNAL
Rent Expense
Cells with non-gray backgrounds are protected and cannot be edited.
Name:
Solution
Section:
ON
Problem 2-3A
Cash
Utilities Expense
Cash
Description
JOURNAL
Description
Cash
Ellie Hopkins, Capital
Cash
Cash
Accounts Receivable
Truck Expense
Accounts Payable
Notes Payable
Cash
Accounts Payable
Fees Earned
Cash
Supplies
Fees Earned
Truck
Prepaid Insurance
2. Cash 11
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June 1 1 21,500 21,500
2 1 4,200 17,300
Accounts Receivable 12
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Prepaid Insurance 14
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Balance
Balance
Balance
June 23 1 13,650 13,650
Truck 18
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June 8 1 28,000 28,000
Notes Payable 21
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Accounts Payable 22
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Ellie Hopkins, Capital 31
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Balance
Balance
Balance
GENERAL LEDGER
Balance
Balance
Balance
8 1 3,000 14,300
Ellie Hopkins, Drawing 32
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
June 30 2 3,000 3,000
Fees Earned 41
Post
Date Item Ref. Dr. Cr. Dr. Cr.
3.
Debit
Balances
Credit
Balances
Cash 11,020 –
Accounts Receivable 5,850 –
June 30, 2014
FIRST-CLASS DESIGNS
Unadjusted Trial Balance
Balance
Balance
2014
Wages Expense 51
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Rent Expense 53
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Utilities Expense 54
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Truck Expense 55
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Miscellaneous Expense 59
Post
Date Item Ref. Dr. Cr. Dr. Cr.
2014
Balance
Balance
Balance
Balance
Balance