Trans # Type Date Num Adj Name Memo Account Debit Credit
1 Deposit 12/31/2017
Account Opening Balance
Checking 130,870.25
Account Opening Balance
First & Last Name, Capital 130,870.25
130,870.25 130,870.25
2 General Journal 12/31/2017 1
Account Opening Balance
First & Last Name, Investment 75,000.00
5 Deposit 12/31/2017
Account Opening Balance
Supplies 1,950.00
Account Opening Balance
First & Last Name, Capital 1,950.00
1,950.00 1,950.00
6 General Journal 12/31/2017 2
Account Opening Balance
Original Cost 18,000.00
Account Opening Balance
Account Opening Balance
Account Opening Balance
Accounts Receivable
Accounts Receivable
Accounts Receivable
Accounts Receivable
Accounts Payable
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 1
Account Opening Balance
Account Opening Balance
Account Opening Balance
Account Opening Balance
Account Opening Balance
Trans # Type Date Num Adj Name Memo Account Debit Credit
13 Bill 12/31/2017 Pens Aplenty Opening balance
Accounts Payable
500.00
Pens Aplenty Opening balance Uncategorized Expenses 500.00
500.00 500.00
17 Inventory Adjust 12/31/2017 Pens, etc. Opening balance First & Last Name, Capital 250.00
Pens, etc. Opening balance Inventory Asset 250.00
250.00 250.00
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 2
Accounts Payable
Trans # Type Date Num Adj Name Memo Account Debit Credit
23 Invoice 01/02/2018 1 Complete Training, Inc.
Accounts Receivable
3,078.00
Complete Training, Inc. Textbooks Book Sales 2,850.00
Complete Training, Inc. Textbooks Inventory Asset 1,500.00
26 Sales Receipt 01/02/2018 2
Cash Customer
Undeposited Funds 632.80
Cash Customer
Textbooks Book Sales 79.99
Cash Customer
Textbooks Inventory Asset 50.00
Cash Customer
Textbooks Cost of Goods Sold 50.00
Cash Customer
Textbooks Book Sales 95.99
Cash Customer
Textbooks Inventory Asset 50.00
Cash Customer
Textbooks Cost of Goods Sold 50.00
Cash Customer
Textbooks Book Sales 125.00
Cash Customer
Textbooks Inventory Asset 50.00
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
29 Invoice 01/02/2018 2 Sacramento Schools
Accounts Receivable
280.48
Sacramento Schools Pens, etc. Supplies Sales 224.75
Sacramento Schools Pens, etc. Inventory Asset 125.00
Accounts Receivable
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 3
Accounts Receivable
Trans # Type Date Num Adj Name Memo Account Debit Credit
31 Invoice 01/03/2018 3 Slater, Abby
Accounts Receivable
87.40
Slater, Abby Pens, etc. Supplies Sales 25.98
Slater, Abby Pens, etc. Inventory Asset 10.00
33 Invoice 01/05/2018 4
Gonzalez, Hector
Accounts Receivable
270.00
Gonzalez, Hector
Textbooks Book Sales 250.00
Gonzalez, Hector
Textbooks Inventory Asset 100.00
Gonzalez, Hector
Textbooks Cost of Goods Sold 100.00
State Board of Equalization CA Sales Tax Sales Tax Payable 20.00
Accounts Payable
Accounts Payable
Cash Customer
Deposit Undeposited Funds 134.05
Slater, Abby Deposit Undeposited Funds 100.00
Kim, Binh Deposit Undeposited Funds 350.00
Cash Customer
Accounts Receivable
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 4
Accounts Receivable
Trans # Type Date Num Adj Name Memo Account Debit Credit
39 Invoice 01/07/2018 6 Capitol Schools
Accounts Receivable
3,280.35
Capitol Schools Textbooks Book Sales 3,300.00
Slater, Abby Keyboarding Services Keyboarding Services 75.00
Slater, Abby Paper Supplies Supplies Sales 59.90
Slater, Abby Paper Supplies Inventory Asset 50.00
Slater, Abby Paper Supplies Cost of Goods Sold 50.00
State Board of Equalization CA Sales Tax Sales Tax Payable 4.79
189.69 189.69
Accounts Payable
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
45 Invoice 01/10/2018 8 Sacramento Schools
Accounts Receivable
950.40
Sacramento Schools Textbooks Book Sales 880.00
Accounts Receivable
Accounts Receivable
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 5
Accounts Receivable
Trans # Type Date Num Adj Name Memo Account Debit Credit
47 Payment 01/10/2018 Complete Training, Inc. Partial Payment Undeposited Funds 1,000.00
Complete Training, Inc. Partial Payment
Accounts Receivable
1,000.00
1,378.33 1,378.33
50 Sales Receipt 01/11/2018 4
Cash Customer
Undeposited Funds 223.38
Cash Customer
Paperback Books Book Sales 134.85
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
51 Sales Receipt 01/11/2018 5
Cash Customer
Undeposited Funds 88.43
Cash Customer
Paper Supplies Supplies Sales 59.90
Cash Customer
Paper Supplies Inventory Asset 50.00
Cash Customer
Paper Supplies Cost of Goods Sold 50.00
Cash Customer
Pens, etc. Supplies Sales 8.99
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Cash Customer
52 Invoice 01/12/2018 9 Kim, Binh
Accounts Receivable
8.00
Kim, Binh Keyboarding Services Keyboarding Services 8.00
State Board of Equalization CA Sales Tax Sales Tax Payable 0.00
8.00 8.00
Accounts Payable
Accounts Receivable
Accounts Receivable
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 6
Cash Customer
Trans # Type Date Num Adj Name Memo Account Debit Credit
55 Bill 01/13/2018 Textbook Co.
Accounts Payable
2,000.00
Textbook Co. Textbooks Inventory Asset 2,000.00
2,000.00 2,000.00
59 Payment 01/14/2018 10283
Gonzalez, Hector
Undeposited Funds 270.00
Gonzalez, Hector
Accounts Receivable
270.00
270.00 270.00
60 Payment 01/14/2018 Kim, Binh Undeposited Funds 398.00
Kim, Binh
Accounts Receivable
398.00
Accounts Payable
Accounts Payable
63 Payment 01/15/2018 1278 Slater, Abby Undeposited Funds 136.90
Slater, Abby
Accounts Receivable
136.90
Accounts Receivable
Gonzalez, Hector
Cash Customer
Cash Customer
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 7
Accounts Receivable
Accounts Receivable
Trans # Type Date Num Adj Name Memo Account Debit Credit
65 Bill Pmt -Check 01/15/2018 2 Pens Aplenty Checking 102.90
Pens Aplenty
Accounts Payable
102.90
69 Invoice 01/17/2018 11 Capitol Schools
Accounts Receivable
972.00
Capitol Schools Textbooks Book Sales 1,000.00
Capitol Schools Textbooks Inventory Asset 400.00
Capitol Schools Textbooks Cost of Goods Sold 400.00
Capitol Schools 10% Discount to Nonprofit Agencies Sales Discounts 100.00
State Board of Equalization CA Sales Tax Sales Tax Payable 72.00
Gonzalez, Hector
Accounts Receivable
Gonzalez, Hector
Gonzalez, Hector
Accounts Receivable
72 Credit 01/17/2018 721 Supplies Co.
Accounts Payable
37.50
Supplies Co. Stationery Inventory Asset 37.50
37.50 37.50
73 Sales Receipt 01/20/2018 6
Cash Customer
Undeposited Funds 589.47
Cash Customer
Textbooks Book Sales 439.96
Cash Customer
Cash Customer
Cash Customer
Cash Customer
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 8
Accounts Payable
Accounts Payable
Trans # Type Date Num Adj Name Memo Account Debit Credit
74 Payment 01/20/2018 Sacramento Schools Undeposited Funds 931.39
76 Bill Pmt -Check 01/20/2018 6 Textbook Co. Checking 1,960.00
Textbook Co.
Accounts Payable
1,960.00
Textbook Co.
Accounts Payable
40.00
Textbook Co. Merchandise Discounts 40.00
2,000.00 2,000.00
77 Deposit 01/20/2018 Deposit Checking 1,520.86
Sacramento Schools Deposit Undeposited Funds 931.39
Cash Customer
Deposit Undeposited Funds 589.47
Gonzalez, Hector
Accounts Receivable
Gonzalez, Hector
Gonzalez, Hector
Gonzalez, Hector
Gonzalez, Hector
Gonzalez, Hector
Gonzalez, Hector
Gonzalez, Hector
79 Invoice 01/22/2018 14 Slater, Abby
Accounts Receivable
166.20
Slater, Abby Gift Ware Supplies Sales 99.95
Slater, Abby Gift Ware Inventory Asset 25.00
Slater, Abby Gift Ware Cost of Goods Sold 25.00
Slater, Abby Paperback Books Book Sales 26.97
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 9
Accounts Receivable
Accounts Receivable
Accounts Payable
Accounts Payable
Trans # Type Date Num Adj Name Memo Account Debit Credit
80 Payment 01/25/2018 127 Slater, Abby Undeposited Funds 162.88
Slater, Abby
Accounts Receivable
162.88
Gonzalez, Hector
Accounts Receivable
84.25
84.25 84.25
84 Payment 01/29/2018 Complete Training, Inc. Undeposited Funds 2,078.00
Complete Training, Inc.
Accounts Receivable
2,078.00
2,078.00 2,078.00
85 Bill 01/29/2018 Supplies Co.
Accounts Payable
22.50
Supplies Co. Stationery Inventory Asset 22.50
22.50 22.50
86 Bill 01/29/2018 Textbook Co.
Accounts Payable
80.00
Textbook Co. Paperback Books Inventory Asset 80.00
Accounts Payable
Accounts Receivable
Complete Training, Inc. Textbooks Inventory Asset 2,250.00
Complete Training, Inc. Textbooks Cost of Goods Sold 2,250.00
State Board of Equalization CA Sales Tax Sales Tax Payable 911.58
Gonzalez, Hector
Accounts Payable
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 10
Gonzalez, Hector
Trans # Type Date Num Adj Name Memo Account Debit Credit
91 Bill Pmt -Check 01/30/2018 8 Supplies Co. Checking 822.05
Supplies Co.
Accounts Payable
822.05
Supplies Co.
Accounts Payable
0.45
Supplies Co. Merchandise Discounts 0.45
822.50 822.50
101 General Journal 01/31/2018 9 *
Adjusting Entry
Supplies Expense 400.00
*
Adjusting Entry
Supplies 400.00
400.00 400.00
102 General Journal 01/31/2018 10 *
Adjusting Entry
Fire Insurance 50.00
*
Adjusting Entry
Liability Insurance 50.00
*
Adjusting Entry
Prepaid Insurance 100.00
105 Check 01/31/2018 Service Charge Checking 15.00
Service Charge Bank Service Charges 15.00
15.00 15.00
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 11
Adjusting Entry
Adjusting Entry
Trans # Type Date Num Adj Name Memo Account Debit Credit
Your Name’s Madison Avenue Books
Journal
December 31, 2017 through January 31, 2018
Page 12