Name Date Class
4-3 APPLICATION PROBLEM, p. 116
Journalizing correcting entries and correcting posting errors (LO7, 8)
GENERAL JOURNAL PAGE
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
10 10
11 11
12 12
13 13
14 14
ACCOUNT Supplies ACCOUNT NO. 130
1.
2.
20–
Aug. 1Utilities Expense M66 5 3 0 00
Repairs Expense 5 3 0 00
5 Sales M67 1 2 0 0 00
Vivian Lynum, Capital 1 2 0 0 00
15
74 • Working Papers
GENERAL JOURNAL PAGE
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
10 10
11 11
12 12
13 13
14 14
4-M MASTERY PROBLEM, p. 117
Journalizing transactions and posting to a general ledger (LO3, 4, 5)
TE
20 – –
Feb. 1Cash R1 110 11 0 0 0 00
Brian Ford, Capital 310 11 0 0 0 00
3 Supplies C1 130 8 0 0 00
Cash 110 8 0 0 00
5Cash T5 110 1 8 0 0 00
Sales 410 1 8 0 0 00
6Accounts Receivable—Clara Walthers S1 120 5 6 0 00
Sales 410 5 6 0 00
9Rent Expense C2 530 1 2 0 0 00
Cash 110 1 2 0 0 00
11 Miscellaneous Expense C3 520 1 0 0 00
Cash 110 1 0 0 00
13 Supplies M1 130 4 8 0 00
Accounts Payable—Corner Supplies 210 4 8 0 00
1
Chapter 4 Posting to a General Ledger • 75
Name Date Class
4-M MASTERY PROBLEM (continued)
GENERAL LEDGER
ACCOUNT Cash ACCOUNT NO. 110
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Accounts Receivable—Clara Walthers ACCOUNT NO. 120
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
20 – –
Feb. 1 G1 11 0 0 0 00 11 0 0 0 00
3 G1 8 0 0 00 10 2 0 0 00
5 G1 1 8 0 0 00 12 0 0 0 00
9 G1 1 2 0 0 00 10 8 0 0 00
11 G1 1 0 0 00 10 7 0 0 00
13 G1 8 6 0 00 11 5 6 0 00
16 G1 2 8 6 00 11 2 7 4 00
20 – –
Feb. 6 G1 5 6 0 00 5 6 0 00
20 G1 3 0 0 00 2 6 0 00
76 • Working Papers
4-M MASTERY PROBLEM (continued)
GENERAL LEDGER
ACCOUNT Accounts Payable—Corner Supplies ACCOUNT NO. 210
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Brian Ford, Capital ACCOUNT NO. 310
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
TE
20 – –
Feb. 13 G1 4 8 0 00 4 8 0 00
18 G1 2 8 0 00 2 0 0 00
20 – –
Feb. 1 G1 11 0 0 0 00 11 0 0 0 00
Chapter 4 Posting to a General Ledger • 77
Name Date Class
4-M MASTERY PROBLEM (concluded)
GENERAL LEDGER
ACCOUNT Advertising Expense ACCOUNT NO. 510
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
20 – –
Feb. 16 G1 2 8 6 00 2 8 6 00
78 • Working Papers
4-S SOURCE DOCUMENTS PROBLEM, p. 117
Journalizing transactions and posting to a general ledger (LO5, 6)
Receipt No. 1
Date , 20 – –
From
For
Receipt No. 1 Form
Date 20 – –
Rec’d from
For
Dollars
Amount
Received by
$
$
Sept. 2
Darlene Steffens
Investment
1
September 2
Darlene Steffens
Investment
Thirty-five hundred and no/100
Darlene Steffens
3,500 00
3,500 00
TE
Chapter 4 Posting to a General Ledger • 79
Name Date Class
4-S SOURCE DOCUMENTS PROBLEM (continued)
No. 2 Form
Date $
To
For
BALANCE BROUGHT FORWARD 3,000 00
AMOUNT DEPOSITED
SUBTOTAL Date 3,000 00
AMOUNT THIS CHECK 60 00
BALANCE CARRIED FORWARD 2,940 00
20 – –
4
Sept. 7 60.00
Connect Telephone Company
Telephone bill
Form
0.00*
100.00+
300.00+
400.00*
5
Sept. 7,20 – –
T7
80 • Working Papers
4-S SOURCE DOCUMENTS PROBLEM (continued)
Form
0.00*
215.00+
210.00+
425.00*
10
Sept. 21,20 – –
T21
No. 4 Form
Date $
To
For
BALANCE BROUGHT FORWARD 2,850 00
AMOUNT DEPOSITED 9 14 20 – – 550 00
SUBTOTAL Date 3,400 00
AMOUNT THIS CHECK 163 00
BALANCE CARRIED FORWARD 3,237 00
20 – –
9
Sept. 16 163.00
Sun Newspaper
Advertising
TE
Chapter 4 Posting to a General Ledger • 81
Name Date Class
4-S SOURCE DOCUMENTS PROBLEM (continued)
No. 6 Form
Date $
To
For
BALANCE BROUGHT FORWARD 3,162 00
AMOUNT DEPOSITED 9 24 20 – – 213 00
SUBTOTAL
Date 3,375 00
AMOUNT THIS CHECK 300 00
BALANCE CARRIED FORWARD 3,075 00
20 – –
13
Sept. 26 300.00
Atlas Supplies
Supplies
Form
0.00*
250.00+
250.00*
14
Sept. 28,20 – –
T28
4-S SOURCE DOCUMENTS PROBLEM (continued)
Form
0.00*
125.00+
225.00+
350.00*
17
Sept. 30,20 – –
T30
No. 8 Form
Date $
To
For
BALANCE BROUGHT FORWARD 3,270 00
AMOUNT DEPOSITED 930 20 – – 350 00
SUBTOTAL
Date 3,620 00
AMOUNT THIS CHECK 500 00
BALANCE CARRIED FORWARD 3,120 00
20 – –
18
Sept. 30 500.00
Darlene Steffens
Withdrawal of equity
Chapter 4 Posting to a General Ledger • 83
Name Date Class
4-S SOURCE DOCUMENTS PROBLEM (continued)
GENERAL JOURNAL PAGE
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
20 – –
Sept. 2Cash (1) R1 110 3 5 0 0 00
Darlene Steffens, Capital 310 3 5 0 0 00
3 Rent Expense (2) C1 520 5 0 0 00
Cash 110 5 0 0 00
6 Supplies (3) M1 130 6 5 0 00
Accounts Payable—Atlas Supplies 210 6 5 0 00
7 Utilities Expense (4) C2 530 6 0 00
Cash 110 6 0 00
7 Cash (5) T7 110 4 0 0 00
1
84 • Working Papers
4-S SOURCE DOCUMENTS PROBLEM (continued)
GENERAL JOURNAL PAGE
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
10 10
11 11
12 12
13 13
14 14
15 15
16 16
17 17
18 18
19 19
20 20
21 21
TE
20 – –
Sept. 30 Cash (17) T30 110 3 5 0 00
Sales 410 3 5 0 00
30 Darlene Steffens, Drawing (18) C8 320 5 0 0 00
Cash 110 5 0 0 00
2
Name Date Class
4-S SOURCE DOCUMENTS PROBLEM (continued)
GENERAL LEDGER
ACCOUNT Cash ACCOUNT NO. 110
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Accounts Receivable—K. Hrbek ACCOUNT NO. 120
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Supplies ACCOUNT NO. 130
20 – –
Sept. 2 G1 3 5 0 0 00 3 5 0 0 00
3 G1 5 0 0 00 3 0 0 0 00
7 G1 6 0 00 2 9 4 0 00
7 G1 4 0 0 00 3 3 4 0 00
11 G1 4 9 0 00 2 8 5 0 00
14 G1 5 5 0 00 3 4 0 0 00
16 G1 1 6 3 00 3 2 3 7 00
21 G1 4 2 5 00 3 6 6 2 00
20 – –
Sept. 10 G1 3 2 5 00 3 2 5 00
24 G1 2 1 3 00 1 1 2 00
29 G1 2 4 0 00 3 5 2 00
86 • Working Papers
4-S SOURCE DOCUMENTS PROBLEM (continued)
GENERAL LEDGER
ACCOUNT Prepaid Insurance ACCOUNT NO. 140
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Accounts Payable—Atlas Supplies ACCOUNT NO. 210
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
TE
20 – –
Sept. 11 G1 4 9 0 00 4 9 0 00
20 – –
Sept. 6 G1 6 5 0 00 6 5 0 00
23 G1 5 0 0 00 1 5 0 00
Chapter 4 Posting to a General Ledger • 87
Name Date Class
4-S SOURCE DOCUMENTS PROBLEM (concluded)
GENERAL LEDGER
ACCOUNT Sales ACCOUNT NO. 410
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
20 – –
Sept. 7G1 4 0 0 00 4 0 0 00
10 G1 3 2 5 00 7 2 5 00
14 G1 5 5 0 00 1 2 7 5 00
21 G1 4 2 5 00 1 7 0 0 00
28 G1 2 5 0 00 1 9 5 0 00
29 G1 2 4 0 00 2 1 9 0 00
30 G2 3 5 0 00 2 5 4 0 00
88 • Working Papers
GENERAL JOURNAL PAGE 5
DEBIT DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
4-C CHALLENGE PROBLEM, p. 118
Posting using a variation of the general journal (LO5, 6)
6 0 0 0 00 20–
May 1Cash R1
Lian Liu, Capital 6 0 0 0 00
4 2 5 00 3 Rent Expense C1
Cash 4 2 5 00
1 0 00 5 Miscellaneous Expense C2
Cash 1 0 00
5 0 0 00 9 Accounts Receivable—Janna Spear S1
Sales 5 0 0 00
8 0 0 00 11 Supplies C3
TE
110
310
530
110
520
110
120
410
130
Chapter 4 Posting to a General Ledger • 89
Name Date Class
4-C CHALLENGE PROBLEM (continued)
GENERAL LEDGER
ACCOUNT Cash ACCOUNT NO. 110
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Accounts Receivable—Janna Spear ACCOUNT NO. 120
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Supplies ACCOUNT NO. 130
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
20 – –
May 1 G5 6 0 0 0 00 6 0 0 0 00
3 G5 4 2 5 00 5 5 7 5 00
5 G5 1 0 00 5 5 6 5 00
11 G5 8 0 0 00 4 7 6 5 00
13 G5 9 0 0 00 5 6 6 5 00
18 G5 3 0 0 00 5 3 6 5 00
19 G5 1 2 0 00 5 2 4 5 00
20 – –
May 9 G5 5 0 0 00 5 0 0 00
20 – –
May 11 G5 8 0 0 00 8 0 0 00
16 G5 4 0 0 00 1 2 0 0 00
23 G5 3 0 0 00 1 5 0 0 00
27 G5 2 0 0 00 1 7 0 0 00
90 • Working Papers
4-C CHALLENGE PROBLEM (concluded)
GENERAL LEDGER
ACCOUNT Lian Liu, Drawing ACCOUNT NO. 320
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
ACCOUNT Sales ACCOUNT NO. 410
DATE ITEM POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
TE
20 – –
May 30 G5 2 8 0 0 00 2 8 0 0 00
20 – –
May 9 G5 5 0 0 00 5 0 0 00
13 G5 9 0 0 00 1 4 0 0 00
20 G5 2 2 0 0 00 3 6 0 0 00
27 G5 3 6 6 0 00 7 2 6 0 00
31 G5 8 2 0 00 8 0 8 0 00