Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
For correct grading, enter a zero or select N/A in cells you would otherwise leave blank.
Although subsidiary ledger accounts are not provided, assume postings are made and enter the appropriate reference.
2. and 4.
Page 37
Post. Maint. Supplies Office Supplies Post.
Account Credited Ref. Debit Debit Other Accounts Debit Ref. Amount
Mar.
31 Totals
Page 31
Post. Accts. Receivable Cash
Account Credited Ref. Credit Debit
Mar.
31 Totals
Inv. Post.
No. Account Debited Ref.
Mar. 91
92
93
94
95
31 Total
Page 34
Ck. Post. Accts. Payable Cash
No. Account Debited Ref. Debit Credit
Mar. 205
206
207
208
209
210
211
212
213
214
215
216
217
218
31 Totals
Page 1
Post.
Ref. Debit Credit
Mar.
1., 3., and 4.
Cash 11
GENERAL LEDGER
Description
Date
Other Accts.
Debit
Date
2014
REVENUE JOURNAL
Page 35
Date
2014
PURCHASES JOURNAL
Accts. Payable
Credit
0%
[Key code here]
Problem 5-5B
Name:
Section:
2014
CCCCCCCCCASH RECEIPTS JOURNAL
Other Accts.
Credit
Date
CCCCCCCCCASH PAYMENTS JOURNAL
Accts. Rec. Dr.
Date
Fees Earned Cr.
2014
JOURNAL
2014
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √65,200
……………………………
……………………………
Accounts Receivable 12
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √31,950
……………………………
……………………………
Maintenance Supplies 14
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √7,240
……………………………
……………………………
Office Supplies
15
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √3,690
……………………………
……………………………
Office Equipment 16
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √17,300
……………………………
Accumuluated Depreciation – Office Equipment 17
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √……………. ……………. ……………. 4,250
Vehicles
18
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √62,400
……………………………
……………………………
Accumuluated Depreciation – Vehicles 19
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √……………. ……………. ……………. 17,800
Accounts Payable 21
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √2,755
……………………………
……………………………
J. Wu, Capital
31
Post.
Item Ref. Debit Credit Debit Credit
Mar. 1 Balance √……………. ……………. ……………. 162,975
J. Wu, Drawing
32
Post.
Item Ref. Debit Credit Debit Credit
Mar.
Fees Earned 41
Post.
Balance
Date
2014
Balance
2014
Balance
Date
2014
Date
2014
Balance
Date
Balance
Date
2014
Balance
2014
Balance
Date
2014
Date
2014
Balance
Date
Balance
Date
2014
Balance
Date
2014
Balance
Balance
Date
2014
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
……………………………
……………………………
Rent Revenue
42
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Driver Salaries Expense 51
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Maintenance Supplies Expense 52
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Fuel Expense
53
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Office Salaries Expense 61
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Rent Expense
62
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Advertising Expense 63
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
Miscellaneous Administrative Expense 64
Post.
Item Ref. Debit Credit Debit Credit
Mar. ……………………………
5.
Debit Credit
Balances Balances
Cash
Accounts Receivable
Maintenance Supplies
Office Supplies
Office Equipment
Accumulated Depreciation – Office Equipment
Vehicles
Accumulated Depreciation – Vehicles
Accounts Payable
J. Wu, Capital
J. Wu, Drawing
Fees Earned
Rent Revenue
Driver Salaries Expense
Maintenance Supplies Expense
Fuel Expense
Office Salaries Expense
Rent Expense
Advertising Expense
Miscellaneous Administrative Expense
Balance
March 31, 2014
Date
2014
AM EXPRESS COMPANY
Unadjusted Trial Balance
2014
Balance
Date
2014
Date
2014
Balance
Date
Balance
Date
2014
Balance
2014
Balance
Date
2014
Date
2014
Balance
Date
2014
Balance
Date
Totals
Scoring:
An asterisk (*) will appear to the right of an incorrect entry.
For correct grading, enter a zero or select N/A in cells you would otherwise leave blank.
Although subsidiary ledger accounts are not provided, assume postings are made and enter the appropriate reference.
2. and 4.
Page 37
Post. Maint. Supplies Office Supplies Post.
Account Credited Ref. Debit Debit Other Accounts Debit Ref. Amount
Mar. 2 McIntyre Sales Co. √– – Vehicles 18 26,900
Inv. Post.
Date
28,500
33,300
21,200
2014
9,200
6,300
7,200
Date
No. Account Debited Ref.
Mar. 5 91 Ellis Co. √
7 92 Trent Co. √
1., 3., and 4.
Cash 11
Post.
Item Ref. Debit Credit Debit Credit
Date
ON
Instructions
Problem 5-5B
Name:
Solution
Section:
2014
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
7,000
REVENUE JOURNAL
Accts. Rec. Dr.
Date
Date
PURCHASES JOURNAL
Page 35
Fees Earned Cr.
9,840
Balance
GENERAL LEDGER
Accts. Payable
Credit
2014
26,900
Post. Accts. Receivable Cash
Account Credited Ref. Credit Debit
Credit
Date
29,400
2014
26,800
Mar. 1 Balance √65,200
31 …………………………… CR31 96,050 – 161,250 –
Office Equipment 16
Post.
Post.
Post.
Post.
Post.
Post.
Post.
Post.
Balance
Date
2014
Balance
2014
Date
2014
Balance
Date
Balance
Date
2014
Balance
Date
2014
Balance
Date
2014
Balance
Item Ref. Debit Credit Debit Credit
2014
Balance
Date
2014
Post.
Post.
Post.
Date
2014
2014
Balance
Date
2014
Balance
Date