Ask Experts Questions for FREE Help !
Ask
    melindakay's Avatar
    melindakay Posts: 3, Reputation: 1
    New Member
     
    #1

    Sep 18, 2011, 08:14 PM
    Accounting
    REQUIREMENT #2:

    Post the July journal entries to the following T-Accounts and compute ending balances.


    Cash (111) Landscaping Revenue (411)








    Prepaid Insurance (117) Rent Expense (511)






    Landscaping Supplies (119) Utility Expense (512)






    Landscaping Equipment (144) Insurance Expense (513)






    Accum. Depr.-Equipment (145) Supplies Expense (514)







    Accounts Payable (212) Depreciation Expense (515)






    Income Taxes Payable (213) Income Taxes Expense (516)






    Common Stock (311)






    Retained Earnings (312)






    Dividends (313)
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Sep 20, 2011, 06:50 AM
    You need to set-up T accounts for all of your accounts, post your beginning account balances, then post your journal entries to your T accounts, and finally compute your ending account balances for all of your accounts.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Questions on financial accounting,cost and management accounting [ 3 Answers ]

I want different sets of questions on financial accounting,cost and management accounting for free. I am a teacher in this area

AP Journal Entires - accrual accounting and cash accounting [ 6 Answers ]

What are the journal entries for accrual accounting and cash accounting for an invoice and a payment?

List five differences between management accounting and cost accounting [ 1 Answers ]

Describe five differences between management accounting and cost accounting


View more questions Search