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-   -   Which entries go in which T-Accounts & balance total? (https://www.askmehelpdesk.com/showthread.php?t=641761)

  • Mar 7, 2012, 01:43 PM
    sx1982
    Which entries go in which T-Accounts & balance total?
    I got the t-accounts started on paper but my trial balance doesn't match on the Debit or Credit side? Are my balances in the t accounts correct?

    A. Cash Debit 5000
    Equipment, Truck Debit 10,000
    Owners Cap Credit 15,000

    B. Supplies Debit 200
    Cash Credit 200

    C. Prepaid Ins Debit 600
    Cash Credit 600

    D. A/R Debit 700
    Service Revenue Credit 700

    E. Accts Receivables Debit 2,000
    Service Revenue Credit 2,000

    F. Salary Expense Debit 800
    Cash Credit 800

    G. Cash Debit 900
    Service Revenue Credit 900

    H. Cash Debit 500
    Unearned Service Revenue Credit 500

    I. Cash Debit 2000
    Accts Receivables Credit 2000

    J. Fuel Expense Debit 100
    Accts Payable Credit 100

    K. Accts Receivables Debit 800
    Service Revenue Credit 800

    L. Rent Expense Debit 500
    Cash Credit 500

    M. Accts Payable Debit 100
    Cash Credit 100

    N. Owner Withdraw Debit 1900
    Cash Credit 1900

    O. Salary Expense Debit 800
    Salary Payable Credit 800

    P Depreciation Expense Debit 50
    Accumulation Depreciation Credit 50

    Q. Insurance Expense Debit 150
    Prepaid Insurance Credit 150

    R. Supplies Expense Debit 100
    Supplies Credit 100

    S. Unearned Service Revenue Debit 400
    Service Revenue Credit 400



    T Accounts

    Permanent Accts:
    Cash - Debit: a/500, h/500, g/900, I/200 - Credit: b/200, c/600, f/800, L/500, m/100, n/100
    Accts Receivables - debit: k/800, e/2000, d/700 - Credit I/2000
    Supplies - Debit: b/200 - Credit r/100
    Prepaid Insurance - Debit: c/600 - Credit Q/150
    Delivery Truck - Debit: a/10,000
    Accumulative Depreciation - Credit: p/50
    Accts Payable - Debit(-): j/100, Credit( ): m/100
    Salary Payable - Debit: 0 - Credit: 800
    Unearned Service Revenue - Debit; s/400, Credit: h/500
    Dwyer, Capital - Debit: 0 - Credit: a/15,000, n/1900

    Temporary Accts:
    Dwyer, Withdraws - Debit: n/1900 - Credit: 0
    Income Summary - debit: 0 - Credit: 0
    Service Revenue - Debit: s/400, d/700 - Credit: g/900, k/800, 2000/e, s/400
    Salary Expense - Debit: f/800, o/800 - Credit: 0
    Depreciation Expense - debit: p/50 - Credit; 0
    Insurance Expense - debit: q/150 - Credit: 0
    Fuel Expense - Debit: j/100 - Credit: 0
    Rent Expense - Debit: L/500 - Credit: 0
    Supplies Expense: Debit: r/100, Credit: 0

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