Assesment 1

P2-1B
Hyzer Disc Golf Course
In Euro ()
Date
March
1

10

18

19

25

30

30

31

GENERAL JOURNAL
Account Titles and Explanation

Cash
Share Capital - Ordinary
(issued ordinary shares for cash)
Land
Shed
Equipment
Cash
(Purchased land, shed, & equipment for cash)
Advertising Expense
Cash
(Paid advertising expense for cash)
Prepaid insurance
Cash
(Paid one-year policy effective date March 1)
Equipment
Account Payable
(Purchased equipment on account from
Innova Company)
Cash
Golf Revenue
(Received cash for service)
Cash
Unearned Revenue
(Received cash for coupon books for future
service)
Devidend
Cash
(Declared and paid a cash devidend)
Salaries Expense
Cash
(Paid salaries to date)
Account Payable
Cash
(Paid Innova Company in full)
Cash
Golf Revenue
(Received cash for service)

Re
f

Debi
t
20.0
00

12.0
00
2.00
0
1.00
0

Cred
it

20.00
0

15.00
0

700
700
600
600
1.050
1.05
0
340
340
1.000
1.00
0

800

800

250

250

1.050

1.05
0

200

200

P2-2B
Maria Schultz Licensed Dentist
In Dollar ($)
Date
April
1

1
2

10

11

20

30

30

GENERAL JOURNAL
Account Titles and Explanation

Cash
Share Capital - Ordinary
(Issued ordinary shares for cash)
No Entry
Rent Expense
Cash
(Paid office rent for cash)
Supplies
Account Payable
(Purchased supplies on account from Smile
Company)
Account Receivable
Service Revenue
(Recognize revenue for service provide)
Cash
Unearned Revenue
(Received cash from Trudy Borke for future
service)
Cash
Service Revenue
(Received cash for service from John Stanley)
Salaries Expense
Cash
(Paid secretary-receptionist for the month)
Account Payable
Cash
(Paid supplies to Smile Company)

Re
f

Debi
t

101
311

40.0
00

729
101

1.00
0

Cred
it

40.00
0

1.000

126
201
112
400

4.00
0

4.000

5.100
101
209

5.10
0
1.000

101
400

1.00
0

2.100

726
101
201
101

2.10
0

2.400

1.600
2.40
0

1.60

POSTING LEDGER
Maria Schultz Licensed Dentist

11
20

Cash
April 1
40.000
1.000
2.100
38.100

101
April 2
1.000
30
2.400
30
1.600

Share Capital

311
April 1
40.000
40.000

Account Payable
April 30
1.600

201
April 3
4.000
2.400

Service Revenue

400
April 10
5.100
20
2.100
7.200

Salaries Expense

726
April 30
2.400
2.400

Rent Expense
April 2
1.000
1.000

Supplies
April 3
4.000
4.000

Account Receivable
April 10
5.100
5.100

729

126

112

Unearned Revenue
209
April 11
1.000
1.000

TRIAL BALANCE
Maria Schultz Licensed Dentist
April 30, 2011

Debit
Cash
Share Capital
Rent Expense
Supplies
Account Payable
Account Receivable
Service Revenue
Unearned Revenue
Salaries Expense

38.10
0

Credi
t
40.00
0

1.000
4.000
2.400
5.100
7.200
1.000
2.400
50.60
0

50.60
0

P3-1
Yasunari Kawabata, D.D.S
In Yen ()
Date
Sept
1

4
5

10

GENERAL JOURNAL
Account Titles and Explanation

Cash
Yasunari Kawabata Capital
(Issued ordinary shares for cash)
Furniture and Equipment
Account Payable
(Purchase for furniture and equipment in
account)
Rent Expense
Cash
(Paid office space rent for the month )
No Entry
Dental Supplies on Hand
Cash
(Paid dental supplies)
Cash
Service Revenue
(Received cash for service from patients)

Re
f

Debi
t
20.0
00

17.2
80

Cred
it

20.00
0

17.28
0

680
680
5.10
0
942

942

1.69

1.690

14

18

19

20

25

30

30

30

Miscellaneous Office Expense

Cash
(Paid miscellaneous office expense)
Account Receivable
Service Revenue
(Recognize revenue for service performance)
Account Payable
Cash
(Paid supplies to Smile Company)
Yasunari Kawabata Capital
Cash
(Withdraws cash from the business for
personal use)
Cash
Accoun Receivable
(Paid miscellaneous office expense)
Account Receivable
Service Revenue
(Recognize revenue for service performance)
Office Salaries Expense
Miscellaneous Office Expense
Cash
(Paid the following expense)
Supplies Expense
Supplies on Hand
(Dental supplies use during september)
Dept. Expense
Accumulated depretiation expemse

0
430
430
5.820
5.82
0
3.600
3.60
0

3.00
0

2.110

2.11
0

1.885

330
1.80
0
85

288

Cash
Sept 1
Sept 4
20.000
680
8
1.690
5
942
20
980
10
430
18 3.600
19 3.500
30 1.885
Yasuwari Capital
12.133
Sept
19
Sept 1
3.000
20.000
17.000

980

980

330

POSTING LEDGER
Yasunari Kawabata, D.D.S

3.000

288

Furniture & Equipment

Sept 30
17.280
17.280
Account Payable
Sept 18
Sept 2
3.600
17.280
13.680

Dental Supplies on Hand

Sept 5
Sept 30
942
330
612

Miscellaneous Office
Expense
Sept 10
430
Sept 30
85
515

Office Salaries Expense

Sept 30
288
288
Supplies Expense
Sept 30
330
330

Depreciation Expense
Sept 30
288
288

Rent Expense
Sept 4
680
680

Service Revenue
Sept 8
1.690
Sept 14
5.820
Sept 25
2.110
9.620

Account Receivable
Sept 14
Sept 20
5.820
980
Sept 25
2.110
6.950

Accumulated Depreciation
Sept 30
288
288

TRIAL
Yasunari
D.D.S
Sept 30,

Revenue
Service Revenue
Expense
Rent Expense
680
Miscellaneous Expense
515
Office Salaries Expense 1.800
Debit
Supplies Expense
330
Depreciation Expense
288
Cash Total Expense
12.13

Yasuwari
Capital
Net Income
Furniture & Expense
Account Payable
Rent Expense
Dental Supplies on Hand
Account Receivable
Miscellaneous Office
Expense
Service Revenue
Official Salaries Expense
Supplies Expense
Accumulated
Depreciation
Depreciation Expense

BALANCE
Kawabata,

9.620

2011
Credi
t
3.613
17.00
6.007

17.28
0

13.68
0

680
612
6.950
515
9.620
1.800
330
288
288
40.58
8

INCOME STATEMENT
Yasunari Kawabata, D.D.S

40.58
8

STATEMENT
OWNERS
Yasunari
D.D.S

Kawabata, Capital
September 1
Add : Net Income for
September
Less : Withdrawal by owner
Kawabata, Capital
September 30

20.000
6.007

OF
EQUITY
Kawabata,

26.007
3.000
23.007

STATEMENT OF FINANCIAL POSITION

Yasunari Kawabata, D.D.S
Assets
Furniture & Equipment
Accumulated
Depreciation
Supplies on Hand
Account Receivable
Cash
Total Assets

17.280
(288)
612
6.950
12.133
36.687

Equity & Liabilities

Yasunari Capital

23.007

Account Payable

13.680

Total Liabilities & Equity

36.687

CLOSING ENTRIES
Yasunari Kawabata, D.D.S
Sept

30
30

Revenue
Income Summary
Income Summary

9.620

30

Rent Expense
Miscelaneous Expense
Office Salaries
Expense
Supplies Expense
Depreciation Expense
Income Summary
R/E

680
515
1.800
330
288
6.007
6.007

POST-CLOSING TRIAL BALANCE

Yasunari Kawabata, D.D.S
Debit
Cash
Yasuwari Capital
Furniture & Expense
Account Payable
Dental Supplies on Hand
Account Receivable
Accumulated
Depreciation
R/E

12.13
3
17.28
0

Credi
t
17.00
0
13.68
0

612
6.950

36.97
5

288
6.007
36.97
5