Key Accounting Principles Volume 1, 4th Edition - Textbook - page 163

Chapter 6 The Accounting Cycle: Statements and Closing Entries
163
Account: Accounts Receivable GL. No. 105
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 3,100 DR
Jun 18 J1 1,500 4,600 DR
Jun 30 Adjusting Entry J2 900 5,500 DR
Account: Prepaid Insurance GL. No. 110
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 0 DR
Jun 3 J1 1,200 1,200 DR
Jun 30 Adjusting Entry J2 100 1,100 DR
Account: Equipment GL. No. 120
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 6,000 DR
Account: Accumulated Depreciation GL. No. 125
Date Description PR DR CR Balance
2016
Jun 30 Adjusting Entry J2 100 100 CR
Account: Accounts Payable GL. No. 200
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 2,300 CR
Jun 11 J1 450 2,750 CR
Account: Interest Payable GL. No. 205
Date Description PR DR CR Balance
2016
Jun 30 Adjusting Entry J2 25 25 CR
Account: Unearned Revenue GL. No. 210
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 600 CR
Jun 16 J1 300 900 CR
Jun 30 Adjusting Entry J2 450 450 CR