Key Accounting Principles Volume 1, 4th Edition - Textbook - page 398

Appendix I Review Exercise Solutions
398
Account: Bank Loan GL. No. 215
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 4,000 CR
Jun 23 J1 950 3,050 CR
Account: Gordon, Capital GL. No. 300
Date Description PR DR CR Balance
2016
Jun 1 Opening Balance 6,400 CR
Jun 13 J1 3,000 9,400 CR
Account: Gordon, Drawings GL. No. 310
Date Description PR DR CR Balance
2016
Jun 30 J1 1,000 1,000 DR
Account: Service Revenue GL. No. 400
Date Description PR DR CR Balance
2016
Jun 6 J1 2,100 2,100 CR
Jun 18 J1 1,500 3,600 CR
Jun 30 Adjusting Entry J2 450 4,050 CR
Jun 30 Adjusting Enry J2 900 4,950 CR
Account: Advertising Expense GL. No. 500
Date Description PR DR CR Balance
2016
Jun 11 J1 450 450 DR
Account: Depreciation Expense GL. No. 510
Date Description PR DR CR Balance
2016
Jun 30 Adjusting Entry J2 100 100 DR
Account: Insurance Expense GL. No. 515
Date Description PR DR CR Balance
2016
Jun 30 Adjusting Entry J2 100 100 DR