Journal Entries Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts: Cash Equipment Dividends (1) 50,000 (2) 3,400 (3) 15,000 (9) 1,000 (7) 8,700 (3) 5,000 (4) 4,850 (6) 2,500 (9) 1,000 Accounts Receivable Accounts Payable Service Revenue (5) 18,200 (7) 8,700 (6) 2,500 (3) 10,000 (5) 18,200 Supplies Common Stock Operating Expenses (2) 3,400 (8) 1,100 (1) 50,000 (4) 4,850 (8) 1,100 Prepare the nine journal entries from which the postings were made. For a compound transaction, if an amount box does not require an entry, leave it blank. (1) fill in the blank 2 fill in the blank 4 (2) fill in the blank 6 fill in the blank 8 (3) fill in the blank 10 fill in the blank 11 fill in the blank 13 fill in the blank 14 fill in the blank 16 fill in the blank 17 (4) fill in the blank 19 fill in the blank 21 (5) fill in the blank 23 fill in the blank 25 (6) fill in the blank 27 fill in the blank 29 (7) fill in the blank 31 fill in the blank 33 (8) fill in the blank 35 fill in the blank 37 (9) fill in the blank 39 fill in the blank 41
Journal Entries Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts: Cash Equipment Dividends (1) 50,000 (2) 3,400 (3) 15,000 (9) 1,000 (7) 8,700 (3) 5,000 (4) 4,850 (6) 2,500 (9) 1,000 Accounts Receivable Accounts Payable Service Revenue (5) 18,200 (7) 8,700 (6) 2,500 (3) 10,000 (5) 18,200 Supplies Common Stock Operating Expenses (2) 3,400 (8) 1,100 (1) 50,000 (4) 4,850 (8) 1,100 Prepare the nine journal entries from which the postings were made. For a compound transaction, if an amount box does not require an entry, leave it blank. (1) fill in the blank 2 fill in the blank 4 (2) fill in the blank 6 fill in the blank 8 (3) fill in the blank 10 fill in the blank 11 fill in the blank 13 fill in the blank 14 fill in the blank 16 fill in the blank 17 (4) fill in the blank 19 fill in the blank 21 (5) fill in the blank 23 fill in the blank 25 (6) fill in the blank 27 fill in the blank 29 (7) fill in the blank 31 fill in the blank 33 (8) fill in the blank 35 fill in the blank 37 (9) fill in the blank 39 fill in the blank 41
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter3: Processing Accounting Information
Section: Chapter Questions
Problem 3.12AMCP: Journal Entries Overnight Delivery Inc. is incorporated on February 1 and enters into the following...
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Napa Tours Co. is a travel agency. The nine transactions recorded by Napa Tours during April 2018, its first month of operations, are indicated in the following T accounts:
Cash | Equipment | Dividends | |||||
---|---|---|---|---|---|---|---|
(1) 50,000 | (2) 3,400 | (3) 15,000 | (9) 1,000 | ||||
(7) 8,700 | (3) 5,000 | ||||||
(4) 4,850 | |||||||
(6) 2,500 | |||||||
(9) 1,000 |
Accounts Payable | Service Revenue | ||||||
---|---|---|---|---|---|---|---|
(5) 18,200 | (7) 8,700 | (6) 2,500 | (3) 10,000 | (5) 18,200 | |||
Supplies | Common Stock | Operating Expenses | |||||
---|---|---|---|---|---|---|---|
(2) 3,400 | (8) 1,100 | (1) 50,000 | (4) 4,850 | ||||
(8) 1,100 |
Prepare the nine journal entries from which the postings were made. For a compound transaction, if an amount box does not require an entry, leave it blank.
(1) | fill in the blank 2 | ||
fill in the blank 4 | |||
(2) | fill in the blank 6 | ||
fill in the blank 8 | |||
(3) | fill in the blank 10 | fill in the blank 11 | |
fill in the blank 13 | fill in the blank 14 | ||
fill in the blank 16 | fill in the blank 17 | ||
(4) | fill in the blank 19 | ||
fill in the blank 21 | |||
(5) | fill in the blank 23 | ||
fill in the blank 25 | |||
(6) | fill in the blank 27 | ||
fill in the blank 29 | |||
(7) | fill in the blank 31 | ||
fill in the blank 33 | |||
(8) | fill in the blank 35 | ||
fill in the blank 37 | |||
(9) | fill in the blank 39 | ||
fill in the blank 41 |
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