Accounting
27th Edition
ISBN: 9781285149165
Author: WARREN
Publisher: CENGAGE C
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Textbook Question
Chapter 2, Problem 2.14EX
Journal entries
Based upon the T accounts in Exercise 2–13, prepare the nine journal entries from which the postings were made.
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Prepare journal entries/adjusting journal entries for each of the transactions a-j above
While posting an entry in a ledger, the Post. Ref. column in the ledger account is filled with the number 96. It indicates that:
a.the entry is related to account number 96.
b.the entry came from page number 96 of the journal.
c.this entry came from a source document numbered 96.
d.the entry is the 96th entry in the ledger.
Prepare journal entries, previous answer is incorrect and incomplete.
Please answer completely of all the transactions from 1 to 31.
Chapter 2 Solutions
Accounting
Ch. 2 - What is the difference between an account and a...Ch. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - eCatalog Services Company performed services in...Ch. 2 - If the two totals of a trial balance are equal,...Ch. 2 - Assume that a trial balance is prepared with an...Ch. 2 - Assume that when a purchase of supplies of 2,650...Ch. 2 - Assume that Muscular Consulting erroneously...Ch. 2 - Assume that Sunshine Realty Co. borrowed 300,000...Ch. 2 - Checking accounts are a common form of deposits...
Ch. 2 - Rules of debit and credit and normal balances...Ch. 2 - Rules of debit and credit and normal balances...Ch. 2 - Journal entry for asset purchase Prepare a journal...Ch. 2 - Journal entry for asset purchase Prepare a journal...Ch. 2 - Journal entry for fees earned Prepare a journal...Ch. 2 - Journal entry for fees earned Prepare a journal...Ch. 2 - Journal entry for owner's withdrawal Prepare a...Ch. 2 - Journal entry for owner's withdrawal Prepare a...Ch. 2 - Prob. 2.5APECh. 2 - Missing amount from an account On August 1, the...Ch. 2 - Trial balance errors For each of the following...Ch. 2 - Trial balance errors For each of the following...Ch. 2 - Correcting entries The following errors took place...Ch. 2 - Correcting entries The following errors took place...Ch. 2 - Horizontal analysis Two income statements for...Ch. 2 - Horizontal analysis Two income statements for...Ch. 2 - Chart of accounts The following accounts appeared...Ch. 2 - Chart of accounts Oak Interiors is owned and...Ch. 2 - Chart of accounts Outdoor Leadership School is a...Ch. 2 - Rules of debit and credit The following table...Ch. 2 - Normal entries for accounts During the month,...Ch. 2 - Normal balances of accounts Identify each of the...Ch. 2 - Transactions Concrete Consulting Co. has the...Ch. 2 - Journalizing and posting On September 18, 2019,...Ch. 2 - Transactions and T accounts The following selected...Ch. 2 - Prob. 2.10EXCh. 2 - Account balances a.During February, 186,500 was...Ch. 2 - Capital account balance As of January 1, Terrace...Ch. 2 - Identifying transactions National Park Tours Co....Ch. 2 - Journal entries Based upon the T accounts in...Ch. 2 - Trial balance Based upon the data presented in...Ch. 2 - Trial balance The accounts in the ledger of...Ch. 2 - Effect of errors on trial balance Indicate which...Ch. 2 - Errors in trial balance The following preliminary...Ch. 2 - Effect of errors on trial balance The following...Ch. 2 - Errors in trial balance Identify the errors in the...Ch. 2 - Entries to correct errors The following errors...Ch. 2 - Entries to correct errors The following errors...Ch. 2 - Prob. 2.23EXCh. 2 - Prob. 2.24EXCh. 2 - Entries into T accounts and trial balance Connie...Ch. 2 - Journal entries and trial balance On January 1,...Ch. 2 - Journal entries and trial balance On June 1, 2019,...Ch. 2 - Journal entries and trial balance Elite Realty...Ch. 2 - Corrected trial balance The Colby Group has the...Ch. 2 - Entries into T accounts and trial balance Ken...Ch. 2 - Journal entries and trial balance On August 1,...Ch. 2 - Journal entries and trial balance On October 1,...Ch. 2 - Journal entries and trial balance Valley Realty...Ch. 2 - Corrected trial balance Tech Support Services has...Ch. 2 - The transactions completed by PS Music during June...Ch. 2 - Prob. 2.1CPCh. 2 - Prob. 2.5CPCh. 2 - Prob. 2.6CPCh. 2 - Prob. 2.7CP
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- Based upon the T accounts in Exercise 2-13, prepare the nine journal entries from which the postings were made. Journal entry explanations may be omitted.arrow_forwardUse the following T-accounts to prepare the four journal entries required to close the books:arrow_forwardUse the following T-accounts to prepare the four journal entries required to close the books:arrow_forward
- In the following two-column journal, the capital letters represent where parts of a journal entry appear. Write the numbers 1 through 8 on a sheet of paper. After each number, match the capital letter where these items appear with the number of the item. (Not all letters will be used.) 1. Year 2. Month 3. Explanation 4. Title of account debited 5. Ledger account number of account credited 6. Amount of debit 7. Day of the month 8. Title of account creditedarrow_forwardBased on the data presented in Exercise 6-23, journalize the closing entriesarrow_forwardWrite the journal entry of numbers 1 to 4arrow_forward
- An invoice number is: a.added to the Post Ref. column of the ledger account. b.mentioned in the explanation of the related journal entry. c.added to the Post Ref. column of the journal. d.mentioned in the ledger accounts related to the journal entry.arrow_forwardPrepare journal entries of all It is only a single questionarrow_forwardWhat is the purpose of posting J.F numbers that are entered in the journal at the time entries are posted to the accounts.arrow_forward
- Posting of journal entries should be done in Select one: a. alphabetical order. b. account number order. c.dollar amount order. d.chronological order.arrow_forward19.The Post. Ref. column in the general journal is used to show that an account has been posted to the ledger when which of the following is placed in it? a. Journal page number b. Account number c. journal number d. check markarrow_forwardFor each journal entry, select the corresponding transaction statement Journal Entry 1 Journal Entry 2 Journal Entry 3 Journal Entry 4 Journal Entry 5 Journal Entry 6 Journal Entry 7arrow_forward
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