Ba 221 Financial Accounting

1 Sept: Mr. Smith invested 20.000 TL in the company A.
5 Sept: Co.A purchased the washing equipment for 15.000 TL from company Z,
and agreed to pay it within 10 days.
7 Sept: Co.A purchased car detergents for 1.000 TL
10 Sept: Co.A paid the washing equipment to company Z.
12 Sept: Co.A recruited two employees.
15 Sept: Co.A rented a place for its activity and paid 4.500 TL for three-months rent.
17 Sept: Co.A opened its activity and washed a car for 20 TL.

Journal
Date       Accounts         Debit       Credit
01.09     Cash                 20.000      
                     Capital                        20.000
05.09    Equipment       15.000
                     Acc.Pay.                    15.000
07.09    Supplies            1000
                     Cash                             1000
10.09    Acc.Pay.            15.000
                     Cash                             15.000
12.09            nothing_______________
15.09     Prepaid Rent    4.500
                      Cash                             4.500
17.09     Cash                  20
                    Service R.                      20__

January 2, 2019   Mr. Smith invested $250,000 cash, $ 500,000 worth of building and $100.000 worth of furniture for the establishment of the business.
January 5, 2019    Purchased Office equipment for $ 100,000 paying $ 80,000 in cash and signing a 3-month note for the balance.
January 19, 2019  Purchased supplies $ 5,000 on account.
January 20, 2019  Provided service to Company B for $ 60,000; collecting $ 30,000 in cash and remaining being received after 1 month.
January 25, 2019  Paid in cash rent of $ 36,000 in advance, for the next 12 months.
January 26, 2019  Received $24,000 for a service to be completed over next 6 month for Company D.
January 27, 2019  Provided service to Company C for $ 30,000 on account.
January 28, 2019  Collected $ 15,000 from Company B.
January 28, 2019  Paid for the supplies purchased on January 19, 2019.

Journal
Date        Accounts      Debit       Credit
02 Jan    Cash              250.000
              Building       500.000
              Furniture      100.000
                       Capital                  850.000
05 Jan    Equipment    100.000
                      Cash                      80.000
                       Note P.                  20.000
19 Jan    Supplies        5000
                      Acc. P.                  5000__
20 Jan    Cash              30.000
             Acc. Rec.      30.000
                      Service R.             60.000_
25 Jan   Prepaid Rent  36.000
                       Cash                     36.000_
26 Jan   Cash               24.000
                  Unearn. Ser.Rev.      24.000_
27 Jan   Acc.Rec         30.000
                    Service Rev.            30.000_






















TRIAL BALANCE – TARİH
Accounts     Debit     Credit
Cash                X
Building          X
Equipment      X
Supplies          X
HER RECEIVABLE SOLA DEBİTE
Acc.Rec.         X
HER PREPAİD SOLA
Prepaid Rent   X___________
Her PAYABLE  SAĞA CREDİTE
Note Payable                 Z
Bank Loan                     Z
Acc. Payable                  Z
Unearn.Ser.Rev.            Z____
Capital                           Z
Service Revenue           Z
Her EXPENSE   SOLA

TOTAL          X    = =   Z_____

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