Name Rami Surname : Mechergui Group : G8

Serial Problem: Part1

Assets = Liabilities + Equity
Date Cash + Acts Receivable + supplies + equipement = Acts payable+ Com stock - Dividends + Revenues - expenses
01-oct $45,000 + + + $20,000 = + $73,000 - + -
+ + + $8,000 = + - + -
bal $45,000 + + + $28,000 = + $73,000 - + -
03-oct + + $1,420 + = $1,420 + - + -
bal $45,000 + + $1,420 + $28,000 = $1,420 + $73,000 - + -
06-oct + $4,800 + + = + - + $4,800 -
bal $45,000 + $4,800 + $1,420 + $28,000 = $1,420 + $73,000 - + $4,800 -
08-oct (-)$1,420 + + + = - $1,420 + - + -
bal $ 43,580 + $4,800 + $1,420 + $28,000 = $0 + $73,000 - + $4,800 -
12-oct + $1,400 + + = + - + $1,400 -
bal $ 43,580 + $6,200 + $1,420 + $28,000 = $0 + $73,000 - + $6,200 -
15-oct (+)$ 4,800 + (-) $ 4,800 + + = + - + -
bal $ 48,380 + $ 1,400 + $1,420 + $28,000 = $0 + $73,000 - + $6,200 -
17-oct (-) $ 805 + + + = + - + - $ 805
bal $ 47,575 + $ 1,400 + $1,420 + $28,000 = $0 + $73,000 - + $6,200 - $ 805
20-oct (-)$1,728 + + + = + - + - $1,728
bal $45,847 + $ 1,400 + $1,420 + $28,000 = $0 + $73,000 - + $6,200 - $2,533
22-oct $1,400 + (-)$ 1,400 + + = + - + -
bal $ 47,247 + $0 + $1,420 + $28,000 = $0 + $73,000 - + $6,200 - $2,533
28-oct + $5,208 + + = + - + $5,208 -
bal $ 47,247 + $5,208 + $1,420 + $28,000 = $0 + $73,000 - + $ 11,408 - $2,533
31-oct (-)$875 + + = + - + - $875
bal $46,372 + $5,208 + $1,420 + $28,000 = $0 + $73,000 - + $ 11,408 - $3,408
$3,600 + + + = + - $3,600 + -
bal $42,772 + $5,208 + $1,420 + $28,000 = $0 + $73,000 - $3,600 + $ 11,408 - $3,408
 Serial Problem: Part2
General Journal
Date Accounts titles and explanations Ref Debit Credit
01-oct Cash 101 45000
01-oct Office Equipement 163 8000
01-oct Computer Equipement 167 20000
01-oct Common stock 307 73000
02-oct prepaid Rent 131 3300
02-oct cash 101 3300
03-oct Computer supplies 126 1420
03-oct Accounts payable 201 1420
05-oct Prepaid insurance 128 2220
05-oct cash 101 2220
06-oct accounts Receivable 106 4800
06-oct computer service revenue 403 4800
08-oct Accounts payable 201 1420
08-oct cash 101 1420
10-oct No entry necessary in the journal
12-oct Accounts receivable 106 1400
12-oct computer service revenue 403 1400
15-oct cash 101 4800
15-oct accounts receivable 106 4800
17-oct repairs Expense-computer 684 805
17-oct cash 101 805
20-oct advertising expense 655 1728
20-oct cash 101 1728
22-oct cash 101 1400
22-oct accounts receivable 106 1400
28-oct accounts receivable 106 5208
28-oct computer service revenue 403 5208
31-oct Wage expense 623 875
31-oct cash 101 875
31-oct dividends 319 3600
31-oct cash 101 3600
01-nov Mileage Expense 676 320
01-nov cash 101 320
02-nov Cash 101 4633
02-nov computer Service Revenue 403 4633
05-nov computer supplies 126 1125
05-nov cash 101 1125
08-nov Accounts Receivable 106 5668
08-nov computer service Revenue 403 5668
13-nov No entry necessary in the journal
18-nov cash 101 2208
18-nov Accounts receivable 106 2208
22-nov Mischellaneous expenses 677 250
22-nov cash 101 250
24-nov Accounts receivable 106 3950
24-nov Computer service revenue 403 3950
 25-nov No entry necessary in the journal
28-nov Mileage Expense 676 384
28-nov cash 101 384
30-nov wage expense 623 1750
30-nov cash 101 1750
30-nov dividends 319 2000
30-nov cash 101 2000

Cash
Date Exp Ref debit credit balance
01-oct 101 45000 45000
03-oct 101 3300 41700
05-oct 101 2220 39480
09-oct 101 1420 38060
15-oct 101 4800 42860
18-oct 101 805 42055
20-oct 101 1728 40327
22-oct 101 1400 41727
31-oct 101 875 40852
01-nov 101 3600 37252
01-nov 101 320 36932
02-nov 101 4633 41565
05-nov 101 1125 40440
18-nov 101 2208 42648
22-nov 101 250 42398
28-nov 101 384 42014
30-nov 101 1750 40264
30-nov 101 2000 38264

Accounts Receivable
Date Exp Ref debit credit balance
06-oct 106 4800 4800
12-oct 106 1400 6200
15-oct 106 4800 1400
22-oct 106 1400 0
28-oct 106 5208 5208
08-nov 106 5668 10876
18-nov 106 2208 8668
24-nov 106 3950 12618

Computer supplies
Date Exp Ref debit credit balance
03-oct 126 1420 1420
05-nov 126 1125 2545

Prepaid insurance
Date Accounts titles and explanations Ref Debit Credit balance
 05-oct 128 2220 2220

Prepaid rent
Date Accounts titles and explanations Ref Debit Credit balance
02-oct 131 3300 3300

Common stock
Date Accounts titles and explanations Ref Debit Credit balance
01-oct Common stock 307 73000 73000

dividends
Date Accounts titles and explanations Ref Debit Credit balance
31-oct 319 3600 3600
30-nov 319 2000 5600

Computer service revenue

Date Accounts titles and explanations Ref Debit Credit balance
06-oct 403 4800 4800
12-oct 403 1400 6200
28-oct 403 5208 11408
02-nov 403 4633 16041
08-nov 403 5668 21709
24-nov 403 3950 25659

Mileage Expense
Date Accounts titles and explanations Ref Debit Credit balance
01-nov 676 320 320
28-nov 676 384 704

repairs Expense-computer
Date Accounts titles and explanations Ref Debit Credit balance
17-oct 684 805 805

Accounts payable
Date Accounts titles and explanations Ref Debit Credit balance
03-oct Accounts payable 201 1420 1420
08-oct 201 1420 0

Wage expense
Date Accounts titles and explanations Ref Debit Credit balnce
31-oct 623 875 875
30-nov 623 1750 2625
Advertising expense
Date Accounts titles and explanations Ref Debit Credit balance
20-oct 655 1728 1728
Mischellaneous expenses
Date Accounts titles and explanations Ref Debit Credit balance
22-nov 677 250 250

office equipement
Date Accounts titles and explanations Ref Debit Credit balance
01-oct 163 8000 8000

Computer equipement
Date Accounts titles and explanations Ref Debit Credit balance
01-oct 167 20000 20000

Trial balance
Debit Credit
Cash 38264
Accounts Receivable 12618
Computer supplies 2545
Prepaid insurance 2220
Prepaid rent 3300
Common stock 73000
dividends 5600
office equipement 8000
Computer service revenue 25659
Mileage Expense 704
repairs Expense-computer 805
Mischellaneous expenses 250
Advertising expense 1728
Wage expense 2625
Accounts payable 0
Computer equipement 20000
Balance 98659 98659