JOURNAL ENTRIES

Date Account Titles and Explanations P.R. Debit

a. Cash 250,000.00
Dilig, Capital

b. Furniture and Fixtures 6,700.00

Cash

c. Supplies Expense 3,250.00

Accounts Payable

d. Rent Expense 5,750.00

Cash

e. Equipment ` 115,000.00
Cash
Accounts Payable

f. Cash 19,250.00
Laundry Revenues

g. Prepaid Insurance 5,600.00

Cash

h. Accounts Payable 7,000.00

Cash

i. Utilities Expense 2,080.00

Cash

j. Cash 12,350.00
Laundry Revenues

k. Salaries Expense 7,400.00

Cash

l. Dilig, Withdrawals 5,000.00

Cash

m. Accounts Payable 2,750.00

Cash

n. Miscellaneous Expense 2,800.00

 Cash

444,930.00

Self Service Landry

Trial Balance
May 31, 2015
Dr. Cr.
Cash 201,520.00
Accounts Receivable -
Prepaid Insurance 5,600.00
Equipment 115,000.00
Furniture and Fixtures 6,700.00
Accounts Payable 73,500.00
Dilig, Capital 250,000.00
Dilig, Withdrawals 5,000.00
Laundry Revenues 31,600.00
Salaries Expense 7,400.00
Supplies Expense 3,250.00
Rent Expense 5,750.00
Utilities Expense 2,080.00
Miscellaneous Expense 2,800.00

Total 355,100.00 355,100.00

 Credit Cash
a. 250,000.00 b. 6,700.00 Accoun
f. 19,250.00 d. 5,750.00
250,000.00 j. 12,350.00 e. 35,000.00
g. 5,600.00
h. 7,000.00
6,700.00 i. 2,080.00
k. 7,400.00
l. 5,000.00
3,250.00 m. 2,750.00
n. 2,800.00
281,600.00 80,080.00
5,750.00 May-31 201,520.00
281,600.00 281,600.00

35,000.00
80,000.00

Prepaid Insurance E
19,250.00 g. 5,600.00 e.

5,600.00

7,000.00

2,080.00
5,600.00 -
May-31 5,600.00
12,350.00 5,600.00 5,600.00

7,400.00
Furniture and Fixtures Acco
b. 6,700.00 h.
5,000.00 m.

2,750.00
 2,800.00

444,930.00
6,700.00 -
May-31 6,700.00 May-31
6,700.00 6,700.00

Dilig, Capital Dilig,

a. 250,000.00 l.

- 250,000.00
May-31 250,000.00
250,000.00 250,000.00

Laundry Revenues Salar

f. 19,250.00
j. 12,350.00

- 31,600.00
May-31 31,600.00
31,600.00 31,600.00

Supplies Expense Ren

c. 3,250.00 d.
 3,250.00 -
May-31 3,250.00
3,250.00 3,250.00

Utilities Expense Miscella

i. 2,080.00 i.

2,080.00 -
May-31 2,080.00
2,080.00 2,080.00
Accounts Receivable

- -
May-31 -
- -

Equipment
115,000.00

115,000.00 -
May-31 115,000.00
115,000.00 115,000.00

Accounts Payable
7,000.00 c. 3,250.00
2,750.00 e. 80,000.00
 9,750.00 83,250.00
73,500.00
83,250.00 83,250.00

Dilig, Withdrawals
5,000.00

5,000.00 -
May-31 5,000.00
5,000.00 5,000.00

Salaries Expense
7,400.00

7,400.00 -
May-31 7,400.00
7,400.00 7,400.00

Rent Expense
5,750.00
 5,750.00 -
May-31 5,750.00
5,750.00 5,750.00

Miscellaneous Expense
2,800.00

2,800.00 -
May-31 2,800.00
2,800.00 2,800.00