ACC 290 Week 4 Individual Assignment Week Four Problem

May 4th, 2015
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ACC 290 Week 4 Individual Assignment Week Four Problem

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Week Four ProblemACC/290University of PhoenixDateAccountsDebitCredit July1Cash12,00012,0001Equipment8,0006,0002,0003Supplies 900 9005Prepaid Insur.1,8001,80012Accounts Rec.3,7003,70018Accounts Pay.1,5001,50020Salary Exp.2,0002,00021Cash1,6001,60025Accounts Rec.2,5002,50031Maintenance/Repair Exp. 290 29031Dividends 600 600Cash7/112,0007/211,6007/12,0007/51,8007/181,5007/202,0007/31 2907/31 6007/31 5,410Accounts Rec.7/123,7007/252,5007/311,7007/211,6007/31 6,300Supplies7/3 9007/31 5807/31 320Prepaid Insur.7/51,8007/31 1507/31 1,650Equipment7/18,0007/31 8,000Accumulated Depreciation7/31 1807/31 180Accounts Pay.7/181,5007/16,0007/3 9007/31 5,400Salary Pay.7/31 4007/31 400Common Stock7/112,0007/31 12,000Retained Earnings7/31 6007/313,8007/31 3,200Dividends7/31 6007/31 600Income Summary7/313,6007/314,3007/317,9007/31 0Service Rev.7/317,9007/123,7007/252,5007/311,7007/31

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