House of Decor Solution May

May 21st, 2016
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House of Decor Solution May

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JournalDateMay 2DescriptionAdvertising ExpenseCash -- Checking Account4Furniture and FixturesNotes Payable -- Short Term6Rent ExpenseCash -- Checking AccountCash -- Checking AccountDecorating FeesPRDebit21,50017,0403,00013,6007Accounts Payable, A & D Inc.Cash -- Checking Account1,8008SuppliesAccounts Payable, A & D Inc.3,200Merchandise InventoryAccounts Payable, Golden Antiques55,0009Accounts Receivable, Marie's Boat ShopDecorating Fees28,00010Cash -- Checking AccountSales -- Furniture18,000Cost of Merchandise SoldMerchandise Inventory11,25011Cash -- Checking AccountAccounts Receivable, Adelle's Gift Shop10,80020Accounts Receivable, Romi Architect, P.A.Sales -- Furniture21,000Cost of Merchandise SoldMerchandise Inventory13,125Accounts Receivable, Haute Couture DressesDecorating Fees15,0002530Utilities ExpenseCash -- Checking Account240Telephone ExpenseCash -- Checking Account320Postage ExpenseCash -- Checking Account350Automobile ExpenseCash -- Checking Account600Salaries Expense -- AdministrativeFICA Tax PayableWH Income Tax PayableCash -- Checking Account7,500Payroll Taxes ExpenseFICA Tax PayableSUTA Tax PayableFUTA Tax Payable848Supplies ExpenseAutomobile ExpenseCash -- Checking Account85150Adjusting Entries31Insurance ExpensePrepaid Insurance500Supplies ExpenseSupplies925Uncollectible Accounts ExpenseAllowance for Doubtf

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