acc_423_week_4_learning_team_assig...

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acc_423_week_4_learning_team_assig...

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GENERAL JOURNALJ1DateAccount Titles and ExplanationRef.Debit2008ADJUSTING ENTRIESInsurance ExpensePrepaid Insurance7221301,20031Supplies ExpenseSupplies6311262,70031Depreciation Expense - CottagesAccumulated Depreciation - Cottages6201441,50031Depreciation Expense - FurnitureAccumulated Depreciation - Furniture62115060031Unearned RentRent Revenue2084294,10031Salaries ExpenseSalaries Payable72621240031Accounts ReceivableRent Revenue1124291,00031Interest ExpenseInterest Payable7182301,80031-AugCredit1,2002,7001,5006004,1004001,0001,800General LedgerAccount:Date2008Jun. 1CashAccount:Date2008Aug. 31Accounts ReceivableAccount:Date2008Jun. 1Aug. 31SuppliesAccount:Date2008Jun. 1Aug. 31Prepaid InsuranceAccount:Date2008Jun. 1LandAccount:Date2008Jun. 1CottagesItemItemItemRef.DebitTB19,600Ref.DebitJ11,000Ref.DebitAccount No.CreditAccount No.CreditAccount No.Credit3,300J1ItemRef.2,700DebitAccount No.Credit6,000ItemItemJ11,200Ref.DebitAccount No.CreditTB25,000Ref.DebitTB125,000Account No.CreditAccount:Date2008Aug. 31Accumulated Depreciation - CottagesItemAccount:Date2008Jun. 1FurnitureAccount:Date2008Aug. 31Accumulated Depreciation - FurnitureItemAccount:Date2008Jun. 1Accounts PayableAccount:Date2008Jun. 1Aug. 31Unea

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