GENERAL LEDGER

Account: Cash Account No: 100

Date Item Particulars PR Debit Credit
2023
Dec. 1 Opening Entry J1 6,600
1 Paid automobile expenses. Cheque 279 J1 100

2 Withdrew money for personal use. Cheque 280 J1 150

3 Paid on account. Cheque 281 J1 1,000
Paid on account. Cheque 281 175
4 Received cash for room rentals J1 900
Paid repairs to Stowe's personal car. Cheque
10 283 J1 125
11 Purchased printer for office. Cheque 284 J1 200
Received cash for room rentals J1 1,500
12 Paid postage stamps. Cheque 285 J1 75
Paid hydro bill. Cheque 286 J1 250
Paid water bill. Cheque 287 155
Paid advertising expense for brochure. Cheque
14 288 J1 275
15 Paid for advertising expense. Cheque 289 J1 45
Paid owner J. Stowe for personal use. Cheque
290. J1 250
Paid salaries for first half of month. Cheque
291. J1 850
17 Paid for interest on bank loan J1 350
19 Received money for room rentals J1 1,850
25 Paid cash on account. Cheque 292. J1 345
26 Received cash for room rentals J1 1,525
Paid salaries in cash for rest of month. Cheque
31 293. J1 1,225
 DR
CR Balance

DR 6,600
CR 6,500

CR 6,350
CR 5,350
5,175
DR 6,075

CR 5,950
CR 5,750
DR 7,250
CR 7,175
CR 6,925
6,770

CR 6,495
CR 6,450

CR 6,200

CR 5,350
CR 5,000
DR 6,850
CR 6,505
DR 8,030

CR 6,805
 GENERAL LEDGER
Account: Supplies Account No: 102
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 2,400
5 Purchased supplies. Invoice 29586 J1 120
11 Purchased printer for office. Cheque 284 J1 200
20 Received bill for new supplies. Invoice 305466 J1 225
 DR
CR Balance
2,400
DR 2,520
2,720
DR 2,945
 GENERAL LEDGER
Account:Land Account No: 150
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 80,000
 DR
CR Balance
DR 80,000
 GENERAL LEDGER
Account: Building Account No: 151

Date Item Particulars PR Debit Credit

Dec. 1 Opening Entry J1 200,000
DR
CR Balance
DR 200,000
 GENERAL LEDGER
Account: Furniture & Equipment Account No: 152
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 10,000
 DR
CR Balance
DR 10,000
 GENERAL LEDGER
Account: Automobile Account No: 153
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 7,200
 DR
CR Balance
DR 7,200
 GENERAL LEDGER
Account: A/P - United Supplies Account No: 200
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 1,000
3 Paid on account. Cheque 281 J1 1,000
5 Purchased supplies. Invoice 29586 J1 120
20 Received bill for new supplies. Invoice 305466 J1 225
25 Paid cash on account. Cheque 292. J1 345
 DR
CR Balance
CR -1,000
DR 0
-120
CR -345
DR 0
 GENERAL LEDGER
Account: A/P - Westend Motors Account No: 201
Date Item Particulars PR Debit Credit
Received bill for automobile expenses. Invoice
23 366. J1 85
 DR
CR Balance

CR 85
 GENERAL LEDGER
Account:Bank Loan Account No: 220
Date Item Particulars PR Debit Credit
Dec.1 Opening Entry J1 20,500
 DR
CR Balance
CR -20,500
 GENERAL LEDGER
Account: Mortgage Payable Account No: 221
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 125,000
 DR
CR Balance
CR 125,000
 GENERAL LEDGER
Account: J. Stowe, Capital Account No: 300
Date Item Particulars PR Debit Credit
Dec. 1 Opening Entry J1 159,700
 DR
CR Balance
CR 159,700
 GENERAL LEDGER
Account: J. Stowe, Drawings Account No: 301
Date Item Particulars PR Debit Credit

Dec. 2 Withdrew money for personal use. Cheque 280 J1 150

Paid repairs to Stowe's personal car. Cheque
10 283 J1 125
Paid owner J. Stowe for personal use. Cheque
15 290. J1 250
 DR
CR Balance

DR 150

DR 275

DR 525
 GENERAL LEDGER
Account: Room Rentals Account No:400
Date Item Particulars PR Debit Credit
Dec. 4 Received cash for room rentals J1 900
11 Received cash for room rentals J2 1,500
19 Received money for room rentals J3 1,850
26 Received cash for room rentals J4 1,525
 DR
CR Balance
CR 900.00
CR 2400.00
CR 4250.00
CR 5775.00
 GENERAL LEDGER
Account: Advertising Expense Account No: 500
Date Item Particulars PR Debit Credit
Paid advertising expense for brochure. Cheque
Dec. 14 288 J1 275
15 Paid for advertising expense. Cheque 289 J2 45
 DR
CR Balance

DR 275
DR 320
 GENERAL LEDGER
Account: General Expense Account No: 501
Date Item Particulars PR Debit Credit
Dec. 12 Paid postage stamps. Cheque 285 J1 75
 DR
CR Balance
DR 75
 GENERAL LEDGER
Account: Salaries Expense Account No: 502
Date Item Particulars PR Debit Credit
Paid salaries for first half of month. Cheque
Dec. 15 291. J1 850
Paid salaries in cash for rest of month. Cheque
31 293. J1 1,225
 DR
CR Balance

DR 850

DR 2075
 GENERAL LEDGER
Account: Telephone Expense Account No: 503
Date Item Particulars PR Debit Credit
Dec. 3 Paid on account. Cheque 281 J1 175
 DR
CR Balance
DR 175
 GENERAL LEDGER
Account: Utilities Expense Account No: 504
Date Item Particulars PR Debit Credit
Dec. 12 Paid hydro bill. Cheque 286 J1 250
Dec. 13 Paid water bill. Cheque 287 J1 155
 DR
CR Balance
DR 250
DR 405
 GENERAL LEDGER
Account: Automobile Expense Account No: 505
Date Item Particulars PR Debit Credit
Dec. 1 Paid automobile expenses. Cheque 279 J1 100
Received bill for automobile expenses. Invoice
23 366. J1 85
 DR
CR Balance
DR 100

DR 185
 GENERAL LEDGER
Account: Interest Expense Account No: 506
Date Item Particulars PR Debit Credit
Dec. 17 Paid for interest on bank loan J1 350
 DR
CR Balance
DR 350