GENERAL JOURNAL

date ACCOUNT TITLES L.p Debit Credit

SEPT#1 CASH 100,000
Owners capita 100,000
Cash deposited into busninees
SETP#1 Prepaid rent 9,000
Cash 9,000
Paid rent for three montshs advance
SEPT#1 Rental equipment 180,000
Cash 70,000
notes payable 110,000
purchased asset for cash and issued
SEPT# 4Office supplies assets 1630
accounts payable 1630
purchased supplies on accounts
SEPT# 8cash 10,000
unearned rental fee 10,000
received advacne for services
SEPT# 12
salaries expense 3600
cash 3600
paid salaries
SEPT# 15
accounts recievable 800
cash 5300
rental fee earned 6100
SEPT# 17
maintainence expense 390
accounts payable 390
purchases on accounts
SEPT#23cash 210
accounts recievable 210
received cash on 15th sep
SEPT# 25
NO ENTRY
SEPT # 26
salaries expense 3600
cash 3600
paid salaries
SEPT #27
accounts payable 340
cash 340
paid accounts payable of earth movers
SEPT # 28
Owners Dwaings 2000
cash 2000
owners withdrwa cash
SEPT# 29
unexpired Insurance 2700
cash 2700
 purchased insurance policy
SEPT #30
utility Expense 270
accounts payable 270
SEPT# 30
Cash 8450
retal fee earned 8450
 LEDGER ACCOUNTS

CASH
date Details debit credit balance
1 owners capital 100,000 ###
1 prepaid rent 9000 9000
1 rental expense 70000 21000
8 unearned rentel fee 10000 31000
12 salaires expense 3600 27400
15 rent fees earned 5300 32700
27 accounts recivable 210 32910
25 salaries expense 3600 29310
27 accounts payable 340 20650
28 owners drawing 2000 27650
29 unexpired insurance 2700 30350
30 rental fee 8450 32720

OWNERS CAPITAL
date Details debit credit balance
1 cash 100,000 ###

ACCOUNTS RECEIVABLE
date Details debit credit balance
15 rental fee earned 830 800
23 cash 210 590

PREPAID RENT
date Details debit credit balance
1 cash 9000 9000

MAINTENECE EXPENSE
date Details debit credit balance
17 accounts payable 340 340

RENTAL FEE EARNED

date Details debit credit balance
15 cash 6100 6100
30 cash 8450 14550

ACCOUNTS PAYABLE
date Details debit credit balance
 4 office supplies 1630 1630
17 maintenance expense 340 1970
27 cash 340 1630
30 utility expense 270 1900

OWNERS DRAWINGS
date Details debit credit balance
29 cash 2000 2000

UNEXPIERD INSURENCE
date Details debit credit balance
29 cash 2700 2700

SALARAIES EXPENCE
date Details debit credit balance
12 cash 3600 3600
26 cash 3600 7200

UNEARNED RENTAL FEE

date Details debit credit balance
8 cash 10000 10000

OFFICE SUPPLIES ASSESTs

date Details debit credit balance
4 accounts payable 1630 1630

NOTES PAYABLE
date Details debit credit balance
1 rental equipment 110,000 ###

RENTAL EQIPMENT
date Details debit credit balance
1 cash 180000 180000

UTILITY EXPESE
date Details debit credit balance
30 accounts payable 270 270
 HAMEED'S RENTED
TRIAL BALANCE
AS ON 30th SEPtEMBER,2008

cash ###
accounts receivable 590
prepaid rent 9000
office supplies asset 1630
renteal equipment ###
unexpired insurance 2700
owners capital ###
unearned rental fees ###
notes payable ###
rental fee earned 14,550
accounts payable 19,00
owners drawings 2000
salaries expense 7200
maintenance expense 340
utility expense 170

TOTAL ### ###

 ADJUSTED ENTRIES
date accounts titles l.p debit credit
a rent expense $3,000
prepaid rent $3,000
rent expired of september
b intrest expense 825
intrest payable 825
accrued intrest
c depritiation expense-rental equipment 1500
accumulated depretiation 1500
depritiation 180,000/12/12
d office supplies expense 530
office supplies 530
office supplies consumed
e unearned rental fees 4840
rental fee eaerned 4840
servies renderd of advance taken
f accounts recievable 500
renteal fes earned 500
5 days consuption received amount
g salaries expense 900
salaries payable 900
salaries are payable
 HAMEED'S RENTAL
ADJUSTED TRIAL BALANCE
AS ON 30 Th SEPTEMBER,2008

cash ###
accounts receivable 1090
prepaid rent 6000
office supplies asset 1100
rental equipment 18000
unexpired insurance 2700
owners capital 100000
uneraned rental fees 5160
notes payable 110000
rental fee earned 20430
acounts payable 1900
intrest payable 825
accumulated depritiation 1500
salaires payable 900
owners drawings 2000
salaries expense 8100
maintenense expense 340
utility expense 270
rent expense 3000
intrest expense 825
depritiation expense :rental equipment 1500
office supplies expense 530
TOTAL ### ###
 HAMEED'S RENTAL
BALANCE SHEET
AS ON 30 th SEPTEMBER,2008

ASSETS AMOUNT LIABILITIES

cash $32,720 accounts payable
accounts receviable 1090 notes payable
prepaid rent 6000 intrest payable
office supplies 1100 salaries payable
unexpired insurance 2700 unearned rental fees
rental equipment 180000
less depritiation 1500 178,500
OWNERS EQUITY
owners capital 100,000
less drawings 2000
98000
add net income 5865

222,110
R,2008

AMOUNT
$1,900
110000
825
900
5160

103865

222,110