Name:....................................................................

Class:.....................................................................

General Journal
Date Account Titles PR Debit Credit

17-Jun Notes Receivable, MWG Company 5,000

Sales 5,000

Cost of goods sold 2,500

Merchandise Inventory 2,500

28-Jun Allowance for Doubtful Accounts 700

Accounts Receivable, MWG Company 700

15-Aug Cash 5,000

Notes Receivable, LT Co. 20,000

Sales 25000

Cost of goods sold 12,000

Merchandise Inventory 12,000

20-Sep Accounts Receivable, MWG Company 700

Allowance for Doubtful Accounts 700

Cash 700

Accounts Receivable, MWG Company 700

12-Dec Cash 873

Credit Card Expense 27

Sales 900

Cost of goods sold 600

Merchandise Inventory 600

28-Dec Cash 20,667

Interest Revenue 667

Notes Receivable, LT Co. 20,000

Total 68,767 68,767

Asset Purchase price allocati Depreciation Cost

Land $180,000

Building $450,000 $495,000

Machinery $270,000 $298,000

Annual Depreciation expense

$49,500

$119,200
Name:....................................................................

Class:.....................................................................

General Ledger
Cash Account No. ......... Account No. ......... Account No. .........
Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance

Account No. ......... Account No. .........

Date Debit Credit Balance Date Debit Credit Balance
 Account No. ......... Account No. ......... Account No. .........
Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance

Account No. ......... Account No. ......... Account No. .........

Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance

Account No. ......... Account No. ......... Account No. .........

Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance
 Account No. ......... Account No. ......... Account No. .........
Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance

Account No. ......... Account No. ......... Account No. .........

Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance

Account No. ......... Account No. ......... Account No. .........

Date Debit Credit Balance Date Debit Credit Balance Date Debit Credit Balance
 Name:....................................................................

Class:.....................................................................

.........................................................................................

Unadjusted Adjusted
Trial Balance Adjustments Trial Balance
Dr. Cr. Dr. Cr. Dr. Cr.
Acct No.
Account Title
Totals
Name:....................................................................
Class:.....................................................................
ADJUSTMENT CLOSING ENT

No Date Adjustments Dr Cr Date

 CLOSING ENTRIES

Account Titles Dr Cr