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All Journals and General Ledger; Trial Balance

The transactions completed by Revere Courier Company during December,

the first month of the fiscal year, were as follows:

Dec. 1. Issued Check No. 610 for December rent, $4,200.

Dec. 2. Issued Invoice No. 940 to Clifford Co., $1,740

Dec. 3. Received check for $4,800 from Ryan Co. in payment of account.

Dec. 5. Purchased a vehicle on account from Platinum Motors, $37,300.

Dec. 6. Purchased office equipment on account from Austin Computer

Co., $4,500.

Dec. 6. Issued Invoice No. 941 to Ernesto Co., $3,870.

Dec. 9. Issued Check No. 611 for fuel expense, $600.

Dec. 10. Received check from Sing Co. in payment of $4,040 invoice.

Dec. 10. Issued Check No. 612 for $330 to Office To Go Inc. in

payment of invoice.

Dec. 10. Issued Invoice No. 942 to Joy Co., $1,970.

Dec. 11. Issued Check No. 613 for $3,090 to Essential Supply Co. in

payment of account.

Dec. 11. Issued Check No. 614 for $500 to Porter Co. in payment of account.

Dec. 12. Received check from Clifford Co. in payment of $1,740

invoice of December 2.

Dec. 13. Issued Check No. 615 to Platinum Motors in payment of

$37,300 balance of December 5.

Dec. 16. Issued Check No. 616 for $39,800 for cash purchase of a vehicle.

Dec. 16. Cash fees earned for December 116, $20,300.

Dec. 17. Issued Check No. 617 for miscellaneous administrative expense, $500.

Dec. 18. Purchased maintenance supplies on account from Essential

Supply Co., $1,750.

Dec. 19. Purchased the following on account from McClain Co.:

maintenance supplies, $1,500; office supplies, $375.

Dec. 20. Issued Check No. 618 in payment of advertising expense, $1,780.

Dec. 20. Used $3,200 maintenance supplies to repair delivery vehicles.

Dec. 23. Purchased office supplies on account from Office To Go Inc., $400.

Dec. 24. Issued Invoice No. 943 to Sing Co., $6,100.

Dec. 24. Issued Check No. 619 to S. Holmes as a personal withdrawal, $3,000.

Dec. 25. Issued Invoice No. 944 to Ernesto Co., $5,530.

Dec. 25. Received check for $4,100 from Ryan Co. in payment of balance.

Dec. 26. Issued Check No. 620 to Austin Computer Co. in payment of

$4,500 invoice of December 6.

Dec. 30. Issued Check No. 621 for monthly salaries as follows:

driver salaries, $16,900; office salaries, $7,100.

Dec. 31. Cash fees earned for December 1731, $18,900.

Dec. 31. Issued Check No. 622 in payment for office supplies, $340.

Required:

1. The following accounts are setup in the general ledger as of

December 1. Using the information below, enter the balances for each

account.

11 Cash $161,680 32 S. Holmes, Drawing -

12 Accounts Receivable 12,940 41 Fees Earned -

14 Maintenance Supplies 10,850 51 Driver Salaries Expense -

15 Office Supplies 4,900 52 Maintenance Supplies Exp. -

16 Office Equipment 28,500 53 Fuel Expense -

17 Accum. Depr.Office Equip. 6,900 61 Office Salaries Expense -

18 Vehicles 95,900 62 Rent Expense -

19 Accum. Depr.Vehicles 14,700 63 Advertising Expense -

21 Accounts Payable 3,920 64 Miscellaneous Administrative Expense -

31 S. Holmes, Capital 289,250

2. Journalize the transactions for December, using the required

journal(s). Assume that the daily postings to the individual accounts

in the accounts payable subsidiary ledger and the accounts receivable

subsidiary ledger have been made.

2a. Journalize the transactions for December, using the purchases

journal (with columns for Accounts Payable, Maintenance Supplies,

Office Supplies, and Other Accounts). Assume that the daily postings

to the individual accounts in the accounts payable subsidiary ledger

and the accounts receivable subsidiary ledger have been made.

If no entry is required, type "No entry required" and leave the amount

boxes blank.

If an amount box does not require an entry, leave it blank.

3. Post the appropriate individual entries to the general ledger.

4. Total each of the columns of the special journals, and post the

appropriate totals to the general ledger; insert the account balances.

If an amount box does not require an entry, leave it blank.

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