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Post the Following to the Ledger of Wiley Services Cash
Account 111

Question 27

Essay

Post the following to the ledger of Wiley Services.The partial chart of accounts is:
111 Cash
121 Accounts Receivable
211 Accounts Payable
411 Service Fees Earned
GENERAL JOURNAL
Page 1
 Date  Acct. Titles and Description  PR  Debit  Credit  May 1 Accounts Receivable 10,000 Service Fees Earned 10,000 Billed customer  May 5 Accounts Payable 3,000 Cash 3,000 Paid amount due \begin{array}{|l|l|l|c|c|c|}\hline \text { Date } & & \text { Acct. Titles and Description } & \text { PR } & \text { Debit } & \text { Credit } \\\hline \text { May } & 1 & \text { Accounts Receivable } & & 10,000 & \\\hline & & \text { Service Fees Earned } & & & 10,000 \\\hline & & \text { Billed customer } & & & \\\hline\\\hline \text { May } & 5 & \text { Accounts Payable } & & 3,000 & \\\hline & & \text { Cash } & & & 3,000 \\\hline & & \text { Paid amount due } & & & \\\hline\end{array}
Cash
Account 111
 Date  Explanation  PR  Debit  Credit  Debit  Credit  balance  Balance \begin{array}{|l|l|c|c|c|c|c|}\hline\text { Date } & \text { Explanation } & \text { PR } & \text { Debit } & \text { Credit } & \text { Debit } & \text { Credit } \\&&&&&\text { balance } & \text { Balance }\\\hline\\\hline\\\hline\end{array}
Accounts Receivable
Account 121
 Date  Explanation  PR  Debit  Credit  Debit  Credit  balance  Balance \begin{array}{|l|l|c|c|c|c|c|}\hline\text { Date } & \text { Explanation } & \text { PR } & \text { Debit } & \text { Credit } & \text { Debit } & \text { Credit } \\&&&&&\text { balance } & \text { Balance }\\\hline\\\hline\\\hline\end{array}
Accounts Payable
Account 211
 Date  Explanation  PR  Debit  Credit  Debit  Credit  balance  Balance \begin{array}{|l|l|c|c|c|c|c|}\hline\text { Date } & \text { Explanation } & \text { PR } & \text { Debit } & \text { Credit } & \text { Debit } & \text { Credit } \\&&&&&\text { balance } & \text { Balance }\\\hline\\\hline\\\hline\end{array}
Service Fees
Account 411
 Date  Explanation  PR  Debit  Credit  Debit  Credit  balance  Balance \begin{array}{|l|l|c|c|c|c|c|}\hline\text { Date } & \text { Explanation } & \text { PR } & \text { Debit } & \text { Credit } & \text { Debit } & \text { Credit } \\&&&&&\text { balance } & \text { Balance }\\\hline\\\hline\\\hline\end{array}

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