Mark Johnson opened a delivery service.His chart of accounts is shown below.

\begin{array}{ll}\text { Assets }\\ 101 & \text { Cash } \\142 & \text { Office Supplies } \\185 & \text { Delivery Equipment }\end{array}

\begin{array}{ll}\text { Liabilities } &\\ 202 & \text { Accounts Payable } \\\\ 311 & \text { Mark Johnson, Capital } \\\\\text { Revenue }\\401 & \text { Delivery Fees }\end{array}

\begin{array}{l}\text { Expenses }\\ 511 & \text { Wages Expense } \\521 & \text { Rent Expense } \\533 & \text { Utilities Expense }\end{array}

\begin{array}{llr}\text { Jan } & 2\quad\text { Paid shop rental for the month, \( \$ 400 \). } &\\&3\quad\text { Purchased a delivery car from Wally's Wrecks on account, \( \$ 1,000 \). }\\&5\quad\text { Purchased office supplies for cash, \( \$ 250 \) }\\ &6\quad\text {Paid the tel ephone bill (utilities), \( \$ 51 \). }\\&7\quad\text { Paid part-time employee, \( \$ 265 \). }\\&8\quad\text { Received cash for delivery services, \( \$ 1,428 \). }\\&11\quad\text { Paid electricity bill (utilities), \( \$ 37 \).}\\&13\quad\text { Made payment on account for delivery car previously purchased, \( \$ 250 \).}\\&14\quad\text {Paid part-time employee, \( \$ 280 \). }\\ \end{array}

Required:
1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided.
2.Prove the combination journal.
3.Post to the general ledger.

$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" > Proving the Combination Journal

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$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

. }\\ \end{array} Required: 1.Journalize the above transactions that occurred in January,20--.Use the modified cash basis and the combination journal provided. 2.Prove the combination journal. 3.Post to the general ledger. Proving the Combination Journal ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ " class="answers-bank-image d-block" rel="preload" >
$Mark Johnson opened a delivery service.His chart of accounts is shown below. \begin{array}{ll} \text { Assets }\\ 101 & \text { Cash } \\ 142 & \text { Office Supplies } \\ 185 & \text { Delivery Equipment } \end{array} \begin{array}{ll} \text { Liabilities } &\\ 202 & \text { Accounts Payable } \\ \\ 311 & \text { Mark Johnson, Capital } \\ \\ \text { Revenue }\\ 401 & \text { Delivery Fees } \end{array} \begin{array}{l} \text { Expenses }\\ 511 & \text { Wages Expense } \\ 521 & \text { Rent Expense } \\ 533 & \text { Utilities Expense } \end{array} \begin{array}{llr} \text { Jan } & 2\quad\text { Paid shop rental for the month, \$ 400 . } &\\ &3\quad\text { Purchased a delivery car from Wally's Wrecks on account, <span class=$

\$ 1,000

. }\\ &5\quad\text { Purchased office supplies for cash,

\$ 250

}\\ &6\quad\text {Paid the tel ephone bill (utilities),

\$ 51

. }\\ &7\quad\text { Paid part-time employee,

\$ 265

. }\\ &8\quad\text { Received cash for delivery services,

\$ 1,428

. }\\ &11\quad\text { Paid electricity bill (utilities),

\$ 37

.}\\ &13\quad\text { Made payment on account for delivery car previously purchased,

\$ 250

.}\\ &14\quad\text {Paid part-time employee,

\$ 280

Match the Terms with the Definitions

Multiple Choice

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