Chart of Accounts Trans Entry DR CR T-Accounts DR CR
Cash 101 1 Cash 101 35000 Cash 101 75000 25000
AR 104 Equipment 108 15000 AR 104 68000 0
Equipment 108 Unger Cap 301 50000 Equipment 108 15000 0
Acc Depr Eq 110 2 Cash 101 40000 Acc Depr Eq 110 0 1000
Building 112 Building 112 100000 Building 112 100000 0
Acc Depr Bldg 114 Mad Cap 303 140000 Acc Depr Bldg 114 0 3000
Note Payable 201 3 AR 104 68000 Note Payable 201 0 0
Accts Payable 202 Svs Rev 401 68000 Accts Payable 202 0 20000
Unger Cap 301 4 Rent Exp 501 2000 Unger Cap 301 2000 61000
Unger Draw 302 Cash 101 2000 Unger Draw 302 0 0
Mad Cap 303 5 Util Exp 503 40000 Mad Cap 303 1000 151000
Mad Draw 304 Cash 101 20000 Mad Draw 304 0 0
Svs Rev 401 Accts Payable 202 20000 Svs Rev 401 68000 68000
Rent Exp 501 6 Depr Exp 509 3000 Rent Exp 501 2000 2000
Util Exp 503 Acc Depr Bldg 114 3000 Util Exp 503 40000 40000
Depr Exp 509 Depr Exp 509 1000 Depr Exp 509 4000 4000
Inc Summary 600 Acc Depr Eq 110 1000 Inc Summary 600 68000 68000
7 Svs Rev 401 68000
Inc Summary 600 68000 Post Closing TB
8 Inc Summary 600 46000 Cash 101 50000
Rent Exp 501 2000 AR 104 68000
Util Exp 503 40000 Equipment 108 15000
Depr Exp 509 4000 Acc Depr Eq 110 1000
9 Inc Summary 600 22000 Building 112 100000
Unger Cap 301 11000 Acc Depr Bldg 114 3000
Mad Cap 303 11000 Note Payable 201
10 Unger Cap 301 2000 Accts Payable 202 20000
Mad Cap 303 1000 Unger Cap 301 59000
Cash 101 3000 Unger Draw 302
Mad Cap 303 150000
Mad Draw 304
Svs Rev 401
Rent Exp 501
Util Exp 503
Depr Exp 509
Inc Summary 600    
233000 233000