Date Particulars PR Debit Credit Jan 03 Prepaid Rent 1101 3,520 Cash 1102 3,520 (To record: the payment of advance rent) Jan 04 Advertising Expenses 4101 860 Account payable 2101 860 (To record: the advertising expenses) Jan 15 Cash 1102 23,160 Passenger Fare Revenue 5102 23,160 (To record: the Cash received from customer) Jan 15 O, Wright Drawing 3102 7,500 Cash 1102 7,500 (To record: the drawing by the owner) Jan 16 Salaries Expenses 4105 13,200 Cash 1102 13,200 (To record: the payment of Salaries Expenses) Jan 25 Account Receivable 470 Passenger Fare Revenue 470 (To record: the fare bill of Hurley Co.) Jan 29 Fuel Expenses 4,340 Account payable 4,340 (To record: the receiving of fuel bill) Jan 31 Repair Expenses 3,372 Cash 3,372 (To record: the payment of Repair exp) Jan and Company General Journal For the period ended Jan 31, 1996 Date Particulars PR Debit Credit Jan 01 Cash 1101 50,000 Merchandise 1102 40,000 Jan's Capital 3100 90,000 (To record: the investment by the owner) Jan 02 Purchases 4105 30,000 Carriage inward 4106 400 Account payable (Naim Co) 2101 30,000 Cash 400 (To record: the purchase of merchandise) Jan 04 Shop Furniture 1010 4,000 Cash 1101 4,000 (To record: the purchase of furniture) Jan 05 Drawing 3105 900 Cash 1101 500 Merchandise 1102 400 (To record: the withdraw of cash and merch.) Jan 08 Cash 1101 6,000 Sales 5105 6,000 (To record: the sale of merchandise) Jan 15 Sales Supplies 1110 800 Cash 1101 800 (To record: the purchase of sales supplies) Jan 20 Insurance Expenses 4108 1,000 Cash 1101 1,000 (To record: the payment of Insurance Jan 22 Account Receivable (Munim) 1108 8,000 Sales 5105 8,000 (To record: the sale of merchandise) Jan 23 Sales Return 5106 700 Account Receivable (Munim) 1108 700 (To record: the return of merchandise) Jan 24 Rent Expenses 4109 1,000 Cash 1101 1,000 (To record: the payment of rent) Jan 29 Account payable (Naim) 2101 15,000 Cash 1101 15,000 (To record: the payment to Naim & Co) Jan 30 Cash 1101 4,000 Account Receivable (Munim) 1108 4,000 (To record: the receiving of cash) Jan 31 Sales Expenses 1,000 Cash 1,000