Accounting Journal Entries and Adjusting Entries for Roth Contractors Corporation | Year-End 2019

Running head: ACCOUNTING
Accounting
Name of the Student:
Name of the University:
Author Note:

1ACCOUNTING
SR.NO Date Particulars Debit $ Credit $
a Cash 5000
Share Capital 5000
b Prepaid Rent 1200
Cash 1200
c Truck 10000
Accounts payable 10000
d Supplies Expenses 1000
Accounts pyable 1000
e Prepaid Insurance 1800
Cash 1800
f Accounts Receievable 4500
Repair Revenue 4500
g Cash 800
Repair Revenue 800
h Advertising Expenses 350
Interest Expense 100
Telephone Expense 75
Truck Operating Expense 425
Wage expense 2500
Cash 3450
i Cash 2000
Accounts Receievable 2000
j Accounts Rreceivable 6500
Repair Revenue 6500
l Advertising Eexpense 200
Interest Expense 150
Truck Operating Expense 375
wages Expense 2500
Cash 3225
m Cash 2000
Repair Revenue 2000
n Utilities Expense 100
Accounts Payable 100
Roth Contractors Corporation
Journal Entries for the year ended 31.12.2019

2ACCOUNTING
o Insurance Expenses 150
Prepaid Insurance 150
p Rent Expense 400
Prepaid Rent 400
q Repair Revenue 2000
Unearned Repair Revenue 2000
r Unsued Supplies 350
Supplies Expense 350
r Wages Expense 1500
Wages Payable 1500
t Depreciation Expense- Truck 208
Accumulated Depreciation 208
u Income Taxes Expense 500
Income Tax Payable 500
Adjusting Entries
DR CR
Cash
Particulars $ Particulars $
share Capital 5000 prepaid Rent 1200
Repair Revenue 800 Prepaid Insurance 1800
Accounts Receivable 2000 Expenses 3450
Repair Revenue 2000 Expenses 3225
Total 9800 Total 9675
Balance 125
Accounts Payable
Particulars $ Particulars $
Truck 10000
Supplies Expenses 1000
Utilities Expense 100
Balance 11100
Repair Revenue
Particulars $ Particulars $
Unearned Repair
Revenue 2000
Accounts
Receivable 4500
Cash 800
Accounts
Receivable 6500
Cash 2000

3ACCOUNTING
Total 2000 Total 13800
Balance 11800
Rent Expense
Particulars $ Particulars $
Prepaid Rent 400
Insurance Expense
Particulars $ Particulars $
Prepaid Insurance 150
Interest Expense
Particulars $ Particulars $
cash 100
cash 150
Balance 250
Income Tax Expense
Particulars $ Particulars $
Income Tax Payable 500
Unearned Repair Revenue
Particulars $ Particulars $
Repair Revenue 2000
Income Tax Payable
Particulars $ Particulars $
Income Tax
Expense 500
Wages Payable
Particulars $ Particulars $
Wages Expenses 1500
Wages Expense
Particulars $ Particulars $
cash 2500
cash 2500
Wages Payable 1500
Balance 6500