Wyoming Tours Co is a travel agency The nine transactions re

Wyoming Tours Co. is a travel agency. The nine transactions recorded by Wyoming Tours during June 2016, its first month of operations, are indicated in the following T accounts:

Based upon the T accounts provided, prepare the nine journal entries from which the postings were made.

Chart of Accounts

Journal

Based upon the T accounts provided, prepare the nine journal entries from which the postings were made.

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JOURNAL

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Cash
6/1	45,000	6/2	2,500
6/11	7,700	6/3	4,800
		6/5	4,600
		6/9	5,300
		6/25	3,400

Solution

01-Jun Cash $ 45,000 Lorene Jones, Capital $ 45,000 02-Jun Supplies $    2,500 Cash $    2,500 03-Jun Equipment $ 13,900 Cash $    4,800 Accounts payable $    9,100 05-Jun Operating expenses $    4,600 Cash $    4,600 08-Jun Accounts receivable $ 12,400 Service revenue $ 12,400 09-Jun Accounts payable $    5,300 Cash $    5,300 11-Jun Cash $    7,700 Accounts receivable $    7,700 15-Jun Operating expense $    1,400 Supplies $    1,400 25-Jun Lorene Jones, Withdrawals $    3,400 Cash $    3,400