Sample of Double Entry Dr Cr

1. 1) On Dec 1, Mr Helmi invested RM 30,000 in Line Clear Co.
Cash
Investment 30k
Mr Helmi, Capital
Cash 30k
2) Purchased store supplies by paying RM 2,500 in Cash
Stores Supplies
Cash 2,500
Cash
Stores 2,500
Supplies
3) Purchased of coppying equipment by payingt RM 20,000 cash
Copy Equipment
Cash 20,000
Cash
Copy 20,000
Equipment
4) Purchased of RM1,100 of store supplies and RM6,000 of copying equipment on credit from Nazlin and Anuar Supply Co.
Store Supplies
AP 1,100
Copy Equipment
AP 6000
Account payable
7,100
5) Provided copying services to a customer and immediately collected RM 2200 cash
Cash
2,200
Copy Services Revenue
2,200

2. 6) Paid RM1000 cash for rent month of Dec 2008
Rent Expense
1,000
Cash
1,000
7) Paid RM700 cash for the employee's salary for the pay period ended Dec 12
Salaries Expense
700
Cash
700
8) Completed copying work on credit and billed the customer RM1700.00 for the services
Account Receivables cash
1,700 cash 1700 1700
Copy Services Revenue
1,700
9) The customer paid he RM1700 account receivable created in transaction 8.
Account Receivables
1,700
Cash
1,700
10) Paid Nazlin and Anuar Supply Co RM900 cash on the RM7100 owed for the supplies and equipment purchased on credit
Accounts Payable
900
Cash
900
11) Mr Helmi withdrew RM400 from Line Clear Co for personal living expenses

3. Helmi, Withdrwals
400
Cash
400
12) Signed a contract with a customer and accepted RM3000 cash in advance of providing any services
Cash
3000
Unearned Copy Services Revenue
3000
13) Paid RM2,400 cash for the premium on the two year insurance policy
Prepaid Insurance
2400
Cash
2400
14) Paid RM120 cash for additional store supplies
15) Paid RM230 cash for the December utilities bill
16 )Paid RM700 cash for the employee's salary for two weeks ended Dec 26
Store Supplies
120
Utilities Expense
230
Salaries Expense
700
Cash
120
230
700

4. om Nazlin and Anuar Supply Co.

5. nd equipment purchased on credit in transaction 4

6. any services