Question

Pizza Delivery Worksheet

This is a simple journal entry project. I want to make sure that you understand the basics of journal entries. Look at the calendar and make a journal entry for each transaction. At the bottom of the calendar page I listed the accounts that you will use. Use only these to complete the journal page. This is basic chapter 2 debits and credits journal entries. Let's look at the first entry. You open your business with $500. What did the business gain? $500 cash. That is your debit entry. What what is the credit entry to make the equation balance? Capital, so credit Capital for $500.

Cash                       500

        Capital                      500

September 2017

Friday 11 - Opened business bank account with personal cash, $500

Sunday 13 - Borrowed $1,000 cash from parents and sign a Note Payable

Monday 14 - Purchased equipment with cash costing $440 to keep pizza warm during delivery

Thursday 17 - Purchased gasoline, $60 cash

Friday 18 - Delivered pizzas receiving $60 from Pizza Aroma plus tips of $15

Saturday 19 - Delivered pizzas receiving $60 from Pizza Aroma plus tips of $20

Tuesday 22 - Delivered pizzas to an office party. Will receive $40 on the first of next month

Friday 25 - Delivered pizzas receiving $100 cash and $25 in tips

Saturday 26 - Delivered pizzas receiving $90 cash and $20in tips

Monday 28 - Received $50 now to deliver pizzas on Oct. 2

Tuesday 29 - Repaid parents $250 for the note.

Wednesday 30 - Withdrew $150 cash for personal expenses

Chart of Accounts

Cash, Equipment, Accounts Receivable, Notes Payable, Unearned Revenue, Capital, Gas Expense

Delivery Revenue, Tip Revenue, Owner Withdrawal

Date	Account Titles and Explanation	P.R.	Debit	Credit

Answer 1

Date	Accounts title	Dr	Cr
Friday 11	Cash	500
	To Capital		500
Sunday 13	cash	1000
	To Notes Payable		1000
Monday 14	Equipment	440
	To cash		440
Thursday 17	Gas Expense	60
	To cash		60
Friday 18	Cash	75
	To Delivery Revenue		60
	To Tip Revenue		15
Saturday 19	cash	80
	To Delivery Revenue		60
	To Tip Revenue		20
Tuesday 22	Accounts Receivable	40
	To Delivery Revenue		40
Friday 25	Cash	125
	To Delivery Revenue		100
	To Tip Revenue		25
Saturday 26	cash	110
	To Delivery Revenue		90
	To Tip Revenue		20
Monday 28	Cash	50
	To Unearned Revenue		50
Tuesday 29	Notes payable	250
	To cash		250
Wednesday 30	Owner Withdrawal	150
	To cash		150