Question

Below is the trial balance of Sunland Corporation on September 30.

SUNLAND CORPORATION Trial Balance September 30, 2018
		Debit		Credit
Cash		$8,500
Accounts Receivable		2,900
Supplies		2,100
Equipment		8,700
Accounts Payable				$4,400
Unearned Revenue				800
Common Shares				17,000
		$22,200		$22,200

The October transactions were as follows:

Oct.	2		Paid rent for the month of October of $1,300 in cash.
	5		Received $1,200 in cash from customers for accounts receivable due.
	10		Billed customers for services performed in the amount of $4,600.
	15		Paid employee salaries of $1,600.
	17		Performed $570 of services for customers who paid in advance in August.
	20		Paid $1,400 to creditors for accounts payable due.
	29		Declared and paid a $310 cash dividend.
	31		Paid utilities of $490.
	31		Paid $760 for income tax.

(a)

Journalize the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
	(To record payment of utilities)
Oct. 2Oct. 5Oct. 10Oct. 15Oct. 17Oct. 20Oct. 29Oct. 31
	(To record payment of income tax)

Answer 1

Journal

Oct. 2	Rent expense	1,300
	Cash		1,300
	(To record payment of Rent expense)
Oct. 5	Cash	1,200
	Accounts receivable		1,200
	(To record cash received from customers)
Oct. 10	Accounts receivable	4,600
	Service revenue		4,600
	(To record services provided on account)
Oct. 15	Salaries expense	1,600
	Cash		1,600
	(To record payment of salaries expense)
Oct. 17	Unearned Service revenue	570
	Service revenue		570
	(To record service revenue earned)
Oct. 20	Accounts payable	1,400
	Cash		1,400
	(To record payment to creditors)
Oct. 29	Cash dividend	310
	Cash		310
	(To record payment of Cash dividend)
Oct. 31	Utilities expense	490
	Cash		490
	(To record payment of utilities)
Oct. 31	Income tax expense	760
	Cash		760
	(To record payment of income tax)