Wedding Planner Case.pdf

Sheet1
    1-Jun    Cash    45000
        Accounts Receivable - Kline/Daniels    6500
        Office Supplies    1500
        Office Equipment    9500
        Common Stock        62500
        Exchanged Cash, A/R, Office Supplies, and Office Equipment for Common Stock
    1-Jun    Prepaid Rent    10800
        Cash        10800
        Prepaid rent for 6 months, check #200
    1-Jun    Prepaid Property and Casualty Insurance    600
        Prepaid General Liability Insurance    1800
        Cash        2400
        Prepaid insurance, check #201
    1-Jun    Vehicles    28000
        Cash        7000
        Note Payable        21000
        Purchased new Ford van, check #202 and note payable
    1-Jun    Prepaid Auto Insurance    600
        Cash        600
        Prepaid auto insurance for 6 months, check #203
    2-Jun    Cash    3000
        Unearned Consultation Fees - Nickels/King        1500
        Unearned Consultation Fees - Braverman/Liu        1500
        Obtained 2 signed contracts and planning fees
    2-Jun    Furniture and Fixtures    17250
        Accounts Payable        17250
        Purchased furniture and window treatments on account
    3-Jun    Advertising Expense    1500
        Cash        1500
        Purchased full-page ad
    3-Jun    Prepaid Advertising    4250
        Cash        4250
        Purchased 50 spots of radio advertising
    3-Jun    Promotional Supplies    1140
        Accounts Payable        1140
        Purchased business cards and letterhead with a 5% trade discount, 2/10, n/30
    4-Jun    Cash    4800
        Unearned Consulting Fee - Clarke/O'Neil        4800
        Obtained signed contract and planning fee
    5-Jun    Promotional Supplies    4925
        Accounts Payable        4925
        Purchased 100 bottles of mid-grade champagne, 1/10/, n/30
    8-Jun    Promotional Expense    625
        Cash        625
        Paid postage for mass promotional mailing, check #204
    10-Jun    Accounts Payable    4925
        Promotional Supplies        45
        Cash        4880
        Paid for champagne within discount period
    10-Jun    Accounts Payable    1140
        Promotional...