Answer:
National Park Tours Co.
Journal Entries
Sr. No Account Debit Credit
1) Cash 75,000 Dr
Beth Worley Capital 75,000 Cr
Invested in capital.
2) Supplies Expense 900Dr
Cash 900 Cr
Bought Supplies
3) Equipment 8000 Dr
Cash 1600 Cr
Accounts Payable 6400 Cr
Bought Equipment.
4) Operating Expenses 6280Dr
Cash 6280 Cr
Spent on Operating Expenses
5) Accounts Receivable 12300Dr
Fees Earned 12300 Cr
Provided Services on Account.
6) Accounts Payable 2700Dr
Cash 2700 Cr
Paid cash for a liability raised previously.
7) Cash 8,150Dr
Accounts Receivable 8,150 Cr
Received Services fees.
8) Supplies Expenses 660Dr
Supplies 660 Cr
Supplies expenses charged.
9) Beth Worley, Drawing 2500Dr
Cash 2500 Cr
Withdrew for personal use.
