Entry #

Date

Account

Amount

Account Category

1

1/2/2017

Common Stock

+$10,000

Equity

1

1/2/2017

Cash

−$10,000

Assets

2

1/3/2017

Notes Payable

+$5000

Liabilities

2

1/3/2017

Cash

−$5000

Assets

3

1/4/2017

Cash

+$1000

Assets

3

1/4/2017

Equipment

−$1000

Assets

4

1/5/2017

Cash

+$2000

Assets

4

1/5/2017

Inventory

−$2000

Assets

5

1/5/2017

Accounts Payable

+$1000

Liabilities

5

1/5/2017

Inventory

−$1000

Assets

6

1/15/2017

Sales Revenue

+$3000

Revenue

6

1/15/2017

Accounts Receivable

−$3000

Assets

7

1/25/2017

Sales Revenue

+$5000

Revenue

7

1/25/2017

Accounts Receivable

−$5000

Assets

8

1/27/2017

Cash

+$900

Assets

8

1/27/2017

Rental Expense

−$900

Expense

9

1/30/2017

Accounts Receivable

+$3000

Assets

9

1/30/2017

Cash

−$3000

Assets

10

1/30/2017

Cash

+$4000

Assets

10

1/30/2017

Salary Expense

−$4000

Expense

11

1/30/2017

Inventory

+$2500

Assets

11

1/30/2017

Cost of Goods Sold

−$2500

Expense

12

1/31/2017

Cash

+$1000

Assets

12

1/31/2017

Accounts Payable

−$1000

Liabilities

13

1/31/2017

Interest Payable

+$50

Liabilities

13

1/31/2017

Interest Expense

−$50

Expense