Accounting - General Journal

John Smith invested 15,000. How would you record it in the General Journal? 

• John Smith Capital (DR)
  Cash (CR)
   
• Cash (DR)
  John Smith, Capital (CR)

Paid Cash for water bill

• Cash (DR)
  Water bill (CR)
• Water Bill (CR)
  Cash (CR)
• Utilities Expense (DR)
  Cash (CR)
• Both are debits

Sold services on account to Jane Doe. 

• Accounts Receivable (DR)
  Sales (CR)
• Accounts Receivable, Jane Doe (DR)
  Sales (CR)
• Cash (DR)
  Accounts Receivable (CR)
• They are both Debit

Paid cash to owner for personal use.

• John Smith, Drawing (DR)
  Cash (CR)
• Withdrawal (DR)
  Cash (CR)
• Cash (DR)
  John Smith, Drawing (Cr)
• John Smith Capital (CR)
  Cash (DR)

Paid cash for supplies.

• Cash (DR)
  Supplies (CR)
• Supplies (DR)
  Cash (CR)
• Supplies (DR)
  Accounts Payable(CR)
• They are both debits

Received cash on account from Jane Doe.

• Cash (Dr)
  Accounts Payable, Jane Doe (CR)
• Cash (DR)
  Account Receivable (CR)
• Cash (DR)
  Account Receivable, Jane Doe (CR)
• Accounts Receivable, Jane Doe (DR)
  Cash(CR)

The reference number "c2" stands for

• check number 2
• cash
• Credit
• Capital

S2 stands for 

• shipping
• selling
• sales
• sold

Bought supplies on account from TJ Box Co.

• Supplies (DR)
  Cash (CR)
• supplies (DR)
  account Payable, TJ Box Co.
• Supplies (DR)
  Accounts Receivable, TJ Box Co.
• they are both debits

T26 stands for 

• tiller
• tape
• tray
• transaction