Post the Following Transactions to the Ledger of Jason Company $\quad$

question 64

Essay

Post the following transactions to the ledger of Jason Company.The partial chart of accounts of Jason Company is as follows:
111 Cash
121 Equipment
211 Accounts Payable
311 Jason,Capital
$\quad$ $\quad$ $\quad$$\text {GENERAL JOURNAL}$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text {Page 1}$
$\begin{array}{|l|l|l|r|r|r|}\hline \text { Date } & & \text { Acct. Titles and Description } & \text { PR } & {\text { Debit }} & {\text { Credit }} \\\hline \text { April } & 1 & \text { Cash } & & 14,000 & \\\hline & & \text { Jason, Capital } & & & 14,000 \\\hline & & \text { Cash investment } & & & \\\hline & & & & & \\\hline \text { April } & 5 & \text { Equipment } & & 4,000 & \\\hline & & \text { Cash } & & & 1,000 \\\hline & & \text { Accounts Payable } & & & 3,000 \\\hline & & \text { Purchased equipment } & & & \\\hline\end{array}$
$\quad$ $\quad$ $\quad$ $\quad$$\text { Cash }$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Account } 111$
$\begin{array}{|l|l|l|l|l|l|l|l|}\hline \text { Date } & \quad\quad& \text { Explanation\quad\quad\quad\quad\quad } & \text { PR } & \text { Debit } & \text { Credit } & \begin{array}{c}\text { Debit } \\\text { Balance }\end{array} & \begin{array}{c}\text { Credit } \\\text { Balance }\end{array} \\\hline & & & & & & & \\\hline & & & & & & & \\\hline\end{array}$
$\quad$ $\quad$ $\quad$ $\quad$$\text { Equipment }$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Account } 121$
$\begin{array}{|l|l|l|l|l|l|l|l|}\hline \text { Date } & \quad\quad& \text { Explanation\quad\quad\quad\quad\quad } & \text { PR } & \text { Debit } & \text { Credit } & \begin{array}{c}\text { Debit } \\\text { Balance }\end{array} & \begin{array}{c}\text { Credit } \\\text { Balance }\end{array} \\\hline & & & & & & & \\\hline & & & & & & & \\\hline\end{array}$
$\quad$ $\quad$ $\quad$ $\quad$$\text { Accounts Payable }$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\text { Account } 211$
$\begin{array}{|l|l|l|l|l|l|l|l|}\hline \text { Date } & \quad\quad& \text { Explanation\quad\quad\quad\quad\quad } & \text { PR } & \text { Debit } & \text { Credit } & \begin{array}{c}\text { Debit } \\\text { Balance }\end{array} & \begin{array}{c} \text { Credit } \\\text { Balance }\end{array} \\\hline & & & & & & & \\\hline & & & & & & & \\\hline\end{array}$
$\quad$ $\quad$ $\quad$ $\quad$$\text { Jason, Capital }$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\text { Account } 311$
$\begin{array}{|l|l|l|l|l|l|l|l|}\hline \text { Date } & \quad\quad& \text { Explanation\quad\quad\quad\quad\quad } & \text { PR } & \text { Debit } & \text { Credit } & \begin{array}{c}\text { Debit } \\\text { Balance }\end{array} & \begin{array}{c} \text { Credit } \\\text { Balance }\end{array} \\\hline & & & & & & & \\\hline & & & & & & & \\\hline\end{array}$

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Quantities of crude oil that are identified and accessible for extraction with current technology.

Arctic National Wildlife Refuge

A protected area in Alaska, United States, known for its natural beauty, diverse wildlife, and ongoing debates over oil exploration.

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Deposits of bitumen or extremely heavy crude oil that can be mined and processed to extract the oil, primarily found in Alberta, Canada.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.