entering a transaction

[Walt Pennington]

On Sun, 2004-09-05 at 16:43, John Sowden wrote:
> got it installed, created a chart of acounts, now I want to enter some 
> transactions.  can someone give me a step by step for the below 3 
> transactions.  I should be able to take it from there.
> 
> 1) paid 1,000 rent:  dr rent 1000,   cr checking acct 1000

Rent Expense             $1,000
	Bank Checking     		$1,000

> 2) rcvd 5000 in revenue:  dr checking acct 5000,
>      cr repair fees  1000, cr sales 4000

Bank Checking       	$5,000
  	Revenue - Sales            	$5,000
	Revenue - Repair Service	$1,000


> 3) write a paycheck: cr checking 1000, dr salary 1300,
>     cr fica 100, cr fed inc tax with 200
> 

Payroll Expense-Sal	$1,300
Payroll Expense-Tax	  $100
Payroll Expense-Tax   	  $200
	Payroll Bank Account		$1,600

or

Payroll Expense-Sal	$1,300
Payroll Expense-Tax	  $100
Payroll Expense-Tax   	  $200
	Payroll Bank Account		$1,300
	A/P Payroll Expense Tax		  $100
       	A/P Payroll Expense-Tax   	  $200


with the second entry you will need to follow transaction with 

A/P Payroll Expense Tax		  $100
A/P Payroll Expense-Tax   	  $200
	Bank Account			$300

to pay payroll taxes


> this should be crystal clear from the doc, but it isn't.
> tia,