Preparing A Journal Entry. I need help telling whether it's accounts receivable, rent expense, etc. Also determining whether it's debit or credit. I understand everything else like the T-account and Trial Balance, just determining what they are is what I'm having trouble with.

Ashley Brown opened a law office on January 2 of the current year. During the first month of operations, the business completed the following transaction:

Jan 2: Ashley deposited $36,000 cash in the business bank account Ashley Brown, Attorney
Jan 3: Purchased supplies, $500 and furniture $2,600 on account
Jan 4: Performed legal service for a client and received cash, $1,500
Jan 7: Paid cash to acquire land for a future office site, $22,000
Jan 11: Prepared legal documents for a client on account, $900
Jan 15: Paid secretary’s salary, $570
Jan 16: Paid for the furniture purchased on Jan 3 on account
Jan 18: Received $1,800 cash for helping a client sell real estate
Jan 19: Defending a client in court and billed the client for $800
Jan 29: Received cash on account, $400
Jan 31: Paid secretary’s salary, $570
Jan 31: Paid rent expense, $700
Jan 31: Withdrew $2,200 for personal use

To determine whether an account is accounts receivable, rent expense, etc., you need to analyze the nature of the transaction and understand the classification of accounts.

Here's a breakdown of the transactions and their corresponding accounts:

1. Jan 2: Ashley deposited $36,000 cash in the business bank account Ashley Brown, Attorney
- Account: Cash
- Debit or Credit: Debit (increase in assets)

2. Jan 3: Purchased supplies, $500, and furniture $2,600 on account
- Accounts: Supplies (asset) and Furniture (asset)
- Debit or Credit: Debit (increase in assets)

3. Jan 4: Performed legal service for a client and received cash, $1,500
- Account: Cash
- Debit or Credit: Debit (increase in assets)
- Account: Accounts Receivable (asset)
- Debit or Credit: Credit (increase in assets)

4. Jan 7: Paid cash to acquire land for a future office site, $22,000
- Account: Land (asset)
- Debit or Credit: Debit (increase in assets)
- Account: Cash
- Debit or Credit: Credit (decrease in assets)

5. Jan 11: Prepared legal documents for a client on account, $900
- Account: Accounts Receivable (asset)
- Debit or Credit: Debit (increase in assets)
- Account: Legal Services Revenue (revenue)
- Debit or Credit: Credit (increase in revenue)

6. Jan 15: Paid secretary’s salary, $570
- Account: Salary Expense (expense)
- Debit or Credit: Debit (increase in expenses)
- Account: Cash
- Debit or Credit: Credit (decrease in assets)

7. Jan 16: Paid for the furniture purchased on Jan 3 on account
- Account: Accounts Payable (liability)
- Debit or Credit: Debit (decrease in liabilities)
- Account: Cash
- Debit or Credit: Credit (decrease in assets)

8. Jan 18: Received $1,800 cash for helping a client sell real estate
- Account: Cash
- Debit or Credit: Debit (increase in assets)
- Account: Revenue (revenue)
- Debit or Credit: Credit (increase in revenue)

9. Jan 19: Defending a client in court and billed the client for $800
- Account: Accounts Receivable (asset)
- Debit or Credit: Debit (increase in assets)
- Account: Legal Services Revenue (revenue)
- Debit or Credit: Credit (increase in revenue)

10. Jan 29: Received cash on account, $400
- Account: Cash
- Debit or Credit: Debit (increase in assets)
- Account: Accounts Receivable (asset)
- Debit or Credit: Credit (decrease in assets)

11. Jan 31: Paid secretary’s salary, $570
- Account: Salary Expense (expense)
- Debit or Credit: Debit (increase in expenses)
- Account: Cash
- Debit or Credit: Credit (decrease in assets)

12. Jan 31: Paid rent expense, $700
- Account: Rent Expense (expense)
- Debit or Credit: Debit (increase in expenses)
- Account: Cash
- Debit or Credit: Credit (decrease in assets)

13. Jan 31: Withdrew $2,200 for personal use
- Account: Owner's Withdrawals (drawing)
- Debit or Credit: Debit (decrease in owner's equity)
- Account: Cash
- Debit or Credit: Credit (decrease in assets)

Remember, these are general suggestions based on the information provided. It's always best to consult with an accounting professional or refer to your specific chart of accounts for accurate classification and recording of transactions.

To determine the accounts involved in each transaction and whether it should be recorded as a debit or credit, let's go through each transaction step-by-step:

Jan 2: Ashley deposited $36,000 cash in the business bank account.
- Accounts involved: Cash (asset account)
- Debit: Cash $36,000
- Credit: No entry is required as the business is not receiving anything in return.

Jan 3: Purchased supplies, $500, and furniture, $2,600, on account.
- Accounts involved: Supplies (asset account), Furniture (asset account), Accounts Payable (liability account)
- Debit: Supplies $500, Furniture $2,600
- Credit: Accounts Payable $3,100 (Total of supplies and furniture cost)

Jan 4: Performed legal service for a client and received cash, $1,500.
- Accounts involved: Cash (asset account), Accounts Receivable (asset account)
- Debit: Cash $1,500
- Credit: Accounts Receivable $1,500

Jan 7: Paid cash to acquire land for a future office site, $22,000.
- Accounts involved: Land (asset account), Cash (asset account)
- Debit: Land $22,000
- Credit: Cash $22,000

Jan 11: Prepared legal documents for a client on account, $900.
- Accounts involved: Accounts Receivable (asset account), Legal Services Revenue (revenue account)
- Debit: Accounts Receivable $900
- Credit: Legal Services Revenue $900

Jan 15: Paid secretary’s salary, $570.
- Accounts involved: Salaries Expense (expense account), Cash (asset account)
- Debit: Salaries Expense $570
- Credit: Cash $570

Jan 16: Paid for the furniture purchased on Jan 3 on account.
- Accounts involved: Accounts Payable (liability account), Cash (asset account)
- Debit: Accounts Payable $2,600
- Credit: Cash $2,600

Jan 18: Received $1,800 cash for helping a client sell real estate.
- Accounts involved: Cash (asset account), Revenue account (e.g., Real Estate Sales Revenue)
- Debit: Cash $1,800
- Credit: Revenue account $1,800

Jan 19: Defending a client in court and billed the client for $800.
- Accounts involved: Accounts Receivable (asset account), Legal Services Revenue (revenue account)
- Debit: Accounts Receivable $800
- Credit: Legal Services Revenue $800

Jan 29: Received cash on account, $400.
- Accounts involved: Cash (asset account), Accounts Receivable (asset account)
- Debit: Cash $400
- Credit: Accounts Receivable $400

Jan 31: Paid secretary’s salary, $570.
- Accounts involved: Salaries Expense (expense account), Cash (asset account)
- Debit: Salaries Expense $570
- Credit: Cash $570

Jan 31: Paid rent expense, $700.
- Accounts involved: Rent Expense (expense account), Cash (asset account)
- Debit: Rent Expense $700
- Credit: Cash $700

Jan 31: Withdrew $2,200 for personal use.
- Accounts involved: Withdrawals (contra equity account), Cash (asset account)
- Debit: Withdrawals $2,200
- Credit: Cash $2,200

These entries, once recorded in the respective accounts, will be used to prepare the Trial Balance.