Using the following remittances received by P Marcela (see figure 5.37), prepare the cash receipts journal (or
Question:
Using the following remittances received by P Marcela (see figure 5.37), prepare the cash receipts journal (or general journal), post the journal to the general ledger and prepare a trial balance using periodic inventory.
Transcribed Image Text:
Remittance Received 599 3 October 2022 Cash Sale for cash GST a 10% Remittance Received 499 20 October 2022 Mary & Jane Rent received GST @ 10% 170.00 17.00 $187.00 GST @ 10% Remittance Received 153 26 October 2022 G Smith Cash sale 400.00 40.00 $440.00 450.00 45.00 $495.00 Remittance Received 115 14 October 2022 Pyramid Investments Interest received GST @ 10% Remittance Received 202 26 October 2022 GST @ 10% 168.00 0.00 $168.00 Cash Stock sold GST @ 10% 250.00 25.00 $275.00 Remittance Received 709 27 October 2022 W Bruce Received commission 640.00 64.00 $704.00 Remittance Received 728 14 October 2022 Leila & Zarif Rent received GST @ 10% Remittance Received 614 26 October 2022 620.00 62.00 $682.00 J Betty Goods sold for cash GST @ 10% 160.00 16.00 $176.00 Remittance Received 549 30 October 2022 GST @ 10% BHP Ltd Dividend received 146.00 0.00 $146.00
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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