Finding the information: sales journal  (s1) purchase journal (p1) cash receipts journal (cr1) cash payment journal (cp1) Record accounts and titles

sales journal  (s1)
purchase journal (p1)
cash receipts journal (cr1)
cash payment journal (cp1)

Record accounts and titles in 2 column journal
Post to the general ledger;  Cash, accounts receivable, accounts payable, notes receivable, inventory, supplies,prepaid insurance, equipment, accumulated depreciation-equipment, notes payable, accounts payable, owners capital, owner drawings, sales revenue, sales returns and allowances,sales discounts, cost of goods sold, salaries and wages exp, rent ex  
 

account Receivable subsidiary ledger (- Beltre, J.Rever, B. Santos, S.Mahey, B. Corpas
accounts payable subsidiary ledger ( D.Posey,S. Meek, R. Moses, D. Siato, S. Gamel)
 

Trial Balance at Jan 31. worksheet using office supplies at Jan 31 total $900, insurance coverage expires on oct 31, 2022,Annual Depreciation on equipment is 1200. Intrest of 50 has accrued on note payable
 

Multi step income statement 
owners equity statement 

balance sheet

prepaired adjusting entry (account titles and explanation)

General ledger
post closing trail balance 

Determine of subsidiary ledger agree with the control account in general ledger

Transcribed Image Text:

Oriole Co. uses a perpetual inventory system and both an accounts receivable and an accounts payable subsidiary ledger. Balances related to both the general ledger and the subsidiary ledgers for Oriole are indicated in the working papers presented below. Also following are a series of transactions for Oriole Co. for the month of January. Credit sales terms are 2/10, n/30. The cost of all merchandise sold was 60% of the sales price. Oriole Co. uses a perpetual inventory system and both an accounts receivable and an accounts payable subsidiary ledger. Balances related to both the general ledger and the subsidiary ledgers for Oriole are indicated in the working papers presented below. Also following are a series of transactions for Oriole Co. for the month of January. Credit sales terms are 2/10, n/30. The cost of all merchandise sold was 60% of the sales price.

Answer rating: 100% (QA)

Based on the provided information we will proceed to record the transactions in the general journal and then post the entries to the general ledger an... View the full answer