I journalized incorrectly and need to know how to fix it. Instructions are as follows: B 11.
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I journalized incorrectly and need to know how to fix it.
Instructions are as follows:
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B 11. Journalize the transactions provided below in the General Journal. 2 2. Enter the beginning balances to each of the accounts provided below into the General Ledgers. 33. Post all general journal transactions to the repesctive general ledger accounts. 4 4. Post to the Accounts Receivable Subledger. 5 5. Prepare the Schedule of Accounts Receivable. 6 6. Post to the Accounts Payable Subledger 17. Prepare the Schedule of Accounts Payable. 88. Prepare a Bank Reconciliation. 3 10 General ledger account balances as of May 1, 20-- 11 12 Account Title 13 Cash 14 Accounts Receivable 15 Purchases 16 Accounts Payable 17 Sales Tax Payable 18 Sales 19 Sales Return and Allowances 20 Wages Expense 21 22 23 Accounts Receivable Account Balances as of May 1 24 Customer 25 Angel Garcia 26 Mark Parsons 27 Dana Longview 28 Eduardo Quintana 29 Daisy Rangel 30 Kevin Sanders Account Balance 5,000.00 2,500.00 3,000.00 1,260.00 1,500.00 900.00 $ $ $ $ $ $ Account No. 101 122 133 230 231 401 401.1 D 500 General Ledger Balance on May 1 $ 69 69 69 69 69 69 69 $ $ $ $ $ E Customer Keys Wholesale Custom Works American Products Edible Pursuits Duke's Designs Fryes Elecrtonics 40,000.00 14,160.00 6,000.00 10,300.00 130.00 25,000.00 400.00 5,000.00 Accounts Payable Account Balances as of May 1 Account Balance 69 69 69 69 $ $ $ $ 69 69 F $ 1,000.00 1,900.00 4,000.00 1,450.00 1,250.00 700.00 31 32 Transactions 33 May 1: Purchased merchandise from Keys Wholesale on account for $735.30, Invoice No 91 Dated May 1, terms 2/10, n30. Instructions Gen. Journal Ledger AR Subledger Schedule of AR B 11. Journalize the transactions provided below in the General Journal. 2 2. Enter the beginning balances to each of the accounts provided below into the General Ledgers. 33. Post all general journal transactions to the repesctive general ledger accounts. 4 4. Post to the Accounts Receivable Subledger. 5 5. Prepare the Schedule of Accounts Receivable. 6 6. Post to the Accounts Payable Subledger 17. Prepare the Schedule of Accounts Payable. 88. Prepare a Bank Reconciliation. 3 10 General ledger account balances as of May 1, 20-- 11 12 Account Title 13 Cash 14 Accounts Receivable 15 Purchases 16 Accounts Payable 17 Sales Tax Payable 18 Sales 19 Sales Return and Allowances 20 Wages Expense 21 22 23 Accounts Receivable Account Balances as of May 1 24 Customer 25 Angel Garcia 26 Mark Parsons 27 Dana Longview 28 Eduardo Quintana 29 Daisy Rangel 30 Kevin Sanders Account Balance 5,000.00 2,500.00 3,000.00 1,260.00 1,500.00 900.00 $ $ $ $ $ $ Account No. 101 122 133 230 231 401 401.1 D 500 General Ledger Balance on May 1 $ 69 69 69 69 69 69 69 $ $ $ $ $ E Customer Keys Wholesale Custom Works American Products Edible Pursuits Duke's Designs Fryes Elecrtonics 40,000.00 14,160.00 6,000.00 10,300.00 130.00 25,000.00 400.00 5,000.00 Accounts Payable Account Balances as of May 1 Account Balance 69 69 69 69 $ $ $ $ 69 69 F $ 1,000.00 1,900.00 4,000.00 1,450.00 1,250.00 700.00 31 32 Transactions 33 May 1: Purchased merchandise from Keys Wholesale on account for $735.30, Invoice No 91 Dated May 1, terms 2/10, n30. Instructions Gen. Journal Ledger AR Subledger Schedule of AR
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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