1. Record the remaining May transactions in the sales journal, cash receipts journal, purchases journal, cash payments...
Question:
2. Post the individual amounts from the five journals to the accounts receiveable and accounts payable subsidary ledgers on a daily basis.
3. Post the individual amounts from the General columns of the cash receipts, purchases, cash payments, and general journal on a daily basis.
4. Foot, prove, total, and rule the special journals.
5. Post the column totals of the special journals to the general ledger accounts. Use the following order for posting: sales journal, cash reciepts journal, purchases journal, and cash payments journal.
6. Prove cash. The balance shown on check stubb 899 is $6,109.45.
7. Prepare a schedule of accounts receivable and a schedule of accounts payable.
8. Prepare a trial balance
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina