1 The general ledger accounts and subsidiary ledgers, along with their beginning balances, have been opened for...
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1
The general ledger accounts and subsidiary ledgers, along with their beginning balances, have been opened for you. Journalize the August transactions using , a cash receipts journal, a purchases journal, a cash payments journal, and a general journal.makes all credit sales on terms of 22 /10,n/30.
2.
Post daily to the accounts receivable subsidiary ledger and the accounts payable subsidiary ledger. On August 31, post to the general ledger.3.
Prepare an unadjusted trial balance for the month ended August 31.4.
Journalize and post the following adjusting entries:
a. Office supplies on hand,$ 950$950.
b. Prepaid insurance expired,$ 450$450.
c. Depreciation expense,$ 270$270.
d. Accrued salaries expense,$ 1 comma 080$1,080.
Related Book For
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
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