The cash receipts journal of Silver Plastics follows:

Silver's general ledger includes the following selected accounts, along with their account numbers:
Number _________________ Account_____________
110 .............................Cash
115 .............................Accounts Receivable
118 .............................Merchandise Inventory
125 .............................Notes Receivable
510 .............................Sales Revenue
512 .............................Sales Discounts Forfeited
520 .............................Interest Revenue
611 .............................Cost of Goods Sold
Indicate whether each posting reference (a) through (k) should be a
• Check mark (✓) for a posting to a customer account in the accounts receivable subsidiary ledger.
• Account number for a posting to an account in the general ledger. If so, give the account number.
• Letter (X) for an amount not posted.

Transcribed Image Text:

Cash Receipts Journal Sales Ref. Cash DR Receivable CR Revenue CR Page 7 Sales Discounts Forfeited CR Cost of Goods Sold DR Accounts CR Merchandise Inventory CR Account Credited Accounts Other Post. Date 2018 Jan. 2 Awesome, Corp. 830 810 (g) (h) 20 9 King, Inc. 19 Note Receivable 490 490 (i) 4,480 4,000 Interest Revenue 30 J. T. Folk () 480 (k) 330 320 10 3,500 3,500 4,230 10,360 31 4,230 1,620 4,230 4,480 Jan. 31 Total 30 (d) (b) (a) (c) (f) (e)