Jameson Company uses a voucher register and a check register similar to the ones described in this chapter.

Instructions:

1. Use page 20 of a check register. Record the bank balance brought forward on November 1 of the current year, $11,676.77.

2. Journalize the transactions completed during November of the current year. Use page 22 of a voucher register and page 20 of a check register. When a voucher is paid or canceled, make appropriate notations in the voucher register. Source documents are abbreviated as follows: check, C; debit memorandum, DM;
voucher, V.

3. Prove and rule both the voucher register and the check register.

Transcribed Image Text:

Transactions: Nov. 1. Purchased merchandise on account from Georgia Company, $975.00. V68. 2. Bought $216.80 of administrative supplies on account from Supply World. V69. 4. Bought store equipment on account from Equipment Plus, $1,998.00. V70. 8. Purchased merchandise on account from North Heights Corporation, $1,695.15. V71. 8. Paid $955.50 to Georgia Company covering V68 for $975.00, less 2% discount, $19.50. C57. 10. Made a deposit in the checking account, $3,579.00. 14. Received invoice for delivery service from Quick Delivery, $24.10. V72. 14. Paid cash to Quick Delivery, $24.10, covering V72. C58. 14. Issued DM10 to North Heights Corporation for return of merchandise purchased, $225.00. Cancel V71. V73. 15. Paid cash to North Heights Corporation, $1,440.75, covering V73 for $1,470.15, less 2% discount, $29.40. C59. 16. Recorded voucher for semimonthly payroll for period ended November 15, $1,459.64 (total payroll: sales, $1,183.50; administrative, $789.00; less deductions: employee income tax pay- able-federal, $295.88; employee income tax payable--state, $59.18; social security tax payable, $128.21; Medicare tax payable, $29.59). V74. 16. Paid cash for semimonthly payroll, $1,459.64, covering V74. C60. 22. Paid cash to Supply World, $216.80, covering V69.C61. 25. Issued Voucher No. 75 to buy office equipment on account from Fischer Equipment, $2,350.00. 29. Deposited $1,170.15 in the checking account. 30. Purchased merchandise on account from Georgia Company, $2,258.50. V76.