The cash receipts journal for the month of January is provided in your working papers and illustrated
Question:
The cash receipts journal for the month of January is provided in your working papers and illustrated here.
Instructions
In your working papers, foot, prove, total, and rule the cash receipts journal.
Transcribed Image Text:
DOC. NO. 3 R502 Jennifer Smith 5 R503 Wilton High School 8 R504 Store Equipment 15 T42 Cash Sales 15 T42 Bankcard Sales 20 R505 Norwin High School 30 R506 Supplies DATE 1 20-- 2 Jan. 3 4 5 6 7 8 9 ACCOUNT NAME POST. REF. ✓ ✓ 155 ✓ 115 CASH RECEIPTS JOURNAL GENERAL CREDIT SALES CREDIT 500000 120000 7500 3000 SALES TAX PAYABLE CREDIT 30000 7200 ACCOUNTS RECEIVABLE CREDIT 8000 TH 310000 240000 SALES DISCOUNTS DEBIT 6200 4800 PAGE 10 CASH IN BANK DEBIT 1 8000 2 + 303800 3 7500 4 530000 5 HH 127200 6 HT 235200 7 8 3000 9
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
ANSWER DATE DOC NO ACCOUNT NAME POST REF GENERAL CREDIT SALES C...View the full answer
Answered By
Akash M Rathod
I have been utilized by educators and students alike to provide individualized assistance with everything from grammar and vocabulary to complex problem-solving in various academic subjects. I can provide explanations, examples, and practice exercises tailored to each student's individual needs, helping them to grasp difficult concepts and improve their skills.
My tutoring sessions are interactive and engaging, utilizing a variety of tools and resources to keep learners motivated and focused. Whether a student needs help with homework, test preparation, or simply wants to improve their skills in a particular subject area, I am equipped to provide the support and guidance they need to succeed.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The cash receipts journal of Silver Plastics follows. Silver s general ledger includes the following selected accounts, along with their account numbers: Indicate whether each posting reference (a)...
-
Total wages and salaries for the month of January were $50,000. Because it is January, no employee has yet reached the FICA tax cap amount, so the full FICA tax percentage is applicable to the entire...
-
The cash receipts journal shown below contains five entries. All five entries are for legitimate cash receipt transactions, but the journal contains some errors in recording the transactions. In...
-
Three charges are arranged as shown in the figure. Find the (a) magnitude and (b) direction (angle with the x axis) of the electrostatic force on the 6.00- nC charge. In the figure, q= 3.64 nC. 0.500...
-
Identify and briefly describe the major sections of a multi-step statement of earnings.
-
A brush fire is burning on a rock ledge on one side of a ravine that is \(30 \mathrm{~m}\) wide. A fire truck sits on the opposite side of the ravine at an elevation \(8.5 \mathrm{~m}\) above the...
-
Figure P5.31 shows a two-reservoir water supply system. The water level in reservoir 1 drops at the rate of \(0.01 \mathrm{~m} / \mathrm{min}\), and the water level in reservoir 2 drops at the rate...
-
The following remark was overheard at a meeting between managers and a systems analysis team at the Fence-Me-In fencing company: You told us the prototype would be finished three weeks ago. Were...
-
Discuss Social networking and give three examples of caveats associated with using Social networking sites for screening .
-
Thurber Co. purchased equipment for $710,000 which was estimated to have a useful life of 10 years with a residual value of $10,000 at the end of that time. Depreciation has been entered for 7 years...
-
The Accounts Receivable controlling account in the general ledger a. Shows the total amount owed by all customers when posting is complete. b. Helps keep the general ledger a balancing ledger in...
-
At Ice Cream Express, you keep the financial records and maintain inventory. You noticed that some ice cream flavors are popular only during certain seasons. For example peppermint ice cream is very...
-
For the linear system \[\begin{gathered}\dot{\mathbf{x}}=\mathbf{A x}+\mathbf{B u} \\\mathbf{y}=\mathbf{C x}+\mathbf{D u}, \\\mathbf{A}=\left[\begin{array}{lll}0 & 0 & -1 \\1 & 0 & -3 \\0 & 1 &...
-
Briefly explain the internal characteristics that influence the rate of return for a company.
-
How do environmental factors, including diet, stress, and exposure to toxins, modulate gene expression patterns through epigenetic modifications, and what implications does this have for personalized...
-
the authors ask questions and identify six major areas of investigation regarding the future of North America.The six areas (in no particular order) are: Environmental issues; population and...
-
What important points should every homeowner know about how mortgages work?
-
What are the intricate mechanisms underlying the phenomenon of trophic cascades, and how do they manifest within complex ecosystems ?Explain
-
Given a, r 0, characterize the kernel and the range of the matrix ar ary .ar- arn... ar2a-1 ..arn2
-
What are the key elements of a system investigation report?
-
Recall from the chapter discussion that SailRite uses one plantwide rate based on direct labor hours to allocate manufacturing overhead costs to the companys two sailboat productsBasic and Deluxe....
-
Gogle Company recently began providing cafeteria services to its employees. Because revenue from the sale of food at the cafeteria does not fully cover cafeteria expenses, Gogle must pay for the...
-
This problem is an adaptation of the example presented at the end of Chapter 2 for Custom Furniture Company. The only difference is that this problem uses activity-based costing to allocate overhead...
-
1). The Electronic Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and...
-
After reviewing oceanview marine company's case materials, and reviewing the unaudited account balances, what is your preliminary view on the client's ability to continue as a going concern? What is...
-
For each chemical reaction listed in the table below, decide whether the highlighted atom is being oxidized or reduced. reaction highlighted atom is being... neither oxidized reduced oxidized nor...
Study smarter with the SolutionInn App