The general ledger of Crystal Lake (Golf Shop includes these accounts, along with their account numbers: Transactions
Question:
The general ledger of Crystal Lake (Golf Shop includes these accounts, along with their account numbers:
Transactions in December that affected purchases and cash payments follow.
Requirements
1. Crystal Lake Golf Shop records purchase returns in the general journal. Use the appropriate journal to record the transactions in a purchase journal, a cash payments journal (omit the Check No. column), and a general journal.
2. Total each column of the special journals. Show that total debits equal total credits in each special journal.
3. Show how postings would be made from the journals by writing the account numbers and check marks in the appropriate places in the journals.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: