During the week ended 12 September 2019 the daily sales for Calums Chocolaterie were as follows: Total
Question:
During the week ended 12 September 2019 the daily sales for Calum’s Chocolaterie were as follows:
Total sales (including GST) | Sales on account | Banked | ||||||||
September 2019 | ||||||||||
Monday 8 | $3,992 | $190 | $3,184 | |||||||
Tuesday 9 | 3,279 | 119 | 3,117 | |||||||
Wednesday 10 | 3,659 | 143 | 3,527 | |||||||
Thursday 11 | 4,087 | 166 | 3,921 | |||||||
Friday 12 | 3,992 | 119 | 3,808 |
Record the transactions for the week ended 12 September in the cash receipts journal of Calum’s Chocolaterie. (Leave answer fields blank if no amount is required. Round answers to 0 decimal places, e.g. 1,525.)
Calum’s Chocolaterie Cash receipts journal | ||||||||||||
Debits | Credits | |||||||||||
Date | Account | Cash at bank | Discount allowed | Sales | Accounts receivable | GST payable | ||||||
Sep. 8 | Sales | |||||||||||
9 | Sales | |||||||||||
10 | Sales | |||||||||||
11 | Sales | |||||||||||
12 | Sales |
Prepare a general journal for cash short and over if necessary, in order of date. (Enter debit entries first, followed by credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.)
Calum's Chocolaterie General journal | |||
Date | Particulars | Debit | Credit |
Sep. 8 | Sales Cash short and over Cash at bank Office supplies GST payable Miscellaneous expense | ||
Office supplies GST payable Miscellaneous expense Sales Cash short and over Cash at bank | |||
Sales Miscellaneous expense Cash at bank GST payable Cash short and over Office supplies | |||
(Cash shortage on cash sales) | |||
Sep. 9 | Cash at bank Office supplies Miscellaneous expense GST payable Cash short and over Sales | ||
Miscellaneous expense Cash at bank Office supplies Sales GST payable Cash short and over | |||
Office supplies GST payable Miscellaneous expense Cash short and over Sales Cash at bank | |||
(Cash shortage on cash sales) | |||
Sep. 10 | Sales GST payable Cash short and over Office supplies Cash at bank Miscellaneous expense | ||
Office supplies Miscellaneous expense GST payable Cash short and over Sales Cash at bank | |||
Cash short and over Sales Office supplies Cash at bank Miscellaneous expense GST payable | |||
(Cash over on cash sales) | |||
Sep. 12 | Sales Cash at bank Office supplies Miscellaneous expense Cash short and over GST payable | ||
Office supplies Miscellaneous expense GST payable Cash short and over Sales Cash at bank | |||
Office supplies Cash at bank Miscellaneous expense GST payable Cash short and over Sales | |||
(Cash shortage on cash sales) |
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett