accounting

REPEAT STEP ONE, MANUAL RECORD KEEPING AND STEP TWO, ELECTRONIC RECORD KEEPING Ensure that you do all transaction processing in the "manual" set-of-books first before inputting data into electronic version. WEEK 4 TRANSACTIONS Sep-28 Sales on account to One Stop Shop \$1,000, Inv. 7 Sep-28 Sales on account to the Java Hut for $250, Inv. 8 Sep-28 Sales on account to Stouder Hospital for $2,500, Inv. 9 Sep-30 Week 4 (Sept 26-30) cash sales were \$7,348. Sep-30 Received payment on account from One Stop Shop, Inv. 7, for Sept 28 sale Sep-30 Sales on account to King High School for \$500, Inv. 10 Sep-30 Accepted credit card for sales for the month amounted to $3,700. The credit card company charged 5% service charge. Credit card sales are tied to the cash register electronically and the sales and card charge are processed by the bank at the end of the month. Recognize the Sales, the receipt of Cash; and the payment of the Service Charge to the bank. Sep-30 At the end of an accounting period a count of the petty cash shows that the fund contains cash of $180 and expense vouchers for supplies of $45 and postage of $25. Recognize expenses and replenish the petty cash account. Sep-30 Spent $72 at Hawkins Service Station to fill up your delivery vehicles with gas. You charge it all to the account you maintain with Hawkins, Inv. 66. Sep-30 Received monthly utility bill for $900 TOTAL COLUMNS IN SPECIAL JOURNALS At this time all four (4) special journals must be totaled. The sum of all debit column totals must equal the sum of all credit column totals in a journal. The check figures for each special journal are provided