Question: Selected transactions are shown. June 1 Marie L. Phillips returned merchandise previously purchased on account (Sale No 33). $37 John B. Adams returned merchandise previously


Selected transactions are shown. June 1 Marie L. Phillips returned merchandise previously purchased on account (Sale No 33). $37 John B. Adams returned merchandise previously purchased on account (Sale No. 34). 568. L. B. Greene returned merchandise previously purchased on account (Sale No. 35), 533. 11 15 Required: Enter the transactions starting on page 60 of a general journal and post them to the appropriate general andger and accounts receivable leder accounts CHART OF ACCOUNTS Chapter 10 General Ledger ASSETS REVENUE 101 Cash 401 Sales 122 Accounts Receivable 401.1 Sales Returns and Allowances 401.2 Sales Discounts 141 Supplies 181 Office Equipment EXPENSES LIABILITIES 511 Wages Expense 202 Accounts Payable 219 Wages Payable 231 Sales Tax Payable 512 Advertising Expense 513 Bank Credit Card Expense 514 Store Supplies Expense 515 Travel and Entertainment Expense EQUITY 549 Miscellaneous Expense 311 Owner, Capital LIABILITIES 202 Accounts Payable 219 Wages Payable 231 Sales Tax Payable 511 Wages Expense 512 Advertising Expense 513 Bank Credit Card Expense 514 Store Supplies Expense 515 Travel and Entertainment Expense 549 Miscellaneous Expense EQUITY 311 Owner, Capital 312 Owner, Drawing Subsidiary Ledgers Accounts Receivable Ledger 122.1 J. Adams 122.2 L. B. Greene 122.3 M. Phillips
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