Test: Chapter $13-$ Test A

Question $2$ of $12$

Transactions

Katie Brown operates a wholesale computer centre in Whitehorse. All transactions requiring the payment of cash are recorded in the cash payments journal $($page is $5\%.$

Click here to view the account balances. Click here to view the transactions.

Read the requirements.

$\backslash$table$[[$August $3,20x,\backslash$table$[[$Paid half the amount owed to Jackson Co$.$ from previous purchases of$],[$computers on account, less $2\%$ purchases discount, cheque No$.21.],[$Bought a delivery truck for $$7\mathrm{.}500$ cash, plus GST of $$375,$ cheque$],[$No$.22,$ payable to Bill Ring Co$.]]],[$August $7,20x,\backslash$table$[[$Bought computer merchandise from Light Co$.,$ cheque No$.23.],[$$$3,800,$ plus GST$.]]],[$August $17,20x,\backslash$table$[[$Bought additional computer merchandise from Paced Co$.,$ cheque$],[$No$.24,$ $$820,$ plus GST$.]]],[$August $24,20x,\backslash$table$[[$Paid Ronald Co$.$ the amount owed less a $2\%$ purchases discount,$],[$cheque No$.25.]]],[$August $27,20x,\backslash$table$[[$Paid rent expense to King's Realty Trust, cheque No$.26,$$$2,500,$ plus$],[$GST$.]]],[$August $28,20x,\backslash$table$[[$Paid utilities expense to Rock Utility Co$.,$ cheque No$.27,$ $$260,$ plus$],[$GST$.]]],[$August $31,20x,$Paid half the amount owed to Eljah Co$.,$ no discount, cheque No$.28.]]$

Account Balances

Now, work on the general ledger for the Delivery Truck account. $($If an input field is not used in the ledger, leave the input field empty: do not select a label or enter

$\backslash$table$[[$Delivery Truck,,,Account No$.150,],[$Date$,$Explanation,PR$,$Debit,Credit,$\backslash$table$[[$Debit or$],[$Credit$]],$Balance$],[,,,,,,],[,,,,,,]]$

Next, complete the general ledger for Accounts Payable. $($If an input field is not used in the ledger, leave the input field empty; do not select a label or enter a zero.$)$

$\backslash$table$[[,$Accounts Payable,Account No$,210],[$Date$,$Explanation,PR$,$Debit,Credit,$\backslash$table$[[$Debit or$],[$Credit$]],$Balance$],[,$Balance,,,,,$],[,,,,,,],[,,,,,,],[,,,,,,]]$

In this step, complete the general ledger for the Rent Expense account. $($If an input field is not used in the ledger, leave the input feld empty; do not select a label or enter a zero.$)$