The sales and cash receipts journals of Jiajng Electronics include the following entries: Required Complete the cash
Question:
The sales and cash receipts journals of Jiajng Electronics include the following entries:
Required
Complete the cash receipts journal for those transactions indicated. There are no sales discounts. Also, total the journal and show that total debits equal total credits.
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Sales Journal InvoiceAccount Post. Accounts Receivable Dr Cost of Goods Sold Dr Date No. Debited Ref. Sales Revenue Cr 220 120 120 240 700 Inventory Cr 72 58 50 120 May 767 I. Pax 10 672 W. Singh 10 673 F. Zehr 12 674 J. Legg 31 Total Cash Receipts Journal Debits Credits Other Accounts Cost of Goods Sold Dr Sales Accounts Sales Account Post. Date Cash Discounts Receivable Revenue Title Ref. Amount Inventory Cr May 16 I. Pax F. Zehr 19 24 600 30 600 380 W. Singh
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DATE May 16 19 24 30 31 CASH DEBITS 220 120 600 120 1060 SA...View the full answer
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Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
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