Q2. You are to enter the following items in the daybooks and show the transfers to the general ledger. Please note transfers to the receivables/payable's ledgers are not required. 2019 July 1st July 3rd July 5th July 8th July 12th July 14th July 20th July 24th Credit purchases from K Hill $380, M Norman $500, N Senior $106 Credit sales to E Rigby $510, E Phillips $246, F Thompson $356 Credit purchases from R Morten $200, J Cook $180, D Ed $410, C Dave $66 Credit sales to A Green $307, H George $250, J Ferguson $185 Return outwards to M Norman $30, N Senior $16 Return inwards from E Phillips $188, F Thompson $22 Credit sales to E Phillips $188, F Powell $310, E Lee $420 Credit purchases from C Fern $550, K Enno $900 Return Inwards from E Phillips $27, E Rigby $30 Return outwards to J cook $13, C Dave $11 July 31st July 31st

Q2. You are to enter the following items in the daybooks and show the transfers to the general ledger. Please note transfers to the receivables/payable's ledgers are not required. 2019 July 1st July 3rd July 5th July 8th July 12th July 14th July 20th July 24th Credit purchases from K Hill $380, M Norman $500, N Senior $106 Credit sales to E Rigby $510, E Phillips $246, F Thompson $356 Credit purchases from R Morten $200, J Cook $180, D Ed $410, C Dave $66 Credit sales to A Green $307, H George $250, J Ferguson $185 Return outwards to M Norman $30, N Senior $16 Return inwards from E Phillips $188, F Thompson $22 Credit sales to E Phillips $188, F Powell $310, E Lee $420 Credit purchases from C Fern $550, K Enno $900 Return Inwards from E Phillips $27, E Rigby $30 Return outwards to J cook $13, C Dave $11 July 31st July 31st

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 9RE: Refer to RE6-8. On April 23, 2020, McKinncy Co. receives a check, from Mangold Corporation for...

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You are to enter the following items in the books, post to personal accounts, and show the transfers to the General Ledger. Balance all accounts. 2009 July 1 Credit purchases form: K Hill $380; M Norman $500; N Senior $106. 3 Credit sales to: E Rigby $510; E Phillips $246; F Thompson $356. 5 Credit purchases from: R Morton $200; J Cook $180; D Edwards $410; C Davies $66. 8 Credit sales to: A Green $307; H George $250; J Ferguson $185. 12 Returns outwards to: M Norman $30; N Senior $16. 14 Return inwards from: E Phillips $18; F Thompson $22. 20 Credit sales to: E Phillips $188; F Powell $310; E Lee $420. 24 Credit purchases from: C Ferguson $550; K Ennevor $900. 31 Return inwards from: E Phillips $27; E Rigby $30. 31 Return outwards to: J Cook $13; C Davies $11.
An invoice for $9156.86 is dated June 23, 2022 with terms 4/10, 2/20, n/60 ROG. The goods are received by the purchaser on July 5, 2022. What is the amount paid if paid in full on July 24, 2022?
You are to enter up the sales, purchases and the returns inwards and returns outwards journals/day books from the following details, then the total of the journals are then to be transferred to the relevant accounts in the general ledger. 2018 May “ “ “ “ “ “ “ “ “ “ “ 1 3 7 9 11 14 17 20 24 28 31 Credit sales: T Thompson £56; L Rodriquez £148; K Barton £145 Credit purchases: P Potter £144; H Harris £25; B Spencer £76 Credit sales: K Kelly £89; N Mendes £78; N Lee £257 Credit Purchases: B Perkins £24; H Harris £58; H Miles £123 Goods returned by us to: P Potter £12; B Spencer £22 Goods returned to us by: T Thompson £5; K Barton £11;K Kelly £14 Credit purchases: H Harris £54; B Perkins £65: L Nixon £75. Goods returned by us to B Spencer £14 Credit sales: K Mohammed £57; K Kelly £65; O Green £112 Goods returned to us by N Mendes £24 Credit sales: N Lee £55
9. Which of the following is recorded upon receipt of a payment on April 7, 2021, by a customer who pays a $900 invoice dated March 3, 2021, with terms 2/10, n/60? A. Debit Sales Discounts $18. B. Credit Purchase Discounts $18. C. Credit Accounts Receivable $882. D. Debit Cash $900.
(To record cash purchase of premiums) Cash Sales Revenue (To record cash sales) Cash Premium Expense Inventory of Premiums (To record redemption of codes) (To adjust unearned revenue) Save for Later 3840000 000 0 Attempts: 1 of 3 used Submit Answer E
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Can you kindly assist on attached. Following subsidiary journals for Clivia Traders for February 2020: - Cashbook payments - Cashbook receipts
Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received $3,220 from Paula Spitler and wrote off the remainder owed of $1,930 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Cash fill in the blank 035d8afee01bfea_2 fill in the blank 035d8afee01bfea_3 Allowance for Doubtful Accounts fill in the blank 035d8afee01bfea_5 fill in the blank 035d8afee01bfea_6 Accounts Receivable-Paula Spitler fill in the blank 035d8afee01bfea_8 fill in the blank 035d8afee01bfea_9 July 29: Reinstated the account of Paula Spitler and received $1,930 cash in full payment. July 29 fill in the blank e6591afdffdafad_2 fill in the blank e6591afdffdafad_3 fill in the blank e6591afdffdafad_5 fill in the blank e6591afdffdafad_6 July 29 fill in the blank e6591afdffdafad_8 fill in the blank e6591afdffdafad_9 fill in the blank e6591afdffdafad_11 fill in the…
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