During the month of October 20--, The Pink Petal flower shop engaged in the following transactions:

REQUIRED:
1. Record the transactions in a sales journal (page 7), cash receipts journal (page 10), purchases journal (page 6), cash payments journal (page 11), and general journal (page 5). Total, verify, and rule the columns where appropriate at the end of the month.
2. Post from the journals to the general ledger, accounts receivable ledger, and accounts payable ledger accounts. Use account numbers as shown in the chapter.

Transcribed Image Text:

Oct. 1 2 2 S 7 9 11 12 12 13 14 Sold merchandise on account to Elizabeth Shoemaker, $1,000, plus tax of $50. Sale no. 222. Issued check no. 190 to Jill Hand in payment of October 1 balance of $500, less 2% discount. Purchased merchandise on account from Flower Wholesalers, $4,000. Invoice no. 500, dated October 2, terms 2/10, n/30. Purchased merchandise on account from Seidl Enterprises, $700. Invoice no. 527, dated October 4, terms 2/15, n/30. Issued check no. 191 in payment of telephone expense for the month of September, $150. Sold merchandise for cash, $3,500, plus tax of $175, Received payment from Leigh Summers in full settlement of account, $2,000. Issued check no. 192 to Flower Wholesalers in payment of October 1 bal- ance of $1,500. Sold merchandise on account to Leigh Summers, $2,000, plus tax of $100. Sale no. 223. Received payment from Meg Johnson on account, $3,100. Issued check no. 193 to Seidl Enterprises in payment of October 4 purchase. Invoice no. 527, less 2% discount. Meg Johnson returned merchandise for a credit, $300, plus sales tax of $15.