Ronald Howard has been hired by Green Company to help reconstruct the sales journal, general journal, and

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Ronald Howard has been hired by Green Company to help reconstruct the sales journal, general journal, and cash receipts journal, which were recently destroyed in a fire. The owner of Green has supplied him with the data shown below. Enter the entries into the reconstructed sales journal, general journal, and cash receipts journal. (Don’t worry about dates, invoice numbers, etc.) What written recommendation should Ron make so that reconstruction will not be needed in the future? 

Accounts Receivable Subsidiary Ledger P. Bond M. Raff Balance 100 150 CRJ Balance 200 SJ 150 Entitled to 2% SJ 100 discount J. Smooth 300 1,000 R. Venner Balance GJ Balance 200 400 CRJ SJ 2,000 1,000 CRJ SJ 400 SJ 1,000 500 GJ Entitled to 1% discount Partial General

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College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

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