Buzz Newsstand had the following transactions for the month of January. Instructions 1. Record the transactions on
Question:
Buzz Newsstand had the following transactions for the month of January.
Instructions
1. Record the transactions on page 9 of the general journal.
2. Post each transaction to the appropriate general ledger and accounts receivable subsidiary ledger accounts. A partial general ledger and accounts receivable subsidiary ledger are included in the working papers. The current account balances are recorded in the accounts.
Transcribed Image Text:
General Ledger 101 Cash in Bank 401 Sales 405 Sales Discounts 410 Sales Returns and Allowances NAD Nadal, Saba ROL Rolling Hills Pharmacies 115 Accounts Receivable 135 Supplies 215 Sales Tax Payable Accounts Receivable Subsidiary Ledger ADK Adkins, Lee JAV Java Shops Inc.
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1 General Journal Date Account Debit Credit Jan 1 Sales Tax Payable 1200 Accounts Receivable ADK 212...View the full answer
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