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Posted on Sep 10, 2024

1 2 4 6 8 9 10 December Transactions: Dec. Sold merchandise on account to Larry Simpson, S4,790.00, plus sales tax. S395. Paid cash to

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1 2 4 6 8 9 10 December Transactions: Dec. Sold merchandise on account to Larry Simpson, S4,790.00, plus sales tax. S395. Paid cash to Perkins Properties for rent, $810.00. C518. 3 The board of directors declared a dividend of $0.70 per share; capital stock issued is 22,000 shares. M68. Received cash on account from Coastal County Schools, $834.80, less 2% sales discount. R289. 5 Paid cash to Ulman Paper for office supplies, $179.00. C519 Paid cash on account to Jing Corporation for $2,643.00, less 2% discount. C520. 7 Purchased merchandise on account from Wilson Metals, $9,200.00, less a 60% trade discount. P315. Bought office supplies on account from Barger Office Supply, $168.00. M69. Paid cash to Dave's Signs for miscellaneous expense, $67.00. C521. Sold merchandise on account to LaDonna Atkins, $2,430.00, plus sales tax. S396. Paid cash to Daniel Promotions for advertising, 5610.00. C522. Paid cash to City Utilities for electric bill, $352.50. C523. Purchased merchandise on account from Quitman Manufacturing, $4,838.00. P316. 15 Sold merchandise on account to Coastal County Schools, $3,463.00. Coastal County Schools is exempt from sales tax. S397. 16 Granted credit to Larry Simpson for merchandise returned, $239.00, plus sales tax, $14.34; total, $253.34. CM21. Recorded cash and credit card sales, S6,158.90, plus sales tax, $334.04; total, $6,492.94. TS49. Returned merchandise to Jing Corporation, $556.00. DM8. Received cash on account from Joseph Greggs, $2,234.15. R290. Paid cash for dividend declared December 3. C524. Paid cash to replenish the petty cash fund: advertising expense, $52.00; miscellaneous, $35.00; cash short, $2.00. C525. 12 13 14 17 18 22 28 30 PAGE 12 GENERAL JOURNAL DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT 1 1 2 2 3 3 4 5 5 6 6 7 7 8 8 9 9 PAGE 12 SALES JOURNAL DATE ACCOUNT DEBITED SALE NO. POST. REF. ACCOUNTS RECEIVABLE DEBIT SALES CREDIT SALES TAX PAYABLE CREDIT 1 1 2 2 3 3 PURCHASES JOURNAL DATE ACCOUNT CREDITED PURCH. NO. POST. REF. PURCHASES DR. ACCTS. PAY. CR. 1 1 2 2 PAGE 12 CASH RECEIPTS JOURNAL DATE ACCOUNT TITLE POST DOC. NO. REF. GENERAL DEBIT CREDIT ACCOUNTS RECEIVABLE SALES CREDIT CREDIT SALES TAX PAYABLE CREDIT SALES DISCOUNT DEBIT CASH DEBIT 1 1 2 2 3 3 PAGE 15 CASH PAYMENTS JOURNAL GENERAL DATE ACCOUNT TITLE CK. NO. POST REF. ACCOUNTS PAYABLE DEBIT PURCHASES DISCOUNT CREDIT CASH CREDIT DEBIT CREDIT . 1 2 5 3 4 5 6 7 B 8 TAL SCORE: 0/52 Grado Step 1 (to complete this step and unlock the next step) 1 2 4 6 8 9 10 December Transactions: Dec. Sold merchandise on account to Larry Simpson, S4,790.00, plus sales tax. S395. Paid cash to Perkins Properties for rent, $810.00. C518. 3 The board of directors declared a dividend of $0.70 per share; capital stock issued is 22,000 shares. M68. Received cash on account from Coastal County Schools, $834.80, less 2% sales discount. R289. 5 Paid cash to Ulman Paper for office supplies, $179.00. C519 Paid cash on account to Jing Corporation for $2,643.00, less 2% discount. C520. 7 Purchased merchandise on account from Wilson Metals, $9,200.00, less a 60% trade discount. P315. Bought office supplies on account from Barger Office Supply, $168.00. M69. Paid cash to Dave's Signs for miscellaneous expense, $67.00. C521. Sold merchandise on account to LaDonna Atkins, $2,430.00, plus sales tax. S396. Paid cash to Daniel Promotions for advertising, 5610.00. C522. Paid cash to City Utilities for electric bill, $352.50. C523. Purchased merchandise on account from Quitman Manufacturing, $4,838.00. P316. 15 Sold merchandise on account to Coastal County Schools, $3,463.00. Coastal County Schools is exempt from sales tax. S397. 16 Granted credit to Larry Simpson for merchandise returned, $239.00, plus sales tax, $14.34; total, $253.34. CM21. Recorded cash and credit card sales, S6,158.90, plus sales tax, $334.04; total, $6,492.94. TS49. Returned merchandise to Jing Corporation, $556.00. DM8. Received cash on account from Joseph Greggs, $2,234.15. R290. Paid cash for dividend declared December 3. C524. Paid cash to replenish the petty cash fund: advertising expense, $52.00; miscellaneous, $35.00; cash short, $2.00. C525. 12 13 14 17 18 22 28 30 PAGE 12 GENERAL JOURNAL DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT 1 1 2 2 3 3 4 5 5 6 6 7 7 8 8 9 9 PAGE 12 SALES JOURNAL DATE ACCOUNT DEBITED SALE NO. POST. REF. ACCOUNTS RECEIVABLE DEBIT SALES CREDIT SALES TAX PAYABLE CREDIT 1 1 2 2 3 3 PURCHASES JOURNAL DATE ACCOUNT CREDITED PURCH. NO. POST. REF. PURCHASES DR. ACCTS. PAY. CR. 1 1 2 2 PAGE 12 CASH RECEIPTS JOURNAL DATE ACCOUNT TITLE POST DOC. NO. REF. GENERAL DEBIT CREDIT ACCOUNTS RECEIVABLE SALES CREDIT CREDIT SALES TAX PAYABLE CREDIT SALES DISCOUNT DEBIT CASH DEBIT 1 1 2 2 3 3 PAGE 15 CASH PAYMENTS JOURNAL GENERAL DATE ACCOUNT TITLE CK. NO. POST REF. ACCOUNTS PAYABLE DEBIT PURCHASES DISCOUNT CREDIT CASH CREDIT DEBIT CREDIT . 1 2 5 3 4 5 6 7 B 8 TAL SCORE: 0/52 Grado Step 1 (to complete this step and unlock the next step)