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1 . Journalize the transactions provided below in the General Journal. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER NAME Angel Garcia NAME Mark Parsons NAME Dana Longview NAME
Journalize the transactions provided below in the General Journal. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER NAME Angel Garcia NAME Mark Parsons NAME Dana Longview NAME Eduardo Quintana NAME Daisy Rangel NAME Kevin SandarsACCOUNTS PAYABLE SUBSIDIARY LEDGER Keys Wholesale NAME American Products NAME Edible Pursuits Duke's Designs Fryes Electronics Enter the beginning balances to each of the accounts provided below into the General Ledgers. Post all general journal transactions to the respective general ledger accounts. Post to the Accounts Receivable Subledger. Prepare the Schedule of Accounts Receivable. Post to the Accounts Payable Subledger Prepare the Schedule of Accounts Payable. Prepare a Bank Reconciliation. General ledger account balances as of May Account Title Account No General Ledger Balance on May Cash $ Accounts Receivable $ Purchases $ Accounts Payable $ Sales Tax Payable $ Sales $ Sales Return and Allowances $ Wages Expense $ Accounts Receivable Account Balances as of May Accounts Payable Account Balances as of May Customer Account Balance Customer Account Balance Angel Garcia $ Keys Wholesale $ Mark Parsons $ Custom Works $ Dana Longview $ American Products $ Eduardo Quintana $ Edible Pursuits $ Daisy Rangel $ Duke's Designs $ Kevin Sanders $ Fryes Elecrtonics $ Transactions May : Purchased merchandise from Keys Wholesale on account for $ Invoice No Dated May terms n May : Purchased merchandise from Fryes Electronics on account for $ Invoice no Dated May terms n May : Sold merchandise on account to Dana Longview for $ plus tax of Sale No May : Sold merchandise on account to Daisy Rangel for $ plus tax of Sale No May : Received payment from Kevin Sanders on account, $ May : Issued a Credit Memo No to Mark Parsons for merchandise returned that had sold on account, $ May : Issued a check No to Keys Wholesale, Invoice hint: invoice terms May : Received payment from Daisy Rangel on account, $ May : Sold merchandise on account to Eduardo Quintana for $ plus tax of Sale no May : Received a Credit Memo from Edibile Pursuits for credit for event on April for $ May : Received payment from Angel Garcia for half of the amount on account balance. May : Purchased merchandise from Custom Works on account for $ plus tax of Invoice No terms n May : Received a credit memo from Custom Works for merchandise purchased on May for $ May : Sold merchandise on account to Kevin Sandar for $ plus tax of Sale No May : Sold merchandise for Cash to Mark Parsons for $ plus tax of Sales May : Issued Credit Memo for merchandise returned that had been sold on account to Dana Longview, $hint: sales tax May : Issued a Check No to Custom Works for merchandise purchased on May hint: invoice terms May : Received payment from Eduard Quintana on account for $ May : Sold merchandise on account to Angel Garcia for $ plus tax of Sale No May : Received payment from Dana Longview on account for $ May : Purchased merchandise from Fryes Electronics on account for $ Invoice terms n May : Sold merchandise on account to Eduardo Quintana for $ plus tax of Sale No May : Issued check No to American Products for cash payment of merchandise on account for $ May : Issued check to Fryes Electronics in payment of Invoice hint: invoice terms Bank Reconciliation Information: Balance per bank statement as of May was $ Balance per Hughes Companys Cash account at May was $ A late deposit on May did not appear on the bank statement, $ Outstanding checks as of May totaled $ The Bank Service Charge was $
Journalize the transactions provided below in the General Journal. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
NAME Angel Garcia
NAME
Mark Parsons
NAME Dana Longview
NAME
Eduardo Quintana
NAME
Daisy Rangel
NAME
Kevin SandarsACCOUNTS PAYABLE SUBSIDIARY LEDGER
Keys Wholesale
NAME American Products
NAME
Edible Pursuits
Duke's Designs
Fryes Electronics
Enter the beginning balances to each of the accounts provided below into the General Ledgers.
Post all general journal transactions to the respective general ledger accounts.
Post to the Accounts Receivable Subledger.
Prepare the Schedule of Accounts Receivable.
Post to the Accounts Payable Subledger
Prepare the Schedule of Accounts Payable.
Prepare a Bank Reconciliation.
General ledger account balances as of May
Account Title Account No General Ledger Balance on May
Cash $
Accounts Receivable $
Purchases $
Accounts Payable $
Sales Tax Payable $
Sales $
Sales Return and Allowances $
Wages Expense $
Accounts Receivable Account Balances as of
May Accounts Payable Account Balances as of May
Customer Account Balance Customer Account Balance
Angel Garcia $ Keys Wholesale $
Mark Parsons $ Custom Works $
Dana Longview $ American Products $
Eduardo Quintana $ Edible Pursuits $
Daisy Rangel $ Duke's Designs $
Kevin Sanders $ Fryes Elecrtonics $
Transactions
May : Purchased merchandise from Keys Wholesale on account for $ Invoice No Dated May terms n
May : Purchased merchandise from Fryes Electronics on account for $ Invoice no Dated May terms n
May : Sold merchandise on account to Dana Longview for $ plus tax of Sale No
May : Sold merchandise on account to Daisy Rangel for $ plus tax of Sale No
May : Received payment from Kevin Sanders on account, $
May : Issued a Credit Memo No to Mark Parsons for merchandise returned that had sold on account, $
May : Issued a check No to Keys Wholesale, Invoice hint: invoice terms
May : Received payment from Daisy Rangel on account, $
May : Sold merchandise on account to Eduardo Quintana for $ plus tax of Sale no
May : Received a Credit Memo from Edibile Pursuits for credit for event on April for $
May : Received payment from Angel Garcia for half of the amount on account balance.
May : Purchased merchandise from Custom Works on account for $ plus tax of Invoice No terms n
May : Received a credit memo from Custom Works for merchandise purchased on May for $
May : Sold merchandise on account to Kevin Sandar for $ plus tax of Sale No
May : Sold merchandise for Cash to Mark Parsons for $ plus tax of Sales
May : Issued Credit Memo for merchandise returned that had been sold on account to Dana Longview, $hint: sales tax
May : Issued a Check No to Custom Works for merchandise purchased on May hint: invoice terms
May : Received payment from Eduard Quintana on account for $
May : Sold merchandise on account to Angel Garcia for $ plus tax of Sale No
May : Received payment from Dana Longview on account for $
May : Purchased merchandise from Fryes Electronics on account for $ Invoice terms n
May : Sold merchandise on account to Eduardo Quintana for $ plus tax of Sale No
May : Issued check No to American Products for cash payment of merchandise on account for $
May : Issued check to Fryes Electronics in payment of Invoice hint: invoice terms
Bank Reconciliation Information:
Balance per bank statement as of May was $
Balance per Hughes Companys Cash account at May was $
A late deposit on May did not appear on the bank statement, $
Outstanding checks as of May totaled $
The Bank Service Charge was $
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