29 Cash Receipts Cash receipts for the previous week, golf $3015 00, food $870 45, plus HST of $505 11, total $4390 56 30 Cheque Copy No 663, cash payment for heat and electricity for the month, $899 52 plus HST of $116 94, total $1016 46 31 Cheque Copy No 664, cash payment for cellular telephone service for the month, $212 50 plus HST of $27 63, total $240 13 31 Cheque Copy No 665, to the owner, for personal use, $1400 00 31 Cheque Copy No 666, to the Receiver General, paying the net HST for Septem ber, $787 50 B Balance the ledger by means of a trial balance C Prepare an income statement for the 10 months ended October 31 D Prepare a balance sheet for October 31 Use Figure 5 8 on page 155 as your guide 5 Bank Debit Memo Bank charges and loan interest for September, $825 17 7 Cheque Copy No 653, for wages for the week, $1225 00 (For simplicity, normal payroll deductions are not considered ) 8 Cash Receipts Cash receipts for previous week, golf $3006 00, food $735 00, plus HST of $486 33, total $4227 33 9 Cheque Copy No 654, to Main Supply, payment of debt owing, $1890 65 10 Purchase Invoice From Blair's Automotive for truck repairs, $330 00 plus HST of $42 90, total $372 90 11 Purchase Invoice From Pro Equipment for golf supplies, $264 60 plus HST of $34 40, total $299 00 13 Cheque Copy No 655, to the owner, for personal use, $1500 00 14 Cheque Copy No 656, for wages for the week, $1175 00 15 Cash Receipts Cash receipts for previous week, golf $2880 00, food $705 00, plus HST of $466 05, total $4051 05 15 Electronic Funds Transfer Through the online banking site, paid $5000 to reduce the principal amount of the bank loan, confirmation number 654008A 17 Purchase Invoice From Pro Equipment for repairs to lawn mowers, $600 00 plus HST of $78,00, total $678 00 18 Cheque Copy No 657, to Roger's Automotive for repair to the business vehicle, $842 25 plus HST of $109 49, total $951 74 20 Cheque Copy No 658, to Greco Investments, for mortgage payment, mortgage interest $779 16, loan reduction $1000,00, total $1779 16 21 Cheque Copy No 659, for wages for the week, $1225 00 22 Cash Receipts Cash receipts for the previous week, golf $3300 00, food $750 22, plus HST of $526 53, total $4576 75 23 Cheque Copy No 660, to Pro Equipment, for partial payment of debt owing $2000 00 24 Purchase Invoice From Main Supply, for office supplies, $142 50 plus HST of $18 53, total $161 03 25 Purchase Invoice From Blair's Automotive, for auto equipment repairs, $435 00 plus HST of $56 55, total $491 55 26 Cheque Copy No 661, for the wages for the week, $1195 00 28 Cheque Copy No 662, for the cash purchase of miscellaneous expense item, $127 50 plus HST of $16 58, total $144 08 A Journalize and post the transactions below for the month of October Use page 28 of the journal TRANSACTIONS October 2 Cheque Copy No 652, cash purchase of miscellaneous expense item, $232 50 plus HST of $30 23, total $262 73 4 Purchase Invoice From Main Supply for fertilizer, $1425 30 plus HST of $185 29, total $1610 59 7 Harbour Golf Links is owned by Shirley Ngakien She operates the par three golf course and driving range The trial balance of the business on September 30, 20 is shown on the next page Harbour Golf Links charges 13 HST on all sales, rentals, and food items HARBOUR GOLF LINKS TRIAL BALANCE SEPTEMBER 30, 20 No Accounts Debies Credits 101 Bank 8 7 5 0 20 105 Supplies Golf Course 10 2 3 6 1 10 Supplies Office 3 2 6 5 25 1 15 Property 225 1 1 2 65 120 Buildings 128 0 40 125 Automotive Equipment 30 9 5 6 130 Maintenance Equipment 22 6 5 0 60 201 Bank Loan 120 0 0 0 205 A P Blair's Automotive 2 5 0 50 210 A P Main Supply 1 8 9 0 65 215 A P Pro Equipment 3 5 8 2 10 220 HST Payable 10 65 225 HST Recoverable 2 7 7 50 230 Mortgage Payable 170 0 0 0 301 Shirley Ngakien, Capital 142 0 2 7 46 305 Shirley Ngakien, Drawings 27 0 0 0 401 Revenue Golf 89 9 8 2 50 405 Revenue Food 23 8 7 5 75 50 Automotive Expense 8 9 4 4 52 505 Bank Charges Expense 7 8 4 2 25 510 Maintenance Expense 15 8 4 6 28 515 Miscellaneous Expense 1 5 2 5 75 520 Mortgage Interest Expense 6 3 7 5 525 Telephone Expense 1 0 2 8 33 530 Utilities Expense 9 2 7 5 68 535 Wages Expense 45 5 4 7 95 552 6 7 3 96 552 6 7 3 96

Question

29 Cash Receipts Cash receipts for the previous week, golf $3015 00, food $870 45, plus HST of $505 11, total $4390 56  30 Cheque Copy No  663, cash payment for heat and electricity for the month, $899 52 plus HST of $116 94, total $1016 46  31 Cheque Copy No  664, cash payment for cellular telephone service for the month, $212 50 plus HST of $27 63, total $240 13  31 Cheque Copy No  665, to the owner, for personal use, $1400 00  31 Cheque Copy No  666, to the Receiver General, paying the net HST for Septem  ber, $787 50  B  Balance the ledger by means of a trial balance  C  Prepare an income statement for the 10 months ended October 31  D  Prepare a balance sheet for October 31  Use Figure 5 8 on page 155 as your guide 5 Bank Debit Memo Bank charges and loan interest for September, $825 17  7 Cheque Copy No  653, for wages for the week, $1225 00  (For simplicity, normal payroll deductions are not considered ) 8 Cash Receipts Cash receipts for previous week, golf $3006 00, food $735 00, plus HST of $486 33, total $4227 33  9 Cheque Copy No  654, to Main Supply, payment of debt owing, $1890 65  10 Purchase Invoice From Blair's Automotive for truck repairs, $330 00 plus HST of $42 90, total $372 90  11 Purchase Invoice From Pro Equipment for golf supplies, $264 60 plus HST of $34 40, total $299 00  13 Cheque Copy No  655, to the owner, for personal use, $1500 00  14 Cheque Copy No  656, for wages for the week, $1175 00  15 Cash Receipts Cash receipts for previous week, golf $2880 00, food $705 00, plus HST of $466 05, total $4051 05  15 Electronic Funds Transfer Through the online banking site, paid $5000 to reduce the principal amount of the bank loan, confirmation number 654008A  17 Purchase Invoice From Pro Equipment for repairs to lawn mowers, $600 00 plus HST of $78,00, total $678 00  18 Cheque Copy No  657, to Roger's Automotive for repair to the business vehicle, $842 25 plus HST of $109 49, total $951 74  20 Cheque Copy No  658, to Greco Investments, for mortgage payment, mortgage interest $779 16, loan reduction $1000,00, total $1779 16  21 Cheque Copy No  659, for wages for the week, $1225 00  22 Cash Receipts Cash receipts for the previous week, golf $3300 00, food $750 22, plus HST of $526 53, total $4576 75  23 Cheque Copy No  660, to Pro Equipment, for partial payment of debt owing  $2000 00  24 Purchase Invoice From Main Supply, for office supplies, $142 50 plus HST of $18 53, total $161 03  25 Purchase Invoice From Blair's Automotive, for auto equipment repairs, $435 00 plus HST of $56 55, total $491 55  26 Cheque Copy No  661, for the wages for the week, $1195 00  28 Cheque Copy No  662, for the cash purchase of miscellaneous expense item, $127 50 plus HST of $16 58, total $144 08 A  Journalize and post the transactions below for the month of October  Use page 28 of the journal  TRANSACTIONS October 2 Cheque Copy No  652, cash purchase of miscellaneous expense item, $232 50 plus HST of $30 23, total $262 73  4 Purchase Invoice From Main Supply for fertilizer, $1425 30 plus HST of $185 29, total $1610 59 7  Harbour Golf Links is owned by Shirley Ngakien  She operates the par  three golf course and driving range  The trial balance of the business on September 30, 20  is shown on the next page  Harbour Golf Links charges 13  HST on all sales, rentals, and food items  HARBOUR GOLF LINKS TRIAL BALANCE SEPTEMBER 30, 20  No  Accounts Debies Credits 101 Bank 8 7 5 0 20 105 Supplies   Golf Course 10 2 3 6  1 10 Supplies   Office 3 2 6 5 25 1 15 Property 225 1 1 2 65 120 Buildings 128 0 40   125 Automotive Equipment 30 9 5 6 130 Maintenance Equipment 22 6 5 0 60 201 Bank Loan 120 0 0 0 205 A P   Blair's Automotive 2 5 0 50 210 A P   Main Supply 1 8 9 0 65 215 A P   Pro Equipment 3 5 8 2 10 220 HST Payable 10 65   225 HST Recoverable 2 7 7 50 230 Mortgage Payable 170 0 0 0 301 Shirley Ngakien, Capital 142 0 2 7 46 305 Shirley Ngakien, Drawings 27 0 0 0 401 Revenue   Golf 89 9 8 2 50 405 Revenue   Food 23 8 7 5 75 50 Automotive Expense 8 9 4 4 52 505 Bank Charges Expense 7 8 4 2 25 510 Maintenance Expense 15 8 4 6 28 515 Miscellaneous Expense 1 5 2 5 75 520 Mortgage Interest Expense 6 3 7 5   525 Telephone Expense 1 0 2 8 33 530 Utilities Expense 9 2 7 5 68 535 Wages Expense 45 5 4 7 95 552 6 7 3 96 552 6 7 3 96

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29 Cash Receipts Cash receipts for the previous week, golf $3015.00, food $870.45, plus HST of $505.11, total $4390.56. 30 Cheque Copy No. 663, cash

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