530,380 for merchandise retumod phioe to Eabea paying the oripinal invoice. The cost of the morchandise retumed is 516,760 . Joumakre Showcase Co. J entribs for (a) the sale, incuiding the cost of the goods sold. (b) the crodi memo, incuding the cost of the rotumod morchandise, and (c) the receipt of the check for the amount dwe from Babca Co. Aoter to the Chart of Accocints for exact wording of acoount ftibs. CHART OF ACCOUNTS Showcase Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable-Balboa Co. 610 Rent Revenue 125 Notes Recelvable 130 Inventory EXPENSES 131 Estimated Returns inventory 501 Cost of Goods Sold 140 Otfice Supplies 521 Dellvery Expense 141 Store Supplies 522 Advertising Expense 142 Prepaid insurance 524 Depreclation Expense-Store Equipment 180 Land 525 Depreclation Expense-Ofice Equipment 192 Store Equipment 531 Rent Expense 193 Accumulated Depreciation-Store Equipment 533 Insurance Expense 194 Office Equipment 534 Store Supplies Expense 195 Accumulated Depreciation-Office Equipment 535 Office Supplies Expense thart of Accounts 142 Prepaid Insurance 524 Depreciation Expense-Store Equipment 180 Land 525 Depreciation Expense-Office Equipment 192 Store Equipment 531 Rent Expense 193 Accumulated Depreciation-Store Equipment 533 Insurance Expense 194 Office Equipment 534 Store Supplies Expense 195 Accumulated Depreciation-Office Equipment 535 Ofice Supplies Expense 536 Credit Card Expense LIABILITIES 539 Miscellaneous Expense 210 Accounts Payable 710 Interest Expense 218 Sales Tax Payable 219 Customer Refunds Payable 220 Uneamed Rent 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Joumalire Showcase Co. \& entries for (a) the sale, including the cost of the goods soid, (o) bhe crodt momo, including the cost of the rotumed merchandse, and (c) the mecept of the check for the amount due trom Babou Compary. For gradting puposes, use Decembor 31 as Bhe dote for at fransactons, Refor bo the Chavi of Accounts for exact wordhy of aceount skes. 530,380 for merchandise retumod phioe to Eabea paying the oripinal invoice. The cost of the morchandise retumed is 516,760 . Joumakre Showcase Co. J entribs for (a) the sale, incuiding the cost of the goods sold. (b) the crodi memo, incuding the cost of the rotumod morchandise, and (c) the receipt of the check for the amount dwe from Babca Co. Aoter to the Chart of Accocints for exact wording of acoount ftibs. CHART OF ACCOUNTS Showcase Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable-Balboa Co. 610 Rent Revenue 125 Notes Recelvable 130 Inventory EXPENSES 131 Estimated Returns inventory 501 Cost of Goods Sold 140 Otfice Supplies 521 Dellvery Expense 141 Store Supplies 522 Advertising Expense 142 Prepaid insurance 524 Depreclation Expense-Store Equipment 180 Land 525 Depreclation Expense-Ofice Equipment 192 Store Equipment 531 Rent Expense 193 Accumulated Depreciation-Store Equipment 533 Insurance Expense 194 Office Equipment 534 Store Supplies Expense 195 Accumulated Depreciation-Office Equipment 535 Office Supplies Expense thart of Accounts 142 Prepaid Insurance 524 Depreciation Expense-Store Equipment 180 Land 525 Depreciation Expense-Office Equipment 192 Store Equipment 531 Rent Expense 193 Accumulated Depreciation-Store Equipment 533 Insurance Expense 194 Office Equipment 534 Store Supplies Expense 195 Accumulated Depreciation-Office Equipment 535 Ofice Supplies Expense 536 Credit Card Expense LIABILITIES 539 Miscellaneous Expense 210 Accounts Payable 710 Interest Expense 218 Sales Tax Payable 219 Customer Refunds Payable 220 Uneamed Rent 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Joumalire Showcase Co. \& entries for (a) the sale, including the cost of the goods soid, (o) bhe crodt momo, including the cost of the rotumed merchandse, and (c) the mecept of the check for the amount due trom Babou Compary. For gradting puposes, use Decembor 31 as Bhe dote for at fransactons, Refor bo the Chavi of Accounts for exact wordhy of aceount skes
