14. From the following transactions for Edna Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. You will have to set up your own accounts receivable subsidiary ledger and general journal as needed. All sales terms are 2/10 n/30. 2018 June Edna Cares invested $5,000 in the business. Sold merchandise on account to Boston Co., invoice No. 218, $700. Cost of inventory, $525. Sold merchandise on account to Gary Co., invoice No. 219, $1,100. Cost of inventory, $825. Cash sale, $200. Issued credit memorandum No. 24 to Boston Co. for defective merchandise, $200.00. Received cheque from Boston Co. for invoice No. 218 less returns and discount. Cash sale, $400. Sold merchandise on account to Boston Co., invoice No. 220, $600. Cost of inventory, $450. 6. 10 16 17 Page 1 Cost of Goods SALES JOURNAL Dr. Accounts Invoice Post Receivable Sold Dr. Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase of 10 Page 1 Cost of Goods Sold Dr. SALES JOURNAL Dr. Accounts Invoice Post Receivable Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. CASH RECEIPTS JOURNAL Page 1 Sales Accounts Sundry Cr. Cash Discounts Receivable Sales Account Names Post Amount Date Dr. Dr. Cr. Cr. Ref. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 GENERAL JOURNAL Account Title and Description Page 1 Cr. Date Post Dr. Ref. ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view| A Read aloud V Draw Y Highlight O Erase 8 of 10 ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 2:58 PM P Type here to search CP O , 2 4) ENG 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 Inventory 150 Sales Returns and Allowances 412 P Type here to search CP O , 9 4) ENG 2:58 PM 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address O Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 Edna Co. Schedule of Accounts Receivable June 30, 2018 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 14. From the following transactions for Edna Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. You will have to set up your own accounts receivable subsidiary ledger and general journal as needed. All sales terms are 2/10 n/30. 2018 June Edna Cares invested $5,000 in the business. Sold merchandise on account to Boston Co., invoice No. 218, $700. Cost of inventory, $525. Sold merchandise on account to Gary Co., invoice No. 219, $1,100. Cost of inventory, $825. Cash sale, $200. Issued credit memorandum No. 24 to Boston Co. for defective merchandise, $200.00. Received cheque from Boston Co. for invoice No. 218 less returns and discount. Cash sale, $400. Sold merchandise on account to Boston Co., invoice No. 220, $600. Cost of inventory, $450. 6. 10 16 17 Page 1 Cost of Goods SALES JOURNAL Dr. Accounts Invoice Post Receivable Sold Dr. Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase of 10 Page 1 Cost of Goods Sold Dr. SALES JOURNAL Dr. Accounts Invoice Post Receivable Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. CASH RECEIPTS JOURNAL Page 1 Sales Accounts Sundry Cr. Cash Discounts Receivable Sales Account Names Post Amount Date Dr. Dr. Cr. Cr. Ref. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 GENERAL JOURNAL Account Title and Description Page 1 Cr. Date Post Dr. Ref. ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view| A Read aloud V Draw Y Highlight O Erase 8 of 10 ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 2:58 PM P Type here to search CP O , 2 4) ENG 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 Inventory 150 Sales Returns and Allowances 412 P Type here to search CP O , 9 4) ENG 2:58 PM 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address O Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 Edna Co. Schedule of Accounts Receivable June 30, 2018 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 14. From the following transactions for Edna Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. You will have to set up your own accounts receivable subsidiary ledger and general journal as needed. All sales terms are 2/10 n/30. 2018 June Edna Cares invested $5,000 in the business. Sold merchandise on account to Boston Co., invoice No. 218, $700. Cost of inventory, $525. Sold merchandise on account to Gary Co., invoice No. 219, $1,100. Cost of inventory, $825. Cash sale, $200. Issued credit memorandum No. 24 to Boston Co. for defective merchandise, $200.00. Received cheque from Boston Co. for invoice No. 218 less returns and discount. Cash sale, $400. Sold merchandise on account to Boston Co., invoice No. 220, $600. Cost of inventory, $450. 6. 10 16 17 Page 1 Cost of Goods SALES JOURNAL Dr. Accounts Invoice Post Receivable Sold Dr. Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase of 10 Page 1 Cost of Goods Sold Dr. SALES JOURNAL Dr. Accounts Invoice Post Receivable Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. CASH RECEIPTS JOURNAL Page 1 Sales Accounts Sundry Cr. Cash Discounts Receivable Sales Account Names Post Amount Date Dr. Dr. Cr. Cr. Ref. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 GENERAL JOURNAL Account Title and Description Page 1 Cr. Date Post Dr. Ref. ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view| A Read aloud V Draw Y Highlight O Erase 8 of 10 ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 2:58 PM P Type here to search CP O , 2 4) ENG 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 Inventory 150 Sales Returns and Allowances 412 P Type here to search CP O , 9 4) ENG 2:58 PM 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address O Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 Edna Co. Schedule of Accounts Receivable June 30, 2018 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 14. From the following transactions for Edna Co., when appropriate, journalize, record, post, and prepare a schedule of accounts receivable. You will have to set up your own accounts receivable subsidiary ledger and general journal as needed. All sales terms are 2/10 n/30. 2018 June Edna Cares invested $5,000 in the business. Sold merchandise on account to Boston Co., invoice No. 218, $700. Cost of inventory, $525. Sold merchandise on account to Gary Co., invoice No. 219, $1,100. Cost of inventory, $825. Cash sale, $200. Issued credit memorandum No. 24 to Boston Co. for defective merchandise, $200.00. Received cheque from Boston Co. for invoice No. 218 less returns and discount. Cash sale, $400. Sold merchandise on account to Boston Co., invoice No. 220, $600. Cost of inventory, $450. 6. 10 16 17 Page 1 Cost of Goods SALES JOURNAL Dr. Accounts Invoice Post Receivable Sold Dr. Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase of 10 Page 1 Cost of Goods Sold Dr. SALES JOURNAL Dr. Accounts Invoice Post Receivable Date Account Debited Terms No. Ref. Cr. Sales Inventory Cr. CASH RECEIPTS JOURNAL Page 1 Sales Accounts Sundry Cr. Cash Discounts Receivable Sales Account Names Post Amount Date Dr. Dr. Cr. Cr. Ref. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 GENERAL JOURNAL Account Title and Description Page 1 Cr. Date Post Dr. Ref. ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address (D Page view| A Read aloud V Draw Y Highlight O Erase 8 of 10 ACCOUNTS RECEIVABLE LEDGER Boston Co. Gary Co. PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 2:58 PM P Type here to search CP O , 2 4) ENG 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address D Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 PARTIAL GENERAL LEDGER Cash 111 E. Cares, Capital 311 Sales Discounts 413 Accounts Receivable 113 Sales 411 Cost of Goods Sold 550 Inventory 150 Sales Returns and Allowances 412 P Type here to search CP O , 9 4) ENG 2:58 PM 2021-08-23 Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address O Page view A Read aloud V Draw Y Highlight O Erase 8 of 10 Edna Co. Schedule of Accounts Receivable June 30, 2018 2:58 PM P Type here to search CP O , 9 4) ENG 2021-08-23