Assume Fresh Springs Glass Company uses the perpetual inventory system. The general ledger of Fresh Springs Glass Compan includes the following selected accounts, along with their account numbers: (Click on the icon to view the accounts.) Sales and cash receipts transactions in July were as follows: (Click on the icon to view the transactions.) Read the requirements Requirement 1, 2, and 3. Use the appropriate journal to record the preceding transactions in a sales journal (omit the invoice No. column) and a cash receipts joumal (omit the Sales Discounts Forfeited column). Total each column of the sales joumal and the cash receipts journal. Show that total debits equal total credits. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals. Begin with the sales journal. Enter the transactions and total the journal. (Assume all postings are made to the applicable ledgers If a box is not used in the journal leave the box empty; do not select information and do not enter a zero.) Assume Fresh Springs Glass Company uses the perpetual inventory system. The general ledger of Fresh Springs Glass Company includes the Show how total debits equal total credits. Record the appropriate transactions in the cash receipts journal. (If a box is not used in the journal leave the box empty, do not select information and do not enter a zero. Select "X" if the column total is not posted. Abbreviations used: Rec. = Receivables, Rev, = Revenue, Accts = Accounts, Inv = Inventory) Show how total debits equal total credits. Data table Requirements folis detuts equat istal creotir Assume Fresh Springs Glass Company uses the perpetual inventory system. The general ledger of Fresh Springs Glass Compan includes the following selected accounts, along with their account numbers: (Click on the icon to view the accounts.) Sales and cash receipts transactions in July were as follows: (Click on the icon to view the transactions.) Read the requirements Requirement 1, 2, and 3. Use the appropriate journal to record the preceding transactions in a sales journal (omit the invoice No. column) and a cash receipts joumal (omit the Sales Discounts Forfeited column). Total each column of the sales joumal and the cash receipts journal. Show that total debits equal total credits. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals. Begin with the sales journal. Enter the transactions and total the journal. (Assume all postings are made to the applicable ledgers If a box is not used in the journal leave the box empty; do not select information and do not enter a zero.) Assume Fresh Springs Glass Company uses the perpetual inventory system. The general ledger of Fresh Springs Glass Company includes the Show how total debits equal total credits. Record the appropriate transactions in the cash receipts journal. (If a box is not used in the journal leave the box empty, do not select information and do not enter a zero. Select "X" if the column total is not posted. Abbreviations used: Rec. = Receivables, Rev, = Revenue, Accts = Accounts, Inv = Inventory) Show how total debits equal total credits. Data table Requirements folis detuts equat istal creotir
