Can u help me on questions 8, 9, 10, 11a, 11b, and 12? Thanks!!
(a) When do companies normally post to (1) the subsidiary se a. Recording counts and (2) the general ledger control accounts? (b) Describe the b. Credit giv relationship between a control account and a subsidiary ledger. and retur Identify and explain the four special journals discussed in the chap e. Sales of ter. List an advantage of using each of these journals rather than using d. Sales of oply a general journal. e. Collecti Kensington Company uses special journals. It recorded in a sales journal a sale made on account to R. Stiner for $435. A few days later, f. Purcha R. Stiner returns $70 worth of merchandise for credit. Where should 14. In wha Kensington Company record the sales return? Why? (Assume th 9. A $500 purchase of merchandise on account from Lore Com chases jou pany was properly recorded in the purchases journal. When posted a. Cash however, the amount recorded in the subsidiary ledger was $50. How b. Inve! mirghthis error be discovered? c. Clos 10. Why would special journals used in different businesses not be identical in format? What type of business would maintain a cash d. Pur receipts journal but not include a column for accounts receivable? 11. The cash and the accounts receivable columns in the cash re- ceipts journal were mistakenly over-added by $4,000 at the end of f. Pa the month. (a) Will the customers' ledger agree with the Accounts 15. Receivable control account? (b) Assuming no other errors, will the purch trial balance totals be equal? chase 12. One column total of a special journal is posted at month-end to only two general ledger accounts. One of these two accounts is Accounts caus Receivable. What is the name of this special journal? What is the other gen general ledger account to which that same month-end total is posted? det 13. In what journal would the following transactions be recorded? 17 (Assume that a two-column sales journal and a single-column pur- chases journal are used.) e. Cro su 16