COMBINATION JOURNAL ACCOUNT TITLE DOC POST NO. REF GENERAL ACCOUNTS RECEIVABLE SALES SALES TAX PAYABLE DEBIT CREDIT DEBIT CREDIT CREDIT CREDIT DEBIT ACCOUNTS PAYABLE CREDIT PURCHASES CASH DEBIT DEBIT have been omitted ied Forward 0 0 1,264.12 1,380.81 12,397 495.88 0 0 13,009.57 ACCOUNT TITLE this row blank other CREDIT Page DOC POST NO. REF GENERAL ACCOUNTS RECEIVABLE DEBIT CREDIT DEBIT CREDIT SALES CREDIT SALES TAX PAYABLE CREDIT ACCOUNTS PAYABLE DEBIT CREDIT PURCHASES DEBIT CASH DEBIT CREDIT Page Prove Debits Credits Debits= Credits Page Debits= Credits Prove Cash (complete if instructed) Cash on Hand (beginning) Plus Cash Debit Subtotal Minus Cash Credit Equals cash balance on hand at end of the month [ Checkbook Balance on the next unused check stub 0 32 11-5 MASTERY PROBLEM Journalizing sales and cash receipts transactions; proving and ruling a journal Jose Manuel and Beth Rose, partners, own Neat Look, a clothing accessories boutique. Partial journal pages 19 and 20 for Neat Look are given in the Working Papers Instructions: 1. October 24 column totals to be carried forward have been entered on line 32 of journal page 19. Prove 19. the equality of debits and credits and rule the column totals of journal page 2. Record the totals brought forward from journal page 19 to line 1 of page 20 of the journal. Prove the equality of debits and credits again. 3. Journalize the following transactions completed during the remainder of October on journal page 20. Sales tax rate is 4%. Source documents are abbreviated as follows: receipt, R; sales invoice, S; cash reg ister tape, T. Transactions: Oct. 25. Received cash on account from Bertha Libby, $143.00, covering S77. R104. 26. Sold merchandise on account to Bertha Libby, $192.50, plus sales tax, $7.70; total, $200.20. $81. 27. Recorded cash and credit card sales, $2,915.00, plus sales tax, $116.60; total, $3,031.60. T27. 29. Received cash on account from Jack Olson, $97.24, covering $78. R105. 30. Sold merchandise on account to Lisa Gardiner, $104.50, plus sales tax, $4.18; total, $108.68. S82. 31. Recorded cash and credit card sales, $1,694.00, plus sales tax, $67.76; total, $1,761.76. T31. 4. Total the journal. Prove the equality of debits and credits. 5. Rule the journal