Comprehensive Question -Chapter 7 Balance Column Accounts - Ledger Name You landed a summer internship at Gecko Graphics. Ryan Gecko, who is the owner, has asked you to help with the books. The following accounts are used: List of Transactions Use the Balance Column Accounts with the opening balances to post the following transactions that occurred during the month of July of the current year. Identify each entry with the corresponding letter: July 1 - Paid the rent, $1,100 (no HST) with cheque \# 103 July 3 - Received a payment from a customer for services provided, $2,600 plus HST was collected - Cash sales slip 204. July 7 - Received payment from customer H. K'Ares on account - \$2,200 Cash Receipts sllip 433. July 9 - Paid for an advertisement, $125 plus HST using cheque number 104 July 11 - Finished a design job for client Hoo K'Ares, Sales Involce 222 - payment of $1,800 plus HST expected by the end of the month. July 11 - Paid $800 plus HST for insurance using cheque #105 July 14 - Received payment from client F. Borg, \$1,800 plus HST - Cash Sales slip 245 July 17 - Received a delivery of supplies from Otfice Warehouse on account, $550 plus HST- Purchase Invoice 890 July 21 - Paid the utilities, $400 plus HST with cheque \# 106 July 22 - Completed a design job for a customer, recelving \$2,400 plus HST -Cash sales receipt 333 July 25 - Paid $500 owed to A.P Ottice Warohouse using Cheque \# 107 July 27 - Ryan Gecko wrote cheque #108 out of the business for his personal use, $2,000. July 30 - Purchased a now computer valued at $2200 (plus tax) - invoice #302 - paid $1000 in cash and the remainder was placed on account payable Office Warehouse. Note - HST was added to this purchase. July 31 - Clear the HST Accounts (remit using cheque \#109 if necessary or use the CRA AIR if it is a recoivable). Comprehensive Question -Chapter 7 Balance Column Accounts - Ledger Name You landed a summer internship at Gecko Graphics. Ryan Gecko, who is the owner, has asked you to help with the books. The following accounts are used: List of Transactions Use the Balance Column Accounts with the opening balances to post the following transactions that occurred during the month of July of the current year. Identify each entry with the corresponding letter: July 1 - Paid the rent, $1,100 (no HST) with cheque \# 103 July 3 - Received a payment from a customer for services provided, $2,600 plus HST was collected - Cash sales slip 204. July 7 - Received payment from customer H. K'Ares on account - \$2,200 Cash Receipts sllip 433. July 9 - Paid for an advertisement, $125 plus HST using cheque number 104 July 11 - Finished a design job for client Hoo K'Ares, Sales Involce 222 - payment of $1,800 plus HST expected by the end of the month. July 11 - Paid $800 plus HST for insurance using cheque #105 July 14 - Received payment from client F. Borg, \$1,800 plus HST - Cash Sales slip 245 July 17 - Received a delivery of supplies from Otfice Warehouse on account, $550 plus HST- Purchase Invoice 890 July 21 - Paid the utilities, $400 plus HST with cheque \# 106 July 22 - Completed a design job for a customer, recelving \$2,400 plus HST -Cash sales receipt 333 July 25 - Paid $500 owed to A.P Ottice Warohouse using Cheque \# 107 July 27 - Ryan Gecko wrote cheque #108 out of the business for his personal use, $2,000. July 30 - Purchased a now computer valued at $2200 (plus tax) - invoice #302 - paid $1000 in cash and the remainder was placed on account payable Office Warehouse. Note - HST was added to this purchase. July 31 - Clear the HST Accounts (remit using cheque \#109 if necessary or use the CRA AIR if it is a recoivable)
