Draper

Draper Consulting performs systems consulting and has also begun selling accounting software and uses the perpetual inventory system to account for software inventory. During January

January 2017

2017, Draper

Draper completed the followingtransactions:

LOADING...

(Click the icon to view thetransactions.)

Draper

Draper Consulting had the following selected accounts with account numbers and normalbalances:

LOADING...

(Click the icon to view the selected accounts with account numbers and normalbalances.)

Read the requirementsLOADING...

.

Requirements1, 2 and 3. Use the appropriate journal to record the transactions in a sales journal(omit the Invoice No.column), a cash receiptsjournal, a purchasesjournal, a cash payments journal(omit the Check No.column), and a general journal. Total each column of the special journals. Show that total debits equal total credits in each special journal. Show how postings would be made from the journals by selecting the account numbers and check marks in the appropriate places in the journals. (Assume all postings are made to the applicableledgers.)

Begin with page 1 of the sales journal. Enter the transactions and total the journal. (If a box is not used in thetable, leave the boxempty; do not select a label or enter a zero. Select"T" in place of a check mark to reflect posting to a subsidiaryledger.)