Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
how do you log this in cash receipts journal Sales Credit Sales Tax Pay. Cr. Sales Disc. Dr. 6 :: 23 Instructions Source Document Form
how do you log this in cash receipts journal
Sales Credit Sales Tax Pay. Cr. Sales Disc. Dr. 6 :: 23 Instructions Source Document Form 23 46 STACY A. HOLMES 722 PELICAN DRIVE ELLENTON, FL 34222-1222 RECD 12/08 --R485 LH for old computer, orig cost, 5700, accum. depr., 5620 December 8 20 63-666/631 $ 80.00 DOLLARS PAY TO THE ORDER OF Digital Diversions Eighty and no/100 FOR CLASSROOM USE ONLY SUNSHINE STATE SAVINGS BRADENTON, FL 34207-2499 For Stacy A. Holmes AUTHORIZED SIGNATURE 1:063110254.10046-607 46 the walanta 3.06 4.93 Instructions Source Document Form 23. Digital Diversions sometimes sells plant assets that are no longer needed to its employees. This check from Stacy A. Holmes is payment for a computer the company no longer needs. The accounting assistant, Lynn Hall, has written information about the plant asset on the check. Use the receipt number as the source document number for recording this cash sale of a plant asset in the Cash Receipts Journal. the journal entryStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started