Instructions
Work to do
Subsidlary Ledgers Past from the journals to the general lodger accounts. Past from the journals to the accounts payable kadger accounts. Accounts Payable Ledaer instructions Customer David's Decorating Elizabeth Shoemaker Leigh Summers Meg Johnson Supplier Flower Wholesalers Jill Hand Seidl Enterprises Vasos Etc. Selected account balances as of October 1 weie as folloms: The Pink Petal also had the following subsidiary ledger balances as of October 1 : Acoounts Recervable: Acoounts Payatio: Required: 1. Aecord the transactions in a sabs journal (page 7), cash receipts joumal (page 10), purchases joumal (page 6), cash payments jouma/ iage 11). and general foumal (page 5). Total and varly the columb where appropriste at the end of the month. Afer each entry. posf to the appropriate selectod accounts. Fecord the transactions in a general journal (page 5). Post to the appropriate ledgers. Cash Pryments Jouma Oct. 1 Sold merchandise on account to Elizabeth Shoemaker, $1,000, plus tax of $50. Sale No. 222. 2 Issued Check No. 190 to Jill Hand in payment of October 1 balance of $500, less 2% discount. 2 Purchased merchandise on account from Flower Wholesalers, $4,000. Invoice No, 500 , dated October 2, terms 2/10,n/30. 4 Purchased merchandise on account from Seidl Enterprises, $700. Invoice No. 527, dated October 4. terms 2/15,n/30. 5 Issued Check No. 191 in payment of phone expense for the month of September, $150. 7 Sold merchandise for cash, $3,500, plus tax of $175. 9 Received payment from Leigh Summers in full settlement of account, $2,000. 11 Issued Check No. 192 to Flower Wholesalers in payment of October 1 balance of $1,500. 12 Sold merchandise on account to Leigh Summers, $2,000, plus tax of $100. Sale No. 223. 12 Received payment from Meg Johnson on account, $3,100. 13 Issued Check No. 193 to Seidl Enterprises in payment of October 4 purchase. Invoice No. 527, less 2\% discount. 14 Meg Johnson returned merchandise for a credit, $300, plus sales tax of $15. 17 Returned merchandise to Vases Etc. for credi, $900. 24 Received payment from David's Decorating on account, $2,135. 27 Sold merchandise on account to David's Decorating, $3,000, plus tax of $150. Sale No. 224. 29 issued Check No. 194 in payment of wages (Wages Expense) for the four-week period ending October 30,5900 Selected account balances as of October 1 were as follows: Post from the journals to the accounts receivable lodger accounts. Accounts Aeceivabie Ledger instructions Mastery Problem Cash Recents doarna Fecord the transactions in a purchases joumal (page 6). Total, verif, and post fo ledjers as apprepriste. Mastery Problem Instructions Chart of Accouints Customec and suppliec Unt Canth foeclpis Journat Durehates journgl Sales Joumal 5aiet.daenel hatsction
