jan 29th and feb 3rd, how do you do journal entries using accounts provided and previous transactions associated to use memo for feb 3rd and to document that it has been used?
Jan. 4 Paid Trish Duresh for three days at the rate of $310 per day. in addition to the 15 unpaid days from the prior year. 5 Ballister Dorth invested an additional $42.000 cash in the business 7' Purchased $21,400 of merchandise from Cisco Inc. with terms of 1/10 n/30, FOB shipping point. 9' Received the balance owing from Blackfeather Adventures 11 Completed five-day project for Everest Entertainment and billed them $7.950. which is the total price of $12.450 less the advance payment of $4,500 13 Sold merchandise with a retail value of $6,700 and a cost of $5,500 to AU Inc. with terms of 1/10. n/30, FOB shipping point. 15 Paid $880 for freight charges on the merchandise purchased on January 7. 16 Received $4,680 cash from RCA Co. for computer services performed today 17 Paid Cisco Inc. for the purchase on January 7. 20 AU Inc. returned $600 of defective merchandise from its purchase on January 13. The returned merchandise, which had a cost of $540, was scrapped 22 Received the balance due from AU Inc. 24 Returned defective merchandise to Cisco Inc. and accepted credit against future purchases. Its cost, net of the discount, was $297 26 Purchased $9,600 of merchandise from Cisco Inc. with terms of 1/10, n/30, FOB destination. 26 Sold merchandise with a cost of $10,800 for $13,176 to Northstar Automotive, 1/10,n30 29 Received a $297 credit memo from Cisco Inc. concerning the merchandise returned on January 24. 31 Paid Trish Duresh for 21 days' work at $310 per day. Feb. 1 Paid $6.750 for another three months' rent in advance at the landlord's request. 3 Paid Cisco Inc. for the balance due 5 Paid $1.850 to the local newspaper for advertising 11 Received the balance due from Everest Entertainment for fees billed on January 11. 15 Ballister Dorth withdrew $8,000 cash for personal use. 23 Sold merchandise with a cost of $6,000 for $7,320 on credit to RCA Co.: terms 1/10,n30. 26 Paid Trish Duresh for 14 days' work at $310 per day. 27 Reimbursed Ballister Dorth's business automobile expenses for 460 kilometres at $2.05 per kilometre. Mar. 8 Purchased $640 of computer supplies from Staples Supplies on credit. 9 Received the balance due from RCA Co. for merchandise sold on February 23. 11 Repaired the company's computer paying cash of $260. 16 Received $4,300 cash from LuLu Lemon Co. for a computing services project completed today 19 Paid the full amount due to Staples Supplies. 24 Billed Stilton Manufacturing for $4,950 of computing services completed today. 25 Sold merchandise with a cost of $2,500 for $3,050 to Kellogg Investment Inc.; 1/10,n30. 30 Sold merchandise with a cost of $2,200 for $2,684 on credit to Maritime Inc.. 31 Reimbursed Ballister Dorth's business automobile expenses for 340 kilometres at $2.05 per kilometre. Trial Balance Dr. Cr. No. Account Title 101 Cash 106.11 Everest Entertainment 106.2 Kellogg Investment Inc. 106.3 Stilton Manufacturing 106.4 Maritime Inc. 106.5 AU Inc. 106.6 Blackfeather Adventures 106.7 RCA Co. 106.8 Northstar Automotive 106.9 LuLu Lemon Co 119 Merchandise inventory 126 Computer supplies Prepaid insurance Prepaid rent Office equipment Accum. deprec., office equipment Computer equipment 168 Accum. deprec., computer equip. 201 Accounts payable Wages payable 236 Unearned computer services rev. 301 Ballister Dorth, capital 302 Ballister Dorth, withdrawals Computer services revenue 413 Sales 414 Sales discounts 415 Sales returns and allowances 502 Cost of goods sold 612 Deprec. exp., office equipment 613 Deprec. exp., computer equip. Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 684 Repairs expense, computer 699 Charitable donations expense Totals 623
