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Jeremiah Restoration Company completed the following selected transactions during January: Jan 12 1. Established a petty cash tund of $750. The cash sales for the

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Jeremiah Restoration Company completed the following selected transactions during January: Jan 12 1. Established a petty cash tund of $750. The cash sales for the day, according to the cash register records, totaled $11,494. The actual cash received from cash sales was $11,519. 31. Petty cash on hand was $157. Replenished the potty cash fund for the following disbursements, each evidenced by a petty cash receipt Jan 3. 7 9. 13 19 Store supplies, $398 Express charges on merchandise sold, 532 (Delivery Expense). Office supplies, $16. Office supplies, $18. Postage stamps, S13 (Office Supplies) Repair to office file cabinet lock, 511 (Miscelaneous Administrative Expense). Postage due on special delivery letter, $27 (Miscellaneous Administrative Exkonse) Express charges on merchandise sold, 552 (Delivery Expense) Office supplies, $8 21 22. 24 30 Jan 31 The cash sales for the day, according to the cash register records, totaled $18.255. The actual cash received from cash sales was $18.215. Decreased the petty cash fund by $110. 31 Required: Journalize the transactions. Roter to the chart of accounts for the exact wording of the account titles. CNOW journals do not use ines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW Journals will automatically indent a credit entry when a croche amount is entered CHART OF ACCOUNTS Jeremiah Restoration Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation Store Equipment EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 591 Miscellaneous Administrative Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 222 Interest Payable 515 Credit Card Expense 516 Cash Short and Over 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation-Store Equipment 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 591 Miscellaneous Administrative Expense 592 Miscellaneous Selling Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST REE DERIT CREDIT ASSETS LABUTIES EQUITY 1 I 7 10 11 11 11 14 15 16

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