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Please verify that all June 1 balances are in the ledgers by comparing them to the May 31, 2021 trial balance before posting. There are

Please verify that all June 1 balances are in the ledgers by comparing them to the May 31, 2021 trial balance before posting. There are two tabs in the Excel spreadsheet: Income Statement Accounts and Balance Sheet Accounts. You will need both tabs to post to all the accounts.

Use the given information from the General Journal below to fill in the Ledger for the balance sheet and income statement account sheets through the month of June.

General Journal

Date

Description

Post

Ref.

Debit

Credit

June 3

Inventory

116

50,400

Accounts Payable

210

50,400

June 6

Accounts Receivable

111

17,400

Sales

410

17,400

Costs Of Goods Sold

510

12,000

Inventory

116

12,000

June 8

Notes Receivable

114

500

Bad Debt Expense

522

500

June 10

Cash

104

40,000

Salaries Payable

211

40,000

Cash

104

26,000

Office Salaries Expense

530

26,000

June 12

Cash

104

48,400

Account Payable

210

48,400

June 15

Accounts Receivable

111

31,900

Sales

410

31,900

Cash

104

22,000

Inventory

116

22,000

June 18

Cash

104

15,400

Accounts Receivable

111

15,400

June 25

Cash

104

40,000

Sales Salaries Expense

520

40,000

Cash

104

26,000

Office Salaries Expense

530

26,000

June 30

Accounts Receivable

111

53,650

Sales

410

53,650

Costs Of Goods Sold

510

37,000

Inventory

116

37,000

June 30

Cash

104

1,710

Credit Card expense

525

1,710

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