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Question 3 (10 marks) Candy Cane's cash receipts journal had the following May 2018 transactions: Cash Receipts Journal Date 2018 May 16 19 Sales Cash
Question 3 (10 marks) Candy Cane's cash receipts journal had the following May 2018 transactions: Cash Receipts Journal Date 2018 May 16 19 Sales Cash Discounts 784 16 600 Debits 24 3,000 27 500 30 700 31 1,000 6.584 F 16 Sales Accounts Receivable Revenue 800 600 1,400 H 1,000 1,000 il Candy Cane's general ledger chart of account numbers Credits Account Title Next Up Ltd. Container Other Accounts Post Ref. Amount A Corp. Interest Receivable Bank Loan Candy Cane, Capital Totals B C D E Page 5 3.000 500 700 4.200 I
Question 3 (10 marks) F Candy Cane's cash receipts journal had the following May 2018 transactions: Candy Cane's general ledger chart of account numbers included the following: Candy Cane's general ledger chart of account numbers included the following: Required: Indicate whether the ten posting references identified by letters (A, B, C, D, etc.) should be: - () A check mark for a posting to a customer account in the accounts receivable subsidiary ledger - An account number for a posting to an account in the general ledger, if applicable, provide the account number - (X) A capital letter " X " for an amount not poted
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