Question
Record the June transactions in the appropriate journal: sales, purchases, cash receipts, cash payments and general. Post the journals to the general and subsidiary ledgers.
Record the June transactions in the appropriate journal: sales, purchases, cash receipts, cash payments and general.
- Post the journals to the general and subsidiary ledgers. New accounts should be added as needed
- Record the adjusting journal entries required for the year ended 30 June 2020 in general journal format.
TRANSACTIONS
Week 1
June 1 Sold inventory to Cat Hotel $7,380, invoice # 218. Issued cheque #40 to pay delivery costs of $180 to Fasta Courier. The delivery cost is not recoverable from the buyer.
Paid the amount owing to Pet Supplies, cheque #41.
Purchased store supplies for $1,485 from Kmart, cheque #42.
Received the mount owing from Pooch Parlour, receipt #121.
2 Received the amount owing from Pets R Us, receipt #122
Paid the amount owing to Glamour Pets, cheque #43.
Recorded cash sales for the week of $11,542.
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