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Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Main Line Inc. during the month of August 2014 are as
Revenue and Cash Receipts Journals
Transactions related to revenue and cash receipts completed by Main Line Inc. during the month of August 2014 are as follows:
Aug. 2. Issued Invoice No. 512 to Boston Co., $1,010.
Aug. 4. Received cash from CMI Inc., on account, for $255.
Aug. 8. Issued Invoice No. 513 to Gabriel Co., $355.
Aug. 12. Issued Invoice No. 514 to Dockers Inc., $890.
Aug. 19. Received cash from Dockers Inc., on account, $675.
Aug. 22. Issued Invoice No. 515 to Electronic Central Inc., $190.
Aug. 27. Received cash from Marshall Inc. for services provided, $140.
Aug. 29. Received cash from Boston Co. for invoice of August 2.
Aug. 31. Received cash from McCleary Co. for services provided, $80.
Prepare a single-column revenue journal and a cash receipts journal to record these transactions. Enter the transactions in chronological order.
REVENUE JOURNAL PAGE 8
DATE
Invoice No.
Account Debited
Post. Ref. Accounts Rec. Dr.
Fees Earned Cr.
2014
Total
If an amount box does not require an entry, leave it blank.
CASH RECEIPTS JOURNAL PAGE 12
DATE Account Credited Post. Ref. Fees Earned Cr. Accounts Rec. Cr. Cash Dr.
2014
Total
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