Question
Sales and Cash Receipts Transactions Sourk Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20--. There is an
Sales and Cash Receipts Transactions
Sourk Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20--. There is an 8% sales tax.
| Mar. 1 | Sale on account No. 33C to Donachie & Co., $1,800 plus sales tax. | |
| 3 | Sale on account No. 33D to R. J. Kibubu, Inc., $2,190 plus sales tax. | |
| 5 | Donachie & Co. returned merchandise from Sale No. 33C for a credit (Credit Memo No. 66), $40 plus sales tax. | |
| 7 | Cash sales for the week were $3,140 plus sales tax. | |
| 10 | Received payment from Donachie & Co. for Sale No. 33C less Credit Memo No. 66. | |
| 11 | Sale on account No. 33E to Eck Bakery, $1,190 plus sales tax. | |
| 13 | Received payment from R. J. Kibubu for Sale No. 33D. | |
| 14 | Cash sales for the week were $3,900 plus sales tax. | |
| 16 | Eck Bakery returned merchandise from Sale No. 33E for a credit (Credit Memo No. 67), $30 plus sales tax. | |
| 18 | Sale on account No. 33F to R. J. Kibubu, Inc., $2,700 plus sales tax. | |
| 20 | Received payment from Eck Bakery for Sale No. 33E less Credit Memo No. 67. | |
| 21 | Cash sales for the week were $2,410 plus sales tax. | |
| 25 | Sale on account No. 33G to Eck Bakery, $1,930 plus sales tax. | |
| 27 | Sale on account No. 33H to Whitaker Group, $2,070 plus sales tax. | |
| 28 | Cash sales for the week were $3,300 plus sales tax. |
2. Post from the journal to the general ledger and accounts receivable ledger accounts.
| GENERAL LEDGER | ||||||
|---|---|---|---|---|---|---|
| ACCOUNT | Cash | ACCOUNT NO. | 101 | |||
| BALANCE | ||||||
| DATE | ITEM | POST. REF. | DEBIT | CREDIT | DEBIT | CREDIT |
| 20-- | ||||||
| Mar. 1 | Balance | 9,540.00 | ||||
| Mar. 3Mar. 5Mar. 7Mar. 11Mar. 16Mar. 18Mar. 25Mar. 27 | J5J6J7J8J9J10 | fill in the blank 171 | fill in the blank 172 | fill in the blank 173 | fill in the blank 174 | |
| Mar. 3Mar. 5Mar. 10Mar. 11Mar. 16Mar. 18Mar. 25Mar. 27 | J5J6J7J8J9J10 | fill in the blank 177 | fill in the blank 178 | fill in the blank 179 | fill in the blank 180 | |
| Mar. 3Mar. 5Mar. 11Mar. 13Mar. 16Mar. 18Mar. 25Mar. 27 | J5J6J7J8J9J10 | fill in the blank 183 | fill in the blank 184 | fill in the blank 185 | fill in the blank 186 | |
| Mar. 3Mar. 5Mar. 11Mar. 14Mar. 16Mar. 18Mar. 25Mar. 27 | J5J6J7J8J9J10 | fill in the blank 189 | fill in the blank 190 | fill in the blank 191 | fill in the blank 192 | |
| Mar. 3Mar. 5Mar. 11Mar. 16Mar. 18Mar. 20Mar. 25Mar. 27 | J5J6J7J8J9J10 | fill in the blank 195 | fill in the blank 196 | fill in the blank 197 | fill in the blank 198 | |
| Mar. 3Mar. 5Mar. 11Mar. 16Mar. 18Mar. 21Mar. 25Mar. 27 | J5J6J7J8J9J10 | fill in the blank 201 | fill in the blank 202 | fill in the blank 203 | fill in the blank 204 | |
| Mar. 3Mar. 5Mar. 11Mar. 16Mar. 18Mar. 25Mar. 27Mar. 28 | J5J6J7J8J9J10 | fill in the blank 207 | fill in the blank 208 | fill in the blank 209 | fill in the blank 210 | |
| ACCOUNT | Accounts Receivable | ACCOUNT NO. | 122 | |||
|---|---|---|---|---|---|---|
| BALANCE | ||||||
| DATE | ITEM | POST. REF. | DEBIT | CREDIT | DEBIT | CREDIT |
| 20-- | ||||||
| Mar. 1 | Balance | 1,045.00 | ||||
| Mar. 1Mar. 7Mar. 14Mar. 21Mar. 28Mar. 1 | J5J6J7J8J9J10J7 | fill in the blank 213 | fill in the blank 214 | fill in the blank 215 | fill in the blank 216 | |
| Mar. 3Mar. 7Mar. 14Mar. 21Mar. 28Mar. 3 | J5J6J7J8J9J10J7 | fill in the blank 219 | fill in the blank 220 | fill in the blank 221 | fill in the blank 222 | |
| Mar. 5Mar. 7Mar. 14Mar. 21Mar. 28Mar. 5 | J5J6J7J8J9J10J7 | fill in the blank 225 | fill in the blank 226 | fill in the blank 227 | fill in the blank 228 | |
| Mar. 7Mar. 10Mar. 14Mar. 21Mar. 28Mar. 10 | J5J6J7J8J9J10J7 | fill in the blank 231 | fill in the blank 232 | fill in the blank 233 | fill in the blank 234 | |
| Mar. 7Mar. 11Mar. 14Mar. 21Mar. 28Mar. 11 | J5J6J7J8J9J10J7 | fill in the blank 237 | fill in the blank 238 | fill in the blank 239 | fill in the blank 240 | |
| Mar. 7Mar. 13Mar. 14Mar. 21Mar. 28Mar. 13 | J5J6J7J8J9J10J7 | fill in the blank 243 | fill in the blank 244 | fill in the blank 245 | fill in the blank 246 | |
| Mar. 7Mar. 14Mar. 16Mar. 21Mar. 28Mar. 16 | J5J6J7J8J9J10J8 | fill in the blank 249 | fill in the blank 250 | fill in the blank 251 | fill in the blank 252 | |
| Mar. 7Mar. 14Mar. 18Mar. 21Mar. 28Mar. 18 | J5J6J7J8J9J10J8 | fill in the blank 255 | fill in the blank 256 | fill in the blank 257 | fill in the blank 258 | |
| Mar. 7Mar. 14Mar. 20Mar. 21Mar. 28Mar. 20 | J5J6J7J8J9J10J8 | fill in the blank 261 | fill in the blank 262 | fill in the blank 263 | fill in the blank 264 | |
| Mar. 7Mar. 14Mar. 21Mar. 25Mar. 28Mar. 25 | J5J6J7J8J9J10J8 | fill in the blank 267 | fill in the blank 268 | fill in the blank 269 | fill in the blank 270 | |
| Mar. 7Mar. 14Mar. 21Mar. 27Mar. 28Mar. 27 | J5J6J7J8J9J10J8 | fill in the blank 273 | fill in the blank 274 | fill in the blank 275 | fill in the blank 276 | |
| ACCOUNT | Sales Tax Payable | ACCOUNT NO. | 231 | |||
|---|---|---|---|---|---|---|
| BALANCE | ||||||
| DATE | ITEM | POST. REF. | DEBIT | CREDIT | DEBIT | CREDIT |
| 20-- | ||||||
| Mar. 1Mar. 10Mar. 20Mar. 1 | J5J6J7J8J9J10 | fill in the blank 279 | fill in the blank 280 | fill in the blank 281 | fill in the blank 282 | |
| Mar. 3Mar. 10Mar. 20 | J5J6J7J8J9J10 | fill in the blank 285 | fill in the blank 286 | fill in the blank 287 | fill in the blank 288 | |
| Mar. 5Mar. 10Mar. 20 | J5J6J7J8J9J10 | fill in the blank 291 | fill in the blank 292 | fill in the blank 293 | fill in the blank 294 | |
| Mar. 7Mar. 10Mar. 20 | J5J6J7J8J9J10 | fill in the blank 297 | fill in the blank 298 | fill in the blank 299 | fill in the blank 300 | |
| Mar. 10Mar. 11Mar. 20 | J5J6J7J8J9J10 | fill in the blank 303 | fill in the blank 304 | fill in the blank 305 | fill in the blank 306 | |
| Mar. 10Mar. 14Mar. 20 | J5J6J7J8J9J10 | fill in the blank 309 | fill in the blank 310 | fill in the blank 311 | fill in the blank 312 | |
| Mar. 10Mar. 16Mar. 20 | J5J6J7J8J9J10 | fill in the blank 315 | fill in the blank 316 | fill in the blank 317 | fill in the blank 318 | |
| Mar. 10Mar. 18Mar. 20 | J5J6J7J8J9J10 | fill in the blank 321 | fill in the blank 322 | fill in the blank 323 | fill in the blank 324 | |
| Mar. 10Mar. 20Mar. 21 | J5J6J7J8J9J10 | fill in the blank 327 | fill in the blank 328 | fill in the blank 329 | fill in the blank 330 | |
| Mar. 10Mar. 20Mar. 25 | J5J6J7J8J9J10 | fill in the blank 333 | fill in the blank 334 | fill in the blank 335 | fill in the blank 336 | |
| Mar. 10Mar. 20Mar. 27 | J5J6J7J8J9J10 | fill in the blank 339 | fill in the blank 340 | fill in the blank 341 | fill in the blank 342 | |
| Mar. 10Mar. 20Mar. 28 | J5J6J7J8J9J10 | fill in the blank 345 | fill in the blank 346 | fill in the blank 347 | fill in the blank 348 | |
| ACCOUNT | Sales | ACCOUNT NO. | 401 | |||
|---|---|---|---|---|---|---|
| BALANCE | ||||||
| DATE | ITEM | POST. REF. | DEBIT | CREDIT | DEBIT | CREDIT |
| 20-- | ||||||
| Mar. 1Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20 | J5J6J7J8J9J10 | fill in the blank 351 | fill in the blank 352 | fill in the blank 353 | fill in the blank 354 | |
| Mar. 3Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20 | J5J6J7J8J9J10 | fill in the blank 357 | fill in the blank 358 | fill in the blank 359 | fill in the blank 360 | |
| Mar. 7Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20 | J5J6J7J8J9J10 | fill in the blank 363 | fill in the blank 364 | fill in the blank 365 | fill in the blank 366 | |
| Mar. 5Mar. 10Mar. 11Mar. 13Mar. 16Mar. 20 | J5J6J7J8J9J10 | fill in the blank 369 | fill in the blank 370 | fill in the blank 371 | fill in the blank 372 | |
| Mar. 5Mar. 10Mar. 14Mar. 13Mar. 16Mar. 20 | J5J6J7J8J9J10 | fill in the blank 375 | fill in the blank 376 | fill in the blank 377 | fill in the blank 378 | |
| Mar. 5Mar. 10Mar. 13Mar. 16Mar. 18Mar. 20 | J5J6J7J8J9J10 | fill in the blank 381 | fill in the blank 382 | fill in the blank 383 | fill in the blank 384 | |
| Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20Mar. 21 | J5J6J7J8J9J10 | fill in the blank 387 | fill in the blank 388 | fill in the blank 389 | fill in the blank 390 | |
| Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20Mar. 25 | J5J6J7J8J9J10 | fill in the blank 393 | fill in the blank 394 | fill in the blank 395 | fill in the blank 396 | |
| Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20Mar. 27 | J5J6J7J8J9J10 | fill in the blank 399 | fill in the blank 400 | fill in the blank 401 | fill in the blank 402 | |
| Mar. 5Mar. 10Mar. 13Mar. 16Mar. 20Mar. 28 | J5J6J7J8J9J10 | fill in the blank 405 | fill in the blank 406 | fill in the blank 407 | fill in the blank 408 | |
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My Favorite Auditor Gave Me This Book
Authors: Funny Planner Publishing
1st Edition
1676058060, 978-1676058069
