Section 1.

please provide what each entry goes to!

INSTRUCTIONS FOR WEEK1 1. This section contains business documents numbered D1 through D14. 2. All the transactions represented by business documents D1 through D14 have been recorded. It is recommended review these transactions to help you with proceeding in this practice set. if you have any questions regarding any of the transactions and how it was recorded, now is the time to ask your instructor questions 4. Posting rules: post to the subsidiary ledgers as you record transactions as needed. Post to the general ledger at the end of the month. EXPLANATORY NOTES D2 The duplicate deposit ticket represents cash sales of merchandise and repair services to walk-in customers. They have either paid in cash or by check. Ryan Boyd has made the deposit and written the distribution of the cash sales on the left hand side of the duplicate deposit ticket. When you receive a duplicated deposit slip the transactions is recorded in the Cash Receipts Journal. At this time, you will also record the deposit in the checkbook on the next stub available. D3 The checks are pre-numbered beginning with No. 315. The beginning cash balance on September 1 is $8,300. 09 A check is issued to Ryan Boyd for the weekly payroll. This check is deposited into a separate checkbook in which all paychecks are disbursed from D14 The original deposit ticket is prepared by you when checks received from credit customers are taken to the bank at the end of each week. The checks are listed individually, and the total deposit is recorded on the check stub in the checkbook. Because the checks have been individually recorded in the Cash Receipts Journal when they were received, no journal entry is required now. ooo D1 Accounting Department Copy CYCLE WORLD 6 Lashley Janesville, WI 53546 SALES INVOICE NO. 524 SOLD TO: DATE: 9/1/xx Laura's Bike and Skate Rental 909 Main Street Janesville, WI 53546 TERMS: 2/10, n/30 SHIPPED VIA: Our Van Quantity Description Unit Price Amount Due 6 2 Edwards HP 410 Harmony LTD - Model 48 $300 350 $1,800 700 $2,500 COST $1,750 D2 DEPOSIT TICKET FOR DEPOSIT TO THE ACCOUNT OF 00 CYCLE WORLD 6 Lashley Janesville, WI 53546 CURRENCY: COIN: CHECKS: 1,000 15 8 8 8 8 8 8 8 00 DATE: Sept. 1 1,320 1,500 430 75 5.200 2010 IMPERIAL BANK 9,540 00 Cr. Sales $8,540 Cr Repair Service Revenue $1.000 127110951710B05 3001581 SUBTOTAL LESS CASH RECEIVED NET DEPOSIT R.B. 9,540 00 DUPLICATE DEPOSIT TICKET COST $5,978 9 D3 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO DATE: September 1, 20xx TO: Accounting Department Issue a check to Edwards Bicycles and Frames in payment of Invoice 811 for $6,200. D4 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO DATE: September 2, 20xx TO: Accounting Department Issue a check to Electric Bicycle Company for $3,000 less 2% discount in payment of Invoice 1312. Issue a check to Central Racers, Inc. for $2,000 less 2% discount in payment of Invoice 815 - 10 - D5 20xx Bank of Madison_ugust 50 No. 194 PAY TO THE ORDER OF $2.303.00 Cuels World DOLLARS Two thousand Three Hundred Thrys and 00/100 LAURA'S BIKE AND SKATE RENTAL bourn Jones MEMO on acetin. 519.52.350 Less 2% discount 1071000039 Received Sep. 2 D6 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO TO: Accounting Department DATE: September 3, 20xx Issue a check to Cotton Cycling Apparel for $800 less 2% discount in payment of Invoice 214. D7 Bank of Rosewood August 29 20xx No. 40 PAY TO THE ORDER OF Cele World $2.744.00 DOLLARS Two thousand Sven Hundred forlu-four and 00/100 PINE PARKS AND RECREATION Phil Hall MEMO_on acct./Inv. 520-$2.800 1071 1010771 147 40511401 Received Sep 3 D8 Clayton Bank nagus! 20xx No. 76 PAY TO THE ORDER OF $3.920,00 DOLLARS Three thousand Nine Hundred Twents and 00100 BRODHEAD BICYCLE TOURS Received Sep. 3 John Messbarer MEMO on acct.y, 517-$4.000 12711709310 D9 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO TO: Accounting Department DATE: September 3, 20xx Issue a check for $1,400 to Ryan Boyd for weekly payroll ending September 3. Charge: Salaries Payable Office Salaries Expense Store Salaries Expense $500 300 600 D10 CYCLE WORLD 6 Lashley Janesville, WI 53546 CREDIT MEMO NO. 12 TO: DATE: September 4, 20xx Laura's Bike and Skate Rental 909 Main Street Janesville, WI 53546 $300 We credit your account for the following item: 1 Edwards HP 410 (defective frame) 12 - D11 Cotton Cycling Apparel 900 North Michigan Chicago, IL Sold To: Cycle World 6 Lashley Janesville, WI 53546 Date: September 1, 20xx Shipped Via: United Delivery Service Invoice No. 230 Terms: 2/10, 1/30 FOB Destination Unit Price Quantity 1 doz 2 doz. 3 doz. 6 pairs 3 pairs Description Cycling T-shirts, Large Cycling T-shirts, Medium Cycling T-shirts, Small Cycling Shorts - Men's Men's Tri-suit $50 35 25 30 25 Amount Due $50 70 75 180 75 $450 Received SEP 4 D12 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO TO: Accounting Department DATE: September 4, 20xx Issue a check for $1.200 to Ryan Boyd for personal use. 13- CYCLE WORLD 6 Lashley Janesville, WI 53546 D13 INTEROFFICE MEMO TO: Accounting Department DATE: September 4, 20xx Issue a check to Max City Cruisers for $2,800 less 2% discount in payment of Invoice 741. Issue a check to Harmony LTD for $1,200 less 1% discount in payment of Invoice 1021. 20 D14 DEPOSIT TICKET FOR DEPOSIT TO THE ACCOUNT OF CYCLE WORLD 6 Lashley Janesville, WI 53546 CURRENCY: COIN: CHECKS: Laura's Bike Pine Parks Brodhead Tours 2,30300 2,744 00 3,920 00 DATE: Sept. 4 20xx IMPERIAL BANK SUBTOTAL 8,967 00 LESS CASH RECEIVED NET DEPOSIT 8,967 00 ORIGINAL DEPOSIT TICKET 2711095170805 300158 -14- CYCLE WORLD 6 Lashley Janesville, WI 53546 D13 INTEROFFICE MEMO TO: Accounting Department DATE: September 4, 20xx Issue a check to Max City Cruisers for $2,800 less 2% discount in payment of Invoice 741. Issue a check to Harmony LTD for $1,200 less 1% discount in payment of Invoice 1021. 20 D14 DEPOSIT TICKET FOR DEPOSIT TO THE ACCOUNT OF CYCLE WORLD 6 Lashley Janesville, WI 53546 CURRENCY: COIN: CHECKS: Laura's Bike Pine Parks Brodhead Tours 2,30300 2,744 00 3,920 00 DATE: Sept. 4 20xx IMPERIAL BANK SUBTOTAL 8,967 00 LESS CASH RECEIVED NET DEPOSIT 8,967 00 ORIGINAL DEPOSIT TICKET 2711095170805 300158 -14- INSTRUCTIONS FOR WEEK1 1. This section contains business documents numbered D1 through D14. 2. All the transactions represented by business documents D1 through D14 have been recorded. It is recommended review these transactions to help you with proceeding in this practice set. if you have any questions regarding any of the transactions and how it was recorded, now is the time to ask your instructor questions 4. Posting rules: post to the subsidiary ledgers as you record transactions as needed. Post to the general ledger at the end of the month. EXPLANATORY NOTES D2 The duplicate deposit ticket represents cash sales of merchandise and repair services to walk-in customers. They have either paid in cash or by check. Ryan Boyd has made the deposit and written the distribution of the cash sales on the left hand side of the duplicate deposit ticket. When you receive a duplicated deposit slip the transactions is recorded in the Cash Receipts Journal. At this time, you will also record the deposit in the checkbook on the next stub available. D3 The checks are pre-numbered beginning with No. 315. The beginning cash balance on September 1 is $8,300. 09 A check is issued to Ryan Boyd for the weekly payroll. This check is deposited into a separate checkbook in which all paychecks are disbursed from D14 The original deposit ticket is prepared by you when checks received from credit customers are taken to the bank at the end of each week. The checks are listed individually, and the total deposit is recorded on the check stub in the checkbook. Because the checks have been individually recorded in the Cash Receipts Journal when they were received, no journal entry is required now. ooo D1 Accounting Department Copy CYCLE WORLD 6 Lashley Janesville, WI 53546 SALES INVOICE NO. 524 SOLD TO: DATE: 9/1/xx Laura's Bike and Skate Rental 909 Main Street Janesville, WI 53546 TERMS: 2/10, n/30 SHIPPED VIA: Our Van Quantity Description Unit Price Amount Due 6 2 Edwards HP 410 Harmony LTD - Model 48 $300 350 $1,800 700 $2,500 COST $1,750 D2 DEPOSIT TICKET FOR DEPOSIT TO THE ACCOUNT OF 00 CYCLE WORLD 6 Lashley Janesville, WI 53546 CURRENCY: COIN: CHECKS: 1,000 15 8 8 8 8 8 8 8 00 DATE: Sept. 1 1,320 1,500 430 75 5.200 2010 IMPERIAL BANK 9,540 00 Cr. Sales $8,540 Cr Repair Service Revenue $1.000 127110951710B05 3001581 SUBTOTAL LESS CASH RECEIVED NET DEPOSIT R.B. 9,540 00 DUPLICATE DEPOSIT TICKET COST $5,978 9 D3 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO DATE: September 1, 20xx TO: Accounting Department Issue a check to Edwards Bicycles and Frames in payment of Invoice 811 for $6,200. D4 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO DATE: September 2, 20xx TO: Accounting Department Issue a check to Electric Bicycle Company for $3,000 less 2% discount in payment of Invoice 1312. Issue a check to Central Racers, Inc. for $2,000 less 2% discount in payment of Invoice 815 - 10 - D5 20xx Bank of Madison_ugust 50 No. 194 PAY TO THE ORDER OF $2.303.00 Cuels World DOLLARS Two thousand Three Hundred Thrys and 00/100 LAURA'S BIKE AND SKATE RENTAL bourn Jones MEMO on acetin. 519.52.350 Less 2% discount 1071000039 Received Sep. 2 D6 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO TO: Accounting Department DATE: September 3, 20xx Issue a check to Cotton Cycling Apparel for $800 less 2% discount in payment of Invoice 214. D7 Bank of Rosewood August 29 20xx No. 40 PAY TO THE ORDER OF Cele World $2.744.00 DOLLARS Two thousand Sven Hundred forlu-four and 00/100 PINE PARKS AND RECREATION Phil Hall MEMO_on acct./Inv. 520-$2.800 1071 1010771 147 40511401 Received Sep 3 D8 Clayton Bank nagus! 20xx No. 76 PAY TO THE ORDER OF $3.920,00 DOLLARS Three thousand Nine Hundred Twents and 00100 BRODHEAD BICYCLE TOURS Received Sep. 3 John Messbarer MEMO on acct.y, 517-$4.000 12711709310 D9 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO TO: Accounting Department DATE: September 3, 20xx Issue a check for $1,400 to Ryan Boyd for weekly payroll ending September 3. Charge: Salaries Payable Office Salaries Expense Store Salaries Expense $500 300 600 D10 CYCLE WORLD 6 Lashley Janesville, WI 53546 CREDIT MEMO NO. 12 TO: DATE: September 4, 20xx Laura's Bike and Skate Rental 909 Main Street Janesville, WI 53546 $300 We credit your account for the following item: 1 Edwards HP 410 (defective frame) 12 - D11 Cotton Cycling Apparel 900 North Michigan Chicago, IL Sold To: Cycle World 6 Lashley Janesville, WI 53546 Date: September 1, 20xx Shipped Via: United Delivery Service Invoice No. 230 Terms: 2/10, 1/30 FOB Destination Unit Price Quantity 1 doz 2 doz. 3 doz. 6 pairs 3 pairs Description Cycling T-shirts, Large Cycling T-shirts, Medium Cycling T-shirts, Small Cycling Shorts - Men's Men's Tri-suit $50 35 25 30 25 Amount Due $50 70 75 180 75 $450 Received SEP 4 D12 CYCLE WORLD 6 Lashley Janesville, WI 53546 INTEROFFICE MEMO TO: Accounting Department DATE: September 4, 20xx Issue a check for $1.200 to Ryan Boyd for personal use. 13- CYCLE WORLD 6 Lashley Janesville, WI 53546 D13 INTEROFFICE MEMO TO: Accounting Department DATE: September 4, 20xx Issue a check to Max City Cruisers for $2,800 less 2% discount in payment of Invoice 741. Issue a check to Harmony LTD for $1,200 less 1% discount in payment of Invoice 1021. 20 D14 DEPOSIT TICKET FOR DEPOSIT TO THE ACCOUNT OF CYCLE WORLD 6 Lashley Janesville, WI 53546 CURRENCY: COIN: CHECKS: Laura's Bike Pine Parks Brodhead Tours 2,30300 2,744 00 3,920 00 DATE: Sept. 4 20xx IMPERIAL BANK SUBTOTAL 8,967 00 LESS CASH RECEIVED NET DEPOSIT 8,967 00 ORIGINAL DEPOSIT TICKET 2711095170805 300158 -14- CYCLE WORLD 6 Lashley Janesville, WI 53546 D13 INTEROFFICE MEMO TO: Accounting Department DATE: September 4, 20xx Issue a check to Max City Cruisers for $2,800 less 2% discount in payment of Invoice 741. Issue a check to Harmony LTD for $1,200 less 1% discount in payment of Invoice 1021. 20 D14 DEPOSIT TICKET FOR DEPOSIT TO THE ACCOUNT OF CYCLE WORLD 6 Lashley Janesville, WI 53546 CURRENCY: COIN: CHECKS: Laura's Bike Pine Parks Brodhead Tours 2,30300 2,744 00 3,920 00 DATE: Sept. 4 20xx IMPERIAL BANK SUBTOTAL 8,967 00 LESS CASH RECEIVED NET DEPOSIT 8,967 00 ORIGINAL DEPOSIT TICKET 2711095170805 300158 -14