Show Me How End-Ch 5 Practice Instructions Chart of Accounts eBook Journal Journal Chart of Accounts x Instructions 110 Cash 410 Sales Journalize the merchandise transactions. Refer to the Chart of Accounts for exact wording of ac 120 Accounts Receivable 610 Rent Revenue Journalize the following merchandise transactions. Refer to the Chart of Accounts for exact wording of 125 Notes Receivable account titles. 130 Inventory EXPENSES 510 Cost of Goods Sold JOURNAL 131 Estimated Returns Jan. 1 Sold merchandise on Inventory 521 Delivery Expense account, $74,200 with terms DATE DESCRIPTION POST. REF. 140 Office Supplies 1/10, n/30, using the net 1 141 Store Supplies 522 Advertising Expense 524 Depreciation Expense- Store Equipment 2 142 Prepaid Insurance method under a perpetual inventory system. The . cost of the goods sold was $44,600. 3 180 Land 525 Depreciation Expense- Office Equipment 4 190 Equipment 6 526 Salaries Expense 5 Received payment less the discount 531 Rent Expense 191 Accumulated Depreciation-Equipment 192 Store Equipment 6 7 7 Refunded $500 to customer $ for defective merchandise that was not returned. . 533 Insurance Expense 534 Store Supplies Expense 193 Accumulated 8 Depreciation-Store Equipment 535 Office Supplies Check My Work 1 more Check My Work uses remaining Previous Next > ATA