Special Subsidiary Ledger Exercise

The River Lodger maintains a general ledger, two accounts receivables subsidiary ledgers (a guest ledger and city ledger), and an accounts payable subsidiary ledger.

Required: You are to record and post the following transactions which occurred during the month of June 2020. The River Lodge uses the gross method (to be explained next chapter just record the transactions as you current have been instructed) to record purchases using the perpetual inventory system. See general ledger for account names and account numbers. Hand in next class with a professional looking title page.

June 15 The lodger purchased $800 of food on account from Island Wholesalers, terms 2/10, N/30.

15. The Lodger purchased $120 of restaurant supplies on account from Northern Supplies, terms n/.
16. Crystal Crane, a guest, checked into room 210 at :00.
17. Crystal Crane ordered a $5.00 movie and charged it to the room.
18. The night auditor charged Room 210 with the first nights stay at $120.
19. Crystal Crane charged a $50 spa treatment to room.
20. The Lodger purchased $300 of alcoholic beverages from the Liquor Control Board for cash.
21. Crystal Crane charged the room $25 for tennis lesson to room.
22. Crystal Crane charged the room $55 golf lesson to room.
23. The night auditor charged Room 210 with the second nights stay at $120.
24. Crystal Crane checked out of the Lodge paying with Dinner Club (a non-bank credit card).
25. The Lodger issued cheque no. 444 to pay Island Wholesalers for the food purchased on June 15^th.
26. The Lodge issued cheque no. 445 to pay Northern Supplies for half of the supplies purchased on the 15^th.

General Journal
Page 1
Date	Account Title and Explanations	PR	Debit	Credit

ACCOUNTS RECEIVABLE SUBSIDIARY LEDGERS

GUEST LEDGER

Guest: Crystal Crane Room: 210

Date

Explanation

PR

Debit

Credit

Balance

CITY LEDGER

Dinner Club

Date

Explanation

PR

Debit

Credit

Balance

ACCOUNTS PAYABLE SUBSIDIARY LEDGERS

Island Wholesalers

Date

Explanation

PR

Debit

Credit

Balance

Northern Supplies

Date

Explanation

PR

Debit

Credit

Balance

Prove Accounts Receivable Subsidiary Ledger balances:

Guest Ledger balance:

Crystal Crane Room 210 balance $________________

City Ledger balance:

Dinner Club balance $________________

Total of accounts receivable subsidiary ledger $

Accounts receivable control account balance $_______________

Are we in balance? Circle one of YES NO

Prove Accounts Payable Subsidiary Ledger balances:

Island Wholesalers balance $________________

Northern Supplies balance $________________

Total of accounts payable subsidiary ledger $

Accounts payable control account balance $________________

Are we in balance? Circle one of YES NO