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stion list uestion 1 uestion 2 Iestion 3 estion 4 Data table table [ [ Number , Account,Number,Account ] , [ 1 1 ,
stion list
uestion
uestion
Iestion
estion
Data table
tableNumberAccount,Number,AccountCash,EquipmentAccounts Receivable,LandNotes Receivable,Sales RevenueMerchandise Inventory,Cost of Goods SoldOffice Supplies,,
Assume Peaceful Springs Glass Company uses the perpetual inventory system. The general ledger of Peaceful Springs Glass Company includes the following selected accounts, along with their account numbers:
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Sales and cash receipts transactions in July were as follows:
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Jul. Sold merchandise inventory on credit, terms to Intelysis, Inc, $cost $
Jul.
Sold office supplies to an employee at cost $ receiving cash.
Jul.
Cash sales for the week totaled $cost $
Jul. Sold merchandise inventory on account, terms n to A B Moore, $cost $
Jul. Sold land that cost $ for cash of the same amount.
Jul.
Sold merchandise inventory on account, terms to Smart Electric, $cost $
Jul.
Received cash from Intelysis in full settlement of its account receivable from July
Jul. Cash sales for the week were $cost $
Jul.
Sold merchandise inventory on credit, terms to the partnership of West & Bob, $cost $
Jul.
Sold merchandise inventory on account, terms to Smart Electric, $cost $
Jul. Cash sales for the week were $cost $
Jul.
Received $ cash from A B Moore in partial settlement of his account receivable.
Jul.
Received cash from West & Bob for its account receivable from July
Jul.
Sold merchandise inventory on account, terms n to Oggie Co $cost $
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