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Assume Briliant Springs Glass Company uses the perpetual inventory system The generaf ledger of Brilliant Springs Glass. Company includes the following selected accounts. along with their account numbers: (Click on the icon to yiew the accounts) Sales and cash receipts transactions in July were as follows: (Click on the icon to view the transactions) Read the requirements Requirement 1,2, and 3. Use the appropriate journal to record the preceding transactions in a sales journal (omit the invoice No column) and a cash receipts journal (omit the Sales Discounts Forfeited column). Total each column of the sales journal and the cash receipts joumal. Show that total debits equal total credits. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals. Begin with the sales journal. Enter the transactions and total the journal (Assume all postings are made to the applicable ledgers. If a box is not used in the journal leave the box empty; do not select information arid do not anter a zero) Show how total debits equal total credits. Record the appropriate transactions in the cash receipts journal. (If a box is not used in the journal leave the box empty; do not select information and do not enter a zero. Select "X" if the column total is not posted. Abbreviations nead Dor = Dannakiuhi.n n. More info Data table Assume Barton Springs. Glass Company uses the perpetual inventory system. The general ledger of Barton Springs Glass Company includes the following selected accounts, along with their account numbers: (Click on the icon to view the accounts.) Sales and cash receipts transactions in July were as follows (Click on the icon to view the transactions.) Read the requirements. Requirement 1,2, and 3. Use the appropriale journal to record the preceding transactions in a sales journal (omit the Invoice No column) and a cash receipts journal (omit the Sales Discounts Forfeited column). Total each column of the sales journal and the cash receipts journal. Show that total debits equal total credits. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals Begin with the sales journal. Enter the transactions and total the journal. (Assume all postings are made to the applicable ledgers. If a box is not used in the journal leave the box empty, do not select inforrnation and do not enter a zero.) Show how total debits equal total credits Record the appropriate transactions in the cash receipts joumal. (if a box is not used in the journal leave the box empty: do not select information and do not enter a zero. Select "X" if the column total is not posted. Abbreviations 4 More info Data table
