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The cash payments of The Aristocrats Jewels, a retail business, for June and the general ledger accounts used to record these transactions appear below. GENERAL
The cash payments of The Aristocrats Jewels, a retail business, for June and the general ledger accounts used to record these transactions appear below. GENERAL LEDGER ACCOUNTS 101 Cash $ 46,748 Dr 1e5 Petty Cash Fund 129 Supplies 1,160 Dr 4,200 cr. 19,888 Cr. 5,289 Cr 201 Notes Payable 205 Accounts Payable 231 Sales Tax Payable 302 Larry Jennings, Drawing 451 Sales Returns and Allowances 504 Purchases Discounts 611 Delivery Expense 626 Rent Expense 623 Salaries Expense 626 Telephone Expense 634 Interest Expense 635 Miscellaneous Expense ATE TRANSACTIONS une 1 Issued Check 4121 for $3,500 to pay the monthly rent. 2 Issued Check 4122 for $5,200 to remit the state sales tax. 3 Issued Check 4123 for $2,880 to Perfect Timing katch Company, a creditor, in payment of Invoice 6808, dated May 5. 4 Issued check 4124 for $25e to establish a petty cash fund. (After journalizing this traniittion, be sure to enter it on the first line of the petty cash analysis sheet.) Petty-(ash Voucher 1
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