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The cash receipts journal of Silver Plastics follows: i (Click the icon to view the cash receipts journal.) Silver's general ledger includes the following selected
The cash receipts journal of Silver Plastics follows: i (Click the icon to view the cash receipts journal.) Silver's general ledger includes the following selected accounts, along with their account numbers: (Click the icon to view the general ledger accounts.) (a) (b) (c) (d) (e) Indicate whether each posting reference (a) through (k) should be a Check mark () for a posting to a customer account in the accounts receivable subsidiary ledger. Account number for a posting to an account in the general ledger. If so, give the account number. Letter (X) for an amount not posted. The cash receipts journal of Silver Plastics follows: i (Click the icon to view the cash receipts journal.) Cash receipts journal Date 2024 Account Credited Post. (Abbreviations used: COGS = Cost of goods sold, Disc. = Discounts, Merch. Inv. = Merchandise inventory, Rev. = Revenue.) Cash Receipts Journal Accounts Sales Sales Disc. Other Page 7 COGS DR Ref. Cash DR Receivable CR Rev. CR Forfeited CR Accounts CR Merch. Inv. CR Jan. 2 Awesome, Corp. (g) 830 810 20 9 King, Inc. (h) 490 490 19 Note Receivable (i) 4,480 Interest Revenue 3 30 J.T. Folk 31 Jan. 31 Total 4,000 480 (k) 330 320 10 4,230 4,230 3,500 10,360 1,620 4,230 30 4,480 3,500 (a) (c) (d) (b) (e) (f) General ledger Number Account 110 Cash 115 Accounts Receivable 118 Merchandise Inventory 125 Notes Receivable 510 Sales Revenue 512 Sales Discounts Forfeited 520 Interest Revenue 611 Cost of Goods Sold
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