7:49 X Individual Review Assignment #2 -... 1 of 16 Westend Northern Reflections to the other working for the to page and be posted to manage the Inventory mandle the weated to determine whether The opening balaton for the month of Balance Sheet Asar September 18, 2010 Att Cuentos Cash Acrecebe Merchandise The Current proptery, Plant & met 110.000 Accumulated Total Assets Lab 00 $15.00 Acable $16.00 Current Portion of Total $22.200 Non-Current Non Current Portal Bantam Total abilities | $40,00 Shareholden' Iquity Common Sharm Rand Total Shareholder Total Liabilities Equity The hon an etendus The type de suspeh The character Account Description Arcant ASSETS cas SD Account Rese 110 Merch 120 12 JEDENSES 140 kwa sas 19 Acoustin Interest Payable che Pava nel 200 205 720 . an waris per Maintenance per es Unco 240 745 SHAREHOLDERS COUNTY Common Shares Red 100 7:49 X Individual Review Assignment #2 -... 2 of 16 Transactions for the month of October Oct od 2 outs Octs loc Octs Bought inventory from Outdoor Music, invoice 154559023 purchase were 4/20.net 30. Update the inventory table her ad purchase Sold goods to Outback Kian, 600 units at $80 each with it. The imice net 30. Update the inventory table after each Paid $1,100 with cheque 1183 to Outdoor Mat forze amount went to last cont Bought inventory from Camb for with the 146.650 units at 55 per unit Returned 150 defective units to ime and received cash Received from Firewood Bal for a sale on account is month Outback. Clan paid invoice 4741 on time and took advantage of the early payment Prepared the payroll for October, Gros pays $8.000, CP 505150 andine $1,600 The employer matches CPP contributions and pays 14 times the detection peneral journal to record this. The cheque will be prepared Made monthly bank loan payment of Sto which includes $500pcan00 Oct 10 Oct 31 Oct 1 Required: Record the transactions above in the general journal and the post amounts to the General Led Note to remember to enter your posting reference 7:49 X Individual Review Assignment #2 3 of 16 General Journal Date Account Title and Explanation PR DA 7:49 X Individual Review Assignment #2 -... 4 of 16 General Journal Date Account Title and explanation Page a PR DR 7:49 X Individual Review Assignment #2 -... 5 of 16 101 General Ledger Accounts Account Cash Date Description Opening Balance PR DR CR GLO Balance ORO 27.2000 Account Date Petty Cash Description Opening balance GL 105 Balance OR ORD PR DR CR Account Date Accounts Receivable Description Denis Balance PR DR CR GL Balance or 16.000.00 Account Date DR Merchandise Inventory Description PR Open Balance CR GLNE 120 Balance ORGON 12.000 OR Account Date Prepaid insurance Description Opening Balance PR DR CR GL Balance Q 7:50 X Individual Review Assignment #2 -... GL 140 6 of 16 ent tion Opening Balance DR 130.000 Account: Date Accumulated Depreciation Description PR Opening Balance DR GL Balance OR CR 35.000 Account Date Accounts Payable Description Opening Balance PR DR OR GLO Balance DR CR 16.200.000 Account Date Interest Payable Description ning Balance PR DR . GL Balance DR GO ALO Date CPP Payable Description PR DR 16 GLN Blue OCR DOC Payable Account: Date PR DR Description Opening Balance Balance OOR Account: Date Income Tax Payable Description ning Balance PR DR OR 210 Balancer DOC Account: Date Salaries Payable Description Opening Balance DR GL 235 Salas DOR B000 Account Unserns STEMS 7:50 7 Individual Review Assignment #2 -... 7 of 16 Revenue PR DR OR tion Openint Balance GLN Balance or coola ALCOI Date Bank Loan Description Openine Balance PR DR CR GIN Balance DRC 240000 Account Common Shares Date Description Opening Balance PR DR GL NO 300 Balance 50.000 ICR Account: Retained Earnings Description Opening Balance PR DR OR 105 Balne OCR $1.000 DOOR Account Date Sales Revenue Description GEN Balance OOR PR DR OR Account Date Sales Discounts Description GLIN Balancer OR 430 Account Date Sales Returns and Allowances Description PR DR CR Balance Account: Date Interest Revenue Description OR GL Balance PR CR Account Cost of Goodiso GLNG 500 7:50 X Individual Review Assignment #2 -... 8 of 16 Goods Sold Date Description PR GN Balance DR CR Account: Date Employee Benefits Expense Description GL 50 Race OR DR 515 Account Date Depreciation Expense Description GL Balance PR DR CH Account: Date Insurance Expense Description GL Balance PR OR GL Account Date Interest Expense Description PR DR OR OR Balance 5) Account Date Office Supplies Expense Description GLN Balance FR OR 16 Account: Date Rent Experie Description GLN Balance PR DR CR Account Date Salaries Eupense Description GLE Balance PR DR CE 7:50 4 X Individual Review Assignment #2 -... 9 of 16 Account: Bank Charges Expense Description PR GLO Balance DR CE Account Date Entertainment Expense Description PR GL 555 Balance DROFOR OR OR 7:50 4 X Individual Review Assignment #2 -... 10 of 16 DECO Tad ON 7:50 X Individual Review Assignment #2 11 of 16 DO re PONTOR CONCIATION POST mo pent D Bank B 7:50 X Individual Review Assignment #2 -... 12 of 16 BONTORETTORE RLS BOONGATION THE GENERADOR Berander La 7:50 4 X Individual Review Assignment #2 -... 13 of 16 Shah men 7:50 4 X Individual Review Assignment #2 -... 14 of 16 men ca mm 7:50 4 X Individual Review Assignment #2 -... 15 of 16 See 7:50 now WHATSAPP Darsh Fnshw Me too man 7:49 X Individual Review Assignment #2 -... 1 of 16 Westend Northern Reflections to the other working for the to page and be posted to manage the Inventory mandle the weated to determine whether The opening balaton for the month of Balance Sheet Asar September 18, 2010 Att Cuentos Cash Acrecebe Merchandise The Current proptery, Plant & met 110.000 Accumulated Total Assets Lab 00 $15.00 Acable $16.00 Current Portion of Total $22.200 Non-Current Non Current Portal Bantam Total abilities | $40,00 Shareholden' Iquity Common Sharm Rand Total Shareholder Total Liabilities Equity The hon an etendus The type de suspeh The character Account Description Arcant ASSETS cas SD Account Rese 110 Merch 120 12 JEDENSES 140 kwa sas 19 Acoustin Interest Payable che Pava nel 200 205 720 . an waris per Maintenance per es Unco 240 745 SHAREHOLDERS COUNTY Common Shares Red 100 7:49 X Individual Review Assignment #2 -... 2 of 16 Transactions for the month of October Oct od 2 outs Octs loc Octs Bought inventory from Outdoor Music, invoice 154559023 purchase were 4/20.net 30. Update the inventory table her ad purchase Sold goods to Outback Kian, 600 units at $80 each with it. The imice net 30. Update the inventory table after each Paid $1,100 with cheque 1183 to Outdoor Mat forze amount went to last cont Bought inventory from Camb for with the 146.650 units at 55 per unit Returned 150 defective units to ime and received cash Received from Firewood Bal for a sale on account is month Outback. Clan paid invoice 4741 on time and took advantage of the early payment Prepared the payroll for October, Gros pays $8.000, CP 505150 andine $1,600 The employer matches CPP contributions and pays 14 times the detection peneral journal to record this. The cheque will be prepared Made monthly bank loan payment of Sto which includes $500pcan00 Oct 10 Oct 31 Oct 1 Required: Record the transactions above in the general journal and the post amounts to the General Led Note to remember to enter your posting reference 7:49 X Individual Review Assignment #2 3 of 16 General Journal Date Account Title and Explanation PR DA 7:49 X Individual Review Assignment #2 -... 4 of 16 General Journal Date Account Title and explanation Page a PR DR 7:49 X Individual Review Assignment #2 -... 5 of 16 101 General Ledger Accounts Account Cash Date Description Opening Balance PR DR CR GLO Balance ORO 27.2000 Account Date Petty Cash Description Opening balance GL 105 Balance OR ORD PR DR CR Account Date Accounts Receivable Description Denis Balance PR DR CR GL Balance or 16.000.00 Account Date DR Merchandise Inventory Description PR Open Balance CR GLNE 120 Balance ORGON 12.000 OR Account Date Prepaid insurance Description Opening Balance PR DR CR GL Balance Q 7:50 X Individual Review Assignment #2 -... GL 140 6 of 16 ent tion Opening Balance DR 130.000 Account: Date Accumulated Depreciation Description PR Opening Balance DR GL Balance OR CR 35.000 Account Date Accounts Payable Description Opening Balance PR DR OR GLO Balance DR CR 16.200.000 Account Date Interest Payable Description ning Balance PR DR . GL Balance DR GO ALO Date CPP Payable Description PR DR 16 GLN Blue OCR DOC Payable Account: Date PR DR Description Opening Balance Balance OOR Account: Date Income Tax Payable Description ning Balance PR DR OR 210 Balancer DOC Account: Date Salaries Payable Description Opening Balance DR GL 235 Salas DOR B000 Account Unserns STEMS 7:50 7 Individual Review Assignment #2 -... 7 of 16 Revenue PR DR OR tion Openint Balance GLN Balance or coola ALCOI Date Bank Loan Description Openine Balance PR DR CR GIN Balance DRC 240000 Account Common Shares Date Description Opening Balance PR DR GL NO 300 Balance 50.000 ICR Account: Retained Earnings Description Opening Balance PR DR OR 105 Balne OCR $1.000 DOOR Account Date Sales Revenue Description GEN Balance OOR PR DR OR Account Date Sales Discounts Description GLIN Balancer OR 430 Account Date Sales Returns and Allowances Description PR DR CR Balance Account: Date Interest Revenue Description OR GL Balance PR CR Account Cost of Goodiso GLNG 500 7:50 X Individual Review Assignment #2 -... 8 of 16 Goods Sold Date Description PR GN Balance DR CR Account: Date Employee Benefits Expense Description GL 50 Race OR DR 515 Account Date Depreciation Expense Description GL Balance PR DR CH Account: Date Insurance Expense Description GL Balance PR OR GL Account Date Interest Expense Description PR DR OR OR Balance 5) Account Date Office Supplies Expense Description GLN Balance FR OR 16 Account: Date Rent Experie Description GLN Balance PR DR CR Account Date Salaries Eupense Description GLE Balance PR DR CE 7:50 4 X Individual Review Assignment #2 -... 9 of 16 Account: Bank Charges Expense Description PR GLO Balance DR CE Account Date Entertainment Expense Description PR GL 555 Balance DROFOR OR OR 7:50 4 X Individual Review Assignment #2 -... 10 of 16 DECO Tad ON 7:50 X Individual Review Assignment #2 11 of 16 DO re PONTOR CONCIATION POST mo pent D Bank B 7:50 X Individual Review Assignment #2 -... 12 of 16 BONTORETTORE RLS BOONGATION THE GENERADOR Berander La 7:50 4 X Individual Review Assignment #2 -... 13 of 16 Shah men 7:50 4 X Individual Review Assignment #2 -... 14 of 16 men ca mm 7:50 4 X Individual Review Assignment #2 -... 15 of 16 See 7:50 now WHATSAPP Darsh Fnshw Me too man