Question
What are the journal entries for the following transactions for September? Date September 2019 Transactions 1 In-store sales were for 6 mens TShirts, 10 Leisure
What are the journal entries for the following transactions for September?
Date September 2019 | Transactions |
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1 | In-store sales were for 6 mens TShirts, 10 Leisure wear, 2 short surfboards |
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2 | 10 adults and 20 children had surfing lessons and paid |
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3 | Surf Warehouse had a promotion for Womens clothing. Rose purchased 30 Womens TShirts. Surf Warehouse Invoice #322 Terms n/10 |
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4 | 15 children paid for surfing lessons. |
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5 | Sold - 35 Womens swimwear and 35 Mens swimwear to a new customer, Manly High School (ABN 23 454 654 567 Surf Road, Manly) Swim Team. (terms n/7) |
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6 | In-store sales were for 18 womens TShirts and Leisure Wear, each and 12 mens TShirts. |
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7 | 16 adults and 16 children paid for surfing lessons. |
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8 | In-store sales were for 20 mens TShirts, 4 short surfboards and 6 long boards. |
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9 | Paid BPay for electricity bill to Energy Australia of $426.40 (including GST) |
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10 | Received payment from Manly High School. |
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12 | Purchased 50 womens TShirts and 50 mens TShirts, 50 Womens swimsuits from Surf Warehouse. Terms n/10. Invoice #888 |
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13 | Paid Surf Warehouse invoice # 322 |
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13 | Manly Girls High purchased 55 swimsuits. (ABN 27 343 456 765, 209 Pittwater Road, Manly). (Terms n/30) |
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15 | In-store sales were for 16 mens TShirts, 20 Leisure wear, 5 short boards and 6 long boards | |
15 | Rose purchased a new computerised cash register. Cost $4500 + GST, useful life of 5 years, no residual value. It will arrive tomorrow. The supplier is Checkout Chicks Ltd, 78 Pacific Avenue, Pymble NSW 2075 (ABN 45 655 766 877) Invoice #459, Payable in 30 days.
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16 | 20 adults and 30 children paid for surfing lessons. | |
16 | Rose ordered 100 Leisure wear from a new supplier Cool Clothing Company (180 Beach Road, Noosa Heads, QLD 4567 + Freight $110 (incl GST) Payable 20/10, n/30, Invoice # 344. Discount does not apply to freight. | |
17 | In-store sales were for 40 womens TShirts, 25 mens TShirts. 5 short boards were sold for cash. | |
19 | Paid for an advertising campaign from The Advertising Gurus, 255 George Street Sydney NSW 2000 (ABN 25 678 987 543) Invoice No. 23459. (Terms n/30) This will run during October to November at a cost of $30,000 + GST. | |
22 | Sold 25 Womens and 25 mens swimmers to Pittwater High School at a 10% discount, payable in 30 days. The shop donated 2 Long boards to the school for $nil. | |
24 | Paid $660 (including GST) by Direct payment to Manly Council for Council rates for 3 months September to November 2019 | |
25 | Paid $440 by Direct payment for telephone and internet charges to Telstra for September 2019 (including GST) | |
26 | Paid Cool Clothing Company Invoice # 344, Paid Checkout Chicks | |
27 | Did a stock take. There were 9 short boards and 12 Long boards counted. | |
29 | Bought a new delivery van from City Toyota (45 Winburne Road, Brookvale NSW 2100) - Invoice No. 835 for $25,000 + GST. Terms n/30. | |
30 | Monthly bank statement received from the Bank showed the following transactions on the 30 September - Bank Charges - $15, Direct Debit - Interest Income $175 (direct Credit) |
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