You are provided with the EOM Special Journal totals (CPJ - 'Other' type Account Trans. Are presented in the "Other Expenditures" table) Gen. Ledger opening balances are provided (incl. reversing entries from TASK 1). NB; You are not required to post data to the subsidiary ledgers. You are required to post the relevant EON totals to the A/Receivable & A/Payable Control accounts. Prepare: A11 General ledger postings from the Special Journals & the 'Other Expenditures table. CASH RECEIPTS JOURNAL CPJ "Other Expenditures" DEBITS CREDITS Date Account Other Acc's Date Account Bank Disc. Allow Sales A/Rec's Aug. 1 Freight inwards 200.00 Aug. 30 EOM totals 87415.90 789.10 44550.00 43655.00 7 Sales salaries 1800.00 Office salaries 700.00 CASH PAYMENTS JOURNAL 8 Drawings 600.00 DEBITS CREDITS 12 Electricity exp. 525.00 Date Account Cheque # Other Acc's A/Payable Bank Disc. Rec'd 14 Sales salaries 1800.00 Aug. 30 EOM totals 19243.00 52945.00 71180.00 1008.00 Office salaries 700.00 15 Drawings 780.00 PURCHASE JOURNAL Delivery exp. 368.00 Inv Date Account name Terms Purchases A/Payable 19 Telephone exp. 620.00 Aug. 30 EOM totals 44350.00 44350.00 21 Sales salaries 1800.00 Office salaries 700.00 SALES JOURNAL 22 Drawings 800.00 Inv Date Account name Sales Deliv. Exp A/Receivable 26 Legal & Acctg. Exp 350.00 Aug. 30 EOM totals 58395.00 335.000 58730.00 28 Purchases 5000.00 Sales salaries 1800.00 THE BRIGHT SPOT GENERAL LEDGER Office salaries 700.00 CURRENT ASSETS EOM totals 19243.00 CASH AT BANK Date Particulars Debit Credit Balance PLANT ASSETS Aug-01 Bal b/d ########## STORE EQUIPMENT AT COST Date Particulars Debit Credit Balance Aug-01 Bal b/d ########## ACCOUNTS RECEIVABLE CONTROL Date Particulars Debit Credit Aug-01 Bal b/d Balance $ 4, 725.00 STORE EQUIPMENT ACCUM. DEPRECIATION Date Particulars Debit Credit Aug-01 Bal b/d $ 8,900.00 Balance INVENTORY Debit Date DELIVERY TRUCK AT COST Debit Credit Credit Particulars Aug-01 Bal b/d Balance # ########## Date Particulars Aug-01 Bal b/d Balance ########## SUPPLIES ON HAND Debit DELIVERY TRUCK ACCUM. DEPRECIATION Date Particulars Debit Credit Aug-01 Bal b/d $ 6,500.00 Balance Credit Date Particulars Aug-01 Bal b/d Balance $ 516.00 PREPAID RENT Debit Credit Date Particulars Aug-01 Bal b/d Balance $ 500.00 PREPAID INSURANCE Debit Credi Date Particulars Aug-01 Bal b/d Balance $ 800.00 OWNER'S EQUITY CURRENT LIABILITIES ACCOUNTS PAYABLE CONTROL Date Particulars Debit Credit Aug-01 Bal b/d ########## CAPITAL Debit Balance Credit Date Particulars Aug-01 Bal b/d Balance ########## DRAWINGS Debit $ 16,000.00 Credit Date Particulars Aug-01 Bal b/d Balance Balance SALES SALARIES PAYABLE Date Particulars Debit Credit Aug-01 Bal b/d $ 900.00 Reversal $ 900.00 $ INCOME SUMMARY Debit Date Particulars Credit Balance Balance OFFICE SALARIES PAYABLE Date Particulars Debit Credit Aug-01 Bal b/d $ 300.00 Reversal $ 300.00 Balance Date Particulars Aug-01 Bal b/d Reversal TELEPHONE PAYABLE Debit Credit $ 400.00 $ 400.00 COST OF GOODS SOLD PURCHASES Debit Credit Date Particulars Balance Balance Date Particulars Aug-01 Bal b/d Reversal ELECTRICITY PAYABLE Debit Credit $ 250.00 $ 250.00 FREIGHT INWARDS Debit Date Particulars Credit Balance REVENUE SALES Debit Date Particulars Credit Balance ADMINISTRATIVE AND OTHER EXPENSES OFFICE SALARIES EXPENSE Particulars Debit Credit Date Balance DISCOUNT RECEIVED Debit Date Particulars Credit Balance RENT EXPENSE Debit Date Particulars Credit Balance SELLING EXPENSES SALES SALARIES EXPENSE Particulars Debit Credit TELEPHONE EXPENSE Debit Credit Date Balance Date Particulars Balance SUPPLIES EXPENSE Debit LEGAL AND ACCOUNTING FEES EXPENSE Particulars Debit Credit Date Particulars Credit Balance Date Balance DELIVERY EXPENSE Debit Particulars Date INSURANCE EXPENSE Debit Credit Credit Balance Date Particulars Balance ELECTRICITY EXPENSE Debit Credit DISCOUNT ALLOWED Debit Date Particulars Balance Date Particulars Credit Balance table You are provided with the EOM Special CPJ - 'Other' type Account Trans. Are presented in the "Other Expenditures' Gen. Ledger opening balances are provided (incl. reversing entries from TASK 1). NB; You are not required to post data to the subsidiary ledgers. Prepare: A11 General ledger postings from the "Other Expenditures" table. CPJ "Other Expenditures Date Account Other Acc's Aug. 1 Freight inwards 200.00 7 Sales salaries 1800.00 Office salaries 700.00 8 Drawings 600.00 12 Electricity exp. 525.00 14 Sales salaries 1800.00 Office salaries 700.00 15 Drawings 780.00 Delivery exp. 368.00 19 Telephone exp. 620.00 21 Sales salaries 1800.00 Office salaries 700.00 22 Drawings 800.00 26 |Legal & Acctg. Exp 350.00 28 Purchases 5000.00 Sales salaries 1800.00 Office salaries 700.00 EOM totals 19243.00