- You have to do a general journal for each one

Part 1 [70 points] Inter-Trece Corp. is a small computer consulting business. The company is organized as a corporation and provides consulting services, computer system installations, and custom program development. Inter-Trade Corp. showed the following alphabetized post-dasing trial balance at May 31, 2014. Account Balance Accounts payable 34,500 Accounts receivable 69,51) Accumulated depreciation, building 2,500 Building 35,000 Cash... 128,000 Ratainad earnings 71,510 Share capital 124,000 Note: : . There were 2.000 shares issued and outstanding on May 31, 2014. . Depreciation on the building is $700 per month Inter-Trade Corp's salaries expense is a total of $850 per day for each work day (Monday-Friday) in the month (for simplicity, please ignore all statutory holidays). EN NYE 1 The following source documents are from June Decret 1624 ITSEE Per 1 1 15222 - 1 ac NUTE? Puste CE41281523 TONER Ir CLAYU wa Wavca Irie MATE 3 a) Analyze exach of the preceding source: cacuments and prepare journal entries using this information only. Note that some source documents may not require an entry. Also, all tills are recorded in the journal on the day they are received. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dinim (ie. January 15 would be 15/Jar). General Joumal Account Explanation PAS GJ1 F Dahit Credit General Journal Account Explanation Page GJZ FDnb Credit Date Date + - + - + + x x Deposit slip (June 1) Purchase Order 8881 Inter-Trode Corp. Date: June 1, 2014 3201 76 Street PO No.: 8861 Vancouver, British Columbia GSM 8Y9 Inter-Trade Corp 3201 76 Street , G5M 8Y9 Purchase Order 4626 Date: June 2, 2014 PO No.: 4626 6 British Columbia XYZC0 13977 Falton Road Vancouver, British Columbia K3F BUD Inter-Office Memo 1 Date: June 1, 2014 From: Linda Champion To: Office Assistant Subject: Cash Disbursement Please write a cheque to BetaCo in the amount of $10,800 This will pay for insurance for the next 12 months. Thanks Linda Champion Vendor: Shawna's Machinery 14090 Falton Street Vancouver, British Columbia DZA 1P5 Ship To: Inter-Trode Corp. 3201 76 Street Vancouver, British Columbia GSM 8Y9 Vendor: Betaco 12153 Falton Road Vancouver, British Columbia FSA 8S4 Ship To: Inter-Trode Corp. 3201 76 Street Vancouver, British Columbia GSM 8Y9 Inter-Trade Corp. 3201 76 Street Vancouver, British Columbia GSM 8Y9 Date: June 1, 2014 Account No.: 3747 Ordered Description Item No. MAC943 Unit Total Price $14.400 $14.400 Cash Unit Total Price $117 $5,616 1 Item Ordered Description No. SR11 48 Product training to begin on July 1, 2014 per hour Machinery Estimated useful life: 10 years. Cheques (re: 1,000 shares issued today) $95,000 Estimated residual value $3,360. Total Deposits $95.000 Sub- Total: $5,616 Receipt from Jan's Diner Invoice 9546 Shawna's Machinery Date: June 3, 2014 14090 Falton Street Vancouver, British Columbia Involce No.: 9546 D2A 1P5 Receipt 5294 Inter-Trode Corp Date: June 3, 2014 3201 76 Street Receipt No.: 5294 DENIV. British Columbia Customer Alfaco 14353 Paper Street Rep: Bob Delgado Vancouver, British Columbia T7J8C5 Jan's Diner 348 Franklin Street Vancouver, British Columbia 357-0168 Check #: 6592 Customer: Inter-Trode Corp. 3201 76 Street Vancouver, British Columbia G5M 8Y9 Receipt 5295 Inter-Trade Corp Date: 3201 76 Street June 7. 2014 Receipt No.: 5295 Vancouver, British Columbia G5M BY9 Customer XYZC Rep: 4491 45 Avenue Travis Goodall Vancouver, British Columbia Invoice No.: Verbal V4V 4E5 Rep: Linda Champion PO No.: 8861 Server: Andrew Table: 48 Date: June 4, 2014 Time: 12:57 Unit Price Total Qty Description Unit Total Price 1 Machinery as ordered on June 1, $14,400 $14,400 2014. Estimated useful life : 10 years. Estimated residual value: $3,360. Qty Description 4 Ongoing consulting regarding security, per month. To begin immediately and end September 30, 2014. 2 Pop 3 Fettucini alfredo 2 Pizza, hawaiian 3 Club sandwich 1 Caesar salad with chicken Qty Description 7 Instructional seminar, per hour Unit Price Total $1175819 $2,200 $8.800 $ 4.00 30.00 24.00 24.00 10.00 Total: $92.00 Cash Received: $92.00 Total: $819 Pald: $819 Balance Due: $0 SUD Total: $8,800 Paid: $8,800 Thank you for dining with us! Total Total $14.400 Receipt 5296 Inter-Trode Corp. Date: June 10, 2014 3201 76 Street Vancouver, British Columbia Receipt No.: 5296 G5M 8Y9 Invoice 8607 x Inter-Trade Corp. Date: June 10, 2014 3201 76 Street Invoice No.: 8607 Vancouver, British Columbia G5M BY9 Invoice 8608 Inter-Trade Corp Date: June 13, 2014 3201 76 Street Invoice No.: 8608 Vancouver, British Columbia GSM 8Y9 Receipt 5297 X Inter-Trade Corp Date June 15, 2014 3201 76 Street Receipt No. 5297 Vancouver, British Columbia G5M 8Y9 Relomer: Customer: TrexCo 9289 Elm Trail Vancouver, British Columbia S8D 8J3 Rep: Harold Cooper Invoice No.: Verbal Rep: Travis Goodall PO No.: Verbal 12895 Franklin Road Vancouver, British Columbia F4H 6T2 Customer: Westco 4325 Paper Road Vancouver, British Columbia Y70 602 Rep: Avery Wilson PO No.: Vertal Customer: Betaco 12895 Franklin Road Vancouver, British Columbia F4H 6T2 Rep. Travis Goodall aty Qty Description 3 Instructional seminar, per hour Description Qty Total Description Unit Price Total $83 $249 Total Unit Price Unit Price Qty Unit Price Total $117 $8,424 $117 $6,552 72 Training on new computer software I per hour SO Description Balance forward Invoice #8607 (on June 10, 2014) 56 System wide testing on new program, per hour 64 Training on new computer software, per hour 1 $8,424 $8,424 $117 $7.488 Total: $249 Pald: $249 Balance Due: SO Sub $8,424 Total: Total: $8,424 Pald: $8,424 $ Freight: 0 Sub.514.040) x Inter-Office Memo 3 X X Inter-Office Memo 2 Date: June 15, 2014 From: Linda Champion To: Office Assistant Subject: Cash Disbursement Date: June 21, 2014 From: Linda Champion To: Office Assistant Subject: New Hire Vancouver Power Bill x Vancouver Power Customer Name: Inter-Trode Col 9536 Franklin Road Account No.: Vancouver, British Columbia Service Period: 01/Jun - 24/Jul 2116480 18H 102 Invoice Date: June 24, 2014 Previous Charges Previous balance forward $900 Payment on May 31 S-900 Total previous charges $0 Inter-Office Memo 4 Date: June 25, 2014 From Linda Champion To: Office Assistant Subject: Cash Disbursement Please prepare a cheque to Shawna's Machinery in the amount of $14,400. This will pay for the invoice received on June 3 Linda Champion has accepted our job offer and will begin employment with us on July 1. Please get everything ready for that date. Thanks Linda Champion Please prepare a cheque for salaries owed to employees for a the period June 1 to June 25 Thanks Linda Champion Thanks, Linda Champion Current Charges Water and sewage Natural Gas Electricity Total current charges $450 $250 $200 $900 Amount Due: $900 x X Customer Statement for Westco Inter-Trode Corp. 3201 76 Street Date: June 30, 2014 Vancouver, British Columbia GSM 8Y9 Receipt 4333 x Bert's Fix-it Date: June 25, 2014 5943 45 Avenue Receipt No.: 4333 Vancouver, British Columbia S50 9x5 Customer: Inter-Trade Corp 3201 76 Street Rep: Linda Champion Vancouver, British Columbia GSM BY9 Inter-Office Memo 5 5 Date: June 30, 2014 From: Linda Champion To: : Office Assistant Subject: Cash Disbursement Please prepare a cheque to pay the Vancouver Power bill received on June 24 Thanks, Linda Champion Inter-Office Memo 5 Date: June 30, 2014 From: Linda Champion To: Office Assistant Subject: Cash Disbursement Please prepare a cheque to pay the Vancouver Power bill received on June 24 Thanks Linda Champion Customer Westco 4325 Paper Road Vancouver, British Columbia Y70 602 Amount Balance Qty Description 1 Repairs to building Unit Price Total $900 $900 Date Description June 1 Balance forward June 13 Invoice #8608 $0 $14,040 $14,040 Total: $900 Pald: $900 Balance Due: $0 Amount Due: $14,040 Part 1 [70 points] Inter-Trece Corp. is a small computer consulting business. The company is organized as a corporation and provides consulting services, computer system installations, and custom program development. Inter-Trade Corp. showed the following alphabetized post-dasing trial balance at May 31, 2014. Account Balance Accounts payable 34,500 Accounts receivable 69,51) Accumulated depreciation, building 2,500 Building 35,000 Cash... 128,000 Ratainad earnings 71,510 Share capital 124,000 Note: : . There were 2.000 shares issued and outstanding on May 31, 2014. . Depreciation on the building is $700 per month Inter-Trade Corp's salaries expense is a total of $850 per day for each work day (Monday-Friday) in the month (for simplicity, please ignore all statutory holidays). EN NYE 1 The following source documents are from June Decret 1624 ITSEE Per 1 1 15222 - 1 ac NUTE? Puste CE41281523 TONER Ir CLAYU wa Wavca Irie MATE 3 a) Analyze exach of the preceding source: cacuments and prepare journal entries using this information only. Note that some source documents may not require an entry. Also, all tills are recorded in the journal on the day they are received. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dinim (ie. January 15 would be 15/Jar). General Joumal Account Explanation PAS GJ1 F Dahit Credit General Journal Account Explanation Page GJZ FDnb Credit Date Date + - + - + + x x Deposit slip (June 1) Purchase Order 8881 Inter-Trode Corp. Date: June 1, 2014 3201 76 Street PO No.: 8861 Vancouver, British Columbia GSM 8Y9 Inter-Trade Corp 3201 76 Street , G5M 8Y9 Purchase Order 4626 Date: June 2, 2014 PO No.: 4626 6 British Columbia XYZC0 13977 Falton Road Vancouver, British Columbia K3F BUD Inter-Office Memo 1 Date: June 1, 2014 From: Linda Champion To: Office Assistant Subject: Cash Disbursement Please write a cheque to BetaCo in the amount of $10,800 This will pay for insurance for the next 12 months. Thanks Linda Champion Vendor: Shawna's Machinery 14090 Falton Street Vancouver, British Columbia DZA 1P5 Ship To: Inter-Trode Corp. 3201 76 Street Vancouver, British Columbia GSM 8Y9 Vendor: Betaco 12153 Falton Road Vancouver, British Columbia FSA 8S4 Ship To: Inter-Trode Corp. 3201 76 Street Vancouver, British Columbia GSM 8Y9 Inter-Trade Corp. 3201 76 Street Vancouver, British Columbia GSM 8Y9 Date: June 1, 2014 Account No.: 3747 Ordered Description Item No. MAC943 Unit Total Price $14.400 $14.400 Cash Unit Total Price $117 $5,616 1 Item Ordered Description No. SR11 48 Product training to begin on July 1, 2014 per hour Machinery Estimated useful life: 10 years. Cheques (re: 1,000 shares issued today) $95,000 Estimated residual value $3,360. Total Deposits $95.000 Sub- Total: $5,616 Receipt from Jan's Diner Invoice 9546 Shawna's Machinery Date: June 3, 2014 14090 Falton Street Vancouver, British Columbia Involce No.: 9546 D2A 1P5 Receipt 5294 Inter-Trode Corp Date: June 3, 2014 3201 76 Street Receipt No.: 5294 DENIV. British Columbia Customer Alfaco 14353 Paper Street Rep: Bob Delgado Vancouver, British Columbia T7J8C5 Jan's Diner 348 Franklin Street Vancouver, British Columbia 357-0168 Check #: 6592 Customer: Inter-Trode Corp. 3201 76 Street Vancouver, British Columbia G5M 8Y9 Receipt 5295 Inter-Trade Corp Date: 3201 76 Street June 7. 2014 Receipt No.: 5295 Vancouver, British Columbia G5M BY9 Customer XYZC Rep: 4491 45 Avenue Travis Goodall Vancouver, British Columbia Invoice No.: Verbal V4V 4E5 Rep: Linda Champion PO No.: 8861 Server: Andrew Table: 48 Date: June 4, 2014 Time: 12:57 Unit Price Total Qty Description Unit Total Price 1 Machinery as ordered on June 1, $14,400 $14,400 2014. Estimated useful life : 10 years. Estimated residual value: $3,360. Qty Description 4 Ongoing consulting regarding security, per month. To begin immediately and end September 30, 2014. 2 Pop 3 Fettucini alfredo 2 Pizza, hawaiian 3 Club sandwich 1 Caesar salad with chicken Qty Description 7 Instructional seminar, per hour Unit Price Total $1175819 $2,200 $8.800 $ 4.00 30.00 24.00 24.00 10.00 Total: $92.00 Cash Received: $92.00 Total: $819 Pald: $819 Balance Due: $0 SUD Total: $8,800 Paid: $8,800 Thank you for dining with us! Total Total $14.400 Receipt 5296 Inter-Trode Corp. Date: June 10, 2014 3201 76 Street Vancouver, British Columbia Receipt No.: 5296 G5M 8Y9 Invoice 8607 x Inter-Trade Corp. Date: June 10, 2014 3201 76 Street Invoice No.: 8607 Vancouver, British Columbia G5M BY9 Invoice 8608 Inter-Trade Corp Date: June 13, 2014 3201 76 Street Invoice No.: 8608 Vancouver, British Columbia GSM 8Y9 Receipt 5297 X Inter-Trade Corp Date June 15, 2014 3201 76 Street Receipt No. 5297 Vancouver, British Columbia G5M 8Y9 Relomer: Customer: TrexCo 9289 Elm Trail Vancouver, British Columbia S8D 8J3 Rep: Harold Cooper Invoice No.: Verbal Rep: Travis Goodall PO No.: Verbal 12895 Franklin Road Vancouver, British Columbia F4H 6T2 Customer: Westco 4325 Paper Road Vancouver, British Columbia Y70 602 Rep: Avery Wilson PO No.: Vertal Customer: Betaco 12895 Franklin Road Vancouver, British Columbia F4H 6T2 Rep. Travis Goodall aty Qty Description 3 Instructional seminar, per hour Description Qty Total Description Unit Price Total $83 $249 Total Unit Price Unit Price Qty Unit Price Total $117 $8,424 $117 $6,552 72 Training on new computer software I per hour SO Description Balance forward Invoice #8607 (on June 10, 2014) 56 System wide testing on new program, per hour 64 Training on new computer software, per hour 1 $8,424 $8,424 $117 $7.488 Total: $249 Pald: $249 Balance Due: SO Sub $8,424 Total: Total: $8,424 Pald: $8,424 $ Freight: 0 Sub.514.040) x Inter-Office Memo 3 X X Inter-Office Memo 2 Date: June 15, 2014 From: Linda Champion To: Office Assistant Subject: Cash Disbursement Date: June 21, 2014 From: Linda Champion To: Office Assistant Subject: New Hire Vancouver Power Bill x Vancouver Power Customer Name: Inter-Trode Col 9536 Franklin Road Account No.: Vancouver, British Columbia Service Period: 01/Jun - 24/Jul 2116480 18H 102 Invoice Date: June 24, 2014 Previous Charges Previous balance forward $900 Payment on May 31 S-900 Total previous charges $0 Inter-Office Memo 4 Date: June 25, 2014 From Linda Champion To: Office Assistant Subject: Cash Disbursement Please prepare a cheque to Shawna's Machinery in the amount of $14,400. This will pay for the invoice received on June 3 Linda Champion has accepted our job offer and will begin employment with us on July 1. Please get everything ready for that date. Thanks Linda Champion Please prepare a cheque for salaries owed to employees for a the period June 1 to June 25 Thanks Linda Champion Thanks, Linda Champion Current Charges Water and sewage Natural Gas Electricity Total current charges $450 $250 $200 $900 Amount Due: $900 x X Customer Statement for Westco Inter-Trode Corp. 3201 76 Street Date: June 30, 2014 Vancouver, British Columbia GSM 8Y9 Receipt 4333 x Bert's Fix-it Date: June 25, 2014 5943 45 Avenue Receipt No.: 4333 Vancouver, British Columbia S50 9x5 Customer: Inter-Trade Corp 3201 76 Street Rep: Linda Champion Vancouver, British Columbia GSM BY9 Inter-Office Memo 5 5 Date: June 30, 2014 From: Linda Champion To: : Office Assistant Subject: Cash Disbursement Please prepare a cheque to pay the Vancouver Power bill received on June 24 Thanks, Linda Champion Inter-Office Memo 5 Date: June 30, 2014 From: Linda Champion To: Office Assistant Subject: Cash Disbursement Please prepare a cheque to pay the Vancouver Power bill received on June 24 Thanks Linda Champion Customer Westco 4325 Paper Road Vancouver, British Columbia Y70 602 Amount Balance Qty Description 1 Repairs to building Unit Price Total $900 $900 Date Description June 1 Balance forward June 13 Invoice #8608 $0 $14,040 $14,040 Total: $900 Pald: $900 Balance Due: $0 Amount Due: $14,040