Assignment 2- pg 13

Entry for Cash Sales; Cash Short The actual cash received from cash sales was $18,371, and the amount indicated by the cash register total was $18,400. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank.   Cash        Cash Short and Over        Sales

Entry for Cash Sales; Cash Short The actual cash received from cash sales was $31,072 and the amount indicated by the cash register total was $31,093. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank.

Entry for cash sales; cash short The actual cash received from cash sales was $35,440, and the amount indicated by the cash register total was $35,474. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank.

Entry for cash sales; cash short The actual cash received from cash sales was $83,452, and the amountindicated by the cash register total was $83,480. Journalize the entry torecord the cash receipts and cash sales.

Entry for cash sales; cash short Instructions Chart of Accounts Journal Instructions The actual cash received from cash sales was $36,006, and the amount indicated by the cash register total was $36,010. Journalize the entry to record the cash receipts and cash sales. Refer to the Chart of Accounts for exact wording of account titles.

Entry for Cash Sales; Cash Short The actual cash received from cash sales was $35,699, and the amount indicated by the cash register total was $35,731. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank.   Cash  fill in the blank 2 fill in the blank 3   Cash Short and Over  fill in the blank 5 fill in the blank 6   Sales  fill in the blank 8 fill in the blank 9

The actual cash received from cash sales was $32,443, and the amount indicated by the cash register total was $32,473. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank. blank Account Debit Credit blank

Use the following cash receipts journal to record the transactions. (If a box is not used in the journal leave the box empty; do not select any information and do not enter a zero. Abbreviations used: Disc. = Discounts, Forfeit. = Forfeited; Rec. = Receivables, Rev. = Revenue, Accts = Accounts, Inv. = Inventory) i (Click the icon to view the transactions.) Jul. Date 2024 Account Credited Hannah Nell Mike Dunn Cash Receipts Journal Post. Accounts Sales Sales Disc. Other Ref. Cash DR Rec. CR Rev. CR Forfeit. CR Accts CR Interest Expense Interest Revenue Jul. 5 Jul. 12 Jul. 18 Jul. 29 Sold merchandise inventory for cash, $2,700. Cost of goods, $2,000. Collected interest revenue of $2,450. Received cash from Hannah Nell, $900, on account. There was no discount. Received $5,200 from Mike Dunn in full settlement of his account receivable including sales discounts forfeited of $25. Print Page 3 Cost of Goods Sold DR Merchandise Inv. CR Done X

Using the following cash payments journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that No posting is required. CASH PAYMENTS JOURNAL Page 46 Date Ck.No. Account Debited Post.Ref. OtherAccountsDr. AccountsPayableDr. Cash Cr. 20Y1                 July 3 611 Energy Systems Co. (a)     4,000   4,000 July 5 612 Utilities Expense (b) 310       310 July 10 613 Prepaid Rent (c) 3,200       3,200 July 16 614 Flowers to Go, Inc. (d)     1,250   1,250 July 19 615 Advertising Expense (e) 640       640 July 22 616 Office Equipment (f) 3,600       3,600 July 25 617 Echo Co. (g)     5,500   5,500 July 26 618 Office Supplies (h) 250       250 July 31 619 Salaries Expense (i) 1,750       1,750 July 31       9,750   10,750   20,500         (j)   (k)   (l)   Post reference represents: a.   b.   c.   d.   e.   f.   g.…

Urmila ben

Oriole Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $307,200; the Accounts Payable control account had a credit balance of $85,300. The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July. Sales journal Purchases journal Cash receipts journal Cash payments journal Total sales Total purchases Accounts receivable column total Accounts payable column total $156,000 $58,800 $144,500 $41,300

Identify postings from cash payments journalUsing the following cash payments journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting is required

Calculate the cash discount and the net amount due the transaction (in $). Amount ofInvoice Terms ofSale CashDiscount NetAmount Due $15,660.00 2/10, n/45 $ $

Pls account ques hlp sir

Consider the three independent situations below (amounts are $ in millions): Situation SalesRevenue Accounts ReceivableIncrease (Decrease) Cash Receivedfrom Customers 1. 2. 3. 200 200 200 -0- 30 (30) ? ? ? Required: 1. Calculate cash received from customers. 2. Prepare the summary journal entry for each situation.

Accounting Question

Qw.37.

Entry for cash  sales; cash short Instructions Chart of Accounts Journal Instructions On March 1, the actual cash received from cash sales was $25,538, and the amount indicated by the cash register total was $25,670. Required: Journalize the entry to record the cash receipts and cash sales. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.