Continue using the journal and journalize the following transaction: Mar. 31. Received bank statement showing March bank service charge, $30.00. M45. PAGE 25GENERAL JOURNALDATEACCOUNT TITLEDOC. NO. POST. REF.DEBITCREDITMar. 21 Petty CashC220300.002Cash300.00 224 Repair ExpenseC221180.0034Cash180.00426 SuppliesC22275.00Cash75.006727 Accounts Receivable-Aki SuzukiM44250.007Cash250.00 828 Miscellaneous ExpenseC22360.009Cash60.00 101031 Lauryn Iverson, DrawingC224500.00111112Cash500.00 121331 CashТ31700.001314Sales700.00 1431 SuppliesC22597.00151516Miscellaneous Expense185.001617Cash Short and Over3.001718Cash285.00 1819192020

Journal is one of the initial steps of accounting cycle. Journal includes the recording of financial…

Answered: Continue using the journal and…

Continue using the journal and journalize the following transaction: Mar. 31. Received bank statement showing March bank service charge, $30.00. M45.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 3.16C

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

Continue using the journal and journalize the following transaction: Mar. 31. Received bank statement showing March bank service charge, $30.00. M45.

PAGE 25
GENERAL JOURNAL
DATE
ACCOUNT TITLE
DOC. NO. POST. REF.
DEBIT
CREDIT
Mar. 21 Petty Cash
C220
300.00
2
Cash
300.00 2
24 Repair Expense
C221
180.00
3
4
Cash
180.00
4
26 Supplies
C222
75.00
Cash
75.00
6
7
27 Accounts Receivable-Aki Suzuki
M44
250.00
7
Cash
250.00 8
28 Miscellaneous Expense
C223
60.00
9
Cash
60.00 10
10
31 Lauryn Iverson, Drawing
C224
500.00
11
11
12
Cash
500.00 12
13
31 Cash
Т31
700.00
13
14
Sales
700.00 14
31 Supplies
C225
97.00
15
15
16
Miscellaneous Expense
185.00
16
17
Cash Short and Over
3.00
17
18
Cash
285.00 18
19
19
20
20

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