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Feb 2 - Received cash on account from customer Andy Griffith, $390.50, no discount. Issued receipt #19 covering sales invoice #14. Feb 3- Received cash on account from customer Roy Williams, $209.23. In payment for sales invoice #15; invoice amount is $213.50 ($200.00 plus sales tax $13.50) less discount and sales tax. Issued receipt #20. Feb 5- Business recorded cash sales of $2,098.16 plus sales tax of $141.63 for total of $2,239.79. Cash register tape S. Feb 6- Received cash on account from customer Ron Howard, $693.40. In payment for sales invoice #16; invoice amount of $707.55 ($662.81 plus sales tax $44.74) less discount and sales tax. Issued receipt #21. Feb 7- Business recorded cash sales of $1,749.08 plus sales tax of $118.06 for total of $1,867.14. Cash register tape 7. Feb 8- Received cash on account from customer Tim Duncan during discount period as payment in full on sales invoice #17. Invoice amount is $733.70 ($687.31 sale plus sales tax of $46.39). Issued receipt #22 (HINT: customer did NOT pay full invoice amount) Feb 9- Business recorded cash sales of $2,844.17. Cash register tape #9. (HINT: you need two more numbers to complete the journal entry).

Feb 2 - Received cash on account from customer Andy Griffith, $390.50, no discount. Issued receipt #19 covering sales invoice #14. Feb 3- Received cash on account from customer Roy Williams, $209.23. In payment for sales invoice #15; invoice amount is $213.50 ($200.00 plus sales tax $13.50) less discount and sales tax. Issued receipt #20. Feb 5- Business recorded cash sales of $2,098.16 plus sales tax of $141.63 for total of $2,239.79. Cash register tape S. Feb 6- Received cash on account from customer Ron Howard, $693.40. In payment for sales invoice #16; invoice amount of $707.55 ($662.81 plus sales tax $44.74) less discount and sales tax. Issued receipt #21. Feb 7- Business recorded cash sales of $1,749.08 plus sales tax of $118.06 for total of $1,867.14. Cash register tape 7. Feb 8- Received cash on account from customer Tim Duncan during discount period as payment in full on sales invoice #17. Invoice amount is $733.70 ($687.31 sale plus sales tax of $46.39). Issued receipt #22 (HINT: customer did NOT pay full invoice amount) Feb 9- Business recorded cash sales of $2,844.17. Cash register tape #9. (HINT: you need two more numbers to complete the journal entry).

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How do I put the following transactions in this cash receipts journal?
Feb 2 - Received cash on account from customer Andy Griffith, $390.50, no discount. Issued receipt #19 covering sales invoice #14. Feb 3 - Received cash on account from customer Roy Williams, $209.23. In payment for sales invoice #15; invoice amount is $213.50 ($200.00 plus sales tax $13.50) less discount and sales tax. Issued receipt #20. 50)le 26 Feb 5 - Business recorded cash sales of $2,098.16 plus sales tax of $141.63 for total of $2,239.79. Cash register tape WS. Feb 6- Received cash on account from customer Ron Howard, $693.40. In payment for sales invoice #16; invoice amount of $707.55 ($662.81 plus sales tax $44.74) less discount and sales tax. Issued receipt #21. 27 Feb 7- Business recorded cash sales of $1,749.08 plus sales tax of $118.06 for total of $1,867.14. Cash register tape 7. Feb 8- Received cash on account from customer Tim Duncan during discount period as payment in full on sales invoice #17. Invoice amount is $733.70 ($687.31 sale plus sales tax of $46.39). Issued receipt #22. (HINT: customer did NOT pay full invoice amount). Feb 9- Business recorded cash sales of $2,844.17. Cash register tape #9. (HINT: you need two more numbers to complete the journal entry). 36
Transcribed Image Text:Feb 2 - Received cash on account from customer Andy Griffith, $390.50, no discount. Issued receipt #19 covering sales invoice #14. Feb 3 - Received cash on account from customer Roy Williams, $209.23. In payment for sales invoice #15; invoice amount is $213.50 ($200.00 plus sales tax $13.50) less discount and sales tax. Issued receipt #20. 50)le 26 Feb 5 - Business recorded cash sales of $2,098.16 plus sales tax of $141.63 for total of $2,239.79. Cash register tape WS. Feb 6- Received cash on account from customer Ron Howard, $693.40. In payment for sales invoice #16; invoice amount of $707.55 ($662.81 plus sales tax $44.74) less discount and sales tax. Issued receipt #21. 27 Feb 7- Business recorded cash sales of $1,749.08 plus sales tax of $118.06 for total of $1,867.14. Cash register tape 7. Feb 8- Received cash on account from customer Tim Duncan during discount period as payment in full on sales invoice #17. Invoice amount is $733.70 ($687.31 sale plus sales tax of $46.39). Issued receipt #22. (HINT: customer did NOT pay full invoice amount). Feb 9- Business recorded cash sales of $2,844.17. Cash register tape #9. (HINT: you need two more numbers to complete the journal entry). 36
30 PM Wed Nov 10 * 35% I Copy of Module Eight Lesson Two Activity A + B I U A 三 三 白 F 白 - A B D E F J K L M R If not, choose the Download as option and then the Microsoft Excel (.xlsx) option to download an editable copy of the document to your computer. Notes available on HINTS worksheet! CASH RECEIPTS JOURNAL PAGE 1 3 4 6. 7 8 ACCOUNTS SALES GENERAL DOC. POST. NO. REF. SALES TAX PAYABLE CREDIT RECEIVABLE SALES DISCOUNT CASH DATE ACCOUNT TITLE DEBIT CREDIT CREDIT CREDIT DEBIT DEBIT DEBIT 1 February 2 Do debits = credits? 1 2 2 Total Debits Total Credits 3. 3. 3 4 4 7. 5 6. 8. 6 7 8 8 9 10 10 11 11 12 12 13 13 14 14 15 15 Feb 2- Received cash on account from customer Andy Griffith, $390.50, no discount. Issued receipt #19 covering sales invoice #14. Feb 3 - Received cash on account from customer Roy Williams, $209.23. In payment for sales invoice #15; invoice amount is $213.50 ($200.00 plus sales tax $13.50) less discount and sales tax. Issued receipt #20 Feb 5- Business recorded cash sales of $2,098.16 plus sales tax of $141.63 for total of $2,239.79. Cash register tape t#5. Feb 6 - Received cash on account from customer Ron Howard, $693.40. In payment for sales invoice #16; invoice amount of $707.55 ($662.81 plus sales tax $44.74) less discount and sales tax. Issued receipt #21 Feb 7-Business recorded cash sales of $1,749.08 plus sales tax of $118.06 for total of $1,867.14. Cash register tape #7. Feb 8- Received cash on account from customer Tim Duncan during discount period as payment in full on sales invoice #17. Invoice amount is $733.70 ($687.31 sale plus sales tax of $46.39). Issued receipt #22. (HINT: custome Feb 9- Business recorded cash sales of $2,844.17. Cash register tape #9. (HINT: you need two more numbers to complete the journal entry). 田
Transcribed Image Text:30 PM Wed Nov 10 * 35% I Copy of Module Eight Lesson Two Activity A + B I U A 三 三 白 F 白 - A B D E F J K L M R If not, choose the Download as option and then the Microsoft Excel (.xlsx) option to download an editable copy of the document to your computer. Notes available on HINTS worksheet! CASH RECEIPTS JOURNAL PAGE 1 3 4 6. 7 8 ACCOUNTS SALES GENERAL DOC. POST. NO. REF. SALES TAX PAYABLE CREDIT RECEIVABLE SALES DISCOUNT CASH DATE ACCOUNT TITLE DEBIT CREDIT CREDIT CREDIT DEBIT DEBIT DEBIT 1 February 2 Do debits = credits? 1 2 2 Total Debits Total Credits 3. 3. 3 4 4 7. 5 6. 8. 6 7 8 8 9 10 10 11 11 12 12 13 13 14 14 15 15 Feb 2- Received cash on account from customer Andy Griffith, $390.50, no discount. Issued receipt #19 covering sales invoice #14. Feb 3 - Received cash on account from customer Roy Williams, $209.23. In payment for sales invoice #15; invoice amount is $213.50 ($200.00 plus sales tax $13.50) less discount and sales tax. Issued receipt #20 Feb 5- Business recorded cash sales of $2,098.16 plus sales tax of $141.63 for total of $2,239.79. Cash register tape t#5. Feb 6 - Received cash on account from customer Ron Howard, $693.40. In payment for sales invoice #16; invoice amount of $707.55 ($662.81 plus sales tax $44.74) less discount and sales tax. Issued receipt #21 Feb 7-Business recorded cash sales of $1,749.08 plus sales tax of $118.06 for total of $1,867.14. Cash register tape #7. Feb 8- Received cash on account from customer Tim Duncan during discount period as payment in full on sales invoice #17. Invoice amount is $733.70 ($687.31 sale plus sales tax of $46.39). Issued receipt #22. (HINT: custome Feb 9- Business recorded cash sales of $2,844.17. Cash register tape #9. (HINT: you need two more numbers to complete the journal entry). 田
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