Journalize the transactions shown below in the two-column general journal that follows. Calculate HST(13%) on all sales transactions. |Oct. 2 Cash Sales SlipNo. 102 to S. Stewart, $102.50 plus taxes.6 Sales InvoiceNo. 617 to Jack Morrison, $250.90 plus taxes.Cheque Copy10No. 910 to Industrial Suppliers, $500 on account.Cash ReceiptFrom Jack Mahoney, $322.50 on account.1218Purchase InvoiceFrom Grand's Stationers, S60.50 for office supplies taxes.20Cheque CopyNo. 911 to Jack Whitcombe, $525 for personal use.24Bank Debit Memo$31.90 for bank service charge.Cash Sales SlipNo. 103 to J. Beck, $450 plus taxes.31

Answered: Journalize the transactions shown below…

Journalize the transactions shown below in the two-column general journal that follows. Calculate HST (13%) on all sales transactions. |

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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ngagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator-assignment-take&lhpluyl s: 4/7 items nt Score: 31.41% eBook Nature of transactions Show Me How Teri West operates her own catering service. Summary financial data for July are presented in equation form as follows. Each line designated by a number indicates the effect of a transaction on the equation. Each increase and decrease in stockholders' equity, except transaction (5), affects net income. Stockholders' Equity Assets =1 Liabilities + Bal. 40,800 Cash + Supplies + 5,300 Land = Accounts Payable + Common Stock + Retained Earnings Dividends + Fees Earned Expenses 102,000 11,000 72,100 65,000 47,700 1. +47,700 2. -20,400 +20,400 -35,500 3. -35,500 4. +2,000 +2,000 -2,700 5. -2,700 6. -9,800 -9,800 7. -4,100 Bal. 20,100 3,200 122,400 3,200 72,100 65,000 -2,700 47,700 -4,100 .-39,600 a. (1) Select the description for transaction 1. a. (2) Select the description for transaction 2., a. (3) Select…
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