Homework Help is Here – Start Your Trial Now!
Business
Accounting
On your own 9-4 Save your work to complete On Your Own 9-5. Journalizing cash payments using a cash payments journal The cash payments journal for Copperland Company and the petty cash report are given in the Working Papers. Work this problem independently. Using November of the current year, journalize these transactions on page 11 of the cash payments journal. The checks used as source documents are abbreviated as C. Transactions: Nov. 3. Wrote a check on account to Gillis Glass Co. covering Purchase Invoice No. 765 for $2,120.00, less 2% cash discount. C832. 7. Recorded the direct withdrawal of credit card fees from the bank account, $164.00. M89. 8. Wrote a check to Taylor Energy for the electric bill, $324.00. C833. 14. Wrote a check to Metal Magic for merchandise with a list price of $1,560.00. C834. 18. Paid cash on account to Sheng Industries covering Purchase Invoice No. 724 for $1,816.00. No cash discount was offered. C835. 30. Record the replenishment of the petty cash fund on November 30. C836.

On your own 9-4 Save your work to complete On Your Own 9-5. Journalizing cash payments using a cash payments journal The cash payments journal for Copperland Company and the petty cash report are given in the Working Papers. Work this problem independently. Using November of the current year, journalize these transactions on page 11 of the cash payments journal. The checks used as source documents are abbreviated as C. Transactions: Nov. 3. Wrote a check on account to Gillis Glass Co. covering Purchase Invoice No. 765 for $2,120.00, less 2% cash discount. C832. 7. Recorded the direct withdrawal of credit card fees from the bank account, $164.00. M89. 8. Wrote a check to Taylor Energy for the electric bill, $324.00. C833. 14. Wrote a check to Metal Magic for merchandise with a list price of $1,560.00. C834. 18. Paid cash on account to Sheng Industries covering Purchase Invoice No. 724 for $1,816.00. No cash discount was offered. C835. 30. Record the replenishment of the petty cash fund on November 30. C836.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
Accounting 2 cash payment journal,posting?
accounts payable. On your own 9-5 Posting a cash payments journal A blank schedule of accounts payable is given in the Working Papers. Use Copperland Company's cash payments journal from On Your Own 9-4 and the accounts payable and general ledgers from On Your Own 9-3. Work this problem independently. 1. Post the transactions from the cash payments journal to the accounts pay- able ledger. 2. Total, prove, and rule the cash payments journal. 3. Post the cash payments journal to the general ledger. 4. Prepare a schedule of accounts payable. 24. Posting from a Cash Payments Journal Lesson 9-5 273
Transcribed Image Text:accounts payable. On your own 9-5 Posting a cash payments journal A blank schedule of accounts payable is given in the Working Papers. Use Copperland Company's cash payments journal from On Your Own 9-4 and the accounts payable and general ledgers from On Your Own 9-3. Work this problem independently. 1. Post the transactions from the cash payments journal to the accounts pay- able ledger. 2. Total, prove, and rule the cash payments journal. 3. Post the cash payments journal to the general ledger. 4. Prepare a schedule of accounts payable. 24. Posting from a Cash Payments Journal Lesson 9-5 273
On your own 9-4 Journalizing cash payments using a cash payments journal The cash payments journal for Copperland Company and the petty cash report are given in the Working Papers. Work this problem independently. Save your work to complete On Your Own 9-5. Using November of the current year, journalize these transactions on page 11 of the cash payments journal. The checks used as source documents are abbreviated as C. Transactions: Nov. 3. Wrote a check on account to Gillis Glass Co. covering Purchase Invoice No. 765 for $2,120.00, less 2% cash discount. C832. 7. Recorded the direct withdrawal of credit card fees from the bank account, $164.00. M89. 8. Wrote a check to Taylor Energy for the electric bill, $324.00. C833. 14. Wrote a check to Metal Magic for merchandise with a list price of $1,560.00. C834. 18. Paid cash on account to Sheng Industries covering Purchase Invoice No. 724 for $1,816.00. No cash discount was offered. C835. Record the replenishment of the petty cash fund on November 30. C836. 30. Accounting for Purchases and Cash Payments Eac cash pa vidual are po the ac that e A paya chas esta cus ing CE fo fr it E
Transcribed Image Text:On your own 9-4 Journalizing cash payments using a cash payments journal The cash payments journal for Copperland Company and the petty cash report are given in the Working Papers. Work this problem independently. Save your work to complete On Your Own 9-5. Using November of the current year, journalize these transactions on page 11 of the cash payments journal. The checks used as source documents are abbreviated as C. Transactions: Nov. 3. Wrote a check on account to Gillis Glass Co. covering Purchase Invoice No. 765 for $2,120.00, less 2% cash discount. C832. 7. Recorded the direct withdrawal of credit card fees from the bank account, $164.00. M89. 8. Wrote a check to Taylor Energy for the electric bill, $324.00. C833. 14. Wrote a check to Metal Magic for merchandise with a list price of $1,560.00. C834. 18. Paid cash on account to Sheng Industries covering Purchase Invoice No. 724 for $1,816.00. No cash discount was offered. C835. Record the replenishment of the petty cash fund on November 30. C836. 30. Accounting for Purchases and Cash Payments Eac cash pa vidual are po the ac that e A paya chas esta cus ing CE fo fr it E
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Accounting for Cash and cash equivalents
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS