PA4. 7.4 Use the journals and ledgers that follow. Total the journals. Post the transactions to the subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of accounts receivable. SALES JOURNAL Page 79 DR Accts. DR COGS CR Receivable Merchandise Date Account Invoice No. Ref. CR Sales Inventory 2019 Feb. 4 Evert Company (E123) King Inc. (K331) Martina Inc. (M132) Shriver Company (S101) 17433 1,000.00 775.30 Feb. 8 17434 Feb. 14 17435 2,301.99 Feb. 16 17436 500.00 SALES JOURNAL Page 102 Accounts Receivable, Discounts Sales, or Other Accounts CR Sales Date Account Invoice No. Ref. Cash DR DR 2019 Feb. 1 Cash Sales 465 465 Payment from Evert Feb. 15 Bank loan (230) Feb. 21 Payment from Shriver Co. Feb. 5 1723 980 20 1,000 2,000 2,000 1719 500 500
PA4. 7.4 Use the journals and ledgers that follow. Total the journals. Post the transactions to the subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of accounts receivable. SALES JOURNAL Page 79 DR Accts. DR COGS CR Receivable Merchandise Date Account Invoice No. Ref. CR Sales Inventory 2019 Feb. 4 Evert Company (E123) King Inc. (K331) Martina Inc. (M132) Shriver Company (S101) 17433 1,000.00 775.30 Feb. 8 17434 Feb. 14 17435 2,301.99 Feb. 16 17436 500.00 SALES JOURNAL Page 102 Accounts Receivable, Discounts Sales, or Other Accounts CR Sales Date Account Invoice No. Ref. Cash DR DR 2019 Feb. 1 Cash Sales 465 465 Payment from Evert Feb. 15 Bank loan (230) Feb. 21 Payment from Shriver Co. Feb. 5 1723 980 20 1,000 2,000 2,000 1719 500 500
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 4PA: Use the journals and ledgers that follow. Total the journals. Post the transactions to the...
Related questions
Question
![PA4. 7.4 Use the journals and ledgers that follow. Total the journals. Post the transactions to the
subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of
accounts receivable.
SALES JOURNAL
Page 79
DR Accts.
DR COGS CR
Receivable
Merchandise
Date
Account
Invoice No.
Ref.
CR Sales
Inventory
2019
Evert Company (E123)
King Inc. (K331)
Martina Inc. (M132)
Shriver Company (S101)
Feb. 4
17433
1,000.00
Feb. 8
17434
775.30
Feb. 14
17435
2,301.99
Feb. 16
17436
500.00
SALES JOURNAL
Page 102
Accounts
Sales
Receivable,
Discounts Sales, or Other
Accounts CR
Date
Account
Invoice No.
Ref.
Cash DR
DR
2019
Feb. 1
Cash Sales
465
465
Payment from Evert
Feb. 15 Bank loan (230)
Feb. 21 Payment from Shriver Co.
Feb. 5
1723
980
20
1,000
2,000
2,000
1719
500
500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0293f966-d428-4854-9c39-f6ab5fe6cfef%2F2151a63c-1dd4-4393-bbbe-e6ff2be30eea%2F2x9tdeuf_processed.png&w=3840&q=75)
Transcribed Image Text:PA4. 7.4 Use the journals and ledgers that follow. Total the journals. Post the transactions to the
subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of
accounts receivable.
SALES JOURNAL
Page 79
DR Accts.
DR COGS CR
Receivable
Merchandise
Date
Account
Invoice No.
Ref.
CR Sales
Inventory
2019
Evert Company (E123)
King Inc. (K331)
Martina Inc. (M132)
Shriver Company (S101)
Feb. 4
17433
1,000.00
Feb. 8
17434
775.30
Feb. 14
17435
2,301.99
Feb. 16
17436
500.00
SALES JOURNAL
Page 102
Accounts
Sales
Receivable,
Discounts Sales, or Other
Accounts CR
Date
Account
Invoice No.
Ref.
Cash DR
DR
2019
Feb. 1
Cash Sales
465
465
Payment from Evert
Feb. 15 Bank loan (230)
Feb. 21 Payment from Shriver Co.
Feb. 5
1723
980
20
1,000
2,000
2,000
1719
500
500
![Inv.
Post.
Recievable DR.
Customer's Name/Account
No.
Ref.
Sales CR.
Date
20xx
04-Feb
pg. 102
CASH RECEIPTS JOURNAL
Accounts
Sales
Receivable,
Invoice
Post.
Cash
Date
Account Credited
Discounts
Sales or Other
No.
Ref.
Debit
Debit
Accounts
Credit
20хх
01-Feb](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0293f966-d428-4854-9c39-f6ab5fe6cfef%2F2151a63c-1dd4-4393-bbbe-e6ff2be30eea%2Fycilxxd_processed.png&w=3840&q=75)
Transcribed Image Text:Inv.
Post.
Recievable DR.
Customer's Name/Account
No.
Ref.
Sales CR.
Date
20xx
04-Feb
pg. 102
CASH RECEIPTS JOURNAL
Accounts
Sales
Receivable,
Invoice
Post.
Cash
Date
Account Credited
Discounts
Sales or Other
No.
Ref.
Debit
Debit
Accounts
Credit
20хх
01-Feb
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