Post the entries to the ledger accounts
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 4PA: The following transactions relate to Hawkins, Inc., an office store wholesaler, during June of this...
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Question
![530,
On the Da June 2014, Mv. Sunday Started Grs buciness with to 2etor n
pald diectly into a bn acant which he had opened for hils business. The
followng e is tnsactins for the month of June 2014
June Li Bought goods pom
Withelew Coh
3 Sold goods to Mv Tuesday on Cndo.
v4: Bayht goods on Cuedit from Meikledatsday
16: Sold goods to M-Thusday on Crediut
T: Pald vent by Cash
v9ü klithdaw cash pom opite till for pesanal use
/10: Bayht goode from fuiday on Cledit
li Goods retnned by Mr Tuesday
12; Soled goods an Credit to Musi Saturday
v 14: Purchases by cheque
/ 15: Goods retuined to Mro Manday
/15: Cost oc goods taken for prlvate use.
Mr. Monday
bank
an Crede
120,000
from
fo qpple use
110,000
125,000
130,000
150, 000
30, 500
45,000
209,000
40,500
180,000
(50, 000
14,100
24,00
25,00
VIq! Sold goods Inoumal selling price to S5,000 to MaMonday
* 95,00 to MuMonday
(gods
on credit giving
a trade discont
visi Recelived cheque q 120,000 from Mr Thasday in full
his aclant
Seslonent
/20 Puchased Motor ven firom Peace Maors by cheque
J21: Panid cheque to Mr Mordy in full Settleneint ophs aut
22: Cash Sales
of
250,000
99,90
220,00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1cbd521d-3ef4-4d57-9c68-d68aae20cea4%2F176350b7-6fc9-47ad-8553-48ac0752a798%2F5sh899i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:530,
On the Da June 2014, Mv. Sunday Started Grs buciness with to 2etor n
pald diectly into a bn acant which he had opened for hils business. The
followng e is tnsactins for the month of June 2014
June Li Bought goods pom
Withelew Coh
3 Sold goods to Mv Tuesday on Cndo.
v4: Bayht goods on Cuedit from Meikledatsday
16: Sold goods to M-Thusday on Crediut
T: Pald vent by Cash
v9ü klithdaw cash pom opite till for pesanal use
/10: Bayht goode from fuiday on Cledit
li Goods retnned by Mr Tuesday
12; Soled goods an Credit to Musi Saturday
v 14: Purchases by cheque
/ 15: Goods retuined to Mro Manday
/15: Cost oc goods taken for prlvate use.
Mr. Monday
bank
an Crede
120,000
from
fo qpple use
110,000
125,000
130,000
150, 000
30, 500
45,000
209,000
40,500
180,000
(50, 000
14,100
24,00
25,00
VIq! Sold goods Inoumal selling price to S5,000 to MaMonday
* 95,00 to MuMonday
(gods
on credit giving
a trade discont
visi Recelived cheque q 120,000 from Mr Thasday in full
his aclant
Seslonent
/20 Puchased Motor ven firom Peace Maors by cheque
J21: Panid cheque to Mr Mordy in full Settleneint ophs aut
22: Cash Sales
of
250,000
99,90
220,00
![June 25: Goods retarned to klednescay
(7,000
70,000
27: Paid Cash to Mr. Friday
29 Received Caoh from Mr-Tuesday in ull Settlement of his acct 94,000
21: oheue received from Mus. Saturday
30 Cash deposited
30: Paid Salavies
8 Withliew Cach
Tou ave veguired to:
Post the entrles to the ledger acantsi
90,000
120,000
50,00
by
Cash
bank to Celererte child's Girthdlay
65,000
from.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1cbd521d-3ef4-4d57-9c68-d68aae20cea4%2F176350b7-6fc9-47ad-8553-48ac0752a798%2Fa1lhkk8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:June 25: Goods retarned to klednescay
(7,000
70,000
27: Paid Cash to Mr. Friday
29 Received Caoh from Mr-Tuesday in ull Settlement of his acct 94,000
21: oheue received from Mus. Saturday
30 Cash deposited
30: Paid Salavies
8 Withliew Cach
Tou ave veguired to:
Post the entrles to the ledger acantsi
90,000
120,000
50,00
by
Cash
bank to Celererte child's Girthdlay
65,000
from.
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