Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Augusta Inc. during the month of March 20Y8 are as follows: Mar. 2. Issued Invoice No. 512 to Santorini Co., $1,095.        4. Received cash from CMI Inc., on account, for $275.        8. Issued Invoice No. 513 to Gabriel Co., $385.       12. Issued Invoice No. 514 to Yarnell Inc., $965.       19. Received cash from Yarnell Inc., on account, $735.       20. Issued Invoice No. 515 to Electronic Central Inc., $210.       28. Received cash from Marshall Inc. for services provided, $155.       29. Received cash from Santorini Co. for Invoice No. 512 of March 2.       31. Received cash from McCleary Co. for services provided, $90. Prepare a single-column revenue journal and a cash receipts journal to record these transactions. Enter the transactions in chronological order. Question Content Area REVENUE JOURNAL PAGE 8 DATE Invoice No. Account Debited Post. Ref. Accounts Rec. Dr. Fees Earned Cr. 20Y8   fill in the blank f3b0d80ab020010_2   ✔ fill in the blank f3b0d80ab020010_4   fill in the blank f3b0d80ab020010_6   ✔ fill in the blank f3b0d80ab020010_8   fill in the blank f3b0d80ab020010_10   ✔ fill in the blank f3b0d80ab020010_12   fill in the blank f3b0d80ab020010_14   ✔ fill in the blank f3b0d80ab020010_16     Total   fill in the blank f3b0d80ab020010_18   Question Content Area If an amount box does not require an entry, leave it blank. CASH RECEIPTS JOURNAL PAGE 12 DATE Account Credited Post. Ref. Fees Earned Cr. Accounts Rec. Cr. Cash Dr. 20Y8     ✔ fill in the blank f1342cff2f8f004_3 fill in the blank f1342cff2f8f004_4 fill in the blank f1342cff2f8f004_5     ✔ fill in the blank f1342cff2f8f004_8 fill in the blank f1342cff2f8f004_9 fill in the blank f1342cff2f8f004_10       fill in the blank f1342cff2f8f004_13 fill in the blank f1342cff2f8f004_14 fill in the blank f1342cff2f8f004_15     ✔ fill in the blank f1342cff2f8f004_18 fill in the blank f1342cff2f8f004_19 fill in the blank f1342cff2f8f004_20       fill in the blank f1342cff2f8f004_23 fill in the blank f1342cff2f8f004_24 fill in the blank f1342cff2f8f004_25   Total   fill in the blank f1342cff2f8f004_27 fill in the blank f1342cff2f8f004_28 fill in the blank f1342cff2f8f004_29

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Revenue and Cash Receipts Journals

Transactions related to revenue and cash receipts completed by Augusta Inc. during the month of March 20Y8 are as follows:

Mar. 2. Issued Invoice No. 512 to Santorini Co., $1,095.
       4. Received cash from CMI Inc., on account, for $275.
       8. Issued Invoice No. 513 to Gabriel Co., $385.
      12. Issued Invoice No. 514 to Yarnell Inc., $965.
      19. Received cash from Yarnell Inc., on account, $735.
      20. Issued Invoice No. 515 to Electronic Central Inc., $210.
      28. Received cash from Marshall Inc. for services provided, $155.
      29. Received cash from Santorini Co. for Invoice No. 512 of March 2.
      31. Received cash from McCleary Co. for services provided, $90.

Prepare a single-column revenue journal and a cash receipts journal to record these transactions. Enter the transactions in chronological order.

Question Content Area

REVENUE JOURNAL PAGE 8

DATE

Invoice No.

Account Debited

Post. Ref.
Accounts Rec. Dr.
Fees Earned Cr.
20Y8
 
fill in the blank f3b0d80ab020010_2
 
fill in the blank f3b0d80ab020010_4
 
fill in the blank f3b0d80ab020010_6
 
fill in the blank f3b0d80ab020010_8
 
fill in the blank f3b0d80ab020010_10
 
fill in the blank f3b0d80ab020010_12
 
fill in the blank f3b0d80ab020010_14
 
fill in the blank f3b0d80ab020010_16
 
  Total   fill in the blank f3b0d80ab020010_18
 

Question Content Area

If an amount box does not require an entry, leave it blank.

CASH RECEIPTS JOURNAL PAGE 12
DATE Account Credited Post. Ref. Fees Earned Cr. Accounts Rec. Cr. Cash Dr.
20Y8
 
 
fill in the blank f1342cff2f8f004_3 fill in the blank f1342cff2f8f004_4 fill in the blank f1342cff2f8f004_5
 
 
fill in the blank f1342cff2f8f004_8 fill in the blank f1342cff2f8f004_9 fill in the blank f1342cff2f8f004_10
 
 
  fill in the blank f1342cff2f8f004_13 fill in the blank f1342cff2f8f004_14 fill in the blank f1342cff2f8f004_15
 
 
fill in the blank f1342cff2f8f004_18 fill in the blank f1342cff2f8f004_19 fill in the blank f1342cff2f8f004_20
 
 
  fill in the blank f1342cff2f8f004_23 fill in the blank f1342cff2f8f004_24 fill in the blank f1342cff2f8f004_25
 
Total   fill in the blank f1342cff2f8f004_27 fill in the blank f1342cff2f8f004_28 fill in the blank f1342cff2f8f004_29
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