Sunrise Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal. Record the following transactions for the first two weeks in March, total the columns, and include the posting references. A partial chart of accounts is given below. After recording the transactions, indicate if there are any additional columns you would add to this journal. March 1 Cash received for beverages, $375. Cash received for food, $250. Cash received for customer sales of Sunrise's signature coffee mugs, $130. Cash received for beverages, $480. Cash received for food, $325. Cash received for customer sales of Sunrise's signature coffee mugs, $115. 10 Cash received on account from Central.com, $900. Chart of Accounts (Partial) 10 Cash 41 Beverage Revenue 12 Accounts Receivable 42 Food Revenue 15 Retail Items 43 Retail Revenue MacBook Air DII 80 F10 F11 F12 esc F6 F7 F8 F9 F1 F2 F3 F4 F5 23 & 3 4 5 8 т 10 Cash 41 Beverage Revenue 12 Accounts Receivable 42 Food Revenue 15 Retail Items 43 Retail Revenue Choose "yes"lif a check mark is needed in the Post. Ref. Column or input account #, if applicable. If an amount box does not require an entry, leave it blank. Page: BEV FOOD ACCOUNT POST CASH REVENUE REVENUE OTHER DATE CREDITED REF. DR. CR. CR. CR. 1 Mar. 1 2 Mar. 1 2 3 Mar. 1 4 Mar. 7 5 Mar. 7 5. 6 Mar. 7 7 Mar. 10 8. Total Are there any additional columns you would add to this journal? MacBook Air
Sunrise Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal. Record the following transactions for the first two weeks in March, total the columns, and include the posting references. A partial chart of accounts is given below. After recording the transactions, indicate if there are any additional columns you would add to this journal. March 1 Cash received for beverages, $375. Cash received for food, $250. Cash received for customer sales of Sunrise's signature coffee mugs, $130. Cash received for beverages, $480. Cash received for food, $325. Cash received for customer sales of Sunrise's signature coffee mugs, $115. 10 Cash received on account from Central.com, $900. Chart of Accounts (Partial) 10 Cash 41 Beverage Revenue 12 Accounts Receivable 42 Food Revenue 15 Retail Items 43 Retail Revenue MacBook Air DII 80 F10 F11 F12 esc F6 F7 F8 F9 F1 F2 F3 F4 F5 23 & 3 4 5 8 т 10 Cash 41 Beverage Revenue 12 Accounts Receivable 42 Food Revenue 15 Retail Items 43 Retail Revenue Choose "yes"lif a check mark is needed in the Post. Ref. Column or input account #, if applicable. If an amount box does not require an entry, leave it blank. Page: BEV FOOD ACCOUNT POST CASH REVENUE REVENUE OTHER DATE CREDITED REF. DR. CR. CR. CR. 1 Mar. 1 2 Mar. 1 2 3 Mar. 1 4 Mar. 7 5 Mar. 7 5. 6 Mar. 7 7 Mar. 10 8. Total Are there any additional columns you would add to this journal? MacBook Air
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter14: Accounting For Uncollectible Accounts Receivable
Section14.2: Writing Off And Collecting Uncollectible Accounts Receivable
Problem 1WT
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