The following ledger balances for April 2022 are taken from the books of Vilrose Merchandisers. Complete the journal entries by determining the correct account and amounts of numbered items enclosed in parenthesis. Input your answers by itemizing the number per date of transaction. Use one line per item. To input another item, press enter. See sample solved item for August 1. Use CAPITAL LETTERS for account titles and put peso sign (P) for all amounts. Vilrose, Capital P 300,000.00 Vilrose, Drawing P 55,000.00 Sales P 300,000.00 Sales Returns and Allowances P 4,000.00 Merchandise Inventory, End P 7,000.00 Purchases P 250,000.00 Freight-In P 5,000.00 Purchase Returns and Allowances P 9,000.00 Purchase Discount P 5,000.00 Salaries Expense P 17,000.00 Insurance Expense P 15,000.00 Utilities Expense P 3,000.00 Bad Debts Expense P 3,000.00 Depreciation Expense P 2,000.00 Merchandise Inventory, Beginning P 20,000.00 Rent Payable P 10,000.00 Interest Expense P 7,000.00

The following ledger balances for April 2022 are taken from the books of Vilrose Merchandisers. Complete the journal entries by determining the correct account and amounts of numbered items enclosed in parenthesis. Input your answers by itemizing the number per date of transaction. Use one line per item. To input another item, press enter. See sample solved item for August 1. Use CAPITAL LETTERS for account titles and put peso sign (P) for all amounts. Vilrose, Capital P 300,000.00 Vilrose, Drawing P 55,000.00 Sales P 300,000.00 Sales Returns and Allowances P 4,000.00 Merchandise Inventory, End P 7,000.00 Purchases P 250,000.00 Freight-In P 5,000.00 Purchase Returns and Allowances P 9,000.00 Purchase Discount P 5,000.00 Salaries Expense P 17,000.00 Insurance Expense P 15,000.00 Utilities Expense P 3,000.00 Bad Debts Expense P 3,000.00 Depreciation Expense P 2,000.00 Merchandise Inventory, Beginning P 20,000.00 Rent Payable P 10,000.00 Interest Expense P 7,000.00

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Description: The following ledger balances for April 2022 are taken from the books ofVilroseMerchandisers.Complete the journal entries by determining the correct account and amounts of numbered itemsenclosed in parenthesis.Input your answers by itemizing the num

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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