The following transactions relating to an enterprise. prepare sales, purchases, returns outward day books. 2019 May 1 Credit sales: Hafsa OMR 300; Hamed OMR 200; Hitam OMR 100 3 Credit purchases: Matayam OMR 250; Marwa OMR 124; Mithes OMR 57 7 Credit sales: Sara OMR 400; Said OMR 200; Salim OMR 150 9 Credit purchases: Adil OMR 230; Adil zaied OMR 57; Amal OMR 231 11 Goods returned by us to:Marayam OMR 100; Mitha OMR 100 14 Goods returned to us by: T Thompson OMR 5; K Barton OMR 11; K Kelly OMR 14 17 Credit purchases: Hitam OMR 434; Hamed OMR 21; Hamal OMR 231 20 Goods returned by us to: Hamal OMR 120 24 Credit sales: Mohammed OMR 48; Mitha OMR 56; Marim OMR 234 28 Goods returned to us by N Mendes OMR 24. 31 Credit sales: Al- Maha OMR 20

The following transactions relating to an enterprise. prepare sales, purchases, returns outward day books. 2019 May 1 Credit sales: Hafsa OMR 300; Hamed OMR 200; Hitam OMR 100 3 Credit purchases: Matayam OMR 250; Marwa OMR 124; Mithes OMR 57 7 Credit sales: Sara OMR 400; Said OMR 200; Salim OMR 150 9 Credit purchases: Adil OMR 230; Adil zaied OMR 57; Amal OMR 231 11 Goods returned by us to:Marayam OMR 100; Mitha OMR 100 14 Goods returned to us by: T Thompson OMR 5; K Barton OMR 11; K Kelly OMR 14 17 Credit purchases: Hitam OMR 434; Hamed OMR 21; Hamal OMR 231 20 Goods returned by us to: Hamal OMR 120 24 Credit sales: Mohammed OMR 48; Mitha OMR 56; Marim OMR 234 28 Goods returned to us by N Mendes OMR 24. 31 Credit sales: Al- Maha OMR 20

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 6E: Record the following transactions in general journal form for Ford Education Outfitters and Romero...

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You are to enter the following items in the books, post to personal accounts, and show the transfers to the General Ledger. Balance all accounts. 2009 July 1 Credit purchases form: K Hill $380; M Norman $500; N Senior $106. 3 Credit sales to: E Rigby $510; E Phillips $246; F Thompson $356. 5 Credit purchases from: R Morton $200; J Cook $180; D Edwards $410; C Davies $66. 8 Credit sales to: A Green $307; H George $250; J Ferguson $185. 12 Returns outwards to: M Norman $30; N Senior $16. 14 Return inwards from: E Phillips $18; F Thompson $22. 20 Credit sales to: E Phillips $188; F Powell $310; E Lee $420. 24 Credit purchases from: C Ferguson $550; K Ennevor $900. 31 Return inwards from: E Phillips $27; E Rigby $30. 31 Return outwards to: J Cook $13; C Davies $11.
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Can you please assist me with recording the transactions in a general journal, terms of all credit sales are 2/10, n/30.
Presented are the transactions of Mandaue Electrical Supplies for the month of October 2019. Record all transactions using the Perpetual inventory assuming credit terms extended to customers are 2/10, n/30. Prepare your own Journal sheet.
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Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts journal and a general journal. Indicate in which journals the following transactions are most likely to be recorded. Purchased inventories on credit Sales of inventory on credit Received payment of a customer’s account Payment of monthly rent by cheque End of period closing entries Week 7 Below is information about Lisa Ltd’s cash position for the month of June 2019. The general ledger Cash at Bank account had a balance of $21,200 on 31 May. The cash receipts journal showed total cash receipts of $292,704 for June. The cash payments journal showed total cash payments of $265,074 for June. The June bank statement reported a bank balance of $41,184 on 30 June. Outstanding cheques at the end of June were: no. 3456, $1,448; no. 3457, $84; no. 3460, $70 and no. 3462, $410. Cash receipts of $10,090 for 30 June were not included in the June bank statement. Included on the bank…
Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts journal and a general journal. Indicate in which journals the following transactions are most likely to be recorded. Purchased inventories on credit Sales of inventory on credit Received payment of a customer’s account Payment of monthly rent by cheque End of period closing entries Week 7 Below is information about Lisa Ltd’s cash position for the month of June 2019. The general ledger Cash at Bank account had a balance of $21,200 on 31 May. The cash receipts journal showed total cash receipts of $292,704 for June. The cash payments journal showed total cash payments of $265,074 for June. The June bank statement reported a bank balance of $41,184 on 30 June. Outstanding cheques at the end of June were: no. 3456, $1,448; no. 3457, $84; no. 3460, $70 and no. 3462, $410. Cash receipts of $10,090 for 30 June were not included in the June bank statement. Included on the bank…
Which one of the following journal entry is Correct on 15th February 2020? a. Debit Purchase OMR 15,000 Credit Accounts payable OMR 15,000 b. Debit Accounts receivables OMR 15,000 Credit Sales returns and allowances OMR 15,000 c. Debit Sales OMR 15,000 Credit Accounts receivables OMR 15,000 d. Debit Accounts receivable OMR 15,000 Credit Sales OMR 15,000
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