College Accounting (Book Only): A Career Approach
12th Edition
ISBN: 9781305084087
Author: Cathy J. Scott
Publisher: Cengage Learning
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Chapter 10A, Problem 3P
1.
To determine
Prepare the voucher register, check register and general journal for the October month.
2.
To determine
Show the total of the voucher register and check register for the October month.
3.
To determine
Show the equality of credit and debit column of voucher register and check register.
4.
To determine
Post the prepared register and general journals to vouchers payable account.
5.
To determine
Prepare a schedule for voucher payable.
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Saenz Company uses a voucher system in which it records invoices at the gross amount. The following vouchers were issued during February and were unpaid on March 1:
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On June 3, Sunland Company sold to Chester Company merchandise having a sale price of $5,200 with terms of 4/10, n/60, f.o.b.
shipping point. An invoice totalling $98, terms n/30, was received by Chester on June 8 from John Booth Transport Service for the
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(2). sales and receivable are entered at net cash discounts.
Chapter 10A Solutions
College Accounting (Book Only): A Career Approach
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