hw4 - 5-9a GENERAL JOURNAL Date Description 2007 Apr 5...

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5-9a GENERAL JOURNAL GENERAL ledger Cash merchandise inventory Date Description Debit Credit apr. 1 2,500 apr 1. 3500 2007 7 80 5 1800 Apr. 5 Merchandise inventory 1,800 14 1552 12 730 account payable 1,800 21 693 bal. 6030 30 1100 7 freight-in 80 Bal. 1275 cash 80 account recieveable account payable Apr 10. 910 Apr 5. 1800 9 Account payable 200 20 840 9 200 purchashes returns and allowances 200 27 60 12 730 30 1100 14 1600 10 account receivable 910 Bal. 590 17 30 sales 910 21 700 bal. 0 12 merchandise inventory 730 freight-in purchases return and allowance account payable 730 Apr. 7 80 ### 200 Bal. 80 17 30 14 account payable 1,600 Bal. 230 purchases discounts 48 cash 1552 17 account payable 30 purchases returns and allowance 30 sales purchases discount 20 account receievable 840 Apr. 10 910 apr. 14 48 sales 840 20 840 21 7 Bal. 1750 bal. 55 21 account payable 700 purchases discount 7 cash 723 common stock sales return and allowance 27 sales return and allowance 60 May. 1 6,000 apr. 2 60 account receivable 60 Bal. 6,000 bal. 60 30 cash 1,100 account receivable 1,100 Fairway pro shop Fairway pro shop D. Income statement C. Trail balance for the period ended apr 30, 2007 Apr 30 2007 Revenue Debit Credit Sales $ 1750 Cash 1,275 Less :sales return and allowance 60 account recievables 590 Net Sales 1690 Merchandise inventory 6,030 purchases return and allowance 230 Cost of go Beginning inventory 3500 purchases discount 55 add purchases 2530 accounts payable 0 less : Ending inventory 4655 1375 common stock 6,000 Gross profit 315 sales 1,750 sales return and allowance 60 freight in 80 8,035 7,950
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Given Data P04-01 CITY PLACE RECREATION CENTER Date Transactions Sept. 1 Issued Check 1169 to pay September rent. $1,400 5 Performed services for cash. 2,500 6 Performed services on credit. 2,175 10 Paid for monthly telephone bill, issued Check 1170. 150 11 Paid for equipment repairs with Check 1171.
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