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Chapter 07 - Exercise 7-1 SALES JOURNAL Invoice Date...

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Exercise 7-1 SALES JOURNAL Date Account Debited Invoice Number PR Accounts Receivable Dr. Sales Cr. Cost of Goods Sold Dr. Inventory Cr. Mar. 7 J. Dryer ........................... 5704 1,150 800 12 R. Land ........................... 5705 320 200 25 5706 550 350 Exercise 7-2 March 2 Cash Receipts Journal 5 Purchases Journal 7 Sales Journal 8 Cash Receipts Journal 12 Sales Journal 16 Cash Receipts Journal 19 Cash Receipts Journal 25 Sales Journal
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Exercise 7-4 CASH RECEIPTS JOURNAL Date Account Credited Explanation P R Cash Dr. Sales Discount Dr. Accounts Recble. Cr. Sales Cr. Other Accounts Cr. Cost of Goods Sold Dr. Inventory Cr. Nov. 9 Notes Payable ..... Note to bank 2,750 2,750 13 J. Emling, Capital .............. Contribution 4,000 4,000 18 Sales .................. Cash sale 230 230 130 27 J. York .............. Invoice, 11/7 882 18 900 Exercise 7-5 November 3 Purchases Journal 7 Sales Journal 9 Cash Receipts Journal 13 Cash Receipts Journal 18 Cash Receipts Journal 22 Cash Disbursements Journal 27 Cash Receipts Journal 30 Cash Disbursements Journal
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Exercise 7-7 PURCHASES JOURNAL Date Account Date of Invoice Term s PR Accounts Payable Cr. Inventory Dr. Office Supplies Dr. Other Accounts Dr. June 1 Vick, Inc ............
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