account week3 post

account week3 post - E5-17 (5-10 min.) Journal Date Feb....

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: E5-17 (5-10 min.) Journal Date Feb. Accounts and Explanations 3 Inventory Account Payable 7 Account Payable Inventory 9 Inventory Cash 10 Accounts Receivable Sales Revenue 10 Cost of Goods Sold Inventory 12 Account Payable Cash (1700x.98) Inventory (1700x.02) 16 Sales Returns and Allowances Accounts Receivable 23 Cash (2600x.97) Sales Discount (2600x.03) Accounts Receivable E5-19 (5 min.) Sales 91500 98300 62400 F)109,100 Sales Net Cost of Gross Discounts Sales Goods Sold Profit 1800 89700 59400 A)30300 B)5500 92800 C)59,800 33000 2100 D)60300 44100 E)16200 3000 G)112100 72500 39600 E6-20 (10-20 min.) Bank Reconciliation BANK BOOKS (a) (b) ( c) (d) E6-26 (10-15 min.) Journal Accounts and Explanations Debit Debit 2,000 300 Credit 2,000 300 50 50 3,100 3,100 1,700 1,700 1,700 1,666 34 500 500 2,522 78 2,600 Credit ...
View Full Document

This note was uploaded on 02/03/2011 for the course ACC 380 taught by Professor Any during the Spring '11 term at Ashford University.

Page1 / 4

account week3 post - E5-17 (5-10 min.) Journal Date Feb....

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online