Accounting P7-1A, P7-4A - (a) Cash Receipts Journal CR...

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Unformatted text preview: (a) Cash Receipts Journal CR Account Cash Date Credited Ref. Dr. Apr. 1 O. Grider, Capital 301 7,200 4 Baez P 1,764 5 Eggleston Co. P 920 8 Sales 7,245 10 Ogden P 600 11 Merchandise Inventory 120 740 23 Eggleston Co. P 1,500 29 Chelsea P 1,200 21,169 (101) (b) General Ledger Accounts Receivable Date Explanation Ref. Debit Apr. 1 Balance P 30 CR Accounts Receivable Subsidiary Ledger Ogden Date Explanation Ref. Debit Apr. 1 Balance P 10 CR Chelsea Date Explanation Ref. Debit Apr. 1 Balance P 29 CR Eggleston Co. Date Explanation Ref. Debit Apr. 1 Balance P 5 CR 23 CR Baez Date Explanation Ref. Debit Apr. 1 Balance P 4 CR (c) Accounts receivable balance: $1,430 Subsidiary account balances: Ogden $ 950 Eggleston Co. 480 Total Cost of Goods Sold Sales Accounts Other Dr. Discounts Receivable Sales Accounts Merchandise Inventory Dr. Cr. Cr. Cr. Cr. 7,200 36 1,800 920 7,245 4,347 600 740 1,500 1,200 36 6,020 7,245 7,940 4,347 (414) (112) (401) (X) (505)(120) No. 112 Credit Balance 7,450 6,020 1,430 Credit Balance 1,550 600 950 Credit Balance 1,200 1,200 Credit Balance 2,900 920 1,980 1,500 480 Credit Balance 1,800 1,800 $1,430 (a), (b) & (c)...
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Accounting P7-1A, P7-4A - (a) Cash Receipts Journal CR...

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