(ACC100 -Accountng) Wk7 P7-26a

(ACC100 -Accountng) Wk7 P7-26a - 620 450 25 Olsen Co. 1,520...

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Debits Credits Date Cash Account Title Amount 3 $85 SUPPLIES 16 85 7 1,890 1,890 1,640 10 10,000 LAND ??? 10,000 12 1,715 35 1,750 Intelysis ü 14 2,106 2,106 1,530 21 990 990 690 22 4,000 4000 A.L. Prince ü 25 3,577 73 3,650 ü 27 5,125 NOTES RECEIVABLE 15 5,125 28 3,774 3,774 2,460 31 2,720 2,720 A.L. Prince ü 35,982 108 12,120 8,760 15,210 6,320 Total Debits : 36,090 Total Credits : 36,090 Sales Discounts Accounts Receivable Sales Revenue Post Ref Cost of Goods Sold Debit Inventory Credit
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Date - July 2 Intelysis ü 1,750 600 9 A.L. Prince ü 7,320 5,110 11 Sloan Electric ü 5,100 3,520 15 ü 3,650 2,260 20 Sloan Electric
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Unformatted text preview: 620 450 25 Olsen Co. 1,520 1,050 29 R.O. Bankston 240 170 30 Total 20,200 13,160 Customer Account Debited Post Ref. Accounts Receivable Dr. Sales Revenue Cr. Cost of Goods Sold Dr. Inventory Cr. Date Post Ref. Dr. Cr. 18-Jul Sales Returns & Allowances 43 600 Accounts Receivable 12 600 18-Jul Inventory 13 440 Cost of Goods Sold 51 440 30-Jul Sales Returns & Allowances 43 40 Accounts Receivable 12 40 30-Jul Inventory 13 10 Cost of Goods Sold 51 10...
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This note was uploaded on 01/19/2012 for the course ACCOUNING ACC100 taught by Professor Rebecca during the Spring '11 term at Strayer.

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(ACC100 -Accountng) Wk7 P7-26a - 620 450 25 Olsen Co. 1,520...

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