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Check IF all journal entries have been entered correctly. Correct...

Check IF all journal entries have been entered correctly. Correct the journal entries WHERE applicable. Are all journal entries from june 1 to june 30?





1.Purchase Invoice #BH-5621 Dated June 2, 2020

From Badlands Hardware, $155 plus $7.75 GST paid for paint and stencils to add

logos to dumpsters. Purchase invoice total $162.75. Terms: net 20 days.


2.Bank Credit Memo #RDT-C4778 Dated June 3, 2020

From Red Deer Trust, $40 000 bank loan secured for purchase of additional large

dumpster bins. Loan deposited into bank account. Create new Group account

2250 Bank Loan.


3.Purchase Invoice #HC-7655 Dated June 3, 2020

From Hoodoos Containers, $35 550 plus $1 777.50 GST to purchase additional

dumpsters. Purchase invoice total $37 327.50. Terms: net 30 days.


4.Memo #1 Dated June 4, 2020

From Owner: The invoice from Badlands Hardware was entered incorrectly. The

cost of the supplies was $170 plus $8.50 GST paid. The revised purchase invoice

total is $178.50. Adjust the posted invoice to make the correction.


5.Payment Cheque #488 Dated June 5, 2020

To Red Deer Promotions, $2 940 in payment of invoice #RDP-8668.


6.Receipt #120 Dated June 5, 2020

From Redbird Brothers, cheque #98 for $5 880 in payment of invoice #BB-351.


7.Sales Invoice #BB-363 Dated June 6, 2020

To Watershed Insurance (new customer), $6 400 plus $320 GST charged for

dumpster rentals for flood damage cleanup. Sales invoice total $6 720. Terms:

net 20 days. Create new Group account 1260 A/R - Watershed Insurance.


8.Purchase Invoice #SM-6111 Dated June 6, 2020

From Sylvan Motors, $960 plus $48 GST paid for lube, oil and filter changes for

three trucks. Purchase invoice total $1 008. Terms: net 30 days. Create new

Group account 2200 A/P - Sylvan Motors.


9.Bank Debit Memo #RDT-D3691 Dated June 8, 2020

From Red Deer Trust, $129 for bank service charges.


10.Purchase Invoice #WD-4499 Dated June 10, 2020

From Western Data , $840 plus $42 GST paid for new dispatch and scheduling

software. Purchase invoice total $882. Terms: net 10 days. Create new Group

account 2220 A/P - Western Data.


11.Cheque #489 and Memo #2 Dated June 11, 2020

Binh paid his business telephone bill from his personal chequing account. He

wrote cheque #489 for $361.20 to reimburse himself for this expense. The

telephone bill was $344 plus $17.20 GST.


12.Payment Cheque #490 Dated June 11, 2020

To Hoodoos Containers, $37 327.50 in full payment of account. Reference invoice

#HC-7655.


13.Receipt #121 Dated June 12, 2020

From Ontime Contracting, cheque #58821 for $2 730 in full payment of invoice

#BB-338.


14.Sales Invoice #BB-364 Dated June 14, 2020

To Piper Creek Mall, $3 800 plus $190 GST charged for dumpster rentals during

renovations. Sales invoice total $3 990. Terms: net 30 days.


Image transcription text

SESSION DATE - JUNE 21, 2020 To: Binh's Bias 672 Alleyway Prive Sylvan Motors Red Deer, AB 179 Towing Blvd.. Red Deer, AB TAP 152 Date: June 15, 2020 Tel: 403-775-6116 No SM-7941 Description of Rem Truck Repairs 1.900.00 Termin net 30 days 1. 940. 00 Signature Binh Than OST 45.00 51. 995.00

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Image transcription text

16 Binh's Bins RED DEERTRUST 672 Alleyway Drive 194 Money Drive Fled Deer AD TAR 2T4 PD Red Deer, AB T45 3P1 No: 491 Date 20 20 0 6 18 Pay One Hundred Seventy Eight dollars and 50 cents 178.50 Binh's Bins TO THE Badlands Hardware ORDER 449 Gadgets Way Binh Than Red Deer AB TAY 5GO L me- 0361 -: 0413 Re: Pay (corrected) invoice BH-5621 No: 491 $178.50 June 18, 2020

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17. Sales Invoice #BB-365 Dated June 19, 2020

To Sunnybrook Estates (new customer), $4 800 plus $240 GST charged for

dumpster rentals during estate renovations. Sales invoice total $5 040. Terms: net

30 days. Create new Group account 1280 A/R - Sunnybrook Estates.


18. Payment Cheque #492 Dated June 20, 2020

To Western Data, $842 in payment of account. Reference invoice #WD-4499.


Image transcription text

Q Print Preview X Print 8 8 |1 00 6| Page 1 of 3 Close Account Number Account Description Debits 06/02/2020 41 H-5621, Badlands Hardware 1360 Supplies 155.00 point & stencils GBT Feld on Purchases 7.75 387 @ 5% A/P - Badlands Hardware 162.75 terms: net 20 06/03/2020 JZ ROT-04778, Red Deer Trust - new loan 1080 Chequing Account 40,000.00 own for extra bing Bank Loan 40,000.00 Red Deer Trust Loan 06/03/2020 HO-7655, Hoodoos Containers 1560 Dumpsters 35.550.00 additional dumpsters 2670 GET Paid on Purchases 1.777.50 GBT @ 59% A/P - Hoodoos Containers 37 327.50 terms: net 30 06/02/2020 J4 ADJEH-5621, Rev. of J1. Com. Is JS 1360 Supplies 155 00 paint & stencils GET Paid on Purchases 7.75 GBT @ 5%% 210 MP - Badlands Hardwere 162.75 terms: net 20 06/02/2020 JS COR) BH-5821, Badlands Heldwere 1260 Bupplies 170.00 peint & stencils 7670 GBT Feld on Purchases 8.50 GBT @ 5% A/P - Badlands Hardware 178.50 ers: net 20 06/05/2020 Payment Cheque #488, Red Deer Promotions A/P - Red Deer Promotions 2.940.00 ROP-0863 1080 Chequing Account 2.940.00 06/05/2020 47 Receipt #120, Payment From Redbird Brothers 1080 Account 5.830.00 cheque #38 1240 AR - Redold Brothers 5.880.00 Invoice #BB-351 06/06/2020 BB-383, Watershed Insurance Invoice 1260 A/R - Watershed Insurance 6,720.00 terms: net 20 2650 GBT Charged on Services 5.400.00 GET @ 5% 4100 Revenue from Dumpster Rentals 320.00 flood damage cleanup 06/06/2020 JS BM-6111, Sylvan Motors Shop 5150 Truck Expenses 160.00 wbe, oil and fliter 2670 3BT Pold on Purchases 48.00 3BT @ 5% A/P - Sylvan Motors 1,008.00 terms: net 30 O M W 11:26 PM Type here to search 10/18/2020

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Image transcription text

Q Print Preview X Print 8 8 |1 0 0 6| Page 2 of 3 Close Account Number Account Description Debits Credits 06/08/2020 J10 ROT-03891, Red Deer Trust Charges 5040 Bank Charges 129.00 monthly bank fees 1080 Chequing Account 129.00 06/10/2020 J11 WD-4499, Wester Dets Botwere 1520 Computers and Botwere 840.00 dispatching and scheduling softw. 7670 GBT Feld on Purchases 42.00 387 5% A/P - Westem Data 882.00 terms: net 10 06/1 1/2020 J12 Cheque #489, Reimburse Owner 5140 Phone/Internet Expenses 344.00 telephone services 2670 GBT Paid on Purchases 17.20 387 @ 5% 1080 Chequing Account 361.20 owner paid from personal acco. 06/1 1/2020 J13 Cheque #490, Payment to Hoodoos Containers Account A/P - Hoodoos Containers 37.327.50 nvoice #HO-7655 1080 Chequing Account 37,327.50 06/12/2020 J14 Receipt #121, Ontime Contracting Payment 1080 Chequing Account 2,730.00 cheque #58321 1200 A/R - Ontime Contracting 2,730.00 Invoice #BB-338 06/14/2020 J15 -364, Piper Creek Mall Invoice 1220 A/R - Piper Creek Mall 3.980.00 ers: met 30 7650 GET Chaped on Services 190.00 GBT @ 5%% $100 Revenue from Dumpster Rentals 3.800.00 dumpster rentals 06/15/2020 J16 BM-7941, Sylvan Motors Shop 5150 Truck Expenses 1.900.00 truck repairs 2670 GET Paid on Purchases 95.00 GET @ 5%% A/P - Sylvan Motors 1.995.00 terms: net 30 06/18/2020 J17 Cheque #491. Badlands Hardwere Payment 2100 AP - Badlands Hardware 178 50 Invoice #BH-5621 1080 Chequing Account 178.50 06/19/2020 J18 18-365. Sunnybrook Estates Invoice 1200 A/R - Ontime Contracting 5.040.00 terms: net 30 2850 GET Charged on Services 240.00 4100 GET @ 59% Revenue from Dumpster Rentals 4,800.00 dumpster rentals 08/20/2020 J19 Cheque #492, Westem Dets Payment 2020 A/P - Westem Dets 842.00 Invoice #WD-4499 1080 Chequing Account 842.00 Type here to search O W F 11:27 PM 10/18/2020

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Image transcription text

Q Print Preview X Print 4 8 1 0 0 | Page 3 of 3 Close Binh's Bins Pepe All Journal Entries 06/01/2020 to 06/30/2020 Account Number Account Description Debits 147.854.76 Credits 147.854.70 Type here to search 11:27 PM 10/18/2020

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