978-0078025273 Chapter 9 Solution Manual Part 2

subject Type Homework Help
subject Pages 14
subject Words 1603
subject Textbook College Accounting: Chapters 1-30 13th Edition
subject Authors John Price, M. David Haddock, Michael Farina
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page-pf1
PROBLEM 9.3A (continued)
PAGE
GENERAL JOURNAL 17
DATE DEBIT CREDIT
POST.
REF.DESCRIPTION
1 2013 1
2 April 15 Sales Returns and Allowances 8 0 0 00 2
33
4 Accepted a return of damaged merchandise, 4
Accounts Receivable/Music Warehouse 8 0 0 00
451
111
✔
page-pf2
PROBLEM 9.3A (continued)
ACCOUNT Notes Receivable ACCOUNT NO.
ACCOUNT Accounts Receivable ACCOUNT NO.
2013
April 1 Balance ✔21 0 0 0 00
ACCOUNT Sales ACCOUNT NO.
POST.
REF.
POST.
REF.
401
GENERAL LEDGER (PARTIAL)
DESCRIPTION
POST.
REF. DEBIT CREDIT
DEBIT
DESCRIPTION DEBIT
109
DATE DESCRIPTION
DATE
DATE
BALANCE
BALANCE
CREDIT
DEBIT
CREDIT
DEBIT
CREDIT
BALANCE
CREDIT
CREDIT
DEBIT
111
page-pf3
PROBLEM 9.3A (continued)
ACCOUNT Sales Returns and Allowances ACCOUNT NO.
ACCOUNT Sales Discounts ACCOUNT NO.
30 2 7 5 00
GENERAL LEDGER (PARTIAL)
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
DEBIT
451
Sales
Revenue
CREDIT
DATE DESCRIPTION
Unlimited Sounds
Partial Income Statement
Month Ended April 30, 2013
POST.
REF.
452
CREDITCREDIT
BALANCE
DEBIT
page-pf4
PROBLEM 9.4A
PAGE
PURCHASED FROM
INVOICE
NUMBER
INVOICE
DATE TERMS
POST.
REF.
2013
June 3 Perfect Fit Shoe Shop 746 5/30 2/10, n/30 260000
DATE
PURCHASES
DR./ ACCOUNTS
PAYABLE CR.
8PURCHASES JOURNAL
page-pf5
PROBLEM 9.4A (continued)
PAGE
POST.
REF.
1
2013
1
DATE
20
DESCRIPTION DEBIT CREDIT
GENERAL JOURNAL
1
2013
1
2 June 5 131 450000 2
205
✔
4 4
3
Equipment
Purchased new store equipment, Invoice 9067
Accounts Payable/Middleton Company 0 00 3504
page-pf6
PROBLEM 9.4A (continued)
PAGE
ACCOUNT NAME
POST.
REF.
2013
June 1 1101 Monthly rent Rent Expense 611 240000 240000
7 1102 Leisure Wear Clothing Co. 147000 147000
PURCHASES
DISCOUNT
CREDIT
8
CASH
CREDITAMOUNT
CASH PAYMENTS JOURNAL
DATE
CK.
NO. DESCRIPTION
POST.
REF.
ACCOUNTS
PAYABLE
DEBIT
OTHER ACCOUNTS DEBIT
page-pf7
PROBLEM 9.4A (continued)
ACCOUNT Cash ACCOUNT NO.
ACCOUNT Equipment ACCOUNT NO.
2013
ACCOUNT Notes Payable ACCOUNT NO.
GENERAL LEDGER
101
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT CREDIT
131
DEBIT
BALANCE
DEBIT
DEBIT CREDIT
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
201
CREDIT
BALANCE
page-pf8
PROBLEM 9.4A (continued)
ACCOUNT Accounts Payable ACCOUNT NO.
2013
June 1 Balance ✔488000
ACCOUNT Purchases ACCOUNT NO.
ACCOUNT Purchases Returns and Allowances ACCOUNT NO.
ACCOUNT Purchases Discounts ACCOUNT NO.
2013
504
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
503
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
501
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
CREDIT
GENERAL LEDGER
205
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
page-pf9
PROBLEM 9.4A (continued)
ACCOUNT Rent Expense ACCOUNT NO.
ACCOUNT Salaries Expense ACCOUNT NO.
2013
ACCOUNT Telephone Expense ACCOUNT NO.
12 0 3 0 00
55000
Less: Purchases Returns and Allowances
GENERAL LEDGER
Purchases
The Hiker and Biker Outlet Center
Partial Income Statement
Month Ended June 30, 2013
611
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
614
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
617
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
page-pfa
PROBLEM 9.5A
363900
Vacation Paradise
Bank Reconciliation Statement
April 30, 2013
Balance on bank statement
20000
383900
Check 1214 of April 28 1 8 00
Check 1215 of April 30 1 5 00
Deductions for outstanding checks:
Additions:
Deposit of April 30 in transit
PAGE 1GENERAL JOURNAL
POST.
REF.
1 2013 1
2 April 30 Accounts Receivable/Doris Fisher 1 6 0 00 2
3 Cash 1 6 0 00 3
DATE DESCRIPTION DEBIT CREDIT
page-pfb
PROBLEM 9.6A
13 1 9 7 00
Sonoma Inn
Bank Reconciliation Statement
August 31, 2013
Balance on bank statement
145000
Deposit of August 31 in transit 7 0 1 00 215100
15 3 4 8 00
Check 712 1 1 0 00
hk
Deposit of August 30 in transit
Additions:
Deductions for outstanding checks:
Check 713 1 2 5 00
page-pfc
PROBLEM 9.6A (continued)
PAGE
POST.
REF.
1 2013 1
2 Aug. 31 214700 2
3208400 3
4 6 3 00 4
5 To record receipt of amount due on note 5
Notes Receivable
Cash
CREDIT
10
DEBITDATE DESCRIPTION
GENERAL JOURNAL
Interest Income
page-pfd
PROBLEM 9.7A (continued)
PAGE
POST.
REF.
1 2013 1
2 Apr. 30 6 8 1 00 2
368100 3
8 Cash 3 4 00 8
9 To correct error in entry for check 2247 9
10 of April 20 10
11 11
12 12
13 13
Analyze: Net income would have been overstated by $34.
Supplies
Cash
11
DEBIT CREDITDATE DESCRIPTION
GENERAL JOURNAL
page-pfe
PROBLEM 9.8A
Balance on Bank Statement 28 7 6 0 00
Additions:
Deposit of July 31 in transit 9 0 0 00
Check 1422 for $1,200 incorrectly charged as $1,280 8 0 00 9 8 0 00
29 7 4 0 00
PAGE
POST.
REF.
1 2013 1
2 July 31 14 4 0 0 00 2
3 Accounts Receivable/Foncier Ricard 14 4 0 0 00 3
DEBITDATE DESCRIPTION
Cash
GENERAL JOURNAL
Far West Imports
Bank Reconciliation
July 31, 2013
CREDIT
19
page-pff
PROBLEM 9.1B
PAGE
ACCOUNT NAME
POST.
REF.
2013
June 3
Do It Yourself Copy
Center
50000 500 00
4 Collected note and
interest
Notes Receivable 115 1700 00
DESCRIPTION
POST.
REF.
14
SALES TAX
PAYABLE
CREDIT
SALES
CREDIT
OTHER ACCOUNTS CREDIT
CASH DEBITAMOUNT
CASH RECEIPTS JOURNAL
ACCOUNTS
RECEIVABLE
CREDITDATE
page-pf10
PROBLEM 9.1B (continued)
ACCOUNT Cash ACCOUNT NO.
2013
ACCOUNT Accounts Receivable ACCOUNT NO.
ACCOUNT Notes Receivable ACCOUNT NO.
2013
ACCOUNT Office Supplies ACCOUNT NO.
2013
CREDIT
CREDIT
129
CREDIT
BALANCE
DEBIT
DEBIT
DATE DESCRIPTION
POST.
REF. DEBIT
CREDIT
115
DATE
BALANCE
POST.
REF.DESCRIPTION
BALANCE
DEBIT
CREDIT
111
CREDIT
BALANCE
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
DEBIT
DEBIT
GENERAL LEDGER
102
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
page-pf11
PROBLEM 9.1B (continued)
ACCOUNT Sales Tax Payable ACCOUNT NO.
2013
ACCOUNT Tina Kapoor, Capital ACCOUNT NO.
2013
ACCOUNT Sales ACCOUNT NO.
2013
ACCOUNT Interest Income ACCOUNT NO.
2013
231
DATE DESCRIPTION
POST.
REF. CREDIT
BALANCE
DEBIT
GENERAL LEDGER
BALANCE
DEBIT
DEBIT CREDIT CREDIT
DEBIT CREDIT
302
DATE DESCRIPTION
POST.
REF.
DATE DESCRIPTION
DEBIT
401
POST.
REF.
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
CREDIT
791
CREDIT
BALANCE
DEBIT
page-pf12
PROBLEM 9.2B
PAGE
ACCOUNT NAME
POST.
REF.
2013
Sept. 1 401 Tax remittance Sales Tax Payable 231 134400 134400
2 402 Monthly rent Rent Expense 620 170000 170000
4 403 Established petty cash Petty Cash Fund 105 1 0 0 00 1 0 0 00
OTHER ACCOUNTS DEBIT
12
CASH
CREDITAMOUNT
PURCHASES
DISCOUNT
CREDITDATE
CASH PAYMENTS JOURNAL
CK.
NO. DESCRIPTION
POST.
REF.
ACCOUNTS
PAYABLE
DEBIT
page-pf13
PROBLEM 9.2B (continued)
PAGE
ACCOUNT NAME
2013
Sept. 4 — Establish fund 1 0 0 00
6 1 Delivery service 1 2 00 1 2 00
11 2 Bought office supplies 1 6 00 1 6 00
PAYMENTS AMOUNT
MISC.
EXPENSE
DEBIT
DELIVERY
EXPENSE
DEBIT
PETTY CASH ANALYSIS SHEET 12
DISTRIBUTION OF PAYMENTS
OTHER ACCOUNTS DEBIT
DATE
VOU.
NO. DESCRIPTION RECEIPTS
page-pf14
PROBLEM 9.2B (continued)
ACCOUNT Cash ACCOUNT NO.
ACCOUNT Petty Cash Fund ACCOUNT NO.
2013
ACCOUNT Equipment ACCOUNT NO.
2013
ACCOUNT Notes Payable ACCOUNT NO.
2013
CREDIT
CREDIT
201
CREDIT
BALANCE
DEBIT
DEBIT
DATE DESCRIPTION
POST.
REF. DEBIT
CREDIT
141
DATE
BALANCE
POST.
REF.DESCRIPTION
BALANCE
DEBIT
CREDIT
105
CREDIT
BALANCE
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
DEBIT
DEBIT
GENERAL LEDGER
101
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT

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