Appendix E – Accounting with Special Journals
Exercise E-7 (10 minutes)
April 3
Purchases Journal
9
Cash Disbursements Journal
12
Sales Journal
17
Cash Disbursements Journal
20
Purchases Journal
28
Cash Disbursements Journal
29
Cash Disbursements Journal
30
Cash Disbursements Journal
Exercise E-8 (10 minutes)
1. When crossfooting the Purchases Journal.
2. When the schedule of accounts payable is prepared.
3. When the trial balance is prepared.
4. When the schedule of accounts payable is prepared.
5. When the schedule of accounts payable is prepared.
Exercise E-9 (10 minutes)
a. (i) The June 5 purchase would be recorded in the Purchases Journal.
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Solutions Manual, Appendix E
15
Problem E-1A (70 minutes)
Parts 1, 2 and 3
SALES JOURNAL
Page 3
Date
Account Debited
Invoice
Number
PR
Accounts Receivable Dr.
Sales Cr.
Cost of Goods Sold Dr.
Inventory Cr.
Apr. 3
Page Alistair …………………………..…………..
760
✓
4,000
3,000
5
Paula Kohr …………………………….…………..
761
✓
8,000
6,500
11
Nic Nelson ……………………………..…………..
762
✓
10,500
7,000
13
Page Alistair …………………………..…………..
763
✓
5,100
3,600
27
Paula Kohr …………………………….…………..
764
✓
3,170
2,520
27
Nic Nelson ……………………………..…………..
765
✓
6,700
4,305
30
Totals …………………………..………..…………..
37,470
26,925
(106/413)
(502/119)
CASH RECEIPTS JOURNAL
Page 3
Date
Account Credited
Explanation
PR
Cash
Dr.
Sales
Discount
Dr.
Accounts
Receivable
Cr.
Sales
Cr.
Other
Accts.
Cr.
Cost of Goods
Sold Dr.
Inventory Cr.
Apr.13
Page Alistair …………………………..
Sale of 4/3
✓
3,920
80
4,000
14
Paula Kohr …………………………..
Sale of 4/5
✓
7,840
160
8,000
16
Sales ………………….……….
Cash Sales
✓
52,840
52,840
35,880
18
L.T. Notes Payable .………………………….
Note to bank
251
60,000
60,000
20
Nic Nelson …………………………..
Sale of 4/11
✓
10,290
210
10,500
23
Page Alistair …………………………..
Sale of 4/13
✓
4,998
102
5,100
30
Sales ………………….……….
Cash sales
✓
73,975
___
_____
73,975
_____
58,900
30
Totals …………………………..
213,863
552
27,600
126,815
60,000
94,780
(101)
(415)
(106)
(413)
(✓)
(502/119)
