Page 1
Account Post. Sales Other Accounts Other
Debited/Credited Ref. Cash Discounts Accounts Receivable Sales Accounts
Nov. 4 J. Walker 980 20 1,000
9 Truck/Fred Kimball,
CHAPTER 6 SUPPLEMENT—Solutions
SPECIAL-PURPOSE JOURNALS
Problems
Credits
Date
Cash Receipts Journal
Debits
P1. Cash Receipt and Cash Payments Journals
1. and 2.
6S-1
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Page 1
Ck. Account Post. Purchases Other Accounts Salaries Rent Other
No. Payee Credited/Debited Ref. Cash Discounts Accounts Payable Expense Expense Accounts
1 782 R. Carello Rent Expense 1,000 1,000
3 783 Stavos Wholesale 2,254 46 2,300
3.
Cash Payments Journal
Nov.
these two journals and add, or refer to the Sales account in the general ledger after the column totals have been posted.
Sales are recorded in both the sales journal and the cash receipts journal. Thus, the best place to determine total sales is to total the sales columns in
Debits
P1. Cash Receipt and Cash Payments Journals (Concluded)
Date
Credits
6S-2
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Page 1
Post.
Ref. Debit Credit
27
1.
General Journal
July
P2. Purchases and General Journals
Return of defective lawn mower
DescriptionDate
Accounts Payable, Brandon Lawn
6S-3
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Page 1
Credit
Date of Post. Accounts Store Office Post.
Account Credited Invoice Terms Ref. Payable Purchases Freight In Supplies Supplies Account Ref. Amount
2 Diego Fertilizer Company 7/2 n/30 2,640 2,640
3 Laronne Supply, Inc. 7/3 n/30 374 208 166
10 Brandon Lawn Equipment
18 Brandon Lawn Equipment
(211) (611) (613) (116) (117) ()
2.
Other Accounts
Date
P2. Purchases and General Journals (Continued)
Purchases Journal
Debits
July
6S-4
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied, duplicated, or posted to a publicly accessible website, in whole or in part.
Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Accounts Payable
Post.
Account No. 211
Item
Balance
Date
Balance
Account No. 146
Date
Cleaning Equipment
Date Item
Post.
Display Equipment
Post. Balance
Balance
Post.
Post.
Date Item
Office Supplies Account No. 117
Balance
Date
Post.
P2. Purchases and General Journals (Continued)
3.
Account No. 142Lawn Equipment
Item
Store Supplies
Date
Account No. 116
Balance
General Ledger
Item
Account No. 144
Item
6S-5
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Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Ref. Debit Credit Debit Credit
Post.
Ref. Debit Credit
10 P1 8,400
Post.
Ref. Debit Credit
Post.
Ref. Debit Credit
3 P1 374
Post.
Ref. Debit Credit
Whitman Company
July
Date Item
Laronne Supply, Inc.
Balance
Diego Fertilizer Company
Item
Item
Balance
8,400
July
Date
Date Balance
Balance
374
Date Item
Item
Balance
Purchases Returns and Allowances
Balance
Date Item
Account No. 613
Post.
Date
Freight In
Accounts Payable Subsidiary Ledger
Brandon Lawn Equipment Company
Balance
Post.
Item
Purchases
P2. Purchases and General Journals (Concluded)
Account No. 611
Date
Post.
Account No. 612
6S-6
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Page 1
Invoice Post.
Account Debited Number Terms Ref.
9 Midtown Center 1001 5/10, n/30
15 Steve Oahani 1002 n/30
18 Missy Porter 1003 n/30
(112/411)
194
3,652
260
P3. Comprehensive Use of Special-Purpose Journals
1., 5., and 6.
Sales Journal
1,564
Debit Accounts Receivable/
Credit Sales
May
Date
6S-7
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