Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
Ex. E–1
Ex. E–2
a. Cash receipts journal f. Cash receipts journal
Ex. E–3
a. General journal f. General journal
Ex. E–4
Apr. 3. Provided service on account; posted from revenue journal page 44.
APPENDIX E
SPECIAL JOURNALS AND SUBSIDIARY LEDGERS
EXERCISES
APPENDIX E Special Journals and Subsidiary Ledgers
Ex. E–5
Ex. E–6
Ex. E–7
May 6. Purchased services, supplies, equipment, or other commodities on
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–1
1. and 2.
Page 1
2014
May 21 1 J. Dunlop 9
Page 1
Debit Credit
2014
Invoice
No.
JOURNAL
Date
Post.
Ref.
Post.
Ref.
90
Accounts Rec. Dr.
Fees Earned Cr.
Description
Date
PROBLEMS
REVENUE JOURNAL
Account Debited
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–1 (Continued)
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
D. Chase
Name:
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
Name: J. Dunlop
Date
Name: F. Mintz
Date
Name: K. Tisdale
Date
Date
Name: T. Patrick
Date
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–1 (Concluded)
Account No. 12
Post.
Item Ref. Debit Credit Debit Credit
2014
4. The computerized system is much more efficient. Each sales transaction
would be entered into an electronic invoice form. The postings to the accounts
GENERAL LEDGER
Date
Balance
Accounts Receivable
Account:
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–2
1. and 5.
Account No. 11
Post.
Item Ref. Debit Credit Debit Credit
2014
Account No. 12
Post.
Item Ref. Debit Credit Debit Credit
2014
Account No. 14
Post.
Item Ref. Debit Credit Debit Credit
2014
Account No. 41
Post.
Item Ref. Debit Credit Debit Credit
2014
GENERAL LEDGER
Account: Fees Earned
Balance
Date
Balance
Accounts Receivable
Account:
Account: Cash
Balance
Date
Date
Account: Notes Receivable
Balance
Date
2. and 4.
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
Sept. 1 Balance 96,110
Name: Rahal Co.
Date
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
Date
Mendez Co.
Name:
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–2 (Continued)
3., 4., and 5.
Page 40
Page 36
Page 1
JOURNAL
Post.
Ref.
Date Credit
Debit
Cash
Dr.
Accts.
Rec.
Cr.
Fees
Earned
Cr.
2014
2014
Description
CASH RECEIPTS JOURNAL
2014
Date
Post.
Ref.
Accounts Rec. Dr.
Fees Earned Cr.
Invoice
No.
REVENUE JOURNAL
Account Debited
Date
Post.
Ref.
Account Credited
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–2 (Concluded)
6. The sum of the customer balances is in agreement with the controlling account. Both
APPENDIX E Special Journals and Subsidiary Ledgers
Prob. E–3
1. and 4.
Account No. 14
Post.
Item Ref. Debit Credit Debit Credit
2014
Account No. 15
Post.
Item Ref. Debit Credit Debit Credit
2014
Account No. 18
Post.
Item Ref. Debit Credit Debit Credit
2014
Account No. 21
Post.
Item Ref. Debit Credit Debit Credit
2014
Balance
Date
Date
Account: Office Equipment
Balance
Date
GENERAL LEDGER
Account: Accounts Payable
Balance
Date
Balance
Office Supplies
Account:
Account: Field Supplies
2. and 3.
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
Post.
Item Ref. Debit Credit Balance
2014
Oct. 14 P30 2,940 2,940
Post.
Item Ref. Debit Credit Balance
2014
Executive Office Supply Co.
Name:
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
Name: Meade Co.
Date
Name: Omni Co.
Date
Date
Name: Peach Computers Co.
Date
3. and 4.
Page 30
2014
Oct. 2 9400 400
Accounts
Payable
Cr.
Office
Supplies
Dr.
Other
Accounts
Dr.
Post.
Ref.
Amount
Date
PURCHASES JOURNAL
Field
Supplies
Dr.
Account Credited
Meade Co.
Post.
Ref.
