GENERAL JOURNAL PAGE
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
16 16
17 17
18 18
19 19
20 20
21 21
22 22
23 23
24 24
25 25
Name Date Class
13-M MASTERY PROBLEM (concluded)
1.
20–
Jan. 15 Payroll Taxes Expense M64 8 8 9 17
Social Security Tax Payable 3 9 8 04
Medicare Tax Payable 9 3 09
Unemployment Tax Payable—Federal 5 1 36
Unemployment Tax Payable—State 3 4 6 68
31 Payroll Taxes Expense M65 9 4 3 19
Social Security Tax Payable 4 2 2 22
Medicare Tax Payable 9 8 75
Unemployment Tax Payable—Federal 5 4 48
13
13-C CHALLENGE PROBLEM (LO3), p. 403
Projecting employee expense
1.
Salary
Insurance
Tax Taxable Amount Tax Rate
2.
Salary
Insurance
Tax Taxable Amount Tax Rate
3.
Yes, the company’s total expense is reduced by $229.50 ($104,501.50 – $104,272.00), the tax savings
$ 95,000.00
1,800.00
Social security $95,000.00 ë6.20% =5,890.00
$ 95,000.00
1,800.00
Social security $92,000.00 ë6.20% =5,704.00
Name Date Class
Name Date Class
REINFORCEMENT ACTIVITY 2, Part A, p. 406
An Accounting Cycle for a Corporation: Journalizing and Posting Transactions
1.
GENERAL JOURNAL PAGE 12
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF. DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
13 13
14 14
15 15
16 16
17 17
20–
Dec. 2Dividends M56 3130 3 0 0 0 00
Dividends Payable 2180 3 0 0 0 00
7Supplies—Office M57 1145 2 2 5 00
Supplies—Store 1150 3 1 2 00
Accounts Payable/Alpha Supply 2110210 5 3 7 00
16 Musheer Orthopedics M59 140 6 2 7 50
Hubbard Medical Clinic 130 6 2 7 50
24 Sales Returns and Allowances CM25 4130 1 2 8 00
Sales Tax Payable 2120 7 68
Accounts Receivable/Pacific Stores 1130
150 1 3 5 68
REINFORCEMENT ACTIVITY 2, Part A (continued)
1., 5.
PURCHASES JOURNAL PAGE 12
DATE ACCOUNT CREDITED PURCH.
NO.
POST.
REF.
PURCHASES DR.
ACCTS. PAY. CR.
1 1
2 2
3 3
7 7
8 8
9 9
10 10
11 11
12 12
13 13
14 14
15 15
16 16
17 17
18 18
19 19
20 20
21 21
22 22
23 23
24 24
25 25
20–
Dec. 8Trevino Company 245 260 2 4 0 0 00
10 Singh Imports 246 250 3 9 2 5 00
13 Klein Industries 247 230 4 9 5 8 00
Name Date Class
© 2019 Cengage®. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Reinforcement Activity 2, Part A • 373
Name Date Class
REINFORCEMENT ACTIVITY 2, Part A (continued)
CASH PAYMENTS JOURNAL PAGE 23
1 2 3 4 5
DATE ACCOUNT TITLE CK.
NO.
POST.
REF.
GENERAL ACCOUNTS
PAYABLE
DEBIT
PURCHASES
DISCOUNT
CREDIT
CASH
CREDIT
DEBIT CREDIT
1 1
2 2
3 3
10 10
11 11
12 12
13 13
14 14
15 15
16 16
17 17
18 18
25 25
1., 2., 7., 9.
20–
Dec. 1Rent Expense 456 6145 1 6 0 0 00 1 6 0 0 00
2 Supplies—Office 457 1145 2 1 6 00 2 1 6 00
4Miscellaneous Expense 458 6135 8 5 00 8 5 00
15 Employee Income Tax Payable 465 2130 4 7 1 00 1 5 8 0 25
Social Security Tax Payable 2135 8 9 9 00
Medicare Tax Payable 2140 2 1 0 25
15 Salary Expense 466 6150 3 5 2 8 00 2 6 7 0 10
Employee Income Tax Payable 2130 2 2 8 00
Social Security Tax Payable 2135 2 1 8 74
Medicare Tax Payable 2140 5 1 16
Health Insurance Premiums Payable 2145 2 4 0 00
Retirement Benefits Payable 2150 1 2 0 00
23148_ch13_hr_349-392.indd 373 1/18/18 1:29 AM
374 • Working Papers
© 2019 Cengage®. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
REINFORCEMENT ACTIVITY 2, Part A (continued)
CASH PAYMENTS JOURNAL PAGE 24
1 2 3 4 5
DATE ACCOUNT TITLE CK.
NO.
POST.
REF.
GENERAL ACCOUNTS
PAYABLE
DEBIT
PURCHASES
DISCOUNT
CREDIT
CASH
CREDIT
DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
14 14
15 15
1., 3., 6., 7., 9.
Column Title
Debit
Column
Totals
Credit
Column
Totals
General Debit …………………………….
General Credit ……………………………
Column Title
Debit
Column
Totals
Credit
Column
Totals
General Debit ………………………..
General Credit ……………………….
TE
20–
Dec. 31 Supplies—Office 469 1145 4 2 50 9 0 30
Supplies—Store 1150 1 6 40
Advertising Expense 6105 2 5 00
Miscellaneous Expense 6135 5 40
Cash Short and Over 6110 1 00
$ 11,493.75
$ 857.90
$3,710.30
$ 874.93
23148_ch13_hr_349-392.indd 374 1/18/18 1:29 AM
Name Date Class
REINFORCEMENT ACTIVITY 2, Part A (continued)
1., 4.
SALES JOURNAL PAGE 12
123
DATE ACCOUNT DEBITED SALE
NO.
POST.
REF.
ACCOUNTS
RECEIVABLE
DEBIT
SALES
CREDIT
SALES TAX
PAYABLE
CREDIT
1 1
2 2
3 3
7 7
8 8
9 9
10 10
11 11
12 12
13 13
14 14
15 15
16 16
17 17
18 18
19 19
20 20
21 21
22 22
23 23
24 24
25 25
20–
Dec. 3Pacific Stores 395 150 5 0 8 2 70 4 7 9 5 00 2 8 7 70
8Batesville Manufacturing 396 110 1 2 8 0 48 1 2 0 8 00 7 2 48
14 Chandler City Schools 397 120 5 5 8 0 00 5 5 8 0 00
376 • Working Papers
© 2019 Cengage®. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1., 3., 6., 7., 8.
CASH RECEIPTS JOURNAL PAGE 12
1234567
DATE ACCOUNT TITLE DOC.
NO.
POST.
REF.
GENERAL ACCOUNTS
RECEIVABLE
CREDIT
SALES
CREDIT
SALES TAX
PAYABLE
CREDIT
SALES
DISCOUNT
DEBIT
CASH
DEBIT
DEBIT CREDIT
1 1
2 2
3 3
4 4
5 5
6 6
12 12
13 13
14 14
15 15
16 16
REINFORCEMENT ACTIVITY 2, Part A (continued)
Column Title
Debit
Totals
Credit
Totals
General Debit …………………………….
General Credit ……………………………
Accounts Receivable Credit ………………….
Sales Credit ………………………………
Cash on hand at the beginning of the month
(Dec. 1 balance of general ledger Cash account) ……….
Plus total cash received during the month
(Cash Debit column total, cash receipts journal) ……….
Equal total……………………………………..
TE
20–
Dec. 3Chandler City Schools R402 120 8 1 4 80 1 6 30 7 9 8 50
6✔TS45 ✔5 8 4 5 00 3 1 5 63 6 1 6 0 63
11 Pacific Stores R403 150 3 0 6 1 22 6 1 22 3 0 0 0 00
13 ✔TS46 ✔7 1 2 5 00 3 8 4 75 7 5 0 9 75
14 Musheer Orthopedics R404 140 8 3 1 50 8 3 1 50
20 ✔TS47 ✔6 8 9 0 00 3 6 7 93 7 2 5 7 93
$ 5,765.02
30,075.00
$31,485.25
37,394.67
$68,879.92
23148_ch13_hr_349-392.indd 376 1/18/18 1:29 AM
Name Date Class
CUSTOMER Batesville Manufacturing CUSTOMER NO. 110
DATE ITEM POST.
REF. DEBIT CREDIT DEBIT
BALANCE
20–
Dec. 1 Balance ✔5 8 1 9 35
CUSTOMER Hubbard Medical Clinic CUSTOMER NO. 130
DATE ITEM POST.
REF. DEBIT CREDIT DEBIT
BALANCE
20–
Dec. 1 Balance ✔4 6 4 9 80
Name Date Class
REINFORCEMENT ACTIVITY 2, Part A (continued)
1., 3., 10.
ACCOUNTS RECEIVABLE LEDGER
8S12 1 2 8 0 48 7 0 9 9 83
16 G12 6 2 7 50 4 0 2 2 30
22 CR12 1 0 5 7 50 2 9 6 4 80
REINFORCEMENT ACTIVITY 2, Part A (continued)
CUSTOMER Western Theaters CUSTOMER NO. 160
DATE ITEM POST.
REF. DEBIT CREDIT DEBIT
BALANCE
20–
Dec. 1 Balance ✔1 6 9 4 34
Gulf Uniform Supply, Inc.
Schedule of Accounts Receivable
December 31, 20–
Batesville Manufacturing 7 0 9 9 83
Chandler City Schools 5 5 8 0 00
Name Date Class
Name Date Class
REINFORCEMENT ACTIVITY 2, Part A (continued)
1., 3., 10.
ACCOUNTS PAYABLE LEDGER
VENDOR Alpha Supply VENDOR NO. 210
DATE ITEM POST.
REF. DEBIT CREDIT CREDIT
BALANCE
20–
Dec. 1 Balance ✔2 2 8 4 00
VENDOR Klein Industries VENDOR NO. 230
DATE ITEM POST.
REF. DEBIT CREDIT CREDIT
BALANCE
20–
Dec. 1 Balance ✔3 2 9 0 00
7 G12 5 3 7 00 2 8 2 1 00
15 CP23 9 4 2 00 1 8 7 9 00
11 CP23 2 6 1 8 00 6 7 2 00
13 P12 4 9 5 8 00 5 6 3 0 00
14 G12 4 1 0 00 5 2 2 0 00
VENDOR Singh Imports VENDOR NO. 250
DATE ITEM POST.
REF. DEBIT CREDIT CREDIT
BALANCE
20–
Dec. 1 Balance ✔1 5 8 9 00
REINFORCEMENT ACTIVITY 2, Part A (continued)
8 CP23 1 5 8 9 00
10 P12 3 9 2 5 00 3 9 2 5 00
Gulf Uniform Supply, Inc.
Schedule of Accounts Payable
December 31, 20–
Alpha Supply 1 8 7 9 00
Distinctive Garments 5 1 2 3 00