CREDIT MEMO
Date
1/15/2018
Credit No.
12
Customer
Dr. Diego Medina
529 Vista Point
Mammoth Lakes, CA 93546
Your Name’s Sierra Sports
875 Mountain Road
Mammoth Lakes, CA 93546
P.O. No. Project
Description Qty Rate Amount
Page 256 of 690
Chapter 5, Document 42
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
1/15/2018
Dr. Diego Medina
529 Vista Point
Mammoth Lakes, CA 93546
Your Name’s Sierra Sports
875 Mountain Road
Mammoth Lakes, CA 93546
Chapter 5, Document 43
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 257 of 690
Trans # Type Date Num Name Memo Account Debit Credit
48 Invoice 01/02/2018 1
A
sher, Benjamin VOID: 1200 ꞏ Accounts Receivable 0.00
A
sher, Benjamin
A
fter Ski Boots and Shoes 4011 ꞏ Clothing & Accessory Sales 0.00
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 74.00
Medina, Diego Dr. Ski Boots 4012 ꞏ Equipment Sales 250.00
Medina, Diego Dr. Ski Boots 1120 ꞏ Inventory Asset 75.00
Medina, Diego Dr. Ski Boots 5000 ꞏ Cost of Goods Sold 75.00
Medina, Diego Dr. Ski Poles 4012 ꞏ Equipment Sales 75.00
Medina, Diego Dr. Ski Poles 1120 ꞏ Inventory Asset 30.00
Medina, Diego Dr. Ski Poles 5000 ꞏ Cost of Goods Sold 30.00
Chapter 5, Document 44
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Your Name’s Sierra Sports
Journal
January 1 – 15, 2018
Page 258 of 690
A
A
A
A
Trans # Type Date Num Name Memo Account Debit Credit
Grant, Helen Gloves 1120 ꞏ Inventory Asset 15.00
Grant, Helen Gloves 5000 ꞏ Cost of Goods Sold 15.00
Grant, Helen Ski and Snowboard Socks 4011 ꞏ Clothing & Accessory Sales 15.95
Grant, Helen Ski and Snowboard Socks 1120 ꞏ Inventory Asset 3.00
Grant, Helen Ski and Snowboard Socks 5000 ꞏ Cost of Goods Sold 3.00
55 Invoice 01/04/2018 6
A
sher, Benjamin 1200 ꞏ Accounts Receivable 852.11
A
sher, Benjamin Snow Skis 4012 ꞏ Equipment Sales 599.00
A
sher, Benjamin Snow Skis 1120 ꞏ Inventory Asset 100.00
A
sher, Benjamin Snow Skis 5000 ꞏ Cost of Goods Sold 100.00
A
sher, Benjamin Ski Bindings 4012 ꞏ Equipment Sales 179.00
A
sher, Benjamin Ski Bindings 1120 ꞏ Inventory Asset 75.00
A
sher, Benjamin Ski Bindings 5000 ꞏ Cost of Goods Sold 75.00
A
sher, Benjamin Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 4011 ꞏ Clothing & Accessory Sales 10.99
A
sher, Benjamin Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 1120 ꞏ Inventory Asset 3.66
A
sher, Benjamin Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 5000 ꞏ Cost of Goods Sold 3.66
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 63.12
Your Name’s Sierra Sports
Journal
January 1 – 15, 2018
Chapter 5, Document 44
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 259 of 690
Trans # Type Date Num Name Memo Account Debit Credit
59 Inventory Adjust 01/08/2018 Helmets Opening balance 3010 ꞏ Your Name & Muir Capital 700.00
Helmets Opening balance 1120 ꞏ Inventory Asset 700.00
700.00 700.00
61 Credit Memo 01/10/2018 9 Waters, Angie 1200 ꞏ Accounts Receivable 53.95
Waters, Angie Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 4011 ꞏ Clothing & Accessory Sales 49.95
Waters, Angie Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 1120 ꞏ Inventory Asset 3.66
r
Cash Custome
r
Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 4011 ꞏ Clothing & Accessory Sales 29.95
Cash Custome
r
Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 1120 ꞏ Inventory Asset 3.66
Cash Custome
r
Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 5000 ꞏ Cost of Goods Sold 3.66
Cash Custome
r
Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 4011 ꞏ Clothing & Accessory Sales 2.99
Cash Custome
r
Sunglasses, Ski Wax, Sunscreen, Ski Holders, Bo… 1120 ꞏ Inventory Asset 3.66
r
r
r
r
r
r
Chapter 5, Document 44
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Your Name’s Sierra Sports
Journal
January 1 – 15, 2018
Page 260 of 690
Trans # Type Date Num Name Memo Account Debit Credit
65 Sales Receipt 01/11/2018 3 Cash Custome
r
12000 ꞏ Undeposited Funds 34.54
67 Sales Receipt 01/12/2018 5 Cash Custome
r
12000 ꞏ Undeposited Funds 410.29
Cash Custome
r
Parkas and Jackets 4011 ꞏ Clothing & Accessory Sales 249.95
Cash Custome
r
Parkas and Jackets 1120 ꞏ Inventory Asset 58.33
Cash Custome
r
Parkas and Jackets 5000 ꞏ Cost of Goods Sold 58.33
Cash Custome
r
Ski Pants 4011 ꞏ Clothing & Accessory Sales 129.95
Cash Custome
r
Ski Pants 1120 ꞏ Inventory Asset 30.00
Cash Custome
r
Ski Pants 5000 ꞏ Cost of Goods Sold 30.00
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 30.39
r
r
r
r
r
r
r
r
r
r
r
r
r
r
r
Chapter 5, Document 44
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Your Name’s Sierra Sports
Journal
January 1 – 15, 2018
Page 261 of 690
r
r
r
r
r
r
r
Trans # Type Date Num Name Memo Account Debit Credit
72 Payment 01/13/2018 Waters, Angie 12000 ꞏ Undeposited Funds 1,035.22
Waters, Angie 1200 ꞏ Accounts Receivable 1,035.22
1,035.22 1,035.22
76 Payment 01/14/2018 3951 Medina, Diego Dr. 12000 ꞏ Undeposited Funds 1,094.45
Medina, Diego Dr. 1200 ꞏ Accounts Receivable 1,094.45
1,094.45 1,094.45
77 Payment 01/14/2018 Green, Lila Partial Payment 12000 ꞏ Undeposited Funds 500.00
Green, Lila Partial Payment 1200 ꞏ Accounts Receivable 500.00
500.00 500.00
78 Payment 01/14/2018 Grant, Helen 12000 ꞏ Undeposited Funds 408.48
Chapter 5, Document 44
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Your Name’s Sierra Sports
Journal
January 1 – 15, 2018
Page 262 of 690
Trans # Type Date Num Name Memo Account Debit Credit
Cash Custome
r
Deposit 12000 ꞏ Undeposited Funds 626.29
Mountain Schools Includes Early Payment Discount 12000 ꞏ Undeposited Funds 2,038.48
82 General Journal 01/15/2018 Bank service charges for bounced check# 765 6120 ꞏ Bank Service Charges 10.00
Ortiz, Oskar Bank service charges for bounced check# 765 1100 ꞏ Checking 10.00
10.00 10.00
Your Name’s Sierra Sports
Journal
January 1 – 15, 2018
Chapter 5, Document 44
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 263 of 690
r
Jan 15, 18
Debit Credit
1100 ꞏ Checking 35,732.30
3000 ꞏ Owners’ Equity 0.00
3010 ꞏ Your Name & Muir Capital 26,159.44
3011 ꞏ Your Name, Investment 20,000.00
Y
our Name’s Sierra Sports
Trial Balance
As of January 15, 2018
Chapter 5, Document 45
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 264 of 690
Type Date Name Num Qty Cost On Hand Avg Cost Asset Value
Inventory
Bindings-Skis
Invoice 01/03/2018 Medina, Diego Dr. 2 -1 49 75.00 3,675.00
Chapter 5, Document 46
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Y
our Name’s Sierra Sports
Inventory Valuation Detail
January 1 – 15, 2018
Page 265 of 690
Type Date Name Num Qty Cost On Hand Avg Cost Asset Value
Parkas
Invoice 01/03/2018 Grant, Helen 4 -1 74 58.33 4,316.67
Sales Receipt 01/12/2018 Cash Custome
r
5-1 73 58.33 4,258.34
Total Parkas 73.00 4,258.34
Poles-Ski
r
r
Chapter 5, Document 46
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Y
our Name’s Sierra Sports
Inventory Valuation Detail
January 1 – 15, 2018
Page 266 of 690
r
Type Date Name Num Qty Cost On Hand Avg Cost Asset Value
Socks
Invoice 01/03/2018 Grant, Helen 4 -1 74 3.00 222.00
Y
our Name’s Sierra Sports
Inventory Valuation Detail
January 1 – 15, 2018
Chapter 5, Document 46
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 267 of 690
Jan 1 – 15, 18
Ordinary Income/Expense
Income
4010 ꞏ Sales
Y
our Name’s Sierra Sports
Profit & Loss
January 1 – 15, 2018
Chapter 5, Document 47
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 268 of 690
Your Name’s
California Casual
5
INVOICE
Date
1/1/2018
Invoice #
15
Bill To
Kwan Lee
844 Pismo Street
San Luis Obispo, CA 93407
Ship To
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
P.O. Number Terms
Rep Ship
Via F.O.B. Project
Chapter 5, Document 1
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Item Code DescriptionQuantity Price Each Amount
Page 270 of 690
Your Name‘s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
Received From:
Douglas, Megan
Megan Douglas
3561 Madonna Road
San Luis Obispo, CA 93407
Payment Receipt
Chapter 5, Document 2
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 271 of 690
SALES ORDER
Date
1/1/2018
S.O. No.
1
Name / Address
Evan Ross
9215 Grand Avenue
Oceano, CA 93417
Ship To
Evan Ross
9215 Grand Avenue
Oceano, CA 93417
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
P.O. No. Project
Item Description Ordered Rate Amount
Page 272 of 690
Chapter 5, Document 3
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
INVOICE
Date
1/3/2018
Invoice #
16
Bill To
Allison Day
1152 Palm Street
San Luis Obispo, CA 93407
Ship To
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
P.O. Number Terms
Rep Ship
Via F.O.B. Project
Chapter 5, Document 4
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Item Code DescriptionQuantity Price Each Amount
Page 273 of 690
INVOICE
Date
1/3/2018
Invoice #
17
Bill To
San Luis Obispo Rec Center
451 March Street
San Luis Obispo, CA 93407
Ship To
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
P.O. Number Terms
Rep Ship
Via F.O.B. Project
Chapter 5, Document 5
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Item Code DescriptionQuantity Price Each Amount
Page 274 of 690
SALES RECEIPT
Date
1/3/2018
Sale No.
25
Sold To
Cash Customer
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
Check No.
378
Payment Method
Check
Project
Description Qty Rate Amount
Page 275 of 690
Chapter 5, Document 6
Copyright © 2019 Pearson Education, Inc. All Rights Reserved