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Exercise 5.1 Record all the transactions for the month of September using the Source Documents (SD) The following source document transactions should be recorded using appropriate modules with dates in September 2026. If you are not sure which module to use, look back to Chapters 1, 2A, 2B, 3A and 3B, or ask your instructor for assistance. Begin recording the transactions assuming you work only 1 day a week, starting on September 2, 2026. Advance your Session Date appropriately. Note: SD refers to Source Document. Some important points to note are as follows: . Make sure that you enter appropriate descriptions, and invoice credit or debit note numbers with proper codes where required. You may have to create new vendors, customers and G/L accounts. Discounts for paying early are calculated on pre-tax amounts. There is no HST on discounts. Discount on Office Supplies should be charged to the Office Supplies account. Late payment amounts on Utilities should be charged to the Utilities account. Remember that the HST remittance is calculated from the difference between the HST CHARGED ON SALES account and the balance of HST PAID ON PURCHASES account in previous month(s). . Display & Review the Inventory Detail Report and check balances before you begin recording entries. Cost In Stock Total Cost Inventory Details as of Aug 31, 2026: Description Item Code Minimum Cabinets M612 M612 5 Cabinets ML45 ML45 5 Cutting Gadgets CG01 10 Food Pro Blades FB02 Kitchen Gadgets KG11 20 Knives K01 Sink Model D256 D256 10 Special Drawers SD01 e5e5e5 2,385.00 1,837.50 4.975 6.00 4.975 18.375 150.00 162.50 Selling Price 4,790.00 3,695.00 10.20 12.20 9.50 37.25 305.00 328.00 22 18 200 95 200 80 50 34 Total 52.470.00 33,075.00 995.00 570.00 895.00 1,470.00 7,500.00 5,525.00 102,500.00 Exercise 5.1: Record Transactions for the month of September Transactions are recorded using the original date of the document to ensure that our records match the records of our suppliers and customers for discount periods, etc. (e.g., a 2%/10, net 30 day purchase invoice dated September 23, received on September 24, and approved on September 25, would be recorded as a purchase using the September 23 date, as this is the date the discount starts). SD-1 Quote Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 Ship To: (Same) Quote NO. To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 289 DATE 1 Sep 01, 2026 Tax Amount Item Qty. Order Back Order Description JML45 Cabinets ML45 p256 Sink Model D256 SD01 1 Special Drawers Base Price $3.695.00 300.00 328.00 Disc. Price % $3,695.00 300.00 328.00 HS HS HS 3,695.00 305.00 328.00 Subtotal HST 13% 4,328.00 562.64 HST #R4675 2567 TOTAL DUE Shipping Date: Sep 07, 2026 Terms: 2%/10, Net 30 days $ 4,890.64 SD-2 CHEQUE NO. 791 Chaiken's Home Depot 268 Grandview Street Kitchener, ON N2B 289 DATE 01092026 DDMM Y YYY SD-2 Chaiken's Home Depot CHEQUE NO. 791 268 Grandview Street Kitchener, ON N2B 289 DATE 0 1 0 9 2 0 2 6 DDMMYYYY PAY Five Thousand Two Hundred Eighty-Three and 60/100 $**5,283.60 To The Order Of Sarah's Kitchen Stores Bank of Nova Scotia Chaiken's Home Depot 936 Grandview Street Marion Chaiken Kitchener, ON N2B 2D3 1:791 10289006: 116-93352 DETACH BEFORE CASHING Chaiken's Home Depot CHEQUE NO Date Description Amount Sep 01, 2026 #598 $5,283.60 791 RECEIVED Sep 02 2026 FOR DEPOSIT ONLY SD-3 Sarah's CHEQUE NO. 642 Ship To: (Same) Order To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 2B9 DATE 1 Sep 02, 2026 Disc. % Tax Amount | Back Item Qty. Order Description Order ML45 Cabinets ML45 D256 Sink Model D256 SD01 Special Drawers Base Price $3,695.00 300.00 328.00 Price $3,695.00 300.00 328.00 HS HS HS 3,695.00 305.00 328.00 Subtotal HST 13% 4,328.00 562.64 HST #R4675 2567 TOTAL DUE Shipping Date: Sep 07, 2026 Terms: 2%/10, Net 30 days $4,890.64 SD-5 CHEQUE NO 643 Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C6B3 DATE 0 2 0 9 2 0 2 6 DDMMYYYY $**308.88 PAY Three Hundred Eight and 88/100 Office Stationery Plus The 987 Emerson Street Order Hamilton ON L8S 4W3 Sarah's Kitchen Stores Toronto Dominion Bank 2 Palace Rd. Hamilton, Ontario L3X 173 S. Kala 4643 12614-007: 192./99.. 21 Please Detach Before Cashing Discount Inv. 5628 5.57 Sarah's Kitchen Stores Office Stationery Plus Cheque No. 643 Sep. 02, 2026 $308.88 Hamilton, ON L9K 3A5 DATE 0609 2026 DDMMYYYY PAY One Hundred Eleven and 00/100- $** 111.00 To The Order Of Sarah's Kitchen Stores 339 Hudson Court Hamilton, ON L9C 6B3 Central Bank 601 Main St Hamilton, ON LOZ 1M2 J. Daly CO 50 L /11330 50.- 91 890 11: RECEIVED Sep 06, 2026 FOR DEPOSIT ONLY Note: This is a cheque from the missing customer. Change the name and customer information to Mr. Daly and increase credit limit to $200.00. SD-7 CH JE NO. 4680 LEE'S Department 2075 Heron Road Ottawa, ON K1N 2A4 DATE 0 6 0 9 2 0 2 6 DDMMYYYY To the Order Of Sarah's Kitchen Stores $**7.226.10 PAY Seven Thousand Two Hundred Twenty-Six --10/100 DOLLARS LEE'S Department Stores Bank of Montreal 618 Main St. Erinvale, ON NOZ 120 M. Lee 1:4680/ ------ M000 31/012, 180 2 3 2.5 --------------- DETACH BEFORE CASHING Amount Discount $7,226.10 130.20 Date Sep 06, 2026 Description Payment re: 613 CHEQUE NO. 4680 LEE'S Department Stores SD-8 INVOICE Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 Ship To: (Same) Invoice No. To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 289 DATE 922 Sep 07, 2026 Item Qty. Order Disc. % Amount ML45 D256 SD01 1 1 1 Back Order Description Cabinets ML45 Sink Model D256 Special Drawers Base Price $3,695.00 305.00 328.00 Price $3,695.00 305.00 328.00 Tax HS HS HS 3,695.00 305.00 328.00 Subtotal HST 13% 4,328.00 562.64 HST #R4675 2567 Reference: Sales Order 1 Shipped: Sep 07, 2026 Terms: 2%/10, Net 30 days TOTAL DUE $4,890.64 SD-9 Order Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 To: Connoisseur Gadgets Ltd. 896 Shaw Park Road Belfountain ON LON 1B3 Order NO. Ship To: Sarah's Kitchen Stores 339 Hudson Court Hamilton ON L9C 6B3 DATE Sep 07, 2026 1 Disc. % Price Tax Amount Item Qty. Order K01 10 CG01 FB02 9 Back Order Description Knives Cutting Gadgets Food Pro Blades Base Price $18.40 5.00 6.00 $18.40 5.00 6.00 HS HS HS 184.00 40.00 54.00 Subtotal HST 13% 278.00 36.14 HST #R4675 2567 TOTAL DUE Shipping Date: Sep 08, 2026 Terms: 2%/10, Net 30 days $ 314.14 SD-10 - CREDIT MEMO. Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 Ship To: (Same) Invoice No. To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 2B9 DATE 922Rt Sep 08, 2026 Price Disc. % Back Item Qty. Order Order Description p256-1 Sink Model D256 Amount Base Price $305.00 Tax HS $305.00 -305.00 Subtotal HST 13% -305.00 -39.65 HST #R4675 2567 TOTAL CREDIT $-344.65 Exercise 5.1 Record all the transactions for the month of September using the Source Documents (SD) The following source document transactions should be recorded using appropriate modules with dates in September 2026. If you are not sure which module to use, look back to Chapters 1, 2A, 2B, 3A and 3B, or ask your instructor for assistance. Begin recording the transactions assuming you work only 1 day a week, starting on September 2, 2026. Advance your Session Date appropriately. Note: SD refers to Source Document. Some important points to note are as follows: . Make sure that you enter appropriate descriptions, and invoice credit or debit note numbers with proper codes where required. You may have to create new vendors, customers and G/L accounts. Discounts for paying early are calculated on pre-tax amounts. There is no HST on discounts. Discount on Office Supplies should be charged to the Office Supplies account. Late payment amounts on Utilities should be charged to the Utilities account. Remember that the HST remittance is calculated from the difference between the HST CHARGED ON SALES account and the balance of HST PAID ON PURCHASES account in previous month(s). . Display & Review the Inventory Detail Report and check balances before you begin recording entries. Cost In Stock Total Cost Inventory Details as of Aug 31, 2026: Description Item Code Minimum Cabinets M612 M612 5 Cabinets ML45 ML45 5 Cutting Gadgets CG01 10 Food Pro Blades FB02 Kitchen Gadgets KG11 20 Knives K01 Sink Model D256 D256 10 Special Drawers SD01 e5e5e5 2,385.00 1,837.50 4.975 6.00 4.975 18.375 150.00 162.50 Selling Price 4,790.00 3,695.00 10.20 12.20 9.50 37.25 305.00 328.00 22 18 200 95 200 80 50 34 Total 52.470.00 33,075.00 995.00 570.00 895.00 1,470.00 7,500.00 5,525.00 102,500.00 Exercise 5.1: Record Transactions for the month of September Transactions are recorded using the original date of the document to ensure that our records match the records of our suppliers and customers for discount periods, etc. (e.g., a 2%/10, net 30 day purchase invoice dated September 23, received on September 24, and approved on September 25, would be recorded as a purchase using the September 23 date, as this is the date the discount starts). SD-1 Quote Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 Ship To: (Same) Quote NO. To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 289 DATE 1 Sep 01, 2026 Tax Amount Item Qty. Order Back Order Description JML45 Cabinets ML45 p256 Sink Model D256 SD01 1 Special Drawers Base Price $3.695.00 300.00 328.00 Disc. Price % $3,695.00 300.00 328.00 HS HS HS 3,695.00 305.00 328.00 Subtotal HST 13% 4,328.00 562.64 HST #R4675 2567 TOTAL DUE Shipping Date: Sep 07, 2026 Terms: 2%/10, Net 30 days $ 4,890.64 SD-2 CHEQUE NO. 791 Chaiken's Home Depot 268 Grandview Street Kitchener, ON N2B 289 DATE 01092026 DDMM Y YYY SD-2 Chaiken's Home Depot CHEQUE NO. 791 268 Grandview Street Kitchener, ON N2B 289 DATE 0 1 0 9 2 0 2 6 DDMMYYYY PAY Five Thousand Two Hundred Eighty-Three and 60/100 $**5,283.60 To The Order Of Sarah's Kitchen Stores Bank of Nova Scotia Chaiken's Home Depot 936 Grandview Street Marion Chaiken Kitchener, ON N2B 2D3 1:791 10289006: 116-93352 DETACH BEFORE CASHING Chaiken's Home Depot CHEQUE NO Date Description Amount Sep 01, 2026 #598 $5,283.60 791 RECEIVED Sep 02 2026 FOR DEPOSIT ONLY SD-3 Sarah's CHEQUE NO. 642 Ship To: (Same) Order To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 2B9 DATE 1 Sep 02, 2026 Disc. % Tax Amount | Back Item Qty. Order Description Order ML45 Cabinets ML45 D256 Sink Model D256 SD01 Special Drawers Base Price $3,695.00 300.00 328.00 Price $3,695.00 300.00 328.00 HS HS HS 3,695.00 305.00 328.00 Subtotal HST 13% 4,328.00 562.64 HST #R4675 2567 TOTAL DUE Shipping Date: Sep 07, 2026 Terms: 2%/10, Net 30 days $4,890.64 SD-5 CHEQUE NO 643 Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C6B3 DATE 0 2 0 9 2 0 2 6 DDMMYYYY $**308.88 PAY Three Hundred Eight and 88/100 Office Stationery Plus The 987 Emerson Street Order Hamilton ON L8S 4W3 Sarah's Kitchen Stores Toronto Dominion Bank 2 Palace Rd. Hamilton, Ontario L3X 173 S. Kala 4643 12614-007: 192./99.. 21 Please Detach Before Cashing Discount Inv. 5628 5.57 Sarah's Kitchen Stores Office Stationery Plus Cheque No. 643 Sep. 02, 2026 $308.88 Hamilton, ON L9K 3A5 DATE 0609 2026 DDMMYYYY PAY One Hundred Eleven and 00/100- $** 111.00 To The Order Of Sarah's Kitchen Stores 339 Hudson Court Hamilton, ON L9C 6B3 Central Bank 601 Main St Hamilton, ON LOZ 1M2 J. Daly CO 50 L /11330 50.- 91 890 11: RECEIVED Sep 06, 2026 FOR DEPOSIT ONLY Note: This is a cheque from the missing customer. Change the name and customer information to Mr. Daly and increase credit limit to $200.00. SD-7 CH JE NO. 4680 LEE'S Department 2075 Heron Road Ottawa, ON K1N 2A4 DATE 0 6 0 9 2 0 2 6 DDMMYYYY To the Order Of Sarah's Kitchen Stores $**7.226.10 PAY Seven Thousand Two Hundred Twenty-Six --10/100 DOLLARS LEE'S Department Stores Bank of Montreal 618 Main St. Erinvale, ON NOZ 120 M. Lee 1:4680/ ------ M000 31/012, 180 2 3 2.5 --------------- DETACH BEFORE CASHING Amount Discount $7,226.10 130.20 Date Sep 06, 2026 Description Payment re: 613 CHEQUE NO. 4680 LEE'S Department Stores SD-8 INVOICE Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 Ship To: (Same) Invoice No. To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 289 DATE 922 Sep 07, 2026 Item Qty. Order Disc. % Amount ML45 D256 SD01 1 1 1 Back Order Description Cabinets ML45 Sink Model D256 Special Drawers Base Price $3,695.00 305.00 328.00 Price $3,695.00 305.00 328.00 Tax HS HS HS 3,695.00 305.00 328.00 Subtotal HST 13% 4,328.00 562.64 HST #R4675 2567 Reference: Sales Order 1 Shipped: Sep 07, 2026 Terms: 2%/10, Net 30 days TOTAL DUE $4,890.64 SD-9 Order Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 To: Connoisseur Gadgets Ltd. 896 Shaw Park Road Belfountain ON LON 1B3 Order NO. Ship To: Sarah's Kitchen Stores 339 Hudson Court Hamilton ON L9C 6B3 DATE Sep 07, 2026 1 Disc. % Price Tax Amount Item Qty. Order K01 10 CG01 FB02 9 Back Order Description Knives Cutting Gadgets Food Pro Blades Base Price $18.40 5.00 6.00 $18.40 5.00 6.00 HS HS HS 184.00 40.00 54.00 Subtotal HST 13% 278.00 36.14 HST #R4675 2567 TOTAL DUE Shipping Date: Sep 08, 2026 Terms: 2%/10, Net 30 days $ 314.14 SD-10 - CREDIT MEMO. Sarah's Kitchen Stores 339 Hudson Court, Hamilton ON L9C 6B3 Ship To: (Same) Invoice No. To: Chaiken's Home Depot 268 Grandview Street Kitchener ON N2B 2B9 DATE 922Rt Sep 08, 2026 Price Disc. % Back Item Qty. Order Order Description p256-1 Sink Model D256 Amount Base Price $305.00 Tax HS $305.00 -305.00 Subtotal HST 13% -305.00 -39.65 HST #R4675 2567 TOTAL CREDIT $-344.65

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