70.2K

Verified Solution

Link Copied!

June 24: Record a purchases return and allowance Petunia Patch discovered that $240.00 of the merchandise purchased on June 18 from Potted Begonias was damaged in shipment. Potted Petunias agreed to accept the return of the damaged merchandise and faxed a debit memorandum to Petunia Patch. Vendor Invoice Number: P6051. Debit Memorandum Number: DM601. Vendor Account Number: 20133. June 24: Record a bank credit card sale Leland Bryant, owner of Chuck's BBQ, used a bank credit card to purchase merchandise for $370.22, which includes 7% sales tax. Sales Invoice Number: PP578. June 26: Record an expense Petunia Patch issued a check for $134.00 to its telephone and Internet service provider, Hughes.com. Check Number: 35013. Invoice Number: 58006. June 26: Record an expense Petunia Patch issued a check to Laptop Town Power and Light for its utility bill of $627.50. Check Number: 35014. Invoice Number: A1597. June 26: Record an expense Petunia Patch issued a check for $325.00 to the Laptop Gazette for a weekend advertisement in their paper. Check Number 35015. Invoice Number: AS299. June 27: Record the payment of wages and salaries expense Petunia Patch wrote a $875.20 check for wages and salaries for the period of June 16 to June 27. Check Number: 35016. Invoice Number: PAYRL. June 30: Record the replenishment of the petty cash fund The following documentation was gathered from the petty cash box: The Petty Cash (102) fund was established for $50.00 and deposited in the petty cash box. Petty Cash Slip PC454 PC455 Amount $14.60 $26.40 Purpose Store Supplies Office Supplies There is $7.50 in the petty cash box. Check Number: 35017. Invoice Number PCJO7. Data Entry Journal/Ledgers/Statements Check Figures Evaluations Administration Help Support Logout Verify Journal Daily JE Adjusting JE Close Je Clear Screen Date Account Numbers and Titles Debit Credit June Verify Documents Post Entry Check Number Invoice Number Customer or Vendor Credit Memo Number Debit Memo Number

Answer & Explanation Solved by verified expert

See Answer