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Requirements 1. Prepare headings for a sales journal Journalize the transactions that should be recorded in the sales journal Assume the company uses the perpetual inventory system 2. Total each column of the sales journal

Review the following transactions Click the icon to ww the transactions) Requirements 1 Prepare headings for a sales journal Joumalize the transactions that should be recorded in the sales journal Assume the company uses the perpetual invento system 2. Total each column of the sales journal Requirements 1 & 2. Prepare headings for a sales journal Journalize the transactions that should be recorded in the sales journal (Round the sales discount to a whole dollar Assume the company uses the perpetual inventory system Total each column of the sales journal of a box is not used in the journal leave the box empty, do not select information and do not enter a coro Abbreviation used inv=Invoice) Sales Journal Post Ref. - X More info Feb. 1 Sold merchandise inventory on account terms 1/30 to Cure Co., S1075. Cost of goods, $880 Invoice no 401 Feb. 6 Sold merchandise inventory for cash 5960 (cost $690) Feb. 12 Collected interest revenue of $150 Feb. 16 Received cash from Cure Co. in full settlement of its account receivable Feb. 20 Sold merchandise inventory on account forms 1/30 to Dabble Co issuing invoice no 402 for $700 (cost $525) Feb. 22 Sold merchandise inventory for cash. 5630 (cost $480) Feb. 26 Sold office supplies to an employee for cash of $170 Feb 28 Received $700 from Dabble Co in full settlement of its account receivable Clear all Check answer Review the following transactions k the icon to view the transactions) Requirements 1 Prepare headings for a canh receipts journal Journalize the transactions that should be recorded in the cash receipts jouma Totalcach column of the cash receipts journal Requirements 1 & 2. Prepare headings for a cash receipts journal Journalize the transactions that should be recorded in the cash recepts journal Tohl each column of the cash receipts journal if a box is not used in the journal leave the box emply do not select information and do not enter a zero Abbreviations used Dec Discount Acct Accounts, Payable Rec-Receivable. Rev Revenue oth Other Coos Cost of Goods Sold, Met Merchandise Invinventory, and Ss Dsc. Fort Sales Discounts Forted) Cash Receipts Journal Page 1 PR - X More info Feb. 1 Sold merchandise inventory on account, terms 1/30 to Crisp Co 51.225. Cost of goods $880 Invoice no 401 Feb. 6 Sold merchandise inventory for cash, S1010 (cost $600) Feb. 12 Collected interest revenue of 5120 Feb. 15 Received cash from Crisp Co in full settlement of its account receivable Feb. 20 Sold merchandise inventory on account, torms 1/30, to Dump Co issuing invoice no 402 for 5000 (cost $425) Feb. 22 Sold merchandise inventory for cash, 5570 (cost $510) Feb. 26 Sold office supplies to an employee for cash of $60 Feb. 28 Received $800 from Dump Co. in full settlement of its account receivable Clear all Check answer Row the following transactions Click the icon to view the transactions.) Requirements 1. Prepare headings for a purchases journal Journalize the transactions that she be recorded in the purchases journal. The company uses the perpetual riven system 2. Total each column of the purchases journal Requirements 1 and 2. Prepare headings for a purchases journal Journalize the transactions that should be recorded in the purchases journal. The company uses the perpetum inventory system Total each column of the purchases journal of a box is not used in the journal leave the box emply do not select information and do not enter azuro Abbrevia used Arct Pay Accounts Payable Acct Rec Accounts Receivable Cut Customer Of Supp = Office Supplies) Purchases Journal Page Post Post Ref Ret - X More info Apr. 2 Purchased merchandise inventory on credit terms of 3/10, 1/60 from Valdez Co $2,300 Apr. 5 Issued check no B20 to purchase equipment for cash, 3,400 Apr. 11 Purchased merchandise inventory for cash, 5350 issuing check no 821 Apr. 12 issued check no 822 to pay Valdez Co not amount owed from Apr 2 Apr. 19 Purchased office supplies on account from Draper Supplies 5550 Torms were nEOM Apr. 24 Purchased merchandise inventory on credit forms of net 30 from Westchester Sales, 51,300 Apr. 28 Issued check no 823 to pay for insurance coverage, debiting Prepaid Insurance for $1.000 Apr. 29 issued check no 824 to pay rent for the month $1,200 Clear all Check answer Review the following transactions Click the icon to view the transactions Requirements 1. Prepare headings for a cash payments journal Journal the transactions that should be recorded in the cash payments jumal 2 Total each column of the cash payments journal Requirements 1 and 2. Prepare headings for a cash payments journal Journalize the transactions that should be recorded in the cash payments journal Totalcach column of the cash payments journal (f a box is not used in the journal leave the box empty, do not select information and do not enter a zero. Abbreviations used ck Chickinvinvoice No Number oth = Other Acct Accounts Disc Discount PayPayable, Rec Receivable. Mer = Merchandise, Inv=Inventory) Cath Payments Journal Page PR More info Apr. 2 Purchased merchandise inventory on credit terms of 3/10, 100 from Vicky Co $2,200 Apr. 5 Issued chock no 820 to purchase equipment for cash, $3.000 Apr. 11 Purchased merchandise inventory for cash, $350, issuing check no 021 Apr. 12 Issued check no 822 to pay Vicky Co not amount owed from Apr. 2 Apr. 19 Purchased office supplies on account from Doms Supplies 5250 Terms were DEOM Apr. 24 Purchased merchandise inventory on credit forms of niet 30 from Wobur Sales 51 300 Apr 28 issued check no 230 pay for insurance coverage, dobiting Prepaid Insurance for $1.000 Apr. 29 issued check no 824 to pay rent for the month $1,650 Clear all Check answer Review the following transactions Click the icon to ww the transactions) Requirements 1 Prepare headings for a sales journal Joumalize the transactions that should be recorded in the sales journal Assume the company uses the perpetual invento system 2. Total each column of the sales journal Requirements 1 & 2. Prepare headings for a sales journal Journalize the transactions that should be recorded in the sales journal (Round the sales discount to a whole dollar Assume the company uses the perpetual inventory system Total each column of the sales journal of a box is not used in the journal leave the box empty, do not select information and do not enter a coro Abbreviation used inv=Invoice) Sales Journal Post Ref. - X More info Feb. 1 Sold merchandise inventory on account terms 1/30 to Cure Co., S1075. Cost of goods, $880 Invoice no 401 Feb. 6 Sold merchandise inventory for cash 5960 (cost $690) Feb. 12 Collected interest revenue of $150 Feb. 16 Received cash from Cure Co. in full settlement of its account receivable Feb. 20 Sold merchandise inventory on account forms 1/30 to Dabble Co issuing invoice no 402 for $700 (cost $525) Feb. 22 Sold merchandise inventory for cash. 5630 (cost $480) Feb. 26 Sold office supplies to an employee for cash of $170 Feb 28 Received $700 from Dabble Co in full settlement of its account receivable Clear all Check answer Review the following transactions k the icon to view the transactions) Requirements 1 Prepare headings for a canh receipts journal Journalize the transactions that should be recorded in the cash receipts jouma Totalcach column of the cash receipts journal Requirements 1 & 2. Prepare headings for a cash receipts journal Journalize the transactions that should be recorded in the cash recepts journal Tohl each column of the cash receipts journal if a box is not used in the journal leave the box emply do not select information and do not enter a zero Abbreviations used Dec Discount Acct Accounts, Payable Rec-Receivable. Rev Revenue oth Other Coos Cost of Goods Sold, Met Merchandise Invinventory, and Ss Dsc. Fort Sales Discounts Forted) Cash Receipts Journal Page 1 PR - X More info Feb. 1 Sold merchandise inventory on account, terms 1/30 to Crisp Co 51.225. Cost of goods $880 Invoice no 401 Feb. 6 Sold merchandise inventory for cash, S1010 (cost $600) Feb. 12 Collected interest revenue of 5120 Feb. 15 Received cash from Crisp Co in full settlement of its account receivable Feb. 20 Sold merchandise inventory on account, torms 1/30, to Dump Co issuing invoice no 402 for 5000 (cost $425) Feb. 22 Sold merchandise inventory for cash, 5570 (cost $510) Feb. 26 Sold office supplies to an employee for cash of $60 Feb. 28 Received $800 from Dump Co. in full settlement of its account receivable Clear all Check answer Row the following transactions Click the icon to view the transactions.) Requirements 1. Prepare headings for a purchases journal Journalize the transactions that she be recorded in the purchases journal. The company uses the perpetual riven system 2. Total each column of the purchases journal Requirements 1 and 2. Prepare headings for a purchases journal Journalize the transactions that should be recorded in the purchases journal. The company uses the perpetum inventory system Total each column of the purchases journal of a box is not used in the journal leave the box emply do not select information and do not enter azuro Abbrevia used Arct Pay Accounts Payable Acct Rec Accounts Receivable Cut Customer Of Supp = Office Supplies) Purchases Journal Page Post Post Ref Ret - X More info Apr. 2 Purchased merchandise inventory on credit terms of 3/10, 1/60 from Valdez Co $2,300 Apr. 5 Issued check no B20 to purchase equipment for cash, 3,400 Apr. 11 Purchased merchandise inventory for cash, 5350 issuing check no 821 Apr. 12 issued check no 822 to pay Valdez Co not amount owed from Apr 2 Apr. 19 Purchased office supplies on account from Draper Supplies 5550 Torms were nEOM Apr. 24 Purchased merchandise inventory on credit forms of net 30 from Westchester Sales, 51,300 Apr. 28 Issued check no 823 to pay for insurance coverage, debiting Prepaid Insurance for $1.000 Apr. 29 issued check no 824 to pay rent for the month $1,200 Clear all Check answer Review the following transactions Click the icon to view the transactions Requirements 1. Prepare headings for a cash payments journal Journal the transactions that should be recorded in the cash payments jumal 2 Total each column of the cash payments journal Requirements 1 and 2. Prepare headings for a cash payments journal Journalize the transactions that should be recorded in the cash payments journal Totalcach column of the cash payments journal (f a box is not used in the journal leave the box empty, do not select information and do not enter a zero. Abbreviations used ck Chickinvinvoice No Number oth = Other Acct Accounts Disc Discount PayPayable, Rec Receivable. Mer = Merchandise, Inv=Inventory) Cath Payments Journal Page PR More info Apr. 2 Purchased merchandise inventory on credit terms of 3/10, 100 from Vicky Co $2,200 Apr. 5 Issued chock no 820 to purchase equipment for cash, $3.000 Apr. 11 Purchased merchandise inventory for cash, $350, issuing check no 021 Apr. 12 Issued check no 822 to pay Vicky Co not amount owed from Apr. 2 Apr. 19 Purchased office supplies on account from Doms Supplies 5250 Terms were DEOM Apr. 24 Purchased merchandise inventory on credit forms of niet 30 from Wobur Sales 51 300 Apr 28 issued check no 230 pay for insurance coverage, dobiting Prepaid Insurance for $1.000 Apr. 29 issued check no 824 to pay rent for the month $1,650 Clear all Check

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