Catherine's cookies has a beginning balance in the accounts payable  total account of $8,200. In the cash disbursements journal, the accounts payable column has total debits of $6,800 for november. The accounts payable credit column in the purchases journal reveals a total of $10,500 for the current . Based on this information what is the ending balance in the accounts payable account in the general ledger?

Q: Sheridan Company uses both special journals and a general journal as described in this chapter. On…

A: Account receivable is the balance of money due to a firm for goods used by the customer but not paid…

Q: You are to enter the following items in the books of K-Mart Limited. July 1 Balance brought forward…

A: In the context of the given question, we need to enter those items in the books of K-Mart Ltd. So,…

Q: Record the following transactions in the cash receipts journal. Jun. 12 Your company received…

A: The cash receipt journal is one of the accounting records where only cash receipts are recorded. It…

Q: The end-of-the month balance in Igado’s cash disbursement journal “Sundry Account” column is…

A: Cash Payment Journal: It is a special Journal  where all  cash payments are recorded and  it is used…

Q: On June 12, Music, Incorporated sells $4,000 of goods on account to a credit customer with credit…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Ellie Harrod, owner of Harrod’s Dry Cleaners, makes bank deposits in the night depository at the…

A: Cash is asset account. Since the cash collected from sales revenue is recorded, the asset value…

Q: Apple Corporation has operated a branch in Cavite for one year. Shipments are billed to the branch…

A:

Q: Following is information from Fredrickson Company for its first month of business. 1. Identify the…

A: Ledger: It refers to the book maintained by the business that is used to store the entries of the…

Q: Enter the following in the three-column cash book of an office supply shop. Balance off the cash…

A: A cash book refers to a journal prepared to record the cash disbursements and cash receipts in the…

Q: Sheridan Company uses both special journals and a general journal as described in this chapter. On…

A: Accounts receivable: It is the balance amount due to a company for selling goods or services to the…

Q: Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: at the end of the day, the cash register's record shows $1,272, but the count of cash in the cash…

A: The cash short and over records the difference in amount of cash register and cash count. It can…

Q: On March 4, Micro Sales makes $3,900 in sales on bank credit cards that charge a 2% service charge…

A: Gross sales are for $3,900 but 2% less cash will be received after levying the service charge on…

Q: Post transactions to ledger by using the standard form Prepare a trial balance at April 30, 2019

A: 1. Post transactions to ledger accounts as shown below:

Q: Presented below is information related to Ivanhoe Company for its first month of operations. Credit…

A: Formula: Balance in Accounts receivable = credit sales - cash collected Deduction of cash collected…

Q: Spencer Co. has a $390 petty cash fund. At the end of the fırst month the accumulated receipts…

A: Journal entry: Journal is the day book in which daily transactions are recorded in the chronological…

Q: On March 29, Jangles Corporation received a $21,800 invoice dated March 26. Cash discount terms were…

A: 4/10 Term says that if the due amount is paid within 10 days then. they can avail 4 % discount.

Q: The Crying Fish has a change fund of $300. Cash sales on August 10 per the cash register are $1,125.…

A: Change fund is a set of money used by the department to make change to the customers, who purchase…

Q: On March 4, Micro Sales makes $10,500 in sales on bank credit cards that charge a 2% service charge…

A: Introduction: Journal: Recording of a business transactions in a chronological order. First step in…

Q: Assume that the Petty Cashier of a $700 petty cash fund has $40 in cash plus $660 in receipts at the…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: A company's Cash account shows a balance of $3,410 at the end of the month. Comparing the company's…

A: Bank reconciliation statement is used to determine the differences between the bank statement…

Q: The December cash records of Kirk’s Hardware follow: Cash Receipts   Cash Payments Date Cash…

A: Bank Reconciliation is a process which is used to adjust the balances of cash book and pass book in…

Q: On March 4, Micro Sales makes $6,500 in sales on bank credit cards that charge a 2% service charge…

A: Date Account title and explanation Debit$ Credit$ 04-Mar Cash 6370     Credit…

Q: Apple Corporation has operated a branch in Cavite for one year. Shipments are billed to the branch…

A: SOLUTION NET PROFIT = TOTAL REVENUE - TOTAL COST .

Q: On September 30, after all monthly postings had been completed, the Accounts Receivable control…

A: Beginning Balance of Accounts Receivable = $ 245,000 Beginning Balance of Accounts Payable = $…

Q: The activity in the credit card account of Mara for one billing period shows the following…

A: Activity of credit card account of Mara for one billing period are as : 1. Nov 18 purchase = P4500…

Q: Catherine’s Cookies has a beginning balance in the Accounts Payable control total account of $8,200.…

A: Accounts Payable: Accounts Payable is an account found in the balance sheet of the organization that…

Q: The following data are obtained from the single-entry records kept by Jefford Merchandising for…

A: The sales amount includes the credit sales and the cash sales. The cost of goods sold is deducted…

Q: Main Corporation has operated a branch in Cavite for one year. Shipments are billed to the branch at…

A:

Q: Record the following transactions in the cash receipts journal. Jun. 12 Your company received…

A: This journal is used for the treatment of receipts only.

Q: During the month a company paid $27 for office supplies and $13 for miscellaneous expenses from the…

A: Fund used=Office supplies+Miscellaneous=$27+$13=$40

Q: The December cash records of Kirk’s Hardware follow: Cash Receipts   Cash Payments Date Cash…

A: Adjusted entries:

Q: The following information has been presented to you for 2018 by Wonder Projects Limited:…

A: Cash Budget is the important budget in business which helps in estimating cash to be received, cash…

Q: Catherine’s Cookies has a beginning balance in the Accounts Payable control total account of $8,200.…

A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts…

A: Journal is defined as the account which is a detailed account that records or post all the financial…

Q: On March 4, Micro Sales makes $4,850 in sales on bank credit cards that charge a 2.5% service…

A: The financial transactions are recorded in the journal entry then it is posted to the ledgers.

Q: Raj Department store has one cash register. On a recent day, the cash register tape reported sales…

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…

Q: Jasper Company had a beginning Accounts Receivable balance of $230,000. During the month, total…

A: Normal balance of accounts receivable is debit.

Q: The December cash records of Kirk’s Hardware follow: Cash Receipts   Cash Payments Date Cash…

A: Bank Reconciliation Statement

Q: The December cash records of Kirk’s Hardware follow: Cash Receipts   Cash Payments Date Cash…

A: In cash book balance and pass book balance doesn't match then the adjusted cash book is prepared on…

Q: Cash Receipts   Cash Payments Date Cash Debit   Cheque # Cash Credit 4-Dec  $       4,170…

A: Solution1-                                                    Bank Reconciliation Dec 31 2020…

Q: Following is information from Fredrickson Company for its first month of business. Credit Sales Jan.…

A: Introduction: Journal entries are the fundamental building blocks that would provide answers to…

Q: 9 Borrowed $5,500 by giving a note to the bank.     13 The owner, Dale Trent, invested an additional…

A: A cash receipts journal is a type of accounting journal that is used in an accounting system to…

Q: Presented below is information related to Sunland Company for its first month of operations. Credit…

A: Accounts receivable balance = Credit sale - cash collection Austin co. = 11100 - 7700 = $3400 Diaz…

Q: Following is information from Jesper Company for its initial month of business Credit Purchases…

A:

Q: Post the entries in the general journal below to the Accounts Receivable account in the general…

A: Accounts Receivable (AR) seem to be the proceeds or payments received by the firm from consumers…

Q: Journalize any required entries from the above records for Kirk’s Hardware. Prepare the company’s…

A: Particulars Debit Credit Cash (Dr)  $     300               To Rent receipt                $…

Q: The actual cash received during the week ended June 7 for cash sales was $19,001, and the amount…

A: The difference between Actual cash present and cash per book goes to the Cash Short and Over…

Q: The December cash records of Kirk’s Hardware follow: Cash Receipts   Cash Payments Date Cash…

A: Part 1: