The posting references in the following revenue journal are indicated by letters. Identify each posting reference [la) through (h)) as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting is required. REVENUE JOURNAL Page 25 Post Acct. Rec. Dr. Date Invoice No. Account Debited Ref. Eees Earmed Cr. Apr. 3 190 Hill Company (a) 4,750 191 North Supply (b) 5,025 13 192 Macon Inc. (c) 2.100 17 193 White Products (d) 6,000 25 194 Easton Supply (e) 2,250 30 195 Karson Enterprises 23 875 h)

The posting references in the following revenue journal are indicated by letters. Identify each posting reference [la) through (h)) as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting is required. REVENUE JOURNAL Page 25 Post Acct. Rec. Dr. Date Invoice No. Account Debited Ref. Eees Earmed Cr. Apr. 3 190 Hill Company (a) 4,750 191 North Supply (b) 5,025 13 192 Macon Inc. (c) 2.100 17 193 White Products (d) 6,000 25 194 Easton Supply (e) 2,250 30 195 Karson Enterprises 23 875 h)

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter22: Master Budget (master)

Section: Chapter Questions

Problem 2R: Open the file MASTER from the website for this book at cengagebrain.com. Enter all the formulas...

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Open the file MASTER from the website for this book at cengagebrain.com. Enter all the formulas where indicated on the worksheet. Check to be sure that your balance sheet balances. Enter your name in cell A1. Save the completed file as MASTER2. Print the worksheet when done. Also print your formulas using fit-to-1 page scaling. Check figures: Borrowing (cell B78), $7,280; forecasted net income (cell D95), $40,200; total assets (cell D105), $507,600.
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