(Solved) Using the information in the following unidentified journals, state how the selected numbers would ...

Using the information in the following unidentified journals, state how the selected numbers would be posted using the selections below.

1) Posted to a general ledger account as a debit
2) Posted to a general ledger account as a credit
3) Posted to a subsidiary ledger account as a debit
4) Posted to a subsidiary ledger account as a credit
5) Posted to the general ledger as a debit and a credit
6) Not posted

Date   Account Debited   Acc. Rec. Dr.
Sales Rev. Cr.   Cost of Goods Sold Dr.
Inventory Cr.
Feb. 9   Jones Company     3,540     2,300
10   Sails and Boats     10,900   b) 5,550
26   Davis Enterprises   c) 7,000   g) 3,250
28   Totals   a) 21,440     11,100

   |   Debits   |   Credits   |
Date
   Cash
   Sales
Dis.   Acc.
Rec.   Sales
Rev.   Other Acct.
   Amount
   CGS Dr.
Inv. Cr.
Sept. 8   3,000         3,000         1,750
10   2,500            Ross, Capital   2,500
13   50            Int. Revenue   50
15   582   18   600      Jane Gibson
30   e)6,132   d) 18   600   3,000   Totals   f) 2,550   h) 1,750

a)   21,440   ________
b)    5,550   ________
c)    7,000   ________
d)    18   ________
e)    6,132   ________
f)    2,550   ________
g)    3,250   ________
h)    1,750   ________

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Using the information in the following unidentified journals, state how the selected numbers would ...

Accounting, Volume 1, Canadian Edition

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