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  • General Journal: Date Description PR Debit

    Transféré par

    BenjaminJrMoronia
    5 vues4 pages
    This general journal document records various transactions from April 10 to April 30, including an initial investment of $1,000,000 from Mr. Cruz, purchases and sales of merchandise inventory using both cash and accounts payable/receivable, purchases of land, machinery, a computer and furniture using cash, and sales revenue from goods sold for cash and credit totaling $1,259,000 in debits and credits.

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    excel file

    Titre original

    Seatwork Jan 10

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    This general journal document records various transactions from April 10 to April 30, including an initial investment of $1,000,000 from Mr. Cruz, purchases and sales of merchandise inventory using both cash and accounts payable/receivable, purchases of land, machinery, a computer and furniture using cash, and sales revenue from goods sold for cash and credit totaling $1,259,000 in debits and credits.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme XLSX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    5 vues4 pages

    General Journal: Date Description PR Debit

    Transféré par

    BenjaminJrMoronia
    This general journal document records various transactions from April 10 to April 30, including an initial investment of $1,000,000 from Mr. Cruz, purchases and sales of merchandise inventory using both cash and accounts payable/receivable, purchases of land, machinery, a computer and furniture using cash, and sales revenue from goods sold for cash and credit totaling $1,259,000 in debits and credits.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme XLSX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 4

    General Journal

    Date Description PR Debit


    2016
    April 10 Cash 1,000,000.00
    Mr. Cruz, Capital
    Initial investment of Mr. Cruz

    11 Merchandise Inventory 20,000.00


    Accounts Payable
    Purchased goods on account

    13 Merchandise Inventory 15,000.00


    Cash
    Purchased goods, paid cash

    14 Merchandise Inventory 9,000.00


    Cash
    Purchased goods, paid cash

    16 Merchandise Inventory 12,000.00


    Accounts Payable
    Purchased goods on account

    17 Cash 15,000.00
    Sales Revenue
    Sold goods in cash

    19 Cash 20,000.00
    Sales revenue
    Sold goods in cash

    20 Cash 6,000.00
    Sales Revenue
    Sold goods in cash

    21 Accounts Receivable 17,000.00


    Sales Revenue
    Sold goods on credit

    22 Land 50,000.00
    Cash
    Purchased land in cash

    27 Machinery 45,000.00
    Cash
    Purchased machinery in cash

    28 Computer 25,000.00
    Cash
    Bought computer, cash

    28 Cash 15,000.00
    Sales Revenue
    Sold goods in cash

    30 Furniture 10,000.00
    Cash
    Purchased furniture in cash

    TOTAL 1,259,000.00
    Credit

    1,000,000.00

    20,000.00

    15,000.00

    9,000.00

    12,000.00

    15,000.00

    20,000.00

    6,000.00

    17,000.00

    50,000.00

    45,000.00
    25,000.00

    15,000.00

    10,000.00

    1,259,000.00

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