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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Cash Receipt Journals

Transcribed Image Text:TRANSACTIONS FOR THE PERIOD
DATE
|MONTH
June
AMOUNT ($)
$
200
$
350
$
33,600
$
$
$
$
30,000
36,000
65
4,200
25,000
85
1,000
320
$
$
1,000
$
1,400
$
85
150
285
1,000
16,500
2,500
PARTICULARS
1 Drew cheque no. 119 to establish Petty Cash Advance
1 Paid insurance on equipment by cheque no. 120
2 Purchased 120 of Conventional at $280 each from Air King. Invoice no. 60110
5 Received payment from customer, Orange Ltd, for $30000. Receipt No.602
8 Sold 80 Conventional at $450 each to Berry Ltd on credit
9 Paid for cardboard boxes from petty cash. Voucher No. 2
10 Sold 6 Refrigerator at $700 each to Cherry Ltd for cash. Receipt No. 603
11 Paid the outstanding debt in full to Air King. Cheque No. 121
13 Paid $85 for advertising brochures from petty cash. Voucher No. 3
15 Paid wages expense. Cheque No. 122
18 Paid electricity expense. Cheque No. 123
20 Drawing by owner of $1000. Cheque No. 124
21 Returned 5 defective Refrigerators purchased on 2 June 2014 to Air King
23 Paid $85 for air conditioning gas. Cheque No. 125
26 Reimbursed petty cash. Cheque No. 126
27 Paid telephone expense. Cheque No. 127
$
28 Paid wages expense. Cheque No. 128
29 Received full payment from customer, Apple Ltd. 2% discount for early payment ap $
29 Paid rent in advance for July 2021. Cheque No. 129
$
$
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