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3. Prepare and unadjusted trial balance. 4. At the end of July, the following adjustment data were assembled. Analyze and use these data to complete (5) and (6). a) Merchandise inventory on July b) Insurance. Instructions 1. Enter the balances of each of the accounts in the appropriate balance column of a four-column account. Write Balance in the item section, and place a check mark (?) in the posting reference. The cost of the merchandise sold was 25000. 21, for the convenience of the customer, paid freight on sale of July 20, 1100. 21, received 17600 cash from Owen co. on account, no discount. Like 53

21, purchased merchandise on account from Munson Co., terms 1/10, n/30, FOB Destination, 32000. 24, Returned 5000 of damaged merchandise purchased on July21, receiving credit from the seller. 26, Refunded cash on sales made for.

Journalize the transactions for July. 2. Post the journal to the general ledger, extending the month-end balances to the appropriate balance columns after all posting is completed. In this problem, you are no required to. 3, Purchased merchandise on account from Lingard Co., Terms 2/10,n/30,FOB shipping point, 25,000. 4, Paid freight on purchase of July 3, 1000. 6, Sold merchandise on account to Holt Co., terms 2/10,n/30, FOB shipping point. 7. Prepare an adjusted trial balance 8. Prepare an income statement, a retained earnings statement, and a balance sheet. 9. Prepare and post the closing entries. Record the closing entries on page 23 of the. The cost of the merchandise returned was 7200. 28, paid sales salaries of 22800 and office salaries of 15200. 29, purchased store supplies for cash, 2400. 30, Sold merchandise on account to Dix co., terms. 19, purchased merchandise for cash, 22000. 19, Paid 23,100 to Corino Co. on account, no discount Record the following transactions on page 21 of the journal 20, sold merchandise on account to Reedley Co., terms. Show less). Instructions 1. Enter the balances of each of the accounts in the appropriate balance column of a four-column account. Write Balance in the item section, and place a check mark (?) in the posting reference. Indicate closed accounts by inserting a line in both the Balance columns opposite the closing entry. Insert the new balance in the retained earnings account. 10. Prepare a post-closing trial balance. Enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work Sheet and complete the spreadsheet. 6. Journalize and post the adjusting entries. Record the adjusting entries on page 22 of the journal. The cost of the merchandise sold was 25000. 21, for the convenience of the customer, paid freight on sale of July 20, 1100. 21, received 17600 cash from Owen co. on account, no discount. She was subjected to many invasive treatments and psychiatric abuse, including lock up, solitary confinement, insulin coma, several dozens of shock treatment, repeated and forced institutionalisations, and many disabling anti-psychotic medications, on a trial and. Common GMAT Mistakes Search All Jobs. The following is a list of Active Eligible Lists. They are the original eligible lists as established by the Personnel Officer. You will not see canvass/certification. For example, the parties involved may use specialized and legal terminology, formal and informal registers, dialect and jargon, varieties in language and nuances of meaning. Fees for Court Interpreters Certified and Professionally Qualified Interpreters. 13, Paid for merchandise purchased on July 3, less discount. 14, Received merchandise returned on sale of July 6, 7000. The cost of the merchandise returned was 4500. 15, Paid advertising expense for last half.

Store Supplies Expense - 529 Miscellaneous Selling Expense 12,600 530 Office Salaries Expense 182,100 531 Rent Expense 83,700 532 Insurance Expense - 539 Miscellaneous Administrative Expense 7,800 During July, the last month of the fiscal.

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