Journal entries posted

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Reference no: EM13913871

Accounts Receivable (Rayms) 8,500  
Accounts Receivable (Fischer) 7,600  
    Sales (Revenue)   16,100
     
Purchase 5,800  
    Accounts Payable(Zapfel)   3,200
    Accounts Payable(Liotta)   2,600
     
Cash 7,000  
    Accounts Receivable (Longhini)   4,500
    Accounts Receivable (Hall)   2,500
     
Accounts Payable (Joosten) 9,000  
Accounts Payable (Maida) 10,000  
    Cash   18,530
    Cash Discount Received   470
     
Sales Return 500  
    Accounts Receivable (Fischer)   500
     
Accounts Payable (Zapfel) 3,200  
Accounts Payable (Liotta) 2,600  
    Cash   5,742
    Cash Discount Received   58
     
Cash 15,600  
    Accounts Receivable (Rayms)   8,500
    Accounts Receivable (Fischer)   7,100
     
Prepaid Rent 9,600  
    Cash   9,600
     
Supplies 700  
    Cash   700
     
Retained Earnings 1,600  
    Dividends Payable   1,600
(Dividends Declared june 13)    
     
Dividends Payable 1,600  
    Cash   1,600
(Dividends Payed June 23)    
     
Cash 120,000  
    Notes Payable (4%)   120,000

Reference no: EM13913871

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