Question

In the textbook Using Sage 50 Accounting 2018, please answer in Chapter 3, the questions on Binh's Bins. Thank you. There are 28 journals. I need help with the last 10 journals.

Sales Invoice #BB-366 Dated June 20, 2020 19 To Ontime Contracting, $10 100 plus $505 GST charged for subcontracting fees for dumpster rentals and dumping charges. Sales invoice total $10 605. Terms: net 30 days. Receipt #122 #BB-363 Dated June 21, 2020 Fromwatershed Insurance, cheque #34497 for S6 720 in payment of invoice u 20 SESSION DATE -JUNE 28, 2020 Sales Invoice #BB-367 Dated June 24, 2020 21 To Watershed Insurance, $2 400 plus $120 GST charged for dumpster rentals for post-flood renovation contracts. Sales invoice total $2 520. Terms: net 30 days. Purchase Invoice #BP-2194 Dated June 25, 2020 From Beaver Ponds Paving, $4 040 plus $202 GST paid for resurfacing parking area to repair damage caused by equipment. Purchase invoice total $4 242. Terms: net 10 days. Create new Group account 2240 A/P - Beaver Ponds Paving Cash Purchase Invoice #RDP-822 22 Dated June 25, 2020 From Red Deer Promotions, $900 plus $45 GST paid for Web site redesigns. Purchase invoice total $945. Terms: cash on receipt. Invoice paid in full with Cheque #493. 25 Cheque #494 Dated June 28, 2020 24 To Camp Liawannas, $2 290 for summer camp fees for daughter. Use Drawings account. SESSION DATE JUNE 30, 2020 Memo #3 Dated June 30, 2020 25 From Owner: enter adjustments for prepaid insurance and rent expired: Insurance for one month: $1 000 Rent for one month: $1 800 Sunnybrook Estates 792 Molly Bannister Dive Red Deer, AR T4T 3T3 26 No: 2243 Date Pay to the order of Bin s5.040.00 -F Pive thousand and forty dollars 100 Dollars Royal Baalk Red Deer 393214-02243 Signature Re: Receipt #123 Ref: Invoice #BB-365, No: 2243 5,040.00 on full payment of account. $5,040.00 June 30, 2020

The author is M Purbhoo.

Thank you. Greatly appreciated.

Please provide the debit and credit entries, of number 19 to 28.

Thank you again.

Answer 1

Answer is

Date	Sales invoice no	Purchase invoice no	Particulars	Dr	Cr
20-Jun-20			Ontime contracting	10605
	BB-366		Sales		10100
			GST Payable		505
			(Being sale of goods on credit of 30 days)
21-Jun-20			Bank	6720
	BB-363		Watersheld insrance		6720
			( Being advance payment recived from Watersheld insurance)
24-Jun-20	BB-367		Watersheld advance sales	2520
			Sales		2400
			GST payable		120
			( Being sales made)
25-Jun-20		BP-2194	Repair expense	4040
			GST input	202
			2240 A-P Beaver Ponds paving		4242
			( Being repairs done)
28-Jun-20			Drawings account	2290
			Bank		2290
			(Being school fees paid on behalf of owner
30-Jun-20			Insurance	1000
			Rent	1800
			Prepaid insurance		1000
			Prepaid rent		1800
			( Being insurance and rent exp for the month accounted)
30-Jun-20	BB-365		Cheque in hand	5040
			Sunnybroke estates		5040
			(Being payment received against Credit sales)
30-Jun-20			Wages	10500
			Bank		10500
			(Being wages paid for 3 employees for june 20)
30-Jun-20			Western data	40
			Bank		40
			(Being cheque of 882 was wrongly recorded 842, now rectified)