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The general ledger master data does not contain: •A) balance year-to-date •B) account name •C) vendor...
GENERAL LEDGER Account: Date Account: Date GL No: Balance Description PR DR CR GL No: Balance...
GENERAL LEDGER Account: Date Account: Date GL No: Balance Description PR DR CR GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date Description PR GL No: Balance PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance...
question 4 Able Fastners Co. has a balance in its Accounts Receivable general ledger control account of S 10,000 on January 1, 2019. The subsidiary ledger contains three vendor nts: Jones Company, bal...
question 4
Able Fastners Co. has a balance in its Accounts Receivable general ledger control account of S 10,000 on January 1, 2019. The subsidiary ledger contains three vendor nts: Jones Company, balance of s 3,000; Keller Company, balance of $ 1,000, arson Company. The combined subsidiary ledger account balances of Jones 4 Com om,Keller Company, and Larson Company at January 1, 2019 agree to the Accounts unts receivable general ledger control account balance at such date. During January 2019,...
Which file is most likely to contain control accounts? A) Inventory master file B) Customer master...
Which file is most likely to contain control accounts? A) Inventory master file B) Customer master file C) General ledger master file D) Accounts receivable master file
General Ledger (14 Points) Account: Cash 11 Account No: Post Balance Date Debit Credit Ref Credit...
General Ledger (14 Points) Account: Cash 11 Account No: Post Balance Date Debit Credit Ref Credit Debit Jan 1 Jan1 Jan1 Jan 10 Jan 12 Jan 16 Jan 28 Jan 30 15000 00 15000-00 14500,00 12 (00.00 14500.00 12.700.00 1eco.00 109 00 .00 t,00,00 10,900,00 5 00.00 2400.00 24 00.00 1800.c0 1 1000.00 1000 Account: Accounts Receivable 12 Account No: Balance Post Date Debit Credit Ref Debit Credit 15 00 00 2750.00 1750, 00 Jan 3 Jan 25 Jon 28...
The general ledger account representing the subsidiary ledger is known as a control account because: Select...
The general ledger account representing the subsidiary ledger is known as a control account because: Select one: a. Inclusion of both control accounts and subsidiary ledger accounts in the general ledger improves control b. the accuracy of the detailed accounts in the subsidiary ledger can be checked against the aggregate data and the balance contained in it c. both of the above are correct d. none of the above are correct
Post the following general journal entries to the general ledger. GENERAL JOURNAL Post Page 1 Credit...
Post the following general journal entries to the general ledger. GENERAL JOURNAL Post Page 1 Credit Date 1/1 Description Cash Debit 20,000 Jacob S., Capital 20,000 1/5 Rent expense 5,000 Cash 5,000 1/8 Supplies 3,000 Cash 3,000 ACCOUNT NAME Cash ACCOUNT NUMBER 1 Balance Credit DATE Item Post Ref Debit Credit Debit ACCOUNT NAME: Supplies ACCOUNT NUMBER: 14 Balance Credit DATE Item Post Ref Debit Credit Debit ACCOUNT NAME: Jacob S., Capital ACCOUNT NUMBER: 31 Balance Credit DATE Item Post...
(b) i) Perfect Plumbing uses the following tables in MYOB to keep their general ledger up...
(b) i) Perfect Plumbing uses the following tables in MYOB to keep their general ledger up to date. Using these tables explain how a credit sale for $10,000 to a customer (goods cost $8,000) would be recorded and other tables updated in MYOB (assume no GST You will need to provide the journal entries and how the tables would be updated. Relstionships Customer uppleSales Sales Invoice Number Customer Number Sales Order Number Date Dcription Price Lj RelationshipsV:コCustomerVr supplierV_ InventoryV■ SaleNm...
A company general ledger shows a checking account balance of $22,820 on July 31, Year 1....
A company general ledger shows a checking account balance of
$22,820 on July 31, Year 1. The July cash receipts of $1,735,
included in the general ledger balance, are placed in the night
depository at the bank on July 31 and processed by the bank on
August 1. The bank statement dated July 31 shows bank service fees
of $40. The bank processes all checks written by the company by
July 31 and lists them on the bank statement, except...
can anyone help me out here with General Ledger? Date Account Tities and Explanation Ref. Debit...
can anyone help me out here with General Ledger?
Date Account Tities and Explanation Ref. Debit 175.000 60,000 Cash Kitchen office Common equipment equipment stock bove 241, 0002 2. 10,000 Account Phyable 10,000 act 3 Pre- Paid Cash Rei - LOC 4, 400 oct s Account Recevable Sales Revenue 7,ooo 7,000 oct 5 Cost of good sold/ anvendery 5,000 5,000 at 16 Pre Paid - Cash insurance 3,600 3, boo Account - Cush Payable 10002 oct 10 no jouana) entry...
On September 1, the balance of the Accounts Receivable control account in the general ledger of...
On September 1, the balance of the Accounts Receivable control
account in the general ledger of Carla Vista Company was $11,030.
The customers’ subsidiary ledger contained account balances as
follows: Hurley $1,500, Andino $2,720, Fowler $1,960, and Sogard
$4,850. At the end of September, the various journals contained the
following information.
Sales journal:
Sales to Sogard $730, to Hurley $1,180, to Giambi $1,220, and
to Fowler $1,220.
Cash receipts journal:
Cash received from Fowler $1,270, from Sogard $2,370, from
Giambi...
GENERAL LEDGER Account: Date Account: Date GL No: Balance Description PR DR CR GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date Description PR GL No: Balance PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance...
question 4
Able Fastners Co. has a balance in its Accounts Receivable general ledger control account of S 10,000 on January 1, 2019. The subsidiary ledger contains three vendor nts: Jones Company, balance of s 3,000; Keller Company, balance of $ 1,000, arson Company. The combined subsidiary ledger account balances of Jones 4 Com om,Keller Company, and Larson Company at January 1, 2019 agree to the Accounts unts receivable general ledger control account balance at such date. During January 2019,...
Which file is most likely to contain control accounts? A) Inventory master file B) Customer master file C) General ledger master file D) Accounts receivable master file
General Ledger (14 Points) Account: Cash 11 Account No: Post Balance Date Debit Credit Ref Credit Debit Jan 1 Jan1 Jan1 Jan 10 Jan 12 Jan 16 Jan 28 Jan 30 15000 00 15000-00 14500,00 12 (00.00 14500.00 12.700.00 1eco.00 109 00 .00 t,00,00 10,900,00 5 00.00 2400.00 24 00.00 1800.c0 1 1000.00 1000 Account: Accounts Receivable 12 Account No: Balance Post Date Debit Credit Ref Debit Credit 15 00 00 2750.00 1750, 00 Jan 3 Jan 25 Jon 28...
The general ledger account representing the subsidiary ledger is known as a control account because: Select one: a. Inclusion of both control accounts and subsidiary ledger accounts in the general ledger improves control b. the accuracy of the detailed accounts in the subsidiary ledger can be checked against the aggregate data and the balance contained in it c. both of the above are correct d. none of the above are correct
Post the following general journal entries to the general ledger. GENERAL JOURNAL Post Page 1 Credit Date 1/1 Description Cash Debit 20,000 Jacob S., Capital 20,000 1/5 Rent expense 5,000 Cash 5,000 1/8 Supplies 3,000 Cash 3,000 ACCOUNT NAME Cash ACCOUNT NUMBER 1 Balance Credit DATE Item Post Ref Debit Credit Debit ACCOUNT NAME: Supplies ACCOUNT NUMBER: 14 Balance Credit DATE Item Post Ref Debit Credit Debit ACCOUNT NAME: Jacob S., Capital ACCOUNT NUMBER: 31 Balance Credit DATE Item Post...
(b) i) Perfect Plumbing uses the following tables in MYOB to keep their general ledger up to date. Using these tables explain how a credit sale for $10,000 to a customer (goods cost $8,000) would be recorded and other tables updated in MYOB (assume no GST You will need to provide the journal entries and how the tables would be updated. Relstionships Customer uppleSales Sales Invoice Number Customer Number Sales Order Number Date Dcription Price Lj RelationshipsV:コCustomerVr supplierV_ InventoryV■ SaleNm...
A company general ledger shows a checking account balance of
$22,820 on July 31, Year 1. The July cash receipts of $1,735,
included in the general ledger balance, are placed in the night
depository at the bank on July 31 and processed by the bank on
August 1. The bank statement dated July 31 shows bank service fees
of $40. The bank processes all checks written by the company by
July 31 and lists them on the bank statement, except...
can anyone help me out here with General Ledger?
Date Account Tities and Explanation Ref. Debit 175.000 60,000 Cash Kitchen office Common equipment equipment stock bove 241, 0002 2. 10,000 Account Phyable 10,000 act 3 Pre- Paid Cash Rei - LOC 4, 400 oct s Account Recevable Sales Revenue 7,ooo 7,000 oct 5 Cost of good sold/ anvendery 5,000 5,000 at 16 Pre Paid - Cash insurance 3,600 3, boo Account - Cush Payable 10002 oct 10 no jouana) entry...
On September 1, the balance of the Accounts Receivable control
account in the general ledger of Carla Vista Company was $11,030.
The customers’ subsidiary ledger contained account balances as
follows: Hurley $1,500, Andino $2,720, Fowler $1,960, and Sogard
$4,850. At the end of September, the various journals contained the
following information.
Sales journal:
Sales to Sogard $730, to Hurley $1,180, to Giambi $1,220, and
to Fowler $1,220.
Cash receipts journal:
Cash received from Fowler $1,270, from Sogard $2,370, from
Giambi...
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