Question

Record the following transactions for the month of April 2019 in the cash payments journal. Total, prove, and rule the cash payments journal as of April 30. the a April 1 Issued Check 102 for $800 to pay the monthly rent. 4 Issued Check 103 for $125 to establish a petty cash fund. 5 Issued Check 104 for $350 to remit sales tax to the state tax commission. 8 Issued Check 105 for $594 to Fortune Company, creditor, in payment of Invoice 784 of March 29 ($600) less a cash discount ($6). 12 Issued Check 106 for $150 to make a cash purchase of supplies. 15 Issued Check 107 for $95 to pay the monthly telephone bill. 20 Issued Check 108 for $918 to the Craft Corporation in payment of a $900 promissory note and interest of $18. 22 Issued Check 109 for $196 to the Ewing Corporation, a creditor, in payment of Invoice 513 of March 20 ($200) less a cash discount ($4). 25 Issued Check 110 for $2,000 to Martin Sachs, the owner, as a withdrawal for personal use. 30 Issued Check 111 for $90 to replenish the petty cash fund. An analysis of payments from the fund showed the following totals: Supplies, $25; Delivery Expense, $45; Miscellaneous Expense, $20. CASH PAYMENTS JOURNAL Other Accounts Debit Accounts Payable Debit Account Name Amount Date CK. No. Description Purchases Discount Credit Cash Credit April 1, 2019 April 4, 2019 April 5, 2019 April 8, 2019 April 12, 2019 April 15, 2019 April 20, 2019 April 22, 2019 April 25, 2019 April 30, 2019 April 30, 2019 Totals

Answer 1

CASH PAYMENTS JOURNAL
				Other Accounts Debit
Date	CK. No.	Description	Accounts Payable Debit	Account Name	Amount	Purchase Discount Credit	Cash Credit
Apr. 1, 2019	102	Monthly Rent Payment		Rent Expense	$800		$800
Apr. 4, 2019	103	Petty Cash Fund		Petty Cash	$125		$125
Apr. 5, 2019	104	Remittenace of Sales Tax		Sales Tax Payable	$350		$350
Apr. 8, 2019	105	Payment of Accounts Payable - Fortune Company	$$600			$6	$594
Apr. 12, 2019	106	Cash Purchase of Supplies		Supplies	$150		$150
Apr. 15, 2019	107	Cash Payment of Telephone Bill		Telephone Expenses	$95		$95
Apr. 20, 2019	108	Payment of Notes Payable - Craft Corporation		Notes Payable	$900		$918
				Interest Expense	$18
Apr. 22, 2019	109	Payment of Accounts Payable - Ewing Corporation	$196			$4	$200
Apr. 25, 2019	110	Cash withdrawal by Martin Sachs		Drawings - Martin Sachs	$2,000		$2,000
Apr. 30, 2019	111	Replenishment of Petty Cash Fund		Supplies	$25
				Delivery expenses	$45
				Miscellaneous Expenses	$20		$90
Apr. 30, 2019		Totals	$196		$4,528	$10	$5,322