Problem 5-5A Account balances in General ledger December 1 Assignment
Question Description
PR 5-5A
All journals and general ledger; trial balance
The transactions completed by Revere Courier Company during December, the first month of the fiscal year, were as follows:
Issued Check No. 610 for December rent, $4,200.
2. Issued Invoice No. 940 to Clifford Co., $1,740.
3. Received check for $4,800 from Ryan Co. in payment of account.
5. Purchased a vehicle on account from Platinum Motors, $37,300.
6. Purchased office equipment on account from Austin Computer Co., $4,500.
6. Issued Invoice No. 941 to Ernesto Co., $3,870.
9. Issued Check No. 611 for fuel expense, $600.
10. Received check from Sing Co. in payment of $4,040 invoice.
10. Issued Check No. 612 for $330 to Office To Go Inc. in payment of invoice.
10. Issued Invoice No. 942 to Joy Co., $1,970.
11. Issued Check No. 613 for $3,090 to Essential Supply Co. in payment of account.
11. Issued Check No. 614 for $500 to Porter Co. in payment of account.
12. Received check from Clifford Co. in payment of $1,740 invoice of December 2.
13. Issued Check No. 615 to Platinum Motors in payment of $37,300 balance of December 5.
16. Issued Check No. 616 for $39,800 for cash purchase of a vehicle.
16. Cash fees earned for December 116, $20,300.
17. Issued Check No. 617 for miscellaneous administrative expense, $500.
18. Purchased maintenance supplies on account from Essential Supply Co., $1,750.
19. Purchased the following on account from McClain Co.: maintenance supplies, $1,500; office supplies, $375.
20. Issued Check No. 618 in payment of advertising expense, $1,780.
20. Used $3,200 maintenance supplies to repair delivery vehicles.
23. Purchased office supplies on account from Office To Go Inc., $400.
24. Issued Invoice No. 943 to Sing Co., $6,100. 24. Issued Check No. 619 to S. Holmes as a personal withdrawal, $3,000.
25. Issued Invoice No. 944 to Ernesto Co., $5,530.
25. Received check for $4,100 from Ryan Co. in payment of balance.
26. Issued Check No. 620 to Austin Computer Co. in payment of $4,500 invoice of December 6.
30. Issued Check No. 621 for monthly salaries as follows: driver salaries, $16,900; office salaries, $7,100.
Dec. 31. Cash fees earned for December 1731, $18,900.
31. Issued Check No. 622 in payment for office supplies, $340.
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20190331024832instructions (352 kB)
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