FEBRUARY

SALES JOURNAL
DATE CUSTOMER INVOICE NO. F
FEB. 1 A 1/
5 B 2/

SUBSIDIARY RECEIVABLE LEDGERS

NAME: A
ADDRESS: ANGELES CITY
TERMS 2/10, N/30
DATE EXPLANATION F DEBIT
FEB. 1 INVOICE 1 SJ1 3,000
9 PAID CRJ1

NAME: B
ADDRESS: ANGELES CITY
TERMS 2/10, N/30
DATE EXPLANATION F DEBIT
FEB. 2 INVOICE 2 SJ1 3,000
20 PARTIAL CRJ1
22 PAID CRJ1

NAME: C
ADDRESS: ANGELES CITY
TERMS
DATE EXPLANATION F DEBIT
MAR. 1 SALE SJ1 1,500

NAME: D
ADDRESS: ANGELES CITY
TERMS 2/10, N/30
DATE EXPLANATION F DEBIT
MAR. 10 SALE SJ1 3,500
10 NOTES GJ1
SALES JOURNAL CASH RECEIPTS JOURNA
ACCOUNTS RECEIVABLE (DEBIT) SALES (CREDIT)
DATE
3,000 3,000
3,000 3,000 FEB. 6
6,000 6,000 9
20
22
23
25

GENERAL LEDGERS

ACCOUNT
DATE EXPLANATION
CREDIT BALANCE FEB. 28
3,000 FEB. 28
3,000

S
DATE EXPLANATION
FEB. 28
FEB. 28
CREDIT BALANCE
3,000
1,000 2,000 MARCH
2,000 ACCOUNT
DATE EXPLANATION
MAR. 31
MAR. 31
MAR. 31
CREDIT BALANCE S
1,500 DATE EXPLANATION
MAR. 31

CREDIT BALANCE
3,500
2,000 1,500
RECEIPTS JOURNAL
RECEIVED FROM EXPLANATION OR # CASH (DEBIT)

CUSTOMERS CASH SALES CRT 10,000

CUSTOMERS CASH SALES 2,940
CUSTOMERS CASH SALES 1,000
CUSTOMERS CASH SALES 2,000
OWNER INVESTMENT 5,000
ABC BANK LOAN 20,000
40,940

(FEBRUARY)

ACCOUNTS RECEIVABLE ACCT. NO. 102

F DEBIT CREDIT BALANCE
SJ1 6,000 6,000
CRJ1 6,000

SALES ACCT. NO. 401

F DEBIT CREDIT BALANCE
SJ1 6,000 6,000
CRJ1 10,000 16,000

ACCOUNTS RECEIVABLE ACCT. NO. 102

F DEBIT CREDIT BALANCE
SJ1 6,000 6,000
CRJ1 1,000 5,000
GJ1 2,000 3,000
 SALES ACCT. NO. 401
F DEBIT CREDIT BALANCE
SJ1 6,000 6,000
SALES DISCOUNT ACCOUNT RECEIVABLE
(DEBIT) F (CREDIT) SALES (CREDIT)

10,000
60 SJ1 3,000
SJ1 1,000
SJ1 2,000

60 6,000 10,000
 MARCH

SUNDRY
ACCOUNT TITLE
F DEBIT CREDIT DATE CUSTOMER
MAR. 1 C
10 D

CAPITAL 5,000
NOTES PAYABLE 20,000
25,000

GENERAL JOURNAL
10-Mar NOTES RECEIVABLE

To record notes issued

15 CASH
ACCUMULATED DEPRECIATION
 SALES JOURNAL
INVOICE NO. SALES (CREDIT) ACCOUNTS RECEIVABLE (DEBIT)
2,000 2,000
4,000 4,000
6,000 6,000

AL JOURNAL
RECEIVABLE 2,000
ACCOUNTS RECEIVABLE 2,000
rd notes issued

10,000
MULATED DEPRECIATION 45,000
EQUIPMENT 50,000
GAIN ON SALE 5,000
URNAL
COST OF SALES (DEBIT) MERCHANDISE INVENTORY (CREDIT)
DATE RECEIVED FROM OR NO. CASH (DEBIT)
MAR. 1 C 500
10 D 500
15 CUSTOMER 10,000

11,000
 CASH RECEIPTS JOURNAL
SALES DISCOUNT (DEBIT) ACCOUNTS RECEIVABLE (CREDIT) SALES CREDIT)
500
500

1,000
SUNDRY ACCOUNTS DEBIT CREDIT

ACCUMULATED DEPRECIATION 45,000

EQUIPMENT 50,000
GAIN ON SALE 5,000
45,000 55,000