Can you put these transactions in general journal format? Dec 15 Issued check #
ID: 2592287 • Letter: C
Question
Can you put these transactions in general journal format?
Dec 15 Issued check # 1115 for $47.42 to City of Fresno for water and sewer charges for November.
17 Received a check from Northeast Realtors, Inc. In payment of our invoice of December 6, no discount.
17 Cash sales for the week ended December 18 were as follows:
computers, $5,619.00
peripherals, $1,149.00
computer servicing, $552.75.
Cost of goods $4,495.20 & $919.20 respectively.
18 Received a check from Southeast Dental Group in payment of our invoice of Dec. 8 less discount.
19 Issued a check # 1116 for $131.25 to Maria’s Janitorial Services, In. for cleaning for the month of November.
20 Issued check # 1117 to Island Community Bank for the cash dividends previously declared.
24 Record the bi-weekly payroll, details as follows:
Sales salaries, $2,755.50
Office salaries, 438.75
Officers’ salaries, $1,500.00
Federal income tax withheld, $1,066.50
FICA tax withheld, $352.07.
24 Issued check # 1118 for $3,275.68 to the Payroll Bank Account in payment of net payroll.
24 Record the employer’s payroll taxes:
FICA tax, $352.07
State unemployment tax, $69.56
Federal unemployment tax, $10.07.
24 Issued check # 1119 to Island Community Bank in payment of payroll taxes: FICA tax, $352.07 704.14; state unemployment tax, $$69.56; and federal unemployment tax, $10.07. Employees’ Federal Income Tax Payable $1,066.50
24 Cash sales for the week ended December 25 were as follows:
Computers, $4,815.75
Peripherals, $995.25.
Cost of goods - $3,852.60 & $796.20 respectively
31 Cash sales for the week ended December 31 were as follows:
Computers, $1,179.75
Peripherals, $509.25.
Cost of goods - $943.80 & $417.40 respectively.
31 Issued check # 1120 for $221.44 to replenish the petty cash fund. Payments from the fund are summarized as follows:
Store Supplies, $107.24
Office Supplies, $114.20
Dec 15 Issued check # 1115 for $47.42 to City of Fresno for water and sewer charges for November.
17 Received a check from Northeast Realtors, Inc. In payment of our invoice of December 6, no discount.
17 Cash sales for the week ended December 18 were as follows:
computers, $5,619.00
peripherals, $1,149.00
computer servicing, $552.75.
Cost of goods $4,495.20 & $919.20 respectively.
18 Received a check from Southeast Dental Group in payment of our invoice of Dec. 8 less discount.
19 Issued a check # 1116 for $131.25 to Maria’s Janitorial Services, In. for cleaning for the month of November.
20 Issued check # 1117 to Island Community Bank for the cash dividends previously declared.
24 Record the bi-weekly payroll, details as follows:
Sales salaries, $2,755.50
Office salaries, 438.75
Officers’ salaries, $1,500.00
Federal income tax withheld, $1,066.50
FICA tax withheld, $352.07.
24 Issued check # 1118 for $3,275.68 to the Payroll Bank Account in payment of net payroll.
24 Record the employer’s payroll taxes:
FICA tax, $352.07
State unemployment tax, $69.56
Federal unemployment tax, $10.07.
24 Issued check # 1119 to Island Community Bank in payment of payroll taxes: FICA tax, $352.07 704.14; state unemployment tax, $$69.56; and federal unemployment tax, $10.07. Employees’ Federal Income Tax Payable $1,066.50
24 Cash sales for the week ended December 25 were as follows:
Computers, $4,815.75
Peripherals, $995.25.
Cost of goods - $3,852.60 & $796.20 respectively
31 Cash sales for the week ended December 31 were as follows:
Computers, $1,179.75
Peripherals, $509.25.
Cost of goods - $943.80 & $417.40 respectively.
31 Issued check # 1120 for $221.44 to replenish the petty cash fund. Payments from the fund are summarized as follows:
Store Supplies, $107.24
Office Supplies, $114.20
Explanation / Answer
Answer:
Journal Entries Date Accounts Debit $ Credit $ Dec 15 Water and Sewer expenses 47.42 Cash at Bank 47.42 Dec 17 Cash at Bank - Account Receivables - Dec 17 Cash in hand 7,320.75 Revenue 7,320.75 Cost of good sold 5,414.40 Inventory 5,414.40 Dec 18 Cash at Bank - Discount allowed - Account Receivables - Dec 19 Cleaning expenses 131.25 Cash at Bank 131.25 Dec 20 Dividend payable - Cash at Bank - Dec 24 Sales salaries expenses 2,755.50 Office salaries expenses 438.75 Officers’ salaries expenses 1,500.00 Federal income tax withheld 1,066.50 FICA tax withheld 352.07 Payroll expenses payable 3,275.68 Dec 24 Payroll expenses payable 3,275.68 Cash at Bank 3,275.68 Dec 24 FICA tax 352.07 State unemployment tax 69.56 Federal unemployment tax 10.07 Payroll taxes payable 431.70 Dec 24 Payroll taxes payable 431.70 FICA tax withheld 352.07 Federal income tax withheld 1,066.50 Cash at Bank 1,850.27 Dec 24 Cash in hand 5,811.00 Revenue 5,811.00 Cost of good sold 4,648.80 Inventory 4,648.80 Dec 31 Cash in hand 1,689.00 Revenue 1,689.00 Cost of good sold 1,361.20 Inventory 1,361.20 Dec 31 Store Supplies Inventory 107.24 Office Supplies Inventory 114.20 Cash at Bank 221.44Related Questions
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