This problem continues the Crystal Clear Cleaning

problem Crystal Clear #492

This problem continues the Crystal Clear Cleaning problem. Crystal Clear Cleaning has decided
that, in addition to providing cleaning services, it will sell cleaning products. Crystal Clear uses
the perpetual inventory system. During December 2017, Crystal Clear completed the following
transactions:Dec. 2 Purchased 475 units of inventory for $2,850 on account from Sparkle, Co.
on terms 3/10, n/20.5 Purchased 600 units of inventory from Borax on account with terms 2/10,
n/30. The total invoice was for $4,500, which included a $150 freight charge.7 Returned 75 units
of inventory to Sparkle from the December 2 purchase (cost, $450).9 Paid Borax.11 Sold 285
units of goods to Happy Maids for $3,990 on account on terms 3/10, n/30. Crystal Clear’s cost
of the goods was $1,710.12 Paid Sparkle.15 Received 22 units with a retail price of $308 of
goods back from customer Happy Maids. The goods cost Crystal Clear $132.21 Received
payment from Happy Maids, settling the amount due in full.28 Sold 265 units of goods to
Bridget, Inc. for cash of $3,975 (cost, $1,691).29 Received bill and paid cash for utilities of
$415.30 Paid cash for Sales Commission Expense of $550.31 Recorded the following adjusting
entries:a. Physical count of inventory on December 31 showed 428 units of goods on hand,
$3,148b. Depreciation, $270c. Accrued salaries expense of $725d. Prepared all other
adjustments necessary for December. Assume cleaning supplies at December 31 are $30.
ANSWER CONTINUE TO NEXT PAGERequirements1. Use the appropriate journal to record
the preceding transactions in a sales journal (omit the Invoice No. column), a cash receipts
journal, a purchases journal, a cash payments journal (omit the Check No. column), and a
general journal.2. Total each column of the special journals. Show that total debits equal total
credits in each special journal.3. Show how postings would be made from the journals by writing
the account numbers and check marks in the appropriate places in the journals.View Solution:
This problem continues the Crystal Clear Cleaning problem Crystal Clear

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