GALVEZ , RICA MAE

BSPA 11
PURCHASES SALES AND TRA

JOURNAL ENTRIES FOR NANCY MULLER DISTRIBUTOR

DATE ACCOUNT TITLES DEBIT CREDIT
APRIL 5, 2018 ACCOUNT RECEIVABLE 243,000
SALES 243,000

APRIL 7, 2018 ACCOUNT RECEIVABLE 470,000

SALES 470,000

FREIGHT OUT 7,000

ACCOUNT PAYABLE 7,000

APRIL 8, 2018 SALES RETURNS & ALLOWANCES 18,000

ACCOUNT RECEIVABLE 18,000

APRIL 10, 2018 CASH 218,250

SALES DISCOUNT 6,750
ACCOUNT RECEIVABLE 225,000

APRIL 11, 2018 ACCOUNT PAYABLE 7,000

CASH 7,000

APRIL 14, 2018 CASH 455,900

SALES DISCOUNT 14,100
ACCOUNT RECEIVABLE 470,000

APRIL 21, 2018 ACCOUNT RECEIVABLE 216,000

SALES 216,000

APRIL 26, 2018 CASH 209,520

SALES DISCOUNT 6,480
ACCOUNT RECEIVABLE 216,000
TOTAL 1,872,000 1,872,000
 UNIBERSIDAD DE MANILA
RCHASES SALES AND TRANSACTIONS
OFFICIAL ANSWER SHEET

JOURNAL ENTRIES FOR ESTERLINA GEVERA STORE

DATE ACCOUNT TITLES DEBIT
APRIL 5, 2018 PURCHASES 243,000
ACCOUNT PAYABLE

FREIGHT IN 4,000
ACCOUNT PAYABLE

APRIL 7, 2018 PURCHASES 470,000

ACCOUNT PAYABLE

APRIL 8, 2018 ACCOUNT PAYABLE 18,000

PURCHASES RETURNS & ALLOWANCES

APRIL 10, 2018 ACCOUNT PAYABLE 225,000

PURCHASES DISCOUNT
CASH

APRIL 14, 2018 ACCOUNT PAYABLE 470,000

PURCHASES DISCOUNT
CASH

APRIL 21, 2018 PURCHASES 216,000

ACCOUNT PAYABLE

APRIL 25, 2018 FREIGHT IN 3,000

CASH

APRIL 26, 2018 ACCOUNT PAYABLE 216,000

PURCHASES DISCOUNT
CASH
TOTAL 1,865,000
CREDIT

243,000

4,000

470,000

18,000

6,750
218,250

14,100
455,900

216,000

3,000

6,480
209,520
1,865,000