Purchase Journal of Happy Wish.

Co for the Mont

Date (May) Particular Purchase order # LF

3 Ron Co. 1
10 Dream equip Co. 280
19 Looking Good Pvt Ltd. 275
20 Rise Co and Sons 289
28 Fancy Stationery 295

Cash Receipt Journal of Happy Wish. Co for the Mo

Date (May) Particular Check # Ref

1 Rent paid
4 Cash Receipt
6 Cash Loan
16 Interest
25 Cash rental payment received for delivery van
30 Cash dividend received from stock investment

General Journal of Happy Wish. Co for the Month

Date (May) Particular Check # Ref

1 Landlord

3 Inventory

4 Cash
6 Cash
8 Prepaid Insurance

10 Machinery

13 Accounts Receivable - Sam

15 Accounts Receivable - Lucky

16 Ron Co.
16 Interest Income
17 Salaries Expense
18 Advertising Expense

19 Office Furniture

19 Cash

20 Rise Co & Sons

20 Depreciation Expense
21 Accounts Receivable
22 Jane
25 Cash
26 Bad Debts Expense
27 Accounts Receivable

28 Fancy Stationery

30 Interest Expense

30 Cash
31 Prepaid Property Tax
y Wish. Co for the Month of May
Amount ($)
Merchandise
Inventory (Dr) Accounts payable (Cr)
1500 1500
2,500 2500
1400 1,400
600 600
220 209

ppy Wish. Co for the Month of May

Amount
LF Debit ($)
1500
1000
6000
200
400
350

y Wish. Co for the Month of May

Amount
LF Details ($)
Paid $1500 as rent
Purchased on credit from Ron Co. for $1500 with a 2% discount,
invoice #001
Customers paid $1000
Received a cash loan of $6000 from Aid Bank
 Made an advance payment of $500 for insurance
Purchased on credit from Dream Equip Co. for $2500 with a 5%
discount, invoice #280
Sold goods on credit to Sam for $1500 with a 4% discount, invoice
#101
Sold goods on credit to Lucky for $1000 with a 3% discount, invoice
#140
Returned damaged merchandise amounting to $500
Received $200 in interest from a bank deposit
Paid salaries totaling $3000 to employees
Paid advertising expenses amounting to $1200
Purchased on credit from Looking Good Pvt Ltd. for $1400 on 10%
discount, invoice #275
Reimbursed employees' business travel expense of $250
Office supplies purchased on credit for $600 at a 2% discount,
invoice #289
Recorded depreciation of machinery for the month, $420
Goods sold on credit for $1100 with a 7% discount
Payment of $890 with invoice #146 for goods purchased
Received $400 cash rental payment for a delivery van
Written off $170 from collectible accounts receivable
Sale of $1700 made on credit, invoice #406
Stationery purchased on credit for $220 with a 5% discount, invoice
#295

Adjusted and recorded accrued interest expense of $70 for a loan

Received $350 cash dividend from a stock investment

Made an advance payment of $500 for property tax
 Sales Journal of Happy Wish. Co for the Month of May

Date (May) Particular Invoice #

13 Sam 101
15 Lucky 140
21 Sales 406
27 Sales 406

Cash Disbursement Journal of Happy Wish. Co for the Month of May

Date (May) Particular Check #

1 Rent payment to landlord
3 Purchase from Ron Co.
4 Cash Receipt from Customers
8 Advance Payment for Insurance
10 Purchase from Dream Equip Co.
16 Return of Damaged Merchandise to Ron
17 Salary Payment to Employees
18 Advertising Expenses Payment
19 Purchase from Looking Good Pvt Ltd.
19 Reimbursement of Business Travel Expense
20 Rise Co & Sons
20 Depreciation Expense
21 Accounts Receivable
22 Jane
25 Cash
26 Bad Debts Expense

27 Accounts Receivable

28 Fancy Stationery
30 Interest Expense
30 Cash

31 Prepaid Expenses
May
Amount
Accounts Merchandise
LF Receivable (Dr) Inventory (Cr)
1500
1,000
1100
1700

onth of May
Amount
Ref LF Credit ($)
1500
1 1500
1000
500
280 2500
500
3000
1,200
275 1400
250
600
289 420
1100
890
400
170

1700
406
295 220
70
350

500