My writer delivered an awesome dissertation on the Creek War, I definitely didn’t have the time to do all the research she did on my own.
Essay (any type)
09/08/2022
Using all the journals, posting, balancing the ledgers (perpetual inventory system) Crosby Sales…
Using all the journals, posting, balancing the ledgers (perpetual inventory system) Crosby Sales Company, which uses the perpetual inventory system and makes all credit sales with terms 2/10, n/30, had these transactions during January. Required 1. For Crosby Sales Company, open the following three-column general ledger accounts using the account numbers given: 2. Open these accounts in the subsidiary ledgers: Accounts receivable subsidiary ledger— Vachon Inc., Franklin Ltd., and Wooten Design Ltd.; accounts payable subsidiary ledger—Delwood Co., Lehigh Corp., and Jasper Sales Ltd. 3. Enter the transactions in a sales journal (page 8), a cash receipts journal (page 3), a purchases journal (page 6), a cash payments journal (page 9), and a general journal (page 4), as appropriate. Disregard PST and GST in this question. 4. Post daily to the accounts receivable subsidiary ledger and to the accounts payable subsidiary ledger. On January 31, post to the general ledger. 5. Total each column of the special journals. Show that the total debits equal the total credits in each special journal. 6. Balance the total of the customer account balances in the accounts receivable subsidiary ledger against Accounts Receivable in the general ledger. Do the same for the accounts payable subsidiary ledger and Accounts Payable in the general ledger.
