Answer to Question #209081 in Accounting for Lisa

Question

1. Journalize each of the transactions below.

Dec. 18 Miss Ryce paid her cashier a cheque of $15,000 for her fortnightly salary.

Dec. 19 One of the Kera Care Kit was returned by Miss Sonia Jarrett.

Dec. 20 Miss Sonia Jarrett paid the balance outstanding on her account by cheque,

receiving a discount of 5%.

Dec. 22 Miss Ryce paid cash for the following utility bills for the month:

Utility Company Amount

Light Company $13,000

National Water Company $2,350

Telecommunications Company $5,300

Dec. 22 Miss Ryce also paid cheque for security fees for the month totaling $23,000.

Dec. 25 During the period Dec. 17 – Dec. 25, Miss Ryce sold merchandise for

cash totalling $380,000.

Answer 1

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