The salas and cash recaipts joumals of O\'Shea Ot ce Producrs include the tollow

Question

The salas and cash recaipts joumals of O'Shea Ot ce Producrs include the tollowing entries: (Cliak the icon to viw the salas jaurnal) Cick tha icon to vinw tha cash recaints joumal ) ldeno y e missing intor ation in the cash ece ts our a or t ?se Uansactions lised. Assu e accounts are pe i ul A crecit saes are tem s n 0 Aso to al the co u ns in the cash receipts ou al and show atto al debits equal total cre ns a box s not use in e ouma eave 1 Mare Infa Account Post Accounts SalesSales Disc. Cost of Goads Sold DR Date Credited Re Cash DR Rec, CR Rev, CR Forteit. CR ACC. CRMerchandise Inv. CR 2018 May 16L. Flot Cost of Accounts Receivable Goods Sold 19E. Luddle Post 30T Rols Account Debited Ref. Sales Revenue CR CR May lTotal Show that tocal dehks equal toral c May 7 801 L. E 69 More Inta 602 T. Rals 10 603 E. Lucdle Total debts “ Total credits May 31 218 Accounts Sales Sales DisOther Cost ot Goods Sold DR Date Ref. Cash DR Ret. CR Rev. CR Forfeit. CRAct.CR Merchandise Inv. CR May 16 L. Elot Print Done 9E.Lude Enter any number in the edit tields an 160 0T Rolls May 31 Total

Explanation / Answer

Cash Receipts Journal Page 5 Date Account Credited Post. Ref. Cash DR Accounts Rec. CR Sales Rev. CR Sales Disc. Forfeit. CR Other Acct. CR Cost of Goods Sold DR Merchandise Inv. CR 2018 May-16 L. Elot T 115 115 19 E. Luddle T 85 85 24 370 370 160 30 T. Rolls T 55 55 May-31 Total 625 255 370 160 Total debits = Total credits $785 = $785 (625 + 160) (255 + 370 + 160)

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