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Jeremiah Restoration Company completed the following selected transactions during January:
Required:
Journalize the transactions. Refer to the chart of accounts for the exact wording of the account
titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is
used for debit or credit entries. CNOW journals will automatically indent a credit entry when a
credit amount is entered.
CHART OF ACCOUNTSJeremiah Restoration CompanyGeneral Ledger
JOURNAL
ACCOUNTING EQUATION
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Jan. 1.Established a petty cash fund of $730.12.The cash sales for the day, according to the cash
register records, totaled $11,525. The actual cash received from cash sales was $11,551.31.Petty
cash on hand was $142. Replenished the petty cash fund for the following disbursements, each
evidenced by a petty cash receipt:

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Jeremiah Restoration Company completed the following selected transa.pdf

  • 1. Jeremiah Restoration Company completed the following selected transactions during January: Required: Journalize the transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. CHART OF ACCOUNTSJeremiah Restoration CompanyGeneral Ledger JOURNAL ACCOUNTING EQUATION 1 2 3
  • 5. 16 Jan. 1.Established a petty cash fund of $730.12.The cash sales for the day, according to the cash register records, totaled $11,525. The actual cash received from cash sales was $11,551.31.Petty cash on hand was $142. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: