Question : 21) Indicate the proper journal to use to record each : 1212694

Accounting

21) Indicate the proper journal to use to record each of the following transactions. Use S for sales journal, P for purchases journal, CR for cash receipts journal, CP for cash payments journal, and G for general journal.

a)Owner investment of cash________

b)Owner withdrawal of cash________

c)Payment of accrued salaries________

d)Sales of furniture in exchange for a note receivable________

e)Receipt of payment on account________

f)Purchase of land for cash________

g)Returned merchandise, receiving a cash refund________

h)Payment for the purchase of inventory

within the discount period________

i)Made a cash refund to a customer

for returned merchandise________

j)Sale of merchandise on account________

k)Purchase of merchandise for cash________

l)Purchase of supplies on account________

m)Sale of merchandise for cash________

n)Owner investment of equipment________

22) Tom and Jerry Company uses special journals along with the general journal to record its daily transactions. Using the following abbreviations, identify the appropriate journal in which to record each transaction.

Sales JournalS

Purchases JournalP

Cash Receipts JournalCR

Cash Payments JournalCP

General JournalG

a)Sold merchandise on account, $5,800__________

b)A customer purchased additional inventory on account,

credit terms 2/10 n/30, $3,500__________

c)A customer who had previously purchased merchandise

on account returned defective merchandise for credit__________

d)Purchased inventory on account, $4,680__________

e)Purchased office furniture, no money down, with 60

days to pay, $1,850__________

f)Closed the income summary account to capital, net

income was $65,000__________

g)Collected $3,600 from cash sales__________

h)Purchased a used copy machine paying $3,200 cash__________

i)Received a cheque for $3,210 from a customer who was

paying off his account in full__________

j)Paid the telephone bill for the month, $230__________

23) Burton Company uses special journals along with the general journal to record its daily transactions. Using the following abbreviations, identify the appropriate journal in which to record each transaction.

Sales JournalS

Purchases JournalP

Cash Receipts JournalCR

Cash Payments JournalCP

General JournalG

a) Purchased inventory for cash, $2,300__________

b) Received $3,000 from a customer on account__________

c) Purchased supplies on account, $375__________

d) Sold merchandise for cash, $2,460__________

e) Paid the weekly employees’ wages, $5,300__________

f) Returned merchandise previously bought on

account for credit, $1,670__________

g) Made a $350 adjusting entry for expired insurance__________

h) Borrowed $10,000 from the bank by signing a note

payable with interest at 8%__________

i) Purchased office equipment for cash__________

j) Paid for merchandise previously bought on account,

taking the 2% discount $2,345__________

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July 1, 2023

11.66

A carbon atom, with a half-full outer shell of electrons - four in a shell that can hold eight - readily shares its electrons with other atoms and forms a vast number of molecules, many of which are the organic molecules that form the bulk of living matter. Looking at the periodic table in the Study Area, what other element do you think might play a role like carbon in life forms on some other planet?