ACC 211 Journalize Transactions

Date Description of Transaction

1/05/15 Issued pay Checks 5001 and 5002 from Midland for Jessica Wills and Marc

Lowen. Type the check number on the payroll entry window

1/07/15 Invoice No. 74A was received from ABC Mountain Bikes for 10 mountain bikes

at $150 each. (Hint: Type the invoice number in the Ref. No. field.)

1/07/15 Invoice No. 801 was received from Tiny Tots Wheels for 15 children's bikes at

$45 each.

1/07/15 Invoice No. ER555 was received from Empire Road Bikes for 12 road bikes at

$75 each.

1/10/15 Deposited cash sales of $2,670: 4 mountain bikes & 1200; 5 road bikes, $750; 8

Children’s bikes, $ 720. Cash sales are deposited in the Midland Bank account

(Hint: Make sure the correct Sales account is credited)

1/11/15 Deposited cash sales of $1,950: 5 Children’s bikes, $450; 4 road bikes, $ $600; and 3

Mountain bikes $ 900.

.

1/12/15 Issued pay Check 5003 and 5004 for Jessica wills and Marc Lowen (Hint: if

Necessary, complete the check number field

1/14/15 Sold one mountain bike to Deni Barton on account, Sales invoice 101. (Hint Type

the invoice number in the invoice No. field)

1/18/15 Deposited cash sales of $ 1,920; 3 children’s bikes, $ 270; 2 Mountain bikes,

$ 600; 7 road bikes, $ 1,050.

1/18/15 Issued Check No. 5005 to ABC Mountain Bikes In payment of purchases invoice

No 74A Complete the check/ Reference No. field. Issue checks from the Midland

Bank account. (Make sure that the Discount Account field shows 59500 for

Purchase Discounts)

1/18/15 Issued Check No. 5006 to Empire Road Bikes in payment of purchases invoices

No.ER555.

1/19/15 Issued Check No. 5007 to Tiny Tots Wheels in payment of purchase invoice

No.801

1/19/15 Issued Check No. 5008 and 5009 for Jessica Wills and Marc Lowen.

1/23/15 Issued Check No. 5010 to Gillespie Rentals for $ 1,350 in payment of mall space

Rent for sports Authority. (Hint: Remember to complete the check/ Reference

No.field)

1/24/15 Deposited cash of sales $3,810; 6 mountain bikes, $1800; 8 road bikes, $ 1,200;

9 Children’s bikes $ 810

1/25/15 Sold one children's bike to sherry Watson on account, Sales invoice 102,

1/25/15 Invoice No. 88A was received from ABC Mountain Bikes for three mountain bikes

at $150 each.

1/25/15 Invoice No. 962 was received from Tiny Tots Wheels for five children bikes at

$45 each

1/25/15 Invoice No. ER702 was received from Empire Road Bikes for five road bikes at

$75.00 each

1/25/15 Deposited cash of sales $3,240; 6 mountain bikes $ 1800; 6 road bikes $900;

6 children bikes $ 540.

1/26/15 Issued pay checks 5011 and 5012 for Jessica Wills and Mac Lowen.

1/28/15 Issued pay checks No. 5013 to John Lerette for $245 in payment of Short-Term Notes

Payable.

1/28/15 Issued pay checks No. 5014 to Midland Bank for $175.80 in payment of long-Term Notes

Payable.

1/30/15 Issued pay checks No. 5015 to Public Utilities for $ 226.66 in payment of Utilities