Cash Accounts receivable

Date Debit Credit Balance Date Debit Credit Balance

Mar-01 9000 Mar-01 60000

Mar 31 cash rec. journal 222880 231880 Mar 31 sales journal 99400 159400
Mar 31 cash Disb. journal 132408 99472 Mar 31 cash rec. journal 66000 93400

Inventory Office supplies

Date Debit Credit Balance Date Debit Credit Balance
Mar-01 25000 Mar-03 1900 1900
Mar-17 4600 20400
Mar 31-Pur journal 94200 114600
Mar 31 cash disb. Journal 1792 112808 Office equipment
Mar 31 sales journal 59100 53708 Date Debit Credit Balance
Mar 31 cash rec. journal 43300 10408 Mar-09 22350 22350

Mar-19 3350 19000

Store Supplies
Date Debit Credit Balance Long term Notes payable
Mar-16 2800 2800 Date Debit Credit Balance
Mar-06 86000 86000
Accounts Payable
Date Debit Credit Balance
Mar-17 4600 -4600 Sales
Mar-19 3350 -7950 Date Debit Credit Balance
Mar 31-Pur journal 121250 113300 Mar 31 sales journal 99400 99400

Mar 31 cash disb. Journal 89600 23700 Mar 31 cash rec. journal 72200 171600

Z.Thompson Capital
Date Debit Credit Balance Cost of goods sold
Mar-01 94000 Date Debit Credit Balance
Mar 31 sales journal 43300 43300
Sales Discounts Mar 31 cash rec. journal 59100 102400
Date Debit Credit Balance
Mar 31 cash rec. journal 1320 1320
Rita Griffin
Sales salaries expense Date Debit Credit Balance

Date Debit Credit Balance Mar-10 11200 11200

Mar-15 22300 22300 Mar-20 11200 0
Mar-31 22300 44600 Mar-27 25000 25000

Wilson co. Lindsey Martin

Date Debit Credit Balance Date Debit Credit Balance
Mar-02 40800 40800 Mar-03 14000 14000
Mar-12 40800 0 Mar-13 14000 0
Mar-28 8400 8400
Sanchez Co.
Date Debit Credit Balance Perez company
Mar-14 48600 48600 Date Debit Credit Balance
Mar-17 4600 44000 Mar-03 1900 1900
Mar-23 44000 0 Mar-16 2800 4700

Mannion Supply Lane Industries

Date Debit Credit Balance Date Debit Credit Balance
Mar-09 22350 22350 Mar-01 45600 45600
Mar-19 3350 19000 Mar-13 45600 0
 Trial Balance
Items Debit Credit

Cash 99472
Acc. Rec 93400
Inventory 10408
Office supplies 1900
Store Supplies 2800
Office equipment 19000
Acc. Payable 23700
Long term notes payable 86000
Z.Thompson Capital 94000
Sales 171600
Sales discounts 1320

Cost of goods sold 102400

Sales salaries expense 44600
Totals 375300 375300

Mitchell Company
Schedule of accounts rec.
Rita Griffin 25000
Lindsey Martin 8400
Wilson co. 0

Total 33400

Mitchell Company
Schedule of accounts payable
Sanchez Co. 0
Perez company 4700
Mannion Supply 19000
Lane Industries 0
total 23700
 2%
1 45600 2%

2 40800 24000
3 1900
3 14000 8400
6 86000
9 22350
10 11200 6700
12
13
13
14 48600 2%
15 22300

15 38000 22800
16 2800
17 4600
19 3350
20
23
27 25000 15000
28 8400 5000
31 22300
31 34200 20500

31

inventory 25000
cap 94000
 Sales Journal

Cost of
goods sold
Dr.
Accounts receivable Dr. Sales Inventory
Date Account debited Invoice number Cr Cr.
Mar-02 Wilson co. 854 40800 24000
Mar-03 Lindsey Martin 855 14000 8400
Mar-10 Rita Griffin 856 11200 6700
Mar-27 Rita Griffin 857 25000 15000
Mar-28 Lindsey Martin 858 8400 5000

Mar-31 totals 99400 59100

Purchases Journal
Other
Accounts Inventory Office Accounts
Date Account Date of invoice terms payable Cr. Dr. supplies Dr Dr.
Mar-01 Lane Industries 3/1 2/15, n/30 45600 45600
Mar-03 Office supplies/Perez 3/3 n/10, EOM 1900 1900
Mar-09 Office euipment/Mannion Supply 3/9 n/10, EOM 22350 22350
Mar-14 Sanchez Co. 3/13 2/10, n/30 48600 48600
Mar-16 Store Supplies Perez 3/16 n/10, EOM 2800 2800

Mar-31 total 121250 94200 1900 25150

Cash Receipts Journal

Cost of
goods sold
Accounts Office Dr.
Receivable Accounts Inventory
Date Account Credited Cash Dr. Sales Discount Dr. Cr. Sales Cr Cr Cr.
Mar-06 Long term note payable 86000 86000
Mar-12 Wilson co. 39984 816 40800
Mar-13 Lindsey Martin 13720 280 14000
Mar-15 Sales 38000 38000 22800
Mar-20 Rita Griffin 10976 224 11200
Mar-31 Sales 34200 34200 20500

Mar-31 totals 222880 1320 66000 72200 86000 43300

Cash Disbursements Journal

Other
Inventory Accounts Accounts
Date CK No. Payee Account debited Cash cr. Cr. dr. payable Dr.
Mar-13 416 Lane Industries Lane Industries 44688 912 45600
Mar-15 417 Payroll Sales salaries expense 22300 22300
Mar-23 418 Sanchez Co. Sanchez Co. 43120 880 44000
Mar-31 419 Payroll Sales salaries expense 22300 22300

Mar-31 totals 132408 1792 44600 89600