You sent a spreadsheet to someone who sent the following to you. I am wondering if you could send me the same spreadsheet as I am having the same trouble and don't know exactly what to ask. I only have a few hours to finish, but I can't go any further without some questions answered.
Financial Accounting Help?
COLO COMPANY
Inv. No.Check
DateDescriptionNameor DateNo.TermsAmount
May1Paid rent (80% selling space, 20% office space)S&P Management Co. 3410 $3,710
2Sold merchandise on credit (cost $4,100)Hensel Company8785 2/10, n/60 6,100
2Issued credit memo on returned merch.Knox, Inc. Apr. 28 175
Total selling price (gross)Knox, Inc. Apr. 28 4,725
3Received credit memo on returned merch.Peyton Products Apr. 29 798
4Purchased merchandise on creditGear Supply Co. May 4 n/10 EOM 37,072
Purchased store supplies on creditGear Supply Co. May 4 n/10 EOM 574
Purchased office supplies on creditGear Supply Co. May 4 n/10 EOM 83
5Received payment less discount and returnKnox, Inc. Apr. 28 n/10 EOM ?
8Paid inv. less 2 % discount and May 3 returnPeyton Products Apr. 29 3411 ?
9Sold store supplies for cash at cost 350
1 year ago
Additional Details
10Purchased office equipment on creditGear Supply Co. May 10 n/10 EOM 4,074
11Received payment less discountHensel Company May 2 ?
11Purchased merchandise on creditGarcia, Inc. May 10 2/10, n/60 8,800
12Received credit memo on returned merch.Gear Supply Co. May 10 854
15Check issued for sales salariesPayroll 3412 5,320
Check issued for office salariesPayroll 3412 3,150
15Cash sales for first half of month (cost $38,200) 59,220
16Sold merchandise on credit (cost $1,890)Hensel Company8786 2/10, n/60 3,990
17Purchased merchandise on creditFink Corp. May 14 2/10, n/60 13,650
19Paid invoice less discountGarcia, Inc. May 10 3413
22Sold merchandise on credit (cost $4,990)Lee Services8787 2/10, n/60 6,850
23Paid invoice less discountFink Corp. May 14 3414 ?
1 year ago
24Purchased merchandise on creditGear Supply Co. May 23 n/10 EOM 8,120
Purchased store supplies on creditGear Supply Co. May 23 n/10 EOM 630
Purchased office supplies on creditGear Supply Co. May 23 n/10 EOM 280
25Purchased merchandise on creditPeyton Products May 23 2/10, n/30 3,080
26Sold merchandise on credit (cost $8,230)Crane Corp.8788 2/10, n/60 14,210
26Paid April electric billPerennial Power 3415 1,283
29Issued check to owner for personal useJenny Colo 3416 7,000
30Received payment less discountLee Services May 22 ?
30Check issued for sales salariesPayroll 3417 5,320
Check issued for office salariesPayroll 3417 3,150
31Cash sales for second half of month (cost $42,500) 66,052
Additional information:
a. Expired insurance$553
b. Ending store supplies inventory 2,632
1 year ago
c. Ending office supplies inventory 504
d. Estimated depreciation of store equipment 567
e. Estimated depreciation of office equipment 329
1 year ago
Please help with the following:
special journals, trial balance, financial statements, and a post closing trial balance
1 year ago
Report Abuse
Sandy
Best Answer - Chosen by Asker
I've sent u the answer in an Excel file.
1 year ago
Financial Accounting Help?
COLO COMPANY
Inv. No.Check
DateDescriptionNameor DateNo.TermsAmount
May1Paid rent (80% selling space, 20% office space)S&P Management Co. 3410 $3,710
2Sold merchandise on credit (cost $4,100)Hensel Company8785 2/10, n/60 6,100
2Issued credit memo on returned merch.Knox, Inc. Apr. 28 175
Total selling price (gross)Knox, Inc. Apr. 28 4,725
3Received credit memo on returned merch.Peyton Products Apr. 29 798
4Purchased merchandise on creditGear Supply Co. May 4 n/10 EOM 37,072
Purchased store supplies on creditGear Supply Co. May 4 n/10 EOM 574
Purchased office supplies on creditGear Supply Co. May 4 n/10 EOM 83
5Received payment less discount and returnKnox, Inc. Apr. 28 n/10 EOM ?
8Paid inv. less 2 % discount and May 3 returnPeyton Products Apr. 29 3411 ?
9Sold store supplies for cash at cost 350
1 year ago
Additional Details
10Purchased office equipment on creditGear Supply Co. May 10 n/10 EOM 4,074
11Received payment less discountHensel Company May 2 ?
11Purchased merchandise on creditGarcia, Inc. May 10 2/10, n/60 8,800
12Received credit memo on returned merch.Gear Supply Co. May 10 854
15Check issued for sales salariesPayroll 3412 5,320
Check issued for office salariesPayroll 3412 3,150
15Cash sales for first half of month (cost $38,200) 59,220
16Sold merchandise on credit (cost $1,890)Hensel Company8786 2/10, n/60 3,990
17Purchased merchandise on creditFink Corp. May 14 2/10, n/60 13,650
19Paid invoice less discountGarcia, Inc. May 10 3413
22Sold merchandise on credit (cost $4,990)Lee Services8787 2/10, n/60 6,850
23Paid invoice less discountFink Corp. May 14 3414 ?
1 year ago
24Purchased merchandise on creditGear Supply Co. May 23 n/10 EOM 8,120
Purchased store supplies on creditGear Supply Co. May 23 n/10 EOM 630
Purchased office supplies on creditGear Supply Co. May 23 n/10 EOM 280
25Purchased merchandise on creditPeyton Products May 23 2/10, n/30 3,080
26Sold merchandise on credit (cost $8,230)Crane Corp.8788 2/10, n/60 14,210
26Paid April electric billPerennial Power 3415 1,283
29Issued check to owner for personal useJenny Colo 3416 7,000
30Received payment less discountLee Services May 22 ?
30Check issued for sales salariesPayroll 3417 5,320
Check issued for office salariesPayroll 3417 3,150
31Cash sales for second half of month (cost $42,500) 66,052
Additional information:
a. Expired insurance$553
b. Ending store supplies inventory 2,632
1 year ago
c. Ending office supplies inventory 504
d. Estimated depreciation of store equipment 567
e. Estimated depreciation of office equipment 329
1 year ago
Please help with the following:
special journals, trial balance, financial statements, and a post closing trial balance
1 year ago
Report Abuse
Sandy
Best Answer - Chosen by Asker
I've sent u the answer in an Excel file.
1 year ago