Journalize the following ten transactions for Smith Heating and
Electric. Remember that Smith Heating and Electric uses the
Periodic Inventory method. HST is
13%. Click on the Journal entries tab for journal paper.
No journal descriptions are necessary.
Transactions Dec 2019 Item Description 7 Source Document: Sales Invoice For the following: Serviced furnaces for T. Jones. Amount: $ 1,400.00 plus HST. Terms: Net 30 8 Source Document: Cash Receipts For the following: Received payment on account from Tina Fey. Amount: $ 685.00 Cash Tendered Terms: 9 Source Document: Sales Invoice For the following: Sold and installed furnace for B. Graham. Furnace sold for $1,800, install cost of $2,200 Amount: $ 4,000.00 plus HST. Terms: Net 30 10 Source Document: Purchase Invoice For the following: Installation Inventory - purchased sheet metal fittings from R.W. Sheet Metal. Amount: $ 1,560.00 plus HST. Terms: Credit on account 11 Source Document: Sales Invoice For the following: Installed two outlets and electric water heater for M. Jordan. Water heater sale price is $325.00. Amount: $ 1,010.00 plus HST. Terms: Cash Receipts (M. Jordan paid in cash). 15 Source Document: Memo For the following: Owner M. Smith took installation supplies for own use. Amount: $ 350.00 plus HST. Terms: N/A
15 . Source Document: Purchase Invoice For the following: Delivery costs of installation inventory shipped to us at our expense. Amount: $ 108.50 plus HST. Terms: Cash Tendered 15 Source Document: Cheque Copy For the following: Payment on account to Lenny Page Plowing. Amount: $ 172.50 Terms: Cash 31 Source Document: Bank Memo For the following: Received a charge for bank fees for December Amount: $ 38.50 Terms: Cash Tendered 31 Source Document: Cheque Copy For the following: Purchased supplies. Amount: Terms: Cash Tendered $ 104.75 plus HST.
Journalize the following ten transactions for Smith Heating and Electric. Remember that Smith Heating and Electric uses
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