Hulse’s sales journal for January shows a total
by | Mar 18, 2020 | Uncategorized
Hulse’s sales journal for January shows a total of $110,224 in the selling price column, and its one-column purchases journal for January shows a total of $77,432.
The column totals in Hulse’s cash receipts journal are: Cash Dr. $61,636; Sales Discounts Dr. $2,172; Accounts Receivable Cr. $44,747; Sales Revenue Cr. $6,589; and Other Accounts Cr. $12,472.
The column totals in Hulse’s cash payments journal for January are: Cash Cr. $54,605; Inventory Cr. $2,871; Accounts Payable Dr. $46,376; and Other Accounts Dr. $11,100. Hulse’s total cost of goods sold for January is $63,375.
Accounts Payable, Accounts Receivable, Cash, Inventory, and Sales Revenue are not involved in the “Other Accounts” column in either the cash receipts or cash payments journal, and are not involved in any general journal entries.
Compute the January 31 balance for Hulse in the following accounts.
Why work with us?
All of our papers are authentic, as each paper of ours is composed according to your unique requirements.
We value you data. Our company is extremely efficient in guarding the privacy of our clients.
100% Money Back Guarantee:
In the event you cancel your order, you get your money back as soon as possible, we give a 100% refund.
Our team members are available via email, live chat, and phone.
You can apply for a revision if you think your paper could be better. In this case, your paper will be revised either by the specialist assigned to you or by another writer.
How the Platform Works
- Click on 'Place Your Order' tab on the menu or click on 'Order Now' tab at the bottom and a new order page will appear
- Fill in your requirements depending on your needs under the 'PAPER DETAILS' area
- In the next section, fill in the academic level, required number of pages, paper deadline as provided in the drop-down menus.
- To enter your registration details, click on 'CREATE ACCOUNT & SIGN IN'. This step allows you to create an account with us for purposes of record-keeping. Click on 'PROCEED TO CHECK OUT' at the bottom of the page
- The next section requires you to fill in the payment details. Follow the guided process and soon your order will be available for our team to work on.