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Record the Following Transactions for the Month of June 2013 \quad

question 32

Essay

Record the following transactions for the month of June 2013 on page 23 of a cash receipts journal. Total, prove, and rule the cash receipts journal as of June 30. June 4 \quad Collected $700\$ 700 from Tom Whitney, a credit customer on account.
9 \quad\quad\quad Laurie Bradley, the owner, invested an additional $10,000\$ 10,000 cash in the business.
10 \quad\quad\quad Received a cash refund of $60\$ 60 for damaged supplies.
21 \quad\quad Received a check from Scott White to pay his $1,400\$ 1,400 promissory note plus interest of $82\$ 82 .
26 \quad\quad Had cash sales of $1,100\$ 1,100 plus sales tax of $77\$ 77 . There was a cash overage of $10\$ 10 .  Record the following transactions for the month of June 2013 on page 23 of a cash receipts journal. Total, prove, and rule the cash receipts journal as of June 30. June 4  \quad Collected  \$ 700  from Tom Whitney, a credit customer on account. 9  \quad\quad\quad Laurie Bradley, the owner, invested an additional  \$ 10,000  cash in the business. 10  \quad\quad\quad Received a cash refund of  \$ 60  for damaged supplies. 21  \quad\quad Received a check from Scott White to pay his  \$ 1,400  promissory note plus interest of  \$ 82 . 26 \quad\quad  Had cash sales of  \$ 1,100  plus sales tax of  \$ 77 . There was a cash overage of  \$ 10 .


Definitions:

Open Membership

A policy allowing anyone interested to join a group or organization without restrictions or prerequisites.

Cohesive

Possessing the ability to stick together or form a unified whole, often referring to the unity or bond within a group or organization.

Group Think

A phenomenon where a group's desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Individual

Pertaining to a single person or thing, separate from others, emphasizing the importance of personal identity.

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