End of Month Posting - Manual Accounting Practice Set

This page is a feedback page for the end of month posting procedure in manual accounting. Learn how to transfer the totals from special journals to general ledger accounts. The page contains special journals, instructions, and feedback. The subject is accounting, and the course code is not mentioned. The course name and university are not mentioned either.

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Manual Accounting Practice Set
Tech Head, Australasian Edition 3
Feedback: End of month posting
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you have reviewed your feedback page, click Continue at the bottom of this page to move on to the next page of your practice set.
Now that you have completed the June bank reconciliation process, you are ready to perform the end of month posting procedure. The
purpose of this end of month posting is to transfer the totals from the special journals to the appropriate general ledger accounts so that the
balances in those ledger accounts reflect all of the transactions that occurred throughout the period.
Instructions for end of month posting
Total the remaining columns in the special journals. Record the amount in the Total row of each journal.
Post the totals of the remaining columns in the special journals to their corresponding ledger account. To confirm that the posting has
been performed, a posting reference is recorded in the last row of the special journals. If the total of a column is not required to be
posted, you need to record an X in the post reference field for that column.
Record the final unadjusted balance of each ledger account in the Unadjusted Balance row of each ledger, even for ledgers with a balance
of zero. Although each ledger already has a running balance, the Unadjusted Balance row must still be filled out in order to receive full
points.
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Enter all answers to the nearest whole dollar.
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Special Journals General Journal Subsidiary Ledgers General Ledger
(Q=811.salesJournalEndMonth)
SALES JOURNAL
Date Account Invoice
No.
Post
Ref.
Accounts
Receivable Cost of Sales
1)
2)
3)
Show All

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Jun 10 ARC - Radio Hut 487 110-3 12,616 7,752
Jun 17 ARC - Jerry Technology 488 110-5 5,808 2,832
Jun 23 ARC - Jerry Technology 489 110-5 179,568 111,960
Jun 25 ARC - Pikea 490 110-6 36,784 21,056
Jun
Jun
Jun
Jun
Total 234776 143600
Post Reference ( 110 ) / ( 400 ) ( 500 ) / ( 120 )
Feedback
SALES JOURNAL
Date Account Invoice
No.
Post
Ref.
Accounts
Receivable
Cost of
Sales
Jun 10 ARC - Radio Hut 487 110-3 12,616 7,752
Jun 17 ARC - Jerry Technology 488 110-5 5,808 2,832
Jun 23 ARC - Jerry Technology 489 110-5 179,568 111,960
Jun 25 ARC - Pikea 490 110-6 36,784 21,056
Total 234,776 143,600
Post Reference (110)/(400) (500)/(120)
(Q=812.purchasesJournalEndMonth)
PURCHASES JOURNAL
Date Account Terms Post
Ref. Accounts Payable
Jun 9 APC - JCN Electrical net 30 210-6 21,352
Jun 17 APC - Moon Megasystems 2/10, n/30 210-1 34,600
Jun 18 APC - Mega Tech net 30 210-5 8,024
Jun 29 APC - Big Telco 2/10, n/30 210-4 23,528
Jun
Jun
Jun
Jun
Total 87504
Post Reference ( 120 ) / ( 210 )
Feedback
PURCHASES JOURNAL
Date Account Terms Post
Ref.
Accounts
Payable
Jun 9 APC - JCN Electrical net 30 210-6 21,352
Jun 17 APC - Moon Megasystems 2/10, n/30 210-1 34,600

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Jun 18 APC - Mega Tech net 30 210-5 8,024
Jun 29 APC - Big Telco 2/10, n/30 210-4 23,528
Total 87,504
Post Reference (120)/(210)
(Q=813.cashReceiptsJournalEndMonth)
CASH RECEIPTS JOURNAL
Date Account Post
Ref.
Debit Credit
Cost of SalesCash at
Bank
Discount
Allowed
Sales
Revenue
Accounts
Receivable
Other
Accounts
Jun 3 ARC - Jerry Technology 110-5 3,799 3,799
Jun 10 ARC - Turbo Tech 110-1 4,131 459 4,590
Jun 13 Sales Revenue X 3,072 3,072 1,408
Jun 16 ARC - Pikea 110-6 2,200 2,200
Jun 20 Sales Revenue X 49,056 49,056 34,120
Jun 24 ARC - Radio Hut 110-3 20,098 20,098
Jun 27 Sales Revenue X 22,576 22,576 13,872
Jun 29 ARC - Handys Electronics 110-4 4,544 4,544
Jun 29 Sales Revenue X 21,504 21,504 12,256
Jun 30 ARC - Pikea 110-6 -2,200 -2,200
Jun 30 Interest Revenue 403 772 772
Jun
Jun
Jun
Jun
Jun
Jun
Total 129,552 469 96208 33031 772 61656
Post Reference (100) ( 573 ) ( 400 ) ( 110 ) ( x ) ( 500 ) / ( 120 )
Feedback
CASH RECEIPTS JOURNAL
Date Account Post
Ref.
Debit Credit Cost of
SalesCash at
Bank
Discount
Allowed
Sales
Revenue
Accounts
Receivable
Other
Accounts
Jun 3 ARC - Jerry Technology 110-5 3,799 3,799
Jun 10 ARC - Turbo Tech 110-1 4,131 459 4,590
Jun 13 Sales Revenue X 3,072 3,072 1,408
Jun 16 ARC - Pikea 110-6 2,200 2,200
Jun 20 Sales Revenue X 49,056 49,056 34,120
Jun 24 ARC - Radio Hut 110-3 20,098 20,098
Jun 27 Sales Revenue X 22,576 22,576 13,872
Jun 29 ARC - Handys Electronics 110-4 4,544 4,544
Jun 29 Sales Revenue X 21,504 21,504 12,256
Jun 30 ARC - Pikea 110-6 -2,200 -2,200
Jun 30 Interest Revenue 403 772 772

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Total 129,552 459 96,208 33,031 772 61,656
Post reference (100) (573) (400) (110) (X) (500)/(120)
(Q=814.cashPaymentsJournalEndMonth)
CASH PAYMENTS JOURNAL
Date Account Cheque
No.
Post
Ref.
Debit Credit
Accounts
Payable Inventory Wages
Expense
Other
Accounts
Cash at
Bank
Discount
Received
Jun 1 Prepaid Rent 651 140 8,600 8,600
Jun 2 Electricity Payable 652 221 783 783
Jun 4 Wages Payable 653 220 5,248 7,429 12,677
Jun 5 Office Supplies 654 130 488 488
Jun 6 APC - JCN Electrical 655 210-6 3,633 3,633
Jun 11 APC - Pony 656 210-2 4,900 4,851 49
Jun 11 Wages Expense 657 X 12,623 12,623
Jun 12 APC - Moon Megasystems 658 210-1 4,900 4,900
Jun 14 APC - Mega Tech 659 210-5 2,548 2,548
Jun 18 Wages Expense 660 X 13,362 13,362
Jun 23 APC - Moon Megasystems 661 210-1 34,600 33,908 692
Jun 25 Wages Expense 662 X 13,452 13,452
Jun 30 Inventory 663 X 12,672 12,672
Jun 30 Salary Expense 664 545 4,000 4,000
Jun 30 Bank Charges X 572 8 8
Jun
Jun
Jun
Jun
Jun
Jun
Total 50581 12672 44685 21308 128,505 741
Post Reference ( 210 ) ( 120 ) ( 516 ) ( x ) (100) ( 402 )
Feedback
CASH PAYMENTS JOURNAL
Date Account Cheque
No.
Post
Ref.
Debit Credit
Accounts
Payable Inventory Wages
Expense
Other
Accounts
Cash at
Bank
Discount
Received
Jun 1 Prepaid Rent 651 140 8,600 8,600
Jun 2 Electricity Payable 652 221 783 783
Jun 4 Wages Payable 653 220 5,248 7,429 12,677
Jun 5 Office Supplies 654 130 488 488
Jun 6 APC - JCN Electrical 655 210-6 3,633 3,633
Jun 11 APC - Pony 656 210-2 4,900 4,851 49
Jun 11 Wages Expense 657 X 12,623 12,623
Jun 12 APC - Moon Megasystems 658 210-1 4,900 4,900
Jun 14 APC - Mega Tech 659 210-5 2,548 2,548

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Jun 18 Wages Expense 660 X 13,362 13,362
Jun 23 APC - Moon Megasystems 661 210-1 34,600 33,908 692
Jun 25 Wages Expense 662 X 13,452 13,452
Jun 30 Inventory 663 X 12,672 12,672
Jun 30 Salary Expense 664 545 4,000 4,000
Jun 30 Bank Charges X 572 8 8
Total 50,581 12,672 44,685 21,308 128,505 741
Post reference (210) (120) (516) (X) (100) (402)
(Q=815-100.CashAtBank_endMonth)
GENERAL LEDGER
Account: Cash at Bank
Account No. 100
Date Description Ref. Debit Credit Balance
May 31 Balance 95,906 DR
Jun 30 Total from cash receipts journal CRJ 129,552 225,458 DR
Jun 30 Total from cash payments journal CPJ 128,505 96,953 DR
Jun 30
Jun 30
Jun 30
Jun 30 Unadjusted Balance 96953 DR
Feedback
Account: Cash at Bank
Account No. 100
Date Description Ref. Debit Credit Balance
May 31 Balance 95,906 DR
Jun 30 Total from cash receipts journal CRJ 129,552 225,458 DR
Jun 30 Total from cash payments journal CPJ 128,505 96,953 DR
Jun 30 Unadjusted Balance 96,953 DR
(Q=815-110-0.ARControl_endMonth)
Account: ARC - Accounts Receivable Control
Account No. 110
Date Description Ref. Debit Credit Balance
May 31 Balance 34,967 DR
Jun 20 Sales return from Radio Hut GJ 5,976 28,991 DR
Jun 30 SJ 234776 0 263767 DR
Jun 30 CRJ 0 33031 230736 DR
Jun 30
Jun 30
Jun 30 Unadjusted Balance 230736 DR
Feedback
Account: ARC - Accounts Receivable Control
Account No. 110
total from sales jaorn
toatl from cash recipt

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Date Description Ref. Debit Credit Balance
May 31 Balance 34,967 DR
Jun 20 Sales return from Radio Hut GJ 5,976 28,991 DR
Jun 30 Total from sales journal SJ 234,776 263,767 DR
Jun 30 Total from cash receipts journal CRJ 33,031 230,736 DR
Jun 30 Unadjusted Balance 230,736 DR
(Q=815-120.Inventory_endMonth)
Account: Inventory
Account No. 120
Date Description Ref. Debit Credit Balance
May 31 Balance 214,336 DR
Jun 20 Sales return from Radio Hut GJ 3,672 218,008 DR
Jun 28 Purchase return to Mega Tech GJ 2,832 215,176 DR
Jun 30 SJ 0 143600 71576 DR
Jun 30 PJ 87504 0 159080 DR
Jun 30 cash recipt jaurnal CRJ 0 61656 97424 DR
Jun 30 CPJ 50581 0 148005 DR
Jun 30 Unadjusted Balance 148005 DR
Feedback
Account: Inventory
Account No. 120
Date Description Ref. Debit Credit Balance
May 31 Balance 214,336 DR
Jun 20 Sales return from Radio Hut GJ 3,672 218,008 DR
Jun 28 Purchase return to Mega Tech GJ 2,832 215,176 DR
Jun 30 Total from sales journal SJ 143,600 71,576 DR
Jun 30 Total from purchases journal PJ 87,504 159,080 DR
Jun 30 Total from cash receipts journal CRJ 61,656 97,424 DR
Jun 30 Total from cash payments journal CPJ 12,672 110,096 DR
Jun 30 Unadjusted Balance 110,096 DR
(Q=815-210-0.APControl_endMonth)
Account: APC - Accounts Payable Control
Account No. 210
Date Description Ref. Debit Credit Balance
May 31 Balance 47,757 CR
Jun 28 Purchase return to Mega Tech GJ 2,832 44,925 CR
Jun 30 purchase jaurnal PJ 0 87504 132429 CR
Jun 30 CPJ 50581 0 81848 CR
Jun 30
Jun 30
Jun 30 Unadjusted Balance 81848 CR
Feedback
total from sales jaurn
total from purchae jau
cash payment jaurna
cash payment jaouna

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Account: APC - Accounts Payable Control
Account No. 210
Date Description Ref. Debit Credit Balance
May 31 Balance 47,757 CR
Jun 28 Purchase return to Mega Tech GJ 2,832 44,925 CR
Jun 30 Total from purchases journal PJ 87,504 132,429 CR
Jun 30 Total from cash payments journal CPJ 50,581 81,848 CR
Jun 30 Unadjusted Balance 81,848 CR
(Q=815-400.SalesRevenue_endMonth)
Account: Sales Revenue
Account No. 400
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 sales jaurnal SJ 0 234776 234776 CR
Jun 30 cash recipt CRJ 0 33031 267807 CR
Jun 30
Jun 30 Unadjusted Balance 267807 CR
Feedback
Account: Sales Revenue
Account No. 400
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 Total from sales journal SJ 234,776 234,776 CR
Jun 30 Total from cash receipts journal CRJ 96,208 330,984 CR
Jun 30 Unadjusted Balance 330,984 CR
(Q=815-401.SalesReturns_endMonth)
Account: Sales Returns and Allowances
Account No. 401
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 20 Sales return from Radio Hut GJ 5,976 5,976 DR
Jun 30
Jun 30
Jun 30
Jun 30 Unadjusted Balance 5976 DR
Feedback
Account: Sales Returns and Allowances
Account No. 401
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 20 Sales return from Radio Hut GJ 5,976 5,976 DR
Jun 30 Unadjusted Balance 5,976 DR

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(Q=815-402.DiscountReceived_endMonth)
Account: Discount Received
Account No. 402
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 CPJ 0 741 741 CR
Jun 30
Jun 30
Jun 30 Unadjusted Balance 741 CR
Feedback
Account: Discount Received
Account No. 402
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 Total from cash payments journal CPJ 741 741 CR
Jun 30 Unadjusted Balance 741 CR
(Q=815-500.CostOfSales_endMonth)
Account: Cost of Sales
Account No. 500
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 20 Sales return from Radio Hut GJ 3,672 3,672 CR
Jun 30 total fromsales SJ 143600 0 139928 DR
Jun 30 toatl from cash recipt CRJ 61656 0 201584 DR
Jun 30
Jun 30 Unadjusted Balance 201584 DR
Feedback
Account: Cost of Sales
Account No. 500
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 20 Sales return from Radio Hut GJ 3,672 3,672 CR
Jun 30 Total from sales journal SJ 143,600 139,928 DR
Jun 30 Total from cash receipts journal CRJ 61,656 201,584 DR
Jun 30 Unadjusted Balance 201,584 DR
(Q=815-516.WagesExpense_endMonth)
Account: Wages Expense
Account No. 516
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 cash payment CPJ 44685 0 44685 DR
total from cash paym

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Jun 30
Jun 30
Jun 30 Unadjusted Balance 44685 DR
Feedback
Account: Wages Expense
Account No. 516
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 Total from cash payments journal CPJ 44,685 44,685 DR
Jun 30 Unadjusted Balance 44,685 DR
(Q=815-573.DiscountAllowed_endMonth)
Account: Discount Allowed
Account No. 573
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 cash recipt CRJ 469 0 469 DR
Jun 30
Jun 30
Jun 30 Unadjusted Balance 469 DR
Feedback
Account: Discount Allowed
Account No. 573
Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 Total from cash receipts journal CRJ 459 459 DR
Jun 30 Unadjusted Balance 459 DR
Manual Accounting Practice Set
Tech Head, Australasian Edition 3 (VSA3q)
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