Manual Accounting Practice Set

Coffee & Café Supplier, US GAAP Edition 3

Feedback: End of month posting

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Awarded Total
Points (prior to this page) 386 449
Points (on this page) 146 146
Points (after this page) ! 531
Total 532 1,126

Completed: 44% (approximately)

Remaining pages will take: up to 10 hours
The time frames we provide are a guide only. It may
take you more or less time to complete each step.

Now that you have finished recording all of the transactions for the month of June, 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

1) Total the columns in the special journals. Record the amount in the Total row of each journal.

2) Post the totals of the 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.

3) 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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Show All Special Journals General Journal Subsidiary Ledgers General Ledger
(Q=811.salesJournalEndMonth)

SALES JOURNAL

Invoice Post
Date Account Amount
No. Ref.
Jun 7 ARC - Jandesh's Hot Spot 501 110-3 2,982
Jun 11 ARC - Con's Coffee 502 110-6 505
Jun 17 ARC - Central Coffee 503 110-5 2,464
Jun 23 ARC - Con's Coffee 504 110-6 226

Jun

Jun

Jun

Jun

Total 6177

Post Reference ( 110 ) / ( 400 )

Feedback

SALES JOURNAL

Invoice Post
Date Account Amount
No. Ref.
 Jun 7 ARC - Jandesh's Hot Spot 501 110-3 2,982
Jun 11 ARC - Con's Coffee 502 110-6 505
Jun 17 ARC - Central Coffee 503 110-5 2,464
Jun 23 ARC - Con's Coffee 504 110-6 226
Total 6,177

Post Reference (110)/(400)

(Q=812.purchasesJournalEndMonth)

PURCHASES JOURNAL

Post
Date Account Terms Amount
Ref.
Jun 1 APC - Dominga Wholesalers net 30 210-3 537
Jun 4 APC - Croup Coffee 2/10, n/30 210-1 1,890
Jun 30 APC - East Tangiers Co-op. 2/10, n/30 210-4 1,260

Jun

Jun

Jun

Jun

Total 3687

Post Reference ( 210 ) / ( 500 )

Feedback

PURCHASES JOURNAL

Post
Date Account Terms Amount
Ref.
Jun 1 APC - Dominga Wholesalers net 30 210-3 537
Jun 4 APC - Croup Coffee 2/10, n/30 210-1 1,890
Jun 30 APC - East Tangiers Co-op. 2/10, n/30 210-4 1,260
Total 3,687
Post Reference (210)/(500)

(Q=813.cashReceiptsJournalEndMonth)

CASH RECEIPTS JOURNAL

Debit Credit
Post
Date Account Sales Sales Accounts Other
Ref. Cash
Discounts Revenue Receivable Accounts

Jun 1 Bank Loan Payable 250 48,000 48,000

Jun 6 Sales Revenue X 8,449 8,449
Jun 9 ARC - Quick Bolt Coffee 110-1 1,524 80 1,604
Jun 13 Sales Revenue X 9,455 9,455
Jun 17 ARC - Con's Coffee 110-6 300 300
Jun 18 ARC - Jandesh's Hot Spot 110-3 3,259 3,259
Jun 20 Sales Revenue X 10,402 10,402
Jun 27 Sales Revenue X 11,990 11,990
Jun 29 ARC - KavaJava 110-4 1,355 1,355
Jun 30 Sales Revenue X 4,365 4,365

Jun

Jun

Jun

Jun

Jun

Jun

Total 99099 80 44661 6518 48000

Post Reference ( 100 ) ( 402 ) ( 400 ) ( 110 ) ( X)

Feedback

CASH RECEIPTS JOURNAL

Debit Credit
Post
Date Account Sales Sales Accounts Other
Ref. Cash
Discounts Revenue Receivable Accounts

Jun 1 Bank Loan Payable 250 48,000 48,000

Jun 6 Sales Revenue X 8,449 8,449
Jun 9 ARC - Quick Bolt Coffee 110-1 1,524 80 1,604
Jun 13 Sales Revenue X 9,455 9,455
Jun 17 ARC - Con's Coffee 110-6 300 300
Jun 18 ARC - Jandesh's Hot Spot 110-3 3,259 3,259
Jun 20 Sales Revenue X 10,402 10,402
Jun 27 Sales Revenue X 11,990 11,990
Jun 29 ARC - KavaJava 110-4 1,355 1,355
Jun 30 Sales Revenue X 4,365 4,365
Total 99,099 80 44,661 6,518 48,000
Post reference (100) (402) (400) (110) (X)

(Q=814.cashPaymentsJournalEndMonth)

CASH PAYMENTS JOURNAL

 Debit Credit
Check Post
Date Account No. Ref. Accounts Other Purchase
Purchases Cash
Payable Accounts Discounts

Jun 3 Purchases 603 X 1,596 1,596

Jun 5 APC - East Tangiers Co-op. 604 210-4 1,239 1,214 25
Jun 6 APC - Klam Wholesalers 605 210-2 2,167 2,145 22
Jun 11 APC - Abejundio Coffee 606 210-5 2,330 2,330
Jun 15 Wages Expense 607 516 5,506 5,506
Jun 23 APC - Dominga Wholesalers 608 210-3 2,463 2,463
Jun 26 APC - Croup Coffee 609 210-1 4,879 4,879
Jun 29 Wages Expense 610 516 5,155 5,155
Jun 30 Salary Expense 611 545 7,000 7,000

Jun

Jun

Jun

Jun

Jun

Jun

Total 13078 1596 17661 32288 47

Post Reference ( 210 ) ( 500 ) ( X) ( 100 ) ( 502 )

Feedback

CASH PAYMENTS JOURNAL

Debit Credit
Check Post
Date Account No. Ref. Accounts Other Purchase
Purchases Cash
Payable Accounts Discounts

Jun 3 Purchases 603 X 1,596 1,596

Jun 5 APC - East Tangiers Co-op. 604 210-4 1,239 1,214 25
Jun 6 APC - Klam Wholesalers 605 210-2 2,167 2,145 22
Jun 11 APC - Abejundio Coffee 606 210-5 2,330 2,330
Jun 15 Wages Expense 607 516 5,506 5,506
Jun 23 APC - Dominga Wholesalers 608 210-3 2,463 2,463
Jun 26 APC - Croup Coffee 609 210-1 4,879 4,879
Jun 29 Wages Expense 610 516 5,155 5,155
Jun 30 Salary Expense 611 545 7,000 7,000
Total 13,078 1,596 17,661 32,288 47
Post reference (210) (500) (X) (100) (502)

(Q=815-100.Cash_endMonth)
Account: Cash
Account No. 100

Date Description Ref. Debit Credit Balance

May 31 Balance 20,023 DR

Jun 30 Total from cash receipts journal CRJ 99099 0 119122 DR

Jun 30 Total from cash payments journal CPJ 0 32288 86834 DR

Jun 30

Jun 30 Unadjusted Balance 86834 DR

Feedback

Account: Cash
Account No. 100

Date Description Ref. Debit Credit Balance

May 31 Balance 20,023 DR
Jun 30 Total from cash receipts journal CRJ 99,099 119,122 DR
Jun 30 Total from cash payments journal CPJ 32,288 86,834 DR
Jun 30 Unadjusted Balance 86,834 DR

(Q=815-110-0.ARControl_endMonth)
Account: ARC - Accounts Receivable Control
Account No. 110

Date Description Ref. Debit Credit Balance

May 31 Balance 8,669 DR
Jun 13 Sales return from Jandesh's Hot Spot GJ 2,921 5,748 DR

Jun 30 Total from sales journal SJ 6177 0 11925 DR

Jun 30 Total from cash receipts journal CRJ 0 6518 5407 DR

Jun 30

Jun 30

Jun 30 Unadjusted Balance 5407 DR

Feedback

Account: ARC - Accounts Receivable Control

Account No. 110

Date Description Ref. Debit Credit Balance

May 31 Balance 8,669 DR

Jun 13 Sales return from Jandesh's Hot Spot GJ 2,921 5,748 DR
Jun 30 Total from sales journal SJ 6,177 11,925 DR
Jun 30 Total from cash receipts journal CRJ 6,518 5,407 DR
 Jun 30 Unadjusted Balance 5,407 DR

(Q=815-210-0.APControl_endMonth)
Account: APC - Accounts Payable Control
Account No. 210

Date Description Ref. Debit Credit Balance

May 31 Balance 12,904 CR

Jun 16 Purchase return to Dominga Wholesalers GJ 2,253 10,651 CR

Jun 30 Total from purchases journal PJ 0 3687 14338 CR

Jun 30 Total from cash payments journal CPJ 13078 0 1260 CR

Jun 30

Jun 30

Jun 30 Unadjusted Balance 1260 CR

Feedback

Account: APC - Accounts Payable Control

Account No. 210

Date Description Ref. Debit Credit Balance

May 31 Balance 12,904 CR

Jun 16 Purchase return to Dominga Wholesalers GJ 2,253 10,651 CR
Jun 30 Total from purchases journal PJ 3,687 14,338 CR
Jun 30 Total from cash payments journal CPJ 13,078 1,260 CR
Jun 30 Unadjusted Balance 1,260 CR

(Q=815-400.SalesRevenue_endMonth)
Account: Sales Revenue
Account No. 400

Date Description Ref. Debit Credit Balance

May 31 Balance 0

Jun 30 Total from sales journal SJ 0 6177 6177 CR

Jun 30 Total from cash receipts journal CRJ 0 44661 50838 CR

Jun 30

Jun 30 Unadjusted Balance 50838 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 6,177 6,177 CR
Jun 30 Total from cash receipts journal CRJ 44,661 50,838 CR
Jun 30 Unadjusted Balance 50,838 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 13 Sales return from Jandesh's Hot Spot GJ 2,921 2,921 DR

Jun 30

Jun 30

Jun 30

Jun 30 Unadjusted Balance 2921 DR

Feedback

Account: Sales Returns and Allowances

Account No. 401

Date Description Ref. Debit Credit Balance

May 31 Balance 0
Jun 13 Sales return from Jandesh's Hot Spot GJ 2,921 2,921 DR
Jun 30 Unadjusted Balance 2,921 DR

(Q=815-402.SalesDisc_endMonth)
Account: Sales Discounts
Account No. 402

Date Description Ref. Debit Credit Balance

May 31 Balance 0

Jun 30 Total from cash receipts journal CRJ 80 0 80 DR

Jun 30

Jun 30

Jun 30 Unadjusted Balance 80 DR

Feedback

Account: Sales Discounts

Account No. 402
 Date Description Ref. Debit Credit Balance
May 31 Balance 0
Jun 30 Total from cash receipts journal CRJ 80 80 DR
Jun 30 Unadjusted Balance 80 DR

(Q=815-500.Purchases_endMonth)
Account: Purchases
Account No. 500

Date Description Ref. Debit Credit Balance

May 31 Balance 0

Jun 30 Total from purchases journal PJ 3687 0 3687 DR

Jun 30 Total from cash payments CPJ 1596 0 5283 DR

Jun 30

Jun 30 Unadjusted Balance 5283 DR

Feedback

Account: Purchases
Account No. 500

Date Description Ref. Debit Credit Balance

May 31 Balance 0
Jun 30 Total from purchases journal PJ 3,687 3,687 DR
Jun 30 Total from cash payments journal CPJ 1,596 5,283 DR
Jun 30 Unadjusted Balance 5,283 DR

(Q=815-501.PurchaseReturns_endMonth)
Account: Purchase Returns and Allowances
Account No. 501

Date Description Ref. Debit Credit Balance

May 31 Balance 0
Jun 16 Purchase return to Dominga Wholesalers GJ 2,253 2,253 CR

Jun 30

Jun 30

Jun 30

Jun 30 Unadjusted Balance 2253 CR

Feedback

Account: Purchase Returns and Allowances

Account No. 501
 Date Description Ref. Debit Credit Balance

May 31 Balance 0
Jun 16 Purchase return to Dominga Wholesalers GJ 2,253 2,253 CR
Jun 30 Unadjusted Balance 2,253 CR

(Q=815-502.PurchaseDisc_endMonth)
Account: Purchase Discounts
Account No. 502

Date Description Ref. Debit Credit Balance

May 31 Balance 0

Jun 30 Total from cash payments journal CPJ 0 47 47 CR

Jun 30

Jun 30

Jun 30 Unadjusted Balance 47 CR

Feedback

Account: Purchase Discounts

Account No. 502

Date Description Ref. Debit Credit Balance

May 31 Balance 0
Jun 30 Total from cash payments journal CPJ 47 47 CR
Jun 30 Unadjusted Balance 47 CR

Manual Accounting Practice Set

Coffee & Café Supplier, US GAAP Edition 3 (VCU3m)
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