Accounting Sales Revenue, Assignment Homework Help

Relax! Stop worrying about deadlines and let our professional writers help you. Hire an essay writer helper and receive a professional assignment before your deadline. We provide writing services for all types of academic assignments.

Order a Similar Paper Order a Different Paper

Selected account balances for Hulse Company at January 1, 2014, are presented below.

Accounts Payable  $14,368

Accounts Receivable 22,026

Cash  16,703

Inventory  13,907

Hulse’s sales journal for January shows a total of $110,085 in the selling price column, and its one-column purchases journal for January shows a total of $77,656.

The column totals in Hulse’s cash receipts journal are: Cash Dr. $61,658; Sales Discounts Dr. $1,018; Accounts Receivable Cr. $44,215; Sales Revenue Cr. $5,078; and Other Accounts Cr. $13,383.

The column totals in Hulse’s cash payments journal for January are: Cash Cr. $54,977; Inventory Cr. $2,612; Accounts Payable Dr. $45,081; and Other Accounts Dr. $12,508. Hulse’s total cost of goods sold for January is $62,055.

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 account.

(e) Sales Revenue $

Great students hand in great papers. Order our essay service if you want to meet all the deadlines on time and get top grades. Professional custom writing is the choice of goal-focused students. Word on the online streets is... we're simply the best!

Get a 15% discount on your order using the following coupon code SAVE15

Order a Similar Paper Order a Different Paper