6.

1A Claypool Hardware
General Journal
For the period Dec 31,2012
Date Particular
5-Nov Account Receivables
Sales
5-Nov C.O.G.S
Invetory
9-Nov Inventory
Account Payable
5-Dec Cash
Account Receivable
9-Dec Account Payable
Cash
31-Dec C.O.G.S
Inventory

Adjust COGS
As per accounting
As per physical count

6.4A Lamprino Appliances

General Journal
For the period Dec 31,2012
Date Particular
10-Jun Inventory
Account Payable
15-Jun Cash
Inventory
15-Jun COGS
Inventory
20-Jun Account Payable

2
10-Jun Inventory
Account Payable
15-Jun Cash
Inventory
15-Jun COGS
 Inventory
20-Jun Account Payable
Cash
Purchase Discount
PART B
10-Jun Account Payable
Inventory
Purchase Discount
ol Hardware
al Journal
od Dec 31,2012
Debit Credit
13390.00
13390.00
9105.00
9105.00
3800.00
3800.00
13390.00
13390.00
3800.00
3800.00
1710.00
1710.00

183790.00
182080.00
1710.00

o Appliances
al Journal
od Dec 31,2012
Debit Credit
2940.00
2940.00
450.00
450.00
300.00
300.00
2940.00
3800.00

3000.00
3000.00
450.00
450.00
300.00
 300.00
3000.00
2940.00
60.00

3000.00
2940.00
60.00

6.1E+09 MICRO WEI 5 EA

 Sales 226000.00
less: Sales returns 2500.00
Net Sales 223500.00
SABBAS 3/18/2020 less: COGS 100575.00
Gross Profit 122925.00
less: Purchase discount loss 250.00
less: Utilities Expense 4120.00
less: O.S Expense 520.00
less: Depriciation Expense O.S 2750.00
less: Rent Expense 6100.00
less: Insurance Expense 900.00
less: Salary Expense 88095.00
102735.00
EBIT 20190.00
Income Tax Expense 8190.00
Profit 12000.00