NAME Moravian Products Inc.
ADDRESS 46 W. Main St.
Date Item
Post.
Ref. Debit Credit Balance
Aug. 1 Balance 1,200
10 Invoice 119 R24 750 1,950
17 Invoice 106 CR46 610 1,340
Describe each transaction and the source of each posting
Answer:
Aug. 10. Provided $750 services on account to Moravian Products Inc., itemized
on Invoice No. 119. Amount posted from page 24 of the revenue journal.
17. Collected cash of $610 from Moravian Products Inc. (Invoice No. 106).
Amount posted from page 46 of the cash receipts journal.
