NAME Matrix Communications Inc.
ADDRESS 76 Oak Ridge Rd.
Date Item
Post.
Ref. Debit Credit Balance
May 1 Balance 280
20 Invoice 527 CR106 100 180
27 Invoice 529 R92 90 270
Describe each transaction and the source of each posting.
Answer:
May 20. Collected cash of $100 from Matrix Communications Inc. (Invoice No. 527).
Amount posted from page 106 of the cash receipts journal.
27. Provided $90 of services on account to Matrix Communications Inc.,
itemized on Invoice No. 579. Amount posted from page 92 of the revenue
journal.