Assignment Scenario In this assignment, you will be entering the cash transaction and completing reversing...
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Accounting
Assignment Scenario In this assignment, you will be entering the cash transaction and completing reversing entries for Chelsea, Chocolates. This company is in Victoria, British Columbia, is a sole proprietorship owned and operated by Chelsea Truffles. After finishing high school in Victoria Chelsea pursued here dream. She studied at one of Belgiums culinary schools specializing in candy and apprenticed with several famous Belgian chocolatiers to build experience. Then she returned to Victoria and started her business. She operates a cash business all customers pay at the time of sale, mostly in cash. A few customers with large orders pay by cheque. Chelsea always pays by cheque for merchandise purchase.
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