Purchases Journal Instructions Chart of Accounts Supplier List Purchase Journal General Ledger Instructions Ann Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October: Oct. 2 Purchase Invoice No. 321, $1,950, from Boggs Distributors. Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler. 7 10 Purchase Invoice No. 634, $3,565, from Komuro & Co. 16 Purchase Invoice No. 349, $2,845, from Fritz & McCord, Inc. 24 Purchase Invoice No. 587, $3,370, from Boggs Distributors. 26 Purchase Invoice No. 764, $2,240, from Sanderson Company. 31 Purchase Invoice No. 672, $1,630, from Wolfs Wholesaler. Required: 1. Record the transactions in the purchases journal. Total the journal. 2. Post from the purchases journal to the general ledger and accounts payable ledger accounts.
Purchases Journal Instructions Chart of Accounts Supplier List Purchase Journal General Ledger Instructions Ann Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October: Oct. 2 Purchase Invoice No. 321, $1,950, from Boggs Distributors. Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler. 7 10 Purchase Invoice No. 634, $3,565, from Komuro & Co. 16 Purchase Invoice No. 349, $2,845, from Fritz & McCord, Inc. 24 Purchase Invoice No. 587, $3,370, from Boggs Distributors. 26 Purchase Invoice No. 764, $2,240, from Sanderson Company. 31 Purchase Invoice No. 672, $1,630, from Wolfs Wholesaler. Required: 1. Record the transactions in the purchases journal. Total the journal. 2. Post from the purchases journal to the general ledger and accounts payable ledger accounts.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter12: Special Journals
Section: Chapter Questions
Problem 9SPA: PURCHASES JOURNAL J. B. Speck, owner of Specks Galleria, made the following purchases of merchandise...
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