The credit purchases of Fine Ventures for the month of June 2020 are stated below. You are required to prepare the purchases day book of the business for the month. (vi) June 2 purchases from Musa 50,000 IQD (vii) June 5 purchases from Mrs. Hauwa 60, 000 IQD (viii) June 11 purchases of goods from Mr. Tijani 70,540 IQD (ix) June 13 purchases from Big Box Enterprises 100,900 IQD (x) June 21 purchases from Safiya Investment 170,000 IQD (xi) June 23 purchases from Obi Limited 88,800 IQD (xii) June 27 purchases from Umar and Co.75,000 IQD (xiii) June 30 purchases from Juma 700,900 IQD

The credit purchases of Fine Ventures for the month of June 2020 are stated below. You are required to prepare the purchases day book of the business for the month. (vi) June 2 purchases from Musa 50,000 IQD (vii) June 5 purchases from Mrs. Hauwa 60, 000 IQD (viii) June 11 purchases of goods from Mr. Tijani 70,540 IQD (ix) June 13 purchases from Big Box Enterprises 100,900 IQD (x) June 21 purchases from Safiya Investment 170,000 IQD (xi) June 23 purchases from Obi Limited 88,800 IQD (xii) June 27 purchases from Umar and Co.75,000 IQD (xiii) June 30 purchases from Juma 700,900 IQD

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter17: Advanced Issues In Revenue Recognition

Section: Chapter Questions

Problem 11RE

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