CASH PAYMENTS TRANSACTIONS Kay Zembrowski operates a retail variety store. The books include a general journal and an accounts payable ledger. Selected account balances on May 1 are as follows:
The following transactions are related to cash payments for the month of May:
May 1Â Â Â Â Issued Check No. 326 in payment of May rent (Rent Expense), $2,600.
4Â Â Â Â Issued Check No. 327 to Cortez Distributors in payment of merchandise purchased on account, $4,200, less a 3% discount. Check was written for $4,074.
7Â Â Â Â Issued Check No. 328 to Indra & Velga in partial payment of merchandise purchased on account, $6,200. A cash discount was not allowed.
11Â Â Â Â Issued Check No. 329 to Toy Corner for merchandise purchased on account, $4,600, less a 1% discount. Check was written for $4,554.
15Â Â Â Â Issued Check No. 330 to County Power and Light (Utilities Expense), $1,500.
19Â Â Â Â Issued Check No. 331 to Builders Warehouse for a cash purchase of merchandise, $3,500.
25Â Â Â Â Issued Check No. 332 to Troutman Outlet for merchandise purchased on account, $4,400, less a 2% discount. Check was written for $4,312.
May 30Â Â Â Â Issued Check No. 333 to Rapid Transit Company for freight charges on merchandise purchased (Freight-In), $800.
31Â Â Â Â Issued Check No. 334 to City Merchants for a cash purchase of merchandise, $2,350.
Required
Corporate Financial Accounting
Accounting Information Systems
Financial & Managerial Accounting
Financial And Managerial Accounting
Financial Accounting
Fundamentals of Financial Management (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Foundations of Business (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Economics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Management, Loose-Leaf Version
Essentials of Economics (MindTap Course List)
Contemporary Marketing
College Accounting (Book Only): A Career Approach
Managerial Accounting: The Cornerstone of Business Decision-Making
Financial Accounting
Intermediate Accounting: Reporting And Analysis
Accounting Information Systems
Financial & Managerial Accounting
MKTG 12:STUDENT ED.-TEXT
Accounting (Text Only)
College Accounting (Book Only): A Career Approach
Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Exploring Economics
Pkg Acc Infor Systems MS VISIO CD
Fundamentals of Financial Management (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
Corporate Financial Accounting
Survey of Accounting (Accounting I)
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Macroeconomics
Economics (MindTap Course List)
Practical Management Science
Cornerstones of Cost Management (Cornerstones Series)
Purchasing and Supply Chain Management
Economics For Today
Microeconomics
Cornerstones of Financial Accounting
Managerial Accounting
MACROECONOMICS FOR TODAY
Macroeconomics: Private and Public Choice (MindTap Course List)
Principles of Microeconomics
Microeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)