134.The following purchase transactions occurred during August for Backcountry Kayak Excursions.
Aug. 1 Purchased kevlar kayaks (equipment) for $5,600 on account from Gear Inc.
6 Purchased kayaks paddles (supplies) for $3,250 on account from Southland Company.
14 Purchased life vests (supplies) for $2,500 on account from Gear Inc.
Record these transactions in a purchase journal.
Purchases Journal
Date
AccountCredited
Post.Ref.
AccountsPayableCr.
SuppliesDr.OtherAccountsDr.
Post. Ref.
Amount
135.For each of the following businesses, explain how a purchase journal might be modified for the specific business.
1.North County Medical Center
2.Tri-County Farms, Inc.
3. Prescott’s Quick Lube and Tire Store
136.For each of the following businesses, explain how a revenue journal might be modified for the specific business.
1. Jon’s Auto Repair Business
2.Esquire Movie Theater
3.Beach Hut Snack Bar, Restaurant, and Lounge