157. The Skyview Company uses a sales journal, purchases journal, cash receipts journal, cash disbursements journal, and general journal. They use theperiodicinventory method. The following purchase and cash payments transactions occurred during the month of December:
Dec.
8
Purchased merchandise on credit for $1,800 from the Wexler Co., terms 2/10, n/30. Invoice dated December 8.
17
Paid amount owed to Wexler Co. from December 8 purchase, Check No. 1011.
27
Paid $400 cash for monthly rent to Iowa Properties, Check No. 1012.
31
Purchased equipment for $3,055 from Gore Corp., Check No. 1013.
Record these transactions using the journals below.
Purchases JournalPage 20
Date
Account
Date of Invoice
Terms
PR
Accounts Payable Cr.
Inventory Dr.
Office Supplies Dr.
Other Accounts Dr.
Ck. No.
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