Journalise transactions in multi-column purchase journal The chart of accounts of Gibson Ltd includes the following selected accounts. 104 Sales Accounts receivable 112 Sales returns and allowances...

Extracted text: Journalise transactions in multi-column purchase journal The chart of accounts of Gibson Ltd includes the following selected accounts. 104 Sales Accounts receivable 112 Sales returns and allowances Cost of sales Freight inwards Advertise expenses Electricity expense Stationary expense Telephone expense In July the following transactions were completed. All purchases were on account except as indicated. 120 Inventory 412 Supplies Equipment Accounts payable 126 505 510 157 201 515 520 525 530 Purchase inventory for Lambert Ltd. $15, 275. Received electricity bills from Original Ltd. $1,556. Purchased stationary from Office Ltd. $656. Returned inventory to Lambert Ltd. $ 560. Signed a purchase contract from ABC supplies for $ 9,600. Received invoice from Maple leaf advertising Ltd. $2,200 Received credit on inventory return from Office Ltd. for stationary returned 2 July 3 15 19 25 28 30 Received invoice from Telstra Ltd. $ 450. Required Journalise the above transactions in a purchase journal. Please copy and paste the below table into your Answer text box-please click 'Keep Formatting' Gibson Ltd Purchases Journal Other Accounts Date Account Credited (Debited) Post Inventory Dr Accounts Dr Payable Cr Ref (X) (120) (201)