Problem 7-6. Rasheed Jones recently opened a specialty food store in Branford. As the bookkeeper of his shop, journalize the following transactions in the purchases journal provided below (account...


Problem 7-6. Rasheed Jones recently opened a specialty food store in Branford. As the bookkeeper of<br>his shop, journalize the following transactions in the purchases journal provided below (account<br>numbers are Inventory 115, Store Supplies 130; Store Equipment 151: Accounts Payable 210).<br>2023<br>September 3<br>Bought merchandise on account from Ella Co, invoice No. 7041, dated<br>September 3, terms 9/10, n/30, 51,100.<br>Bought store equipment on account from Noss Co., invoice No. 672, dated<br>September 4, $3.500.<br>8 Bought merchandise on account from Altware Co., invoice No. 3710, dated<br>September 7, terms 9/10, n/30, 51.200.<br>14 Bought store supplies on account from Ella Co., invoice No. 7186, dated<br>September 13, $1,100.<br>Rasheed Jones<br>Page 1<br>Purchases Journal<br>Accounts<br>Payable<br>Inventory<br>Sundry Dr.<br>Account<br>Inv.<br>Terms<br>PR<br>Cr.<br>Dr.<br>Account<br>PR<br>Amount<br>Date<br>Credited<br>No.<br>Sep.<br>9/10, n/30<br>9/10, n/30<br>30<br>

Extracted text: Problem 7-6. Rasheed Jones recently opened a specialty food store in Branford. As the bookkeeper of his shop, journalize the following transactions in the purchases journal provided below (account numbers are Inventory 115, Store Supplies 130; Store Equipment 151: Accounts Payable 210). 2023 September 3 Bought merchandise on account from Ella Co, invoice No. 7041, dated September 3, terms 9/10, n/30, 51,100. Bought store equipment on account from Noss Co., invoice No. 672, dated September 4, $3.500. 8 Bought merchandise on account from Altware Co., invoice No. 3710, dated September 7, terms 9/10, n/30, 51.200. 14 Bought store supplies on account from Ella Co., invoice No. 7186, dated September 13, $1,100. Rasheed Jones Page 1 Purchases Journal Accounts Payable Inventory Sundry Dr. Account Inv. Terms PR Cr. Dr. Account PR Amount Date Credited No. Sep. 9/10, n/30 9/10, n/30 30

Jun 09, 2022
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