Sunday, 24 July 2016

The following purchase transactions occurred during November for Manheim Inc.: Zell Computer Inc

The following purchase transactions occurred during November for Manheim Inc.:
Nov. 6. Purchased office supplies for $330, on account from Carry Out Supply Inc.
14. Purchased office equipment for $1,950, on account from Zell Computer Inc.
22. Purchased office supplies for $195, on account from Carry Out Supply Inc.

Record these transactions in the following purchases journal format:


Purchases Journal
Date Account Credited
Post.
Ref.
Accounts
Payable
Cr.
Office
Supplies
Dr.
Other
Accounts
Dr.
Post.
Ref. Amount


Answer:

PURCHASES JOURNAL
Date Account Credited
Post.
Ref.
Accounts
Payable
Cr.
Office
Supplies
Dr.
Other
Accounts
Dr.
Post.
Ref. Amount
Nov. 6 Carry Out Supply Inc. 330 330
14 Zell Computer Inc. 1,950 Office Equipment 1,950
22 Carry Out Supply Inc. 195 195

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