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P11-27A (book/static) Question Help The following transactions of Plymouth Pharm

ID: 2401894 • Letter: P

Question

P11-27A (book/static) Question Help The following transactions of Plymouth Pharmacies occurred during 2017 and 2018: (Click the icon to view the transactions.) Jounalize the transactions in Plymouth's general journal. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.) Jan. 9, 2017: Purchased computer equipment at a cost of $12,000, signing a six-month, 9% note payable for that amount. Date Accounts DebitCredit Jan. 9

Explanation / Answer

Journal for Computer purchase

Date Computer Equipment Account Dr $12,000

Jan 9 Short term Note Payable $12,000