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ID: 2567283 • Letter: C
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cure | https//newconnect.mheducation.com/flow/connect.html place your bookmarks here on the bookmarks bar. Import bookmarks now. Saved DATE TRANSACTIONS 2019 April 1 Purchased camera film on credit from Comera&Fi1m; Products, Invoice 825, $97, terms n/3e; freight of $12 prepaid by Camera & Film Products and added to the invoice (total amount due, $982). 3 Purchased lenses on credit for $815 from Vision Supplies, Inc., Invoice 11 Purchased DvD cancorders on eredit for $4,889 from Optical Products 15 Recorded various purchases of merchandise for cash from April 1 to April 26 998, terms n/30. Invoice 4101, terms n/3. 15, $2,150. Purchased lighting equipment on credit from Myers Brothers Camera Supplies, Invoice 9288, $5,600, terms n/30; freight of $219 prepaid by Myers Brothers Camera Supplies and added to the invoice (total amount due, $5,819) 27 Issued Check 182 3e Recorded various purchases of merchandise for cash from April 16 to April 3e Issued Check 103 to Camera & Film Products in payment of the total amount for s54s to vision Supplies, Inc., in partial payment of Invoice 998 dated April 3. 30, $2,628 due on Invoice 825 dated April 1. Required 1. Record the transactions in a general journal. 2. Post the entries from the general journal to the appropriate general ledger accounts GENERAL LEDGER ACCOUNTS 101 Cosh, $11,00e Dr. 205 Accounts Payable 501 Purchases 502 Freight In Analyze: What were the total cash payments on account during Apri?Explanation / Answer
General ledger:
Total cash payments= 10115
General journal Date Account No Account name Debit Credit 2009 Apr 1 501 Purchases 970 502 Freight in 12 205 Accounts payable 982 [ camera film purchased on credit] 3 501 Purchases 815 205 Accounts payable 815 [ Lenses purchased on credit] 11 501 Purchases 4800 205 Accounts payable 4800 [ camcoder purchased on credit] 15 501 Purchases 2150 101 cash 2150 [ purchased on cash] 26 501 Purchases 5600 502 Freight in 219 205 Accounts payable 5819 [ lighting equipment purchased on credit] 27 205 Accounts payable 545 101 cash 545 [ Partial payment of invoice 998] 30 501 Purchases 2620 101 cash 2620 [ purchased on cash] 30 205 Accounts payable 4800 101 cash 4800 [ payment of invoice 825]Related Questions
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