20x1 April 1 Purchased camera accessories on credit from Vision Supplies, Invoice 825, $1,025, terms n/30; freight of $25 prepaid by Vision supplies and added to the invoice (total amount due, $1,050). 3 Purchased lenses on credit for $960 from Lens Nation, Inc., Invoice 998, terms n/30. 11 Purchased DVD camcorders on credit for $4,700 from Optical Products, Invoice 4101, terms n/30. 15 Recorded various purchases of merchandise for cash from April 1 to April 15, $2,300. 26 Purchased lighting equipment on credit from Myers Brothers Camera Supplies, Invoice 9288, $6,800, terms n/30; freight of $198 prepaid by Myers Brothers Camera Supplies and added to the invoice (total amount due, $6,998). 27 Issued Check 102 for $560 to Lens Nation, Inc., in partial payment of Invoice 998 dated April 3. 30 Recorded various purchases of merchandise for cash from April 16 to April 30, $2,570. 30 Issued Check 103 to Vision Supplies in payment of the total amount due on Invoice 825 dated April 1. equired: Record the transactions in a general journal. Post the entries from the general journal to the appropriate general ledger accounts. ENERAL LEDGER ACCOUNTS 1 Cash, $12,900 Dr. e5 Accounts Payable 91 Purchases 2 Freight In
20x1 April 1 Purchased camera accessories on credit from Vision Supplies, Invoice 825, $1,025, terms n/30; freight of $25 prepaid by Vision supplies and added to the invoice (total amount due, $1,050). 3 Purchased lenses on credit for $960 from Lens Nation, Inc., Invoice 998, terms n/30. 11 Purchased DVD camcorders on credit for $4,700 from Optical Products, Invoice 4101, terms n/30. 15 Recorded various purchases of merchandise for cash from April 1 to April 15, $2,300. 26 Purchased lighting equipment on credit from Myers Brothers Camera Supplies, Invoice 9288, $6,800, terms n/30; freight of $198 prepaid by Myers Brothers Camera Supplies and added to the invoice (total amount due, $6,998). 27 Issued Check 102 for $560 to Lens Nation, Inc., in partial payment of Invoice 998 dated April 3. 30 Recorded various purchases of merchandise for cash from April 16 to April 30, $2,570. 30 Issued Check 103 to Vision Supplies in payment of the total amount due on Invoice 825 dated April 1. equired: Record the transactions in a general journal. Post the entries from the general journal to the appropriate general ledger accounts. ENERAL LEDGER ACCOUNTS 1 Cash, $12,900 Dr. e5 Accounts Payable 91 Purchases 2 Freight In
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 9E: Williams Corporation had the following purchases for May: May 3Bought ten lawn rakes from Owens...
Related questions
Question

Transcribed Image Text:20X1
April 1 Purchased camera accessories on credit from Vision Supplies, Invoice 825, $1,025, terms n/30; freight of $25 prepaid by
Vision supplies and added to the invoice (total amount due, $1,050).
3 Purchased lenses on credit for $960 from Lens Nation, Inc., Invoice 998, terms n/30.
11 Purchased DVD camcorders on credit for $4,700 from Optical Products, Invoice 4101, terms n/30.
15 Recorded various purchases of merchandise for cash from April 1 to April 15, $2,300.
26 Purchased lighting equipment on credit from Myers Brothers Camera Supplies, Invoice 9288, $6,800, terms n/30; freight of
$198 prepaid by Myers Brothers Camera Supplies and added to the invoice (total amount due, $6,998).
27 Issued Check 102 for $560 to Lens Nation, Inc., in partial payment of Invoice 998 dated April 3.
30 Recorded various purchases of merchandise for cash from April 16 to April 30, $2,570.
30 Issued Check 103 to Vision Supplies in payment of the total amount due on Invoice 825 dated April 1.
Required:
2. Record the transactions in a general journal.
3. Post the entries from the general journal to the appropriate general ledger accounts.
GENERAL LEDGER ACCOUNTS
101 Cash, $12,900 Dr.
Accounts Payable
205
501 Purchases
502 Freight In
Analyze:
What were the total cash payments on account during April?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you

College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub

Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning

Corporate Financial Accounting
Accounting
ISBN:
9781305653535
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning

College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub

Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning

Corporate Financial Accounting
Accounting
ISBN:
9781305653535
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College