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...

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Question

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?

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