dise on Oct. 2 Purchase Invoice No. 321, $1,950, from Boggs Distributors. 7 Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler. General Ledger 10 Purchase Invoice No. 634, $3,565, from Komuro & Co. 16 Purchase Invoice No. 349, $2,845, from Fritz & McCord, Inc. 24 Purchase Invoice No. 587, $3,370, from Boggs Distributors. GENERAL LEDGER • Account: ACcounts Payable • Account: Purchases 26 Purchase Invoice No. 764, $2,240, from Sanderson Company. 31 Purchase Invoice No. 672, $1,630, from Wolfs Wholesaler. Required: 1. Record the transactions in the purchases journal. Total the journal. 2. Post from the purchases journal to the general ledger and accounts payable ledger accounts.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Chapter 12 Homework
еBook
Show Me How
Print Item
Purchases Journal
Instructions
Chart of Accounts
Supplier List
Purchase Journal
General Ledger
Instructions
Ann Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October:
Oct.
2 Purchase Invoice No. 321, $1,950, from Boggs Distributors.
Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler.
General Ledger
Uenerai Leuger insu uctionS
10
Purchase Invoice No. 634, $3,565, from Komuro & Co.
16
Purchase Invoice No. 349, $2,845, from Fritz & McCord, Inc.
24
Purchase Invoice No. 587, $3,370, from Boggs Distributors.
GENERAL LEDGER
(<>
• Account: Accounts Payable
• Account: Purchases
26
Purchase Invoice No. 764, $2,240, from Sanderson Company.
31
Purchase Invoice No. 672, $1,630, from Wolfs Wholesaler.
Required:
%3D
1. Record the transactions in the purchases journal. Total the journal.
2. Post from the purchases journal to the general ledger and accounts payable ledger accounts.
Accounts Payable Ledger
• Account: Boggs Distributors
• Account: Fritz & McCord, Inc.
• Account: Komuro & Co.
• Account: Sanderson Company
• Account: Wolfs Wholesaler
Account No. 202.1
Account No. 202.2
Account No. 202.3
Account No. 202.4
Account No. 202.5
Transcribed Image Text:Chapter 12 Homework еBook Show Me How Print Item Purchases Journal Instructions Chart of Accounts Supplier List Purchase Journal General Ledger Instructions Ann Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October: Oct. 2 Purchase Invoice No. 321, $1,950, from Boggs Distributors. Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler. General Ledger Uenerai Leuger insu uctionS 10 Purchase Invoice No. 634, $3,565, from Komuro & Co. 16 Purchase Invoice No. 349, $2,845, from Fritz & McCord, Inc. 24 Purchase Invoice No. 587, $3,370, from Boggs Distributors. GENERAL LEDGER (<> • Account: Accounts Payable • Account: Purchases 26 Purchase Invoice No. 764, $2,240, from Sanderson Company. 31 Purchase Invoice No. 672, $1,630, from Wolfs Wholesaler. Required: %3D 1. Record the transactions in the purchases journal. Total the journal. 2. Post from the purchases journal to the general ledger and accounts payable ledger accounts. Accounts Payable Ledger • Account: Boggs Distributors • Account: Fritz & McCord, Inc. • Account: Komuro & Co. • Account: Sanderson Company • Account: Wolfs Wholesaler Account No. 202.1 Account No. 202.2 Account No. 202.3 Account No. 202.4 Account No. 202.5
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