iPad ? 10:52 AM O ni 77% v2.cengagenow.com My Home Assignments | Overview Online teaching and learning resou... Cengage Learning CengageNOWv2| Online teaching and learning resource from Cengage Learning Close Window Print 1. PE.05-03B eBook Show Me How Show Me How Purchases Journal The following purchase transactions occurred during March for Celebration Catering Service: Mar. 11. Purchased party supplies for $610, on account from Party Hearty Supplies Inc. Mar. 14. Purchased party supplies for $312, on account from Fun 4 All Supplies Inc. Mar. 27. Purchased office furniture for $2,480, on account from Office Space Inc. Record these transactions in the following purchases journal. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required". PURCHASES JOURNAL DATE Account Credited Post. Ref. Accounts Payable Cr. Party Supplies Dr. Other Accounts Dr. Post. Ref. Amount Mar. 11 Mar. 14 Mar. 27 2. PE.05-04B eBook Show Me How Accounts Payable Subsidiary Ledger The debits and credits from two transactions are presented in the following creditor's (supplier's) account: NAME Colonial Inc. ADDRESS 5000 Grand Ave. Date Item Post. Ref. Debit Credit Balance Jan. 1 Balance 92

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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1. PE.05-03B
eBook
Show Me How
Show Me How
Purchases Journal
The following purchase transactions occurred during March for Celebration Catering Service:
Mar. 11.
Purchased party supplies for $610, on account from Party Hearty Supplies Inc.
Mar. 14.
Purchased party supplies for $312, on account from Fun 4 All Supplies Inc.
Mar. 27.
Purchased office furniture for $2,480, on account from Office Space Inc.
Record these transactions in the following purchases journal. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required".
PURCHASES JOURNAL
DATE
Account Credited
Post. Ref.
Accounts Payable Cr.
Party Supplies Dr.
Other Accounts Dr.
Post. Ref.
Amount
Mar. 11
Mar. 14
Mar. 27
2. PE.05-04B
eBook
Show Me How
Accounts Payable Subsidiary Ledger
The debits and credits from two transactions are presented in the following creditor's (supplier's) account:
NAME
Colonial Inc.
ADDRESS
5000 Grand Ave.
Date
Item
Post. Ref.
Debit
Credit
Balance
Jan. 1
Balance
92
Transcribed Image Text:iPad ? 10:52 AM O ni 77% v2.cengagenow.com My Home Assignments | Overview Online teaching and learning resou... Cengage Learning CengageNOWv2| Online teaching and learning resource from Cengage Learning Close Window Print 1. PE.05-03B eBook Show Me How Show Me How Purchases Journal The following purchase transactions occurred during March for Celebration Catering Service: Mar. 11. Purchased party supplies for $610, on account from Party Hearty Supplies Inc. Mar. 14. Purchased party supplies for $312, on account from Fun 4 All Supplies Inc. Mar. 27. Purchased office furniture for $2,480, on account from Office Space Inc. Record these transactions in the following purchases journal. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required". PURCHASES JOURNAL DATE Account Credited Post. Ref. Accounts Payable Cr. Party Supplies Dr. Other Accounts Dr. Post. Ref. Amount Mar. 11 Mar. 14 Mar. 27 2. PE.05-04B eBook Show Me How Accounts Payable Subsidiary Ledger The debits and credits from two transactions are presented in the following creditor's (supplier's) account: NAME Colonial Inc. ADDRESS 5000 Grand Ave. Date Item Post. Ref. Debit Credit Balance Jan. 1 Balance 92
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