Journalizing purchases using a purchases journal The purchases journal for Copperland Company is given in the Working complete Papers. Work this problem independently. Save your work to On Your Own 9-3. Using November of the current year, journalize these transactions o page 11 of the purchases'journal. Purchase invoices are abbreviated as P Transactions: Nov. 5. Purchased merchandise on account from McKell Supply, Inc., $2,548.25. P244. 10. Purchased merchandise on account from Tresler Corporation, $1,525.00. P245. 17. Purchased merchandise on account from Lawes Imports, $2,643.50. P246.
Journalizing purchases using a purchases journal The purchases journal for Copperland Company is given in the Working complete Papers. Work this problem independently. Save your work to On Your Own 9-3. Using November of the current year, journalize these transactions o page 11 of the purchases'journal. Purchase invoices are abbreviated as P Transactions: Nov. 5. Purchased merchandise on account from McKell Supply, Inc., $2,548.25. P244. 10. Purchased merchandise on account from Tresler Corporation, $1,525.00. P245. 17. Purchased merchandise on account from Lawes Imports, $2,643.50. P246.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Accounting:purchases journal?
Transcribed Image Text:date
On your own 9-2
Journalizing purchases using a purchases journal
The purchases journal for Copperland Company is given in the Working
Papers. Work this problem independently. Save your work to complete
On Your Own 9-3.
page 11 of the purchases'journal. Purchase invoices are abbreviated as P
Using November of the current year, journalize these transactions on
Transactions:
Nov.
5. Purchased merchandise on account from McKell Supply, Inc.,
$2,548.25. P244.
10. Purchased merchandise on account from Tresler Corporation,
$1,525.00. P245.
17. Purchased merchandise on account from Lawes Imports,
$2,643.50. P246.
Chapter 9 Accounting for Purchases and Cash Payments
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Transcribed Image Text:general ledger.
On your own 9-3
Posting a purchases journal
Selected accounts payable and general ledger accounts for Copperland
Company are given in the Working Papers. Use the purchases journal from
On Your Own 9-2. Work this problem independently. Save your work to com-
plete On Your Own 9-5.
1. Post the transactions from the purchases journal to the accounts payable
ledger.
2. Total and rule the purchases journal.
3. Post the purchases journal to the general ledger.
Posting from a Purchases Journal Lesson 9-3 250
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