K. Fen, a sports retailer, made the following purchases during the month of May. May 2 Received a bill (Invoice # 142) from H. Evening for the purchase of 5 basketballs worth $83 each and 15 footballs worth $40 each. Received a bill (Invoice #152) from H. Johnson for the purchase of 7 cricket bats worth $55 each, 5 pairs of ice skates worth $27 each and 4 rugby balls worth $27 each. May 7 Received a bill (Invoice # 162) from M. Codd for the purchase of 5 cricket bats worth $64 each. Received a bill (Invoice # 239) from M. Moore for the purchase of 9 packages of golf balls at $40 each. May 10 May 18
K. Fen, a sports retailer, made the following purchases during the month of May. May 2 Received a bill (Invoice # 142) from H. Evening for the purchase of 5 basketballs worth $83 each and 15 footballs worth $40 each. Received a bill (Invoice #152) from H. Johnson for the purchase of 7 cricket bats worth $55 each, 5 pairs of ice skates worth $27 each and 4 rugby balls worth $27 each. May 7 Received a bill (Invoice # 162) from M. Codd for the purchase of 5 cricket bats worth $64 each. Received a bill (Invoice # 239) from M. Moore for the purchase of 9 packages of golf balls at $40 each. May 10 May 18
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

Transcribed Image Text:IGNC THE WHIC SCAL
K. Fen, a sports retailer, made the following purchases during the month of May.
May 2 Received a bill (Invoice # 142) from H. Evening for the purchase of 5 basketballs worth $83 each and 15 footballs worth $40 each.
Received a bill (Invoice # 152) from H. Johnson for the purchase of 7 cricket bats worth $55 each, 5 pairs of ice skates worth $27 each and
4 rugby balls worth $27 each.
May 7
Received a bill (Invoice # 162) from M. Codd for the purchase of 5 cricket bats worth $64 each.
May
10
May
18
Received a bill (Invoice # 239) from M. Moore for the purchase of 9 packages of golf balls at $40 each.
Required
Record these transactions in the purchases journal.
Do not enter dollar signs or commas in the input boxes.
Date
Purchases Journal
Page 5
Account Invoice #Merchandise Inventory (DR) Accounts Payable (CR)
May 2
May 7 H. Johnson
H. Evening 142
May 10 M. Codd
May 18 M. Moore
TOTAL
152
162
239
$
$
M
$
S
10%
$
50.
$
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