Chapter 12 HomeworkеВookShow Me HowPrint ItemPurchases Journal1. EX.12.01BInstructionsChart of Accounts Supplier List Purchase JournalGeneral Ledger2. EX.12.02B.ALGO3. EX.12.03B.ALGOInstructions4. EX.12.04B.ALGOAnn Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October:5. EX.12.05B.ALGOOct.Purchase Invoice No. 321, $1,950, from Boggs Distributors.7Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler.6. PR.12.08B.BLANKSH...10 Purchase Invoice No. 634, $3,565, from Komuro & Co.7. PR. 12.09B.BLANKSH...16Purchase Invoice No. 349, $2,845, from Fritz & McCord, Inc.Purchase Invoice No. 587, $3,370, from Boggs Distributors.Purchase Invoice No. 764, $2,240, from Sanderson Company.242631Purchase 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.

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Description: Chapter 12 HomeworkеВookShow Me HowPrint ItemPurchases Journal1. EX.12.01BInstructionsChart of Accounts Supplier List Purchase JournalGeneral Ledger2. EX.12.02B.ALGO3. EX.12.03B.ALGOInstructions4. EX.12.04B.ALGOAnn Benton, owner of Benton's Galleria

A purchase journal refers to a specialized form of accounting journal which is a prime entry…

Business

Accounting

nn Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October: Oc. 2 Purchase Invoice No. 321, $1,950, from Boggs Distributors. 7 Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler. 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. 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.

nn Benton, owner of Benton's Galleria, made the following purchases of merchandise on account during the month of October: Oc. 2 Purchase Invoice No. 321, $1,950, from Boggs Distributors. 7 Purchase Invoice No. 152, $2,915, from Wolfs Wholesaler. 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. 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

Section: Chapter Questions

Problem 1Q

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