Prepare Journal Entries in a Purchases Journal Guardian Services Inc. had the following transactions during the month of April: Apr. 4. Purchased office supplies from Officemate, Inc. on account, $390. Apr. 9. Purchased office equipment, Inc. on account from Tek Village Inc., $1,540. Apr. 16. Purchased office supplies from Officemate, Inc. on account, $110. Apr. 19. Purchased office supplies from Paper-to-Go Inc. on account, $160. Apr. 27. Paid invoice on April 4 purchase from Officemate, Inc. a.  Prepare a purchases journal to record the April purchase transactions for Guardian Services Inc. If an amount box does not require an entry, leave it blank. If no entry is required in "Other Accounts Dr." then select "No entry required". PURCHASES JOURNAL DATE Account Credited Post. Ref. Accounts Payable Cr. Office Supplies Dr. Other Accounts Dr. Post. Ref. Amount Apr. 4               Apr. 9               Apr. 16               Apr. 19               Apr. 30 Total             b.  What is the total amount posted to the accounts payable and office supplies accounts from the purchases journal for April? Credit to Accounts Payable $ Debit to Office Supplies $ c.  What is the April 30 balance of the Officemate Inc. creditor account assuming a zero balance on April 1?$

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare Journal Entries in a Purchases Journal

Guardian Services Inc. had the following transactions during the month of April:

Apr. 4. Purchased office supplies from Officemate, Inc. on account, $390.
Apr. 9. Purchased office equipment, Inc. on account from Tek Village Inc., $1,540.
Apr. 16. Purchased office supplies from Officemate, Inc. on account, $110.
Apr. 19. Purchased office supplies from Paper-to-Go Inc. on account, $160.
Apr. 27. Paid invoice on April 4 purchase from Officemate, Inc.

a.  Prepare a purchases journal to record the April purchase transactions for Guardian Services Inc. If an amount box does not require an entry, leave it blank.

If no entry is required in "Other Accounts Dr." then select "No entry required".

PURCHASES JOURNAL
DATE Account Credited Post. Ref. Accounts Payable Cr. Office Supplies Dr. Other Accounts Dr. Post. Ref. Amount
Apr. 4              
Apr. 9              
Apr. 16              
Apr. 19              
Apr. 30 Total            

b.  What is the total amount posted to the accounts payable and office supplies accounts from the purchases journal for April?

Credit to Accounts Payable $
Debit to Office Supplies $

c.  What is the April 30 balance of the Officemate Inc. creditor account assuming a zero balance on April 1?
$

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