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Category > Accounting Posted 06 May 2017 My Price 7.00

Record the following purchases of merchandise

 

Record the following purchases of merchandise on account on page 52 of the purchases journal and then post to the general ledger. (The company uses the same account numbers as Whitewater Raft Supply.)

 

Jan. 4 Bought merchandise on account from Switzer Corporation, invoice no. A459, $578; terms net 60 days; dated January 2; FOB destination. 24 Bought merchandise on account from Stevens Company, invoice no. 48512, $799.80; terms 2/10, n/30; dated January 22; FOB shipping point, freight prepaid and added to the invoice, $50 (total $849.80).

 

 
 

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Alpha Geek
(8)
Status NEW Posted 06 May 2017 09:05 AM My Price 7.00

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file 1494062768-Answer.docx preview (89 words )
R-----------eco-----------rd -----------the----------- fo-----------llo-----------win-----------g p-----------urc-----------has-----------es -----------of -----------mer-----------cha-----------ndi-----------se -----------on -----------acc-----------oun-----------t o-----------n p-----------age----------- 52----------- of----------- th-----------e p-----------urc-----------has-----------es -----------jou-----------rna-----------l a-----------nd -----------the-----------n p-----------ost----------- to----------- th-----------e g-----------ene-----------ral----------- le-----------dge-----------r. -----------(Th-----------e c-----------omp-----------any----------- us-----------es -----------the----------- sa-----------me -----------acc-----------oun-----------t n-----------umb-----------ers----------- as----------- Wh-----------ite-----------wat-----------er -----------Raf-----------t S-----------upp-----------ly.-----------) -----------Jan-----------. 4----------- Bo-----------ugh-----------t m-----------erc-----------han-----------dis-----------e o-----------n a-----------cco-----------unt----------- fr-----------om -----------Swi-----------tze-----------r C-----------orp-----------ora-----------tio-----------n, -----------inv-----------oic-----------e n-----------o. -----------A45-----------9, -----------$57-----------8; -----------ter-----------ms -----------net----------- 60----------- da-----------ys;----------- da-----------ted----------- Ja-----------nua-----------ry -----------2; -----------FOB----------- de-----------sti-----------nat-----------ion-----------. 2-----------4 B-----------oug-----------ht -----------mer-----------cha-----------ndi-----------se -----------on -----------acc-----------oun-----------t f-----------rom----------- St-----------eve-----------ns -----------Com-----------pan-----------y, -----------inv-----------oic-----------e n-----------o. -----------485-----------12,----------- $7-----------99.-----------80;----------- te-----------rms-----------
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