Diaz Company, which is a medium-sized firm, uses a voucher system. Record each of the following entries
Question:
201X
July 6 Voucher no. 50 was prepared for the purchase of $6,600 of merchandise on account from Peterson Company; terms 1/10, n/30.
9 Voucher no. 51 was prepared for the purchase of $3,800 of equipment on account; terms 1/10, n/30.
15 Check no. 55 was issued in payment of voucher no. 51.
16 Check no. 56 was issued in payment of voucher no. 50.
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Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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