Lewis Corporation engaged in the following transactions during June. Record these transactions in a general journal. DATE
Question:
DATE TRANSACTIONS
2019
June 4 Purchased merchandise on account from Salinas Company; Invoice 100 for $1,025; terms n/30.
15 Recorded purchases for cash, $1,540.
30 Paid amount due to Salinas Company for the purchase on June 4.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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GENERAL JOURNAL PAGE DATE DESCRIPTION Post Ref DEBIT CREDIT 2019 June 4 Purchases 1 0 2 5 00 Acco...View the full answer
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina
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