Refer to the information provided for Wong Company in EC-2. Instructions (a) Draw a sales journal and
Question:
Refer to the information provided for Wong Company in EC-2.
Instructions
(a) Draw a sales journal and a purchases journal (see Illustrations C-9 and C-11). Use page 1 for each journal.
(b) Record the transaction(s) for September that should be recorded in the sales journal.
(c) Record the transaction(s) for September that should be recorded in the purchases journal.
Data From EC-2:
Wong Company, a sole proprietorship owned by V. Wong, uses special journals and a general journal. The company uses a perpetual inventory system and had the following transactions:
Wong Company, a sole proprietorship owned by V. Wong, uses special journals and a general journal. The company uses a perpetual inventory system and had the following transactions:
Step by Step Answer:
Accounting Principles Part 2
ISBN: 978-1118306796
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow