10:02 Done P7-1A.xlsx Purchases Journal Ledger Ledger (2) 7.1A (CONCLUDED) ELY GOLDMAN SPECIALTY FOODS PARTIAL GENERAL LEDGER INVENTORY ACCOUNT NO. 115 9r7-1A. Ely Goldman recently opened a specialty food store in Brantford. As the bookkeeper of his shop, journalize, record, and post when appropriate the following transactions (account numbers are loventory, 115; Store Supplies, 1.80: Store Equipment 151; Accounts Payable, 210): 2023 June 3 Bought merchandise on account from Bennet Co, invoice No 7041, dated June 3, terms 2/10, n/30, 81,640. 4 Bought store equipment on account from Frank Co, invoice No 672, dated June 4, 52,960. 8 Bought merchandise on account from Beamer Co, invoice No 3710, dated June 7, terms 2/10, n/30,51,470. 14 Bought store supplies on account from Bennet Co, invoice No 7186, dated June 13, 8950. Post Rel Explanation Debit Credit DICE Balance STORE SUPPLIES ACCOUNT NO. 130 Explanation Post Rel Debit Credit Drir Balance Journalising recording and posting a purchases journal (30 min) STORE EQUIPMENT Explanation Post Rel ACCOUNT NO. 151 DICE Balance Check Figure Total of Inventory column $3,110 Debit Credit ACCOUNTS PAYABLE Explanation Post Rel ACCOUNT NO. 210 DICH Balance Debit Credit 10:02 Done P7-1A.xlsx Ledger Ledger (2) Purchases Journal --1A (CONTINUED) ACCOUNTS PAYABLE SUBSIDIARY LEDGER EAMER CO 275 GRAYSON ST BRANTFORD, ON NIR 2T2 17-1. Ely Goldman recently opened a specialty food store in Brantford. As the bookkeeper of his shop, journalize, record, and post when appropriate the following transactions (account numbers we inventory, 115: Store Supplies. 130, Store Equipment, 151; Accounts Payable, 210) 2023 June 3. Bought merchandise on account from Bennet Co, invoice No 7041, dated June 3, terms 2/10, 0/30, S1,640. 4 Bought store equipment on account from Frank Co, invoice No 672, dated June 4, $2,960. 8 Bought merchandise on account from Beamer Co, invoice No 3710, dated June 7, terms 2/10, 1/30, 51,470. 14 Bought store supplies on account from Bennet Co, invoice No 7186, dated June 13, 5950. Post Ref. Explanation Debit Credit Cr Balance ENNETCO 1125 SMITH RD BRANTFORD, ON NIR 2T2 Post Explanation Ref Journalising recording and posting a purchases journal .. (30 min) Debit Crede Ct. Balance Check Figure Total of Inventory column 53.110 ANK CO 3398 BAKER ST, OTTAWA ON K2A4N1 Post Explanation Rel Debit Credit Ct Balance 10:00 Done P7-1A.xlsx Purchases Journal Ledger Ledger (2) ELY GOLDMAN SPECIALTY FOODS PURCHASES JOURNAL PAGE 1 r7-1A. Ely Goldman recently opened a specialty food store in Brantford, As the bookkeeper of his shop, journalize, record, and post when appropriate the following transactions account numbers are inventory, 115, Store Supplies, 130, Store Equipment 151: Accounts Payable, 210% 2023 Junc 3 Bought merchandise on account from Bennet Co., invoice No 7041, dated June 3, terms 2/10, 1/30, $1,640. 4 Bought store equipment on account from Frank Co, invoice No. 672, dated June 4, 52,960. 8 Bought merchandise on account from Beamer Co, invoice No 3710, dated June 7, terms 2/10, 1/30, 51,470. 14 Bought store supplies on account from Bennet Co, invoice Na 7186, dated June 13, 5950. Post Ret Terms Sundry Post Ret Accounts Payable Inventory Dr. Account Amount Journalising recording and posting a purchases journal .. (30 min) Check Figure Total of Inventory column $3110
