2. The Mims Citrus Growers Association uses a single-column purchases journal.

(a) It purchases four truck containers from the FMC Corporation on account for $13,600 each on April 15. Prepare the entry for this transaction,

(b) In what journal would this transaction be recorded?

(c) One of the truck containers is returned ($13,600). Prepare this general journal entry for Debit Memorandum No. 737 of 20 May.

67 GENERAL JOURNAL GENERAL DEBIT PURCHASES POST REF GENERAL CREDIT RETURNS AND ALLOWANCES ACCOUNTS PAYABLE DEBIT DATE DESCRIPTION 68 69 70 71 72 73 74 75 76 20xx 78 79 80 81