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7. Purchases Journal: Wiset Company completed the following transactions during April of the current year. Journalize ONLY those items that would be in the
7. Purchases Journal: Wiset Company completed the following transactions during April of the current year. Journalize ONLY those items that would be in the PURCHASES JOURNAL: (18 points) April 2 Purchased $14,300 of merchandise on credit from Noth Company, invoice dated April 2, 2/10, n/60 April 3 Sold merchandise on credit to Page Alistair, Invoice # 760 for $4,000 (cost is $3,000 April 6 Purchased $1,480 of office supplies on credit from Custer, Inc. Invoiced dated April 3, terms 2/10, n/60 April 4 Issued Check # 587 to World View for advertising expense, $899 April 10 Borrowed $60,000 cash from First Bank by signing a note payable. April 30 Purchased office supplies for $50 at Rite Aid for cash. Date Account Date of Terms PR Invoice Accounts Payable Credit Inventory Office Other Debit Supplies Debit Accounts Debit
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