Brown Inc. records purchases in a purchases journal and purchase returns in the general journal.

Oct. 1	Purchased inventory on account from Price Inc. for $2,000.
Oct. 3	Purchased inventory on account from Cabrera Inc. for $3,000.
Oct. 8	Returned half of the inventory to Price Inc.
Oct. 9	Purchased inventory on account from Price Inc. for $4,200.

Record the above transactions using a purchases journal, a general journal, and an accounts payable subsidiary ledger. The company uses the periodic method of accounting for inventory. If an amount box does not require an entry, leave it blank.

Page: 121

	DATE	ACCOUNT TITLE	DOC. NO.	POST. REF.	DEBIT	CREDIT
1	Oct. 8	Accounts Payable-Price Inc.Accounts Payable-Cabrera Inc.Accounts Receivable-Price Inc.Accounts Receivable-Cabrera Inc.Purchase ReturnsAccounts Receivable-Cabrera Inc.			Accounts Receivable-Cabrera Inc.	Accounts Receivable-Cabrera Inc.	1
2		Accounts Payable-Price Inc.Accounts Payable-Cabrera Inc.Accounts Receivable-Price Inc.Accounts Receivable-Cabrera Inc.Purchase ReturnsAccounts Payable-Price Inc.			Accounts Payable-Price Inc.	Accounts Payable-Price Inc.	2

PURCHASES JOURNAL						Page: 113
Date		Account	Purchase Order No.	Ref.	Merchandise Inventory DR	Accounts Payable CR
2019
Oct. 1		Cabrera Inc.Price Inc.Price Inc.	fill in the blank e4a368026f9802c_2	fill in the blank e4a368026f9802c_3	fill in the blank e4a368026f9802c_4	fill in the blank e4a368026f9802c_5
Oct. 3		Cabrera Inc.Price Inc.Cabrera Inc.	fill in the blank e4a368026f9802c_7	fill in the blank e4a368026f9802c_8	fill in the blank e4a368026f9802c_9	fill in the blank e4a368026f9802c_10
Oct. 9		Cabrera Inc.Price Inc.Price Inc.	fill in the blank e4a368026f9802c_12	fill in the blank e4a368026f9802c_13	fill in the blank e4a368026f9802c_14	fill in the blank e4a368026f9802c_15
		Total			fill in the blank e4a368026f9802c_16	fill in the blank e4a368026f9802c_17

Accounts Payable Subsidiary Ledger
Account:	Price Inc.				#AP-1
DATE	ITEM	POST. REF.	TRANSACTION		BALANCE
			DEBIT	CREDIT	CREDIT
	Beginning Balance				0.00
Oct. 1	Purchases Journal	PJ113GJ121PJ113	fill in the blank 212ca5fcaff3028_2	fill in the blank 212ca5fcaff3028_3	fill in the blank 212ca5fcaff3028_4
Oct. 8	General Journal	PJ113GJ121	fill in the blank 212ca5fcaff3028_6	fill in the blank 212ca5fcaff3028_7	fill in the blank 212ca5fcaff3028_8
Oct. 9	Purchases Journal	PJ113GJ121	fill in the blank 212ca5fcaff3028_10	fill in the blank 212ca5fcaff3028_11	fill in the blank 212ca5fcaff3028_12

Account:	Cabrera Inc.				#AP-2
DATE	ITEM	POST. REF.	TRANSACTION		BALANCE
			DEBIT	CREDIT	CREDIT
	Beginning Balance				0.00
Oct. 3	Purchases Journal	PJ113GJ121	fill in the blank 212ca5fcaff3028_14	fill in the blank 212ca5fcaff3028_15	fill in the blank 212ca5fcaff3028_16