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CHAPTER 1150-175 Exercise 7 (LO 3) JOURNALIZING PURCHASES AND CASH PAYMENTS The following transactions occurred during the month of November Wory Ovo ni Now Purchased
CHAPTER 1150-175 Exercise 7 (LO 3) JOURNALIZING PURCHASES AND CASH PAYMENTS The following transactions occurred during the month of November Wory Ovo ni Now Purchased the following merchandise on account in prices are given 20 Mini-shredders 10 Hi-speed printer-scanners 5 Laptop computers S 63.95 900.00 1.995.00 The purchase has a trade discount of 15% and credit terms of 2/10, 1/30 is issued a check for the amount due on the November 5 purchase. aparted 1. Journalize the above transactions in the general journal below. 2 Give the appropriate general journal entry if the payment is not made until December 5. and 2 GENERAL JOURNAL PAGE DATE DESCRIPTION POST REF DEBIT CREDIT Buchen Bencant apie 1 Obama Offer supply 1 Becas propht| O'ktamalle puppi 1 TI Supporting calculations
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