chases and Cash Payments Transactions Chart of Accounts General Journal General Ledger tructions abie Mueller owns a small retail business called Debbie's Doll House The cash account has a balance of $20,000 on July 1. The following transactions rred during July July Transactions: July 1 Issued Check No 314 for July rent, $1,400 1 3 Purchased merchandise on account from Topper's Toys, Invoice No 211, $2.500, terms 2/10, n/30. Purchased merchandise on account from Jones & Company, Invoice No 812, $2,800, terms 1/10, IV/30 Returned merchandise purchased from Topper's Toys receiving a credit memo on the amount owed, $400 Purchased merchandise on account from Downtown Merchants, Invoice No 159 $1,600, terms 2/10, n/30 5 8 11 Issued Check No. 315 to Topper's Toys for mergandise purchased on account, less return of July 5 and less 2% discount Issued Check No. 316 to Jones & Company for merchandise purchased on account, less 1% discount 13 15 Returned merchandise purchased from Downtown Merchants receiving a credit memo on the amount owed $600 Chart of Accounts Gene Journal General Ledger 0 15 18 25 26 Purchased merchando on account from Toppers Toys vace Nis 195 $1.43021830 Required: 1. Enter the transactions starting with page 16 of a generar uma 2 Post from the pumal to the general der and accounts pays ledger accounts account numbers at shown the Chart of A Purchases and Cash Payments Instructions Chart of Accounts General Journal General Ledger 13 Issued Check No 316 to Jones & Company for merchandise purchased on account, less 1% discount 15 Returned merchandise purchased from Downtown Merchants receiving a credit memo on the amount owed, $600 Issued Check No 317 to Downtown Merchants for merchandise purchased on account, less return of July 15 and less 2% 18 discount 25 26 Purchased merchandise on account from Columbia Products, invoice No 468, $3,200, terms 30 Purchased merchandise on account from Topper's Toys, Invoice No. 395. $1,430, terms 2/10, n/30 Purchased merchandise on account from Jones & Company, Invoice No 853, $2.970, terms 1/10, 1/30 29 Required: 1 Enter the transactions starting with page 16 of a general journal 2 Post from the journal to the general ledger and accounts payable ledger accounts Use account numbers as shown in the Chart of Accounts ASSETS 101 Cash 122 Accounts Receivable 1221 Allowance for Doubt Accounts 141 Supplies 145 Prepaid Insurance 181 Office Equipment CHART OF ACCOUNTS Debber's Dell House General Ledger REVENUE EXPENSES 501 Purchases 5011 Purchases Reture and Allowances 5012 Purchases Discounts Chart of Accounts 181 Office Equipment 181 1 Accumulated Depreciation Office Equipment LIABILITIES 202 Accounts Payable 219 Wages Payable 231 Sales Tax Payable EQUITY 311 Debbie Mueller, Capital 312 Debbie Mueller, Drawing 5012 Purchases Discounts 502 Freight-In 511 Wages Expense 512 Advertising Expense 521 Rent Expense 523 Supplies Expense 525 Phone Expense 532 Bad Debt Expense 533 Utilities Expense 535 Insurance Expense 541 FIA Depreciation Expense-Office Equipment AA ructions art of Accounts 312 Debbie Mueller, Drawing General Journal 541 549 Subsidiary Ledgers General Ledger Depreciation Expense-Office Equipment Miscellaneous Expense Accounts Payable Ledger 202 1 Columbia Products 202 2 Downtown Merchants 202 3 Jones & Company 202.4 Topper's Toys Instructions Detbe Mueller owns a small retail business called Debbie's Doll House. The cash account has a balance of $20,000 on July 1 The following transactions curred during July July Transactions: July 1 Issued Check No 314 for July rent, $1,400. 1 3 Purchased merchandise on account from Topper's Toys, Invoice No 211, $2,500, termas 2/10, n/30 Purchased merchandise on account from Jones & Company, Invoice No 812. $2,800, terms 1/10, n/30 Returned merchandise purchased from Topper's Toys receiving a credit memo on the amount owed, $400 Purchased merchandise on account from Downtown Merchants, Invoice No. 159, $1,500, terms 2/10, 1/30 5 8 11 Issued Check No 315 to Topper's Toys for merchandise purchased on account, less return of July 5 and less 2% discount Issued Check No 316 to Jones & Company for merchandise purchased on account, less 1% discount 13 15 Returned merchandise purchased from Downtown Merchants receiving a credit memo on the amount owed. $600 Instructions 13 Issued Check No 316 to Jones & Company for merchandise purchased on account, less 1% discount 15 18 Returned merchandise purchased from Downtown Merchants receiving a credit memo on the amount owed, $600. Issued Check No 317 to Downtown Merchants for merchandise purchased on account, less return of July 15 and less 2% discount 25 Purchased merchandise on account from Columbia Products, Invoice No. 468, $3,200, terms n/30 26 Purchased merchandise on account from Topper's Toys, Invoice No 395, $1,430, terms 2/10, 30 29 Purchased merchandise on account from Jones & Company, Invoice No. 853, $2.970, terms 1/10, n/30 Required: 1. Enter the transactions starting with page 16 of a general journal 2 Post from the journal to the general ledger and accounts payable ledger accounts Use account numbers as shown in the Chart of Accounts