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Cheyenne Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts

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Cheyenne Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts have normal debit and eredit balances. SCHEDULE OF ACCOUNTS RECEIVABLE (from accounts receivable subsidiary ledger) In addition, the following transactions have not been journalized for January 2022. Jan. Sell merchandise on account to W. Rayms $3,640, imvoice no. 510 , and M. Fischer $1,820, invoice no. 511. 5. Purchase merchandise on account from K. Zapfel $3,030 and 1. Liotta $2,420. 7 Receive checks for $4,040 from L. Longhini and $2.020 from M. Hall. 8 Pay freight on merchandise purchased $180. 9. Send checks to O. Kitson for $9,090 and L. Quinn for $11,110. 9. Issue credit of $240 to M. Fischer for merchandise returned. 10 Summary cash $ales total $15,660, 11 Sell merchandise on account to G. Dukes for $1.920, invoice no. 512 , and to L. Longhini $910, invoice no. 513. Post all entries to the subsidiary ledgers. 12. Pay rent of $1,010 for Jamuary. 13 Receive payment in full from W. Rayms and M. Fischer. 15 Pay cash dividend of $660. 16 Purchase merchandise en account from L. Quinn for $15,150, from O. Kitson for $14,040, and from K Z Z p fel for 17 Pay 5400 cash for office supplies. 18. Return $200 of merchandise to O. Kitson and recelve credit. 21 Issue $15,150 note to D. Markoff in payment of balance due. 21 Receive payment in full from L. Longhini. Post all entries to the subsidiary ledgers. 22. Sell merchandise on account to W. Rayms for $3.740, invoice no. 514 , and to G. Dukes for $810, invoice na. 515 . 23 Send checks to L. Quinn and O. Kitson in full payment. 25 Sell merchandise on account to M. Hall for $3,540, invoice no. 516 , and to M. Fischer for $6,160, invoice no. 517. 27 Purchase merchandise on account from L. Quinn for $12,630, from l Liotta $1,210, and from K. Zapfel for $2,830. 28 Pay $200 cash for office supplies. 31 Summary cash sales total $23,150. 31 Pay sales salaries of $4,340 and office salaries of $3,130. Record the January transactions in a purchases journal

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