DATE

TRANSACTIONS

20X1

Sept.

2

Purchased ski boots for $5,700 plus a freight charge of $220 from Colorado Ski Shop, Invoice 6672, terms n/30.

3

Purchased skis for $11,300 from Alaska Supply Company, Invoice 5916; terms 3/10, n/30.

7

Received Credit Memorandum 165 for $910 from Colorado Ski Shop for return of damaged ski boots; the boots were originally purchased September 2 on Invoice 6672.

11

Purchased ski jackets for $4,100 from Cold Mountain Clothing Company, Invoice 4091, terms n/30.

12

Issued Check 104 to Alaska Supply Company in payment of Invoice 5916, dated September 3, less the cash discount.

22

Purchased ski poles for $3,860 plus a freight charge of $125 from Alaska Supply Company, Invoice 5950; terms 3/10, n/30.

23

Purchased ski pants for $2,350 from Swenson Ski Goods, Invoice 528, terms n/30.

25

Received Credit Memorandum 245 for $310 from Swenson Ski Goods for return of defective ski pants; the pants were originally purchased September 23 on Invoice 528.

27

Purchased ski sweaters for $2,700 plus a freight charge of $105 from Colorado Ski Shop, Invoice 6722, terms n/30.

30

Issued Check 110 to Colorado Ski Shop in payment of Invoice 6672, dated September 2, less the return of September 7

Record the transactions in a general journal.
Post the transactions to the appropriate accounts in the general ledger.
Post the transactions to the appropriate accounts in the accounts payable ledger.
Prepare a schedule of accounts payable.