DATE TRANSACTIONS

June $1,20$X$1$ Issued Check $101$ to purchase merchandise, $$2,600.$

June $3,20$X$1$ Purchased merchandise for $$2,150$ from BioMaps Incorporated, Invoice $606$; terms $2/10,$ n$/30.$

June $5,20$X$1$ Purchased merchandise for $$3,950,$ plus a freight charge of $$110,$ from New Concepts Corporation, Invoice $1011$; terms $\frac{1}{10},\frac{n}{30}.$

June $9,20$X$1$ Paid amount due to BioMaps Incorporated for purchase of June $3,$ less discount, Check $102.$

June $10,20$X$1$ Received Credit Memorandum $227$ from New Concepts Corporation for damaged merchandise totaling $$150$ that was returned; the goods were purchased on Invoice $1011,$ dated June $5.$

June $11,20$X$1$ Purchased merchandise for $$1,490$ from BioMaps Incorporated, Invoice $612$; terms $\frac{2}{10},\frac{n}{30}.$

June $14,20$X$1$ Paid amount due to New Concepts Corporation for Invoice $1011$ of June $5,$ less the return of June $10$ and less the cash discount, Check $103.$

June $15,20$X$1$ Purchased merchandise with a list price of $$7,300$ and trade discounts of $20$ and $15$ percent from Pang Research, Invoice $1029,$ terms $\frac{n}{30}.$

June $20,20$X$1$ Issued Check $104$ to purchase merchandise, $$1,100.$

June $25,20$X$1$ Returned merchandise purchased on June $20$ as defective, receiving a cash refund of $$270.$

June $30,20$X$1$ Purchased merchandise for $$1,300,$ plus a freight charge of $$66,$ from New Concepts Corporation, Invoice $1080$; terms $\frac{2}{10},\frac{n}{30}.$

Required:

$2$a$.$ Post the transactions to the appropriate accounts in the general ledger.

$2$b$.$ Post the transactions to the appropriate accounts in the accounts payable ledger.

$3.$ Prepare a schedule of accounts payable at June $30,20$X$1.$

GENERAL LEDGER ACCOUNTSACCOUNTS PAYABLE LEDGER ACCOUNTSBioMaps IncorporatedNew Concepts CorporationPang ResearchAnalyze: