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Digital World is a retail store that sells cameras and photography supplies. The firm's credit purchases and purchases returns and allowances transactions for June 201

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Digital World is a retail store that sells cameras and photography supplies. The firm's credit purchases and purchases returns and allowances transactions for June 201 appear below, along with the general ledger accounts used to record these transactions. The balance shown in Accounts Payable is for the beginning of June. GENERAL LEDGER ACCOUNTS 205 Accounts payable, $13,404cr. 501 Purchases 592 Freight In 503 Purchases returns and allowances DATE TRANSACIONS June 1 Purchased Instant cameras for $1,850 plus a freight charge of $130 from Pro Photo Equipment, Involce 4241 , dated Hay 27; the terns are 69 days net. 8. Purchased film for $1,374 from Photo Supplies, Invoice 1102, dated June 3, net payable in 45 days. 12 Purchased lenses for $896 from Nano 6lass, Invoice 7282 , dated June 9 ; the terms are 1/10,n/60. 18 Received Credit Memorandum 110 for $360 from Pro Photo Equipment for defective cameras that were returned; they were originally purchased on Invoice 4241, dated May 27. 20 Purchased color filim for $1,060 plus freight of $55 from photo Supplies, Invoice 1148, dated June 15, net payable in 45 days. 23. Purchased camera cases for \$1,936 from Hi-Qual Case, Invoice 3193, dated June 18, net due and payable in 45 28 Purchased lens filters for $2,270 plus freight of \$100 from Holtz spectrum, Invoice se27, dated June 24\} the days. terms are 2/10,n/30. 30 Received Credit Memorandum 1108 for $210 from H1-Qual Case; the amount is an allowance for damaged but usable goods purchased on Involce 3108, dated June 18. Post the opening balances and transactions into the appropriate ledger accounts. repare a three-column purchase joumal to record the above transactions for 201. Record the first entry required in the general journal. Note: Enter debits before credits. Journal entiry worksheet Record the second entry required in the general journal. Note: Enter debits before credits. Analyze: What total purchases were posted to the Purchases general ledger account for June? Complete this question by entering your answer in the tabs below. What total purchases were posted to the Purchases general ledger account for June? Compute the net purchases of the firm for the month of June

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