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how would these be entered into the companies journal and ledger accounts? 1 1 2 2 Purchased 2 bags of Kopi Luwak Coffee Beans from
how would these be entered into the companies journal and ledger accounts?
1 1 2 2 Purchased 2 bags of Kopi Luwak Coffee Beans from Brazil Imports Group for $550 each, terms net 30. Obtained a loan of $44,000 from ZNZ Bank at a simple interest rate of 6% per year. The first interest payment is due at the end of August 2023 and the principal of the loan is to be repaid on June 1, 2027. Sold 2 boxes of Plastic Plates to SloZone for $328 each, Invoice No. 201. Purchased General Cafe Supplies with cash for $440, Check No. 903. 3 Paid the full amount owing to Klam Wholesalers, Check No. 904. Payment fell within discount period. 3 56 Paid the full amount owing to Buena Vista Coffee, Check No. 905. Payment fell within discount period. 5 Made cash sales of $6,895 during the first 5 days of the month. Purchased Assorted Gourmet Coffee Beans from Dominga Wholesalers for $345, terms 2/10, n/30. 6
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