Question
May 19- Alice (the business owner ) purchase $1000 worth of lamps for resale from Light House Supply and put the amount on her account.
May 19- Alice (the business owner ) purchase $1000 worth of
lamps for resale from Light House Supply and put the amount on her account.
Invoice #384 was issued to Alice. I Debited Purchases and Credited Accounts
Payable. (Not sure if this transaction is correct).
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Introduction To Financial Accounting
Authors: Charles T Horngren, John A Elliott
9th Edition
0131479725, 978-0131479722
