Problem 8.3A (Static) Posting purchases and cash payment transactions. LO 8-3, 8-4, 8-5 PLEASE HELP

Problem 8.3A (Static) Posting purchases and cash payment transactions. LO 8-3, 8-4 , 8-5

Problem 8.3A (Static) Posting purchases and cash payment transactions. LO 8-3, 8-4, 8-5 High Country Ski Shop is a retail store that sells ski equipment and clothing. High Country Ski Shop commenced business on September 1, 20X1. The firm purchases merchandise on open account. The firm's purchases, purchase returns and allowances, and cash payments on account during September 201 follow: OATE TRANSACTIONS 201. purchased ski boots for $7,600 plus a freight charge of $310 from colorado sk1 5hop, Involce 6672, terns n/3e. 3. Purchased skis for \$13,200 from Dlack Ice Supply Conpany, Imolice 9916 ; terms 3/1e, n/30. 7 Received Kredit Mensrandun 165 for $1,100 from Colorado 5k1 shop for return of dayaged ski boots; the boots were originu1ly purchased septenber 2 on imolice 6672 . 11 Purchased sk1 jackets for $4,000 fron cold Mowntoin Clothing company, Involce 4091 , teras n/30. 12 Issued check 104 to Black tee Supply conpory in payment of involce 5916, dated 5eptenber 3, less the cash discount. 22 Purchased akl poles for $5,760 plus a frelght charge of 3170 fron Elack ice Supply Conpany, involce 5950, terns 3/10, n/30. 23 Purchased sk! pants for $3,200 frow white Hire ski Goodv, Involce, 528, teces n/30, 25 Recelved Credit lemorandus 245 for $320 from ithite Fire ski Goods for return of defective skd pants: the pants were orinimally purchased septeaber 23 on imvolce 328 . 2) Purchased skt sweaters for 33,750 plus o freight charge of 5200 fron colorado 5k1 shop, Invoice 6722, terms n/3e. 30 tssued Check 110 to Colorado Sk1 shop in paynent of invoice 6672 , dated septenber 2 , less the return of septenber 7. Required: 20. Post the transactions to the approptiate accounts in the general ledget. 26 . Post the transactions to the approptate accounts in the accounts payable ledget 3. Prepare a schedule of accounts payable. GENERAL LEDGER ACCOUNTS ACCOUNTS PAYABLE LEDGER ACCOUNTS Black Ice Supply Company Cold Mountain Clothing Company Colorado Ski Shop White Fire Ski Goods Analyze: What portion of the purchases in September, before purchases returns and allowances and before purchases dis clothing items? Include ski boots as a clothing item. Complete this question by entering your answers in the tabs below. Post the transactions to the appropriate accounts in the qeneral ledqer. Post the transactions to the appropriate accounts in the accounts payable ledger. Prepare a schedule of accounts payable. Analyze: What portion of the purchases in September, befote purchases returns and allowances and before purchases discounts, v clothing items? Include ski boots as a clothing item. Complete this question by entering your answers in the tabs below. What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were for clothing items? Include ski boots as a clothing item. Problem 8.3A (Static) Posting purchases and cash payment transactions, LO 8-3, 8-4, 8-5 High Country Siki Shop is a retail stote that sells ski equiprnent and clothing. High Country Ski Shop commenced business an September 1,20X1. The firm purchases merchandise on open account. The firm's purchases, purchase returns and allowances, and cash poyenents on account during September 201 follow: A/3e. originally purchased septeeber 23 on Invotce s25, 30. Issued Check 110 to colorads skel shop in pyinent of Imofer 6672 , fated Septenber 2 , less the return of septewiter 7. Required: 2a. Post the transactions to the appropriate accounts in the general ledget. 2b. Post the transactions to the appropriate accounts in the accounts payable ledget. 3. Prepare a schedule of accounts payable. Required: 2o. Post the transactions to the approprate accounts in the general ledger 2b. Post the transactions to the appropriate accounts in the accounts payabse ledget 3. Prepare a schedule of accounts payable. ACCOUNTS PAYABLE LEDGER ACCOUNTS Black lce Supply Company Cold Mountain Clothing Company Colorado Ski Shop Whate Fire Ski Goods Analyze: What portion of the purchases in September, before purchases retuins and allowances and before purchases ciscounts, were for clothing items? Include ski boots as a clothing item. Fost the transactions to the appopriate accounts in the general ledger; ost the transactions to the appropriate accounts in the accounts payable ledger. Prepare a schedule of accounts payable. Analyze: What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were clothing items? Include ski boots as a clothing item. Complete this question by entering your answers in the tabs below. What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were for clothing items? Include ski boots as a clothing item