Recording and Posting Purchases and Cash Payment Transactions. Purchases and cash payment transactions made by Best News for the month of March are described below:

Instructions: Prepare the following reports: Purchases Journal, Cash Disbursement Journal, Vendor Ledger

Purchases Journal
Date	Description	Document #	Post. Ref.	Purchases Debit	Accounts Payable Credit

Cash Disbursements Journal
Date	Description	Document #	Post. Ref.	General Debit	Cash Credit