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Required: Record the following transactions of J. Min Designs in a general journal: DATE TRANSACTIONS 20X1 April 1 Purchased merchandise on credit from ORourke Fabricators,
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Record the following transactions of J. Min Designs in a general journal:
DATE | TRANSACTIONS | ||
20X1 | |||
April | 1 | Purchased merchandise on credit from ORourke Fabricators, Invoice 885, $1,900, terms 2/10, n/30; freight of $38 prepaid by ORourke Fabricators and added to the invoice (total invoice amount, $1,938). | |
9 | Paid amount due to ORourke Fabricators for the purchase of April 1, less the 2 percent discount, Check 457. | ||
15 | Purchased merchandise on credit from Kroll Company, Invoice 145, $1,200, terms 2/10, n/30; freight of $70 prepaid by Kroll and added to the invoice. | ||
17 | Returned damaged merchandise purchased on April 15 from Kroll Company; received Credit Memorandum 332 for $100. | ||
24 | Paid the amount due to Kroll Company for the purchase of April 15, less the return on April 17, taking the 2 percent discount, Check 470. |
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