Requirements 1 and 2. Prepare headings for a purchases journal. Journalize the transactions that should be recorded in the purchases journal. The company uses the perpetual inventory systern. Total each column of the purchases journal. (If a box is not used in the journal leave the box empty, do not select information and do not enter a zero Abbreviations used Acct Pay = Accounts Payable, Acct. Rec = Accounts Receivable, Cust = Customer, Or Supo = Office Supplies) Purchases Journal Page More info Post Post Ref Ror Apr. 2 Apr Apr. 5 Apr. 11 Apr. 12 Apr. 19 Purchased merchandise inventory on credil tennis of 3/10, 1/60 frorn Varnun Co., $2,800 Issued chock no 620 lo purchase equipment for cash. $3,800. Purchased merchandise inventory for cash, $450, issuing Check no. 321. Issued check na 822 to pay Varnum Co net amount owed from Apr. 2. Purchased office supplies on account frorn Danvers Supplies, $450. Terims were n'EOM FOM Purchased merchandise inventory on credit terms of net 30 from Wilma Sales, $2,000. Issued check na 823 to pay for insurance coverage, debiting Prepaid Insurance for $1,100 Issued check na 824 to pay rent for the month $1,600 . 30 Totals Apr. 24 Apr. 28 Apr. 29 Print Done Etext pages Calculator