The general ledger of Crystal Lake Golf Shop includes the following selected accounts, along with their account numbers: Transactions in December that atlected purchases and cash payments (Click on the icon to view the acoouints.) follow. [Click on the icon to view the transactions.] Requirements 1, 2,3. Crystal Lake Golf Shop records purchase retuins in the general journal. Use the appropriate journal to record the transactions in a purchiases journal, a cash payments journal (omit the Check No. column), and a general journal. The company uses the perpetual inventory systom. Tolal each column of the spocial journals. Show that total debits equal total credits in each special joumal. Show how postings would be made from the joumais by writing the account numbers and check marks in the appropriate places in the journals. Begin with the purchases journal. Enfer the transactions and total the journal. (if a box is not used in the joumal loave the box ompty; do not soloct information and do not enter a zoro. Enter X " it the column totat is not postod. Abbreviation used: Supp, = Sunglios Assume all bostinas ais marko in the applicable iedqers.) Data table Dec. 2 Purchased merchandise inventory on credit from Triton, $4,800. Terms were 2/10n/30. Dec. 3 Paid monthly rent, debiting Rent Expense for $2,900. Dec. 5 Purchased office supplies on credit terms of 2/10n/30 from Rigby Supply, $450. Dec. 8 Received and paid electricity utility bill, $510. Dec. 9 Purchased equipment on account from A Plus Equipment, \$6,500. Payment terms were n/30. Dec. 10 Returned the equipment to A Plus Equipment. It was damaged. Dec. 11 Paid Triton the amount owed on the purchase of December 2. Dec. 12 Purchased merchandise inventory on account from Crandell Golf, $4,700. Terms were 1/10 n/30. Dec. 13 Purchased merchandise inventory for cash, $610. Dec. 14 Paid a semiannual insurance premium, debiting Prepaid Insurance, $1,000. Dec. 16 Paid its account payable to Rigby Supply, from December 5. More info Dec. 11 Paid Triton the amount owed on the purchase of December 2. Dec. 12 Purchased merchandise inventory on account from Crandell Golf, $4,700. Terms were 1/10 n/30. Dec. 13 Purchased merchandise inventory for cash, \$610. Dec. 14 Paid a semiannual insurance premium, debiting Prepaid Insurance, $1,000. Dec. 16 Paid its account payable to Rigby Supply, from December 5. Dec. 18 Received and paid gas and water utility bills, $800. Dec. 21 Purchased merchandise inventory on credit terms of 1/10, n/45 from Darling, Inc., $3,700. Dec. 21 Paid its account payable to Crandell Golf from December 12. Dec. 22 Purchased office supplies on account from Office Stuff, Inc., $500. Terms were n/30. Dec. 26 Returned to Darling, Inc. $1,300 of the merchandise inventory purchased on December 21. Dec. 31 Paid Darling, Inc, the net amount owed from December 21, less the return on December 26. Show how total debits equal total credits. Now complete the cash payments journal. Enter the transactions and total the journal. (If a box is not used in the journal leave the box em, information and do not enter a zero. Enter " X " if the column total is not posted.)
