two ques which is provide in photos. p-2 and p-3. and information is also mention which we can do in these sums.

p-2 is ques number 1 and p-3 is second question

P7-2B and P7-3B on pages 329 / 30 For P7-2B, you can use any cash purchases journal template to record the entries into. Remember to also post the entries into the ledgers. The debit memo entry (purchase returns and allowances) gets recorded in the general journal, and the schedule of accounts payable is a separate statement. For P7-3B, you can use any cash payments journal template. Remember to post the entries into the ledger. eral ledge: purchases P1-28. As the accountant of Sara's Cupcakes of Cold Lake, (a) journalize the following Journalizing, recording, and transactions in the purchases journal (page 10) or the peneral iournal (page 2). posting a purchases journal (b) record and post as appropriate, and (c) prepare a schedule of accounts pay- as well as recording a debit memorandum and preparing able. (Beginning balances are given in problem P7-2A.) a schedule of accounts 2019 (30 min) May 7 Purchased merchandise on account from Kenn Co., invoice No. 589, dated May 7, terms 2/10, n/60, $750. Cink Figure 10 Purchased merchandise on account from Stanton Co., invoice Total of Schedule of Accounts No. 1475, dated May 10, terms 2/10,n/60, $1,050. Payable $11,629 Purchased store supplies on account from Stacy Co., invoice No. 713, dated May 13, $1,145. 15 Issued debit memo No. 5 to Stanton Co. for merchandise returned, $250, from invoice No. 1475. 19 Purchased office equipment on account from King Co., invoice No. 1160, dated May 18, $2,569. 23 Purchased additional store supplies on account from Stacy Co.. invoice No. 786, dated May 23, terms 2/10,n/30, $875. 14 No. 212 we Na we Na 24 ume, chiar 18. Peter Daly operates a photo printing centre in Whitehorse. Peter has hired you as his bookkeeper to record the following transactions in the cash pay ments journal. He would like you to record and post as appropriate and sup- ply him with a schedule of accounts payable. (Beginning balances are given in Journalizing, recording, and posting a cash payments lournal: preparing a schedule of accounts payable (40 min) Na Problem 7-3A.) SPECIAL JOURNALS AND SUBSIDIARY LEDGERS 329 Checker Total of Schedule of Account Payable 53,300 2019 May que No. 721, 3 agus purchases ce Prepaid R lorenton co cheque No. 724, ses discount, 24 Bought a used delivery truck for $8,500 cash, cheque N payable to Ring Motors Co. Paid half the amount owed Marrk Co. from previous pe on account, less a 3% purchases discount, cheque No. 72 Bought merchandise from Dart Co., cheque No. 723, 32 Bought additional merchandise from Tack Co., cheque N $500. Paid P. Mark Co. the amount owed less a 3% purchases dis cheque No. 725. Paid rent expense to Downtown Realty Trust, cheque No > $1,500. Paid half the amount owed JNS Co., no discount, che No. 727. Paid utilities to City Utility Co., cheque No. 728; $325. dond operated by Iennifer Blanca bulves Account 27 Bank La 28 Journalizing, recording, and posting a purchases in 31 Owner's Egs 200 M. Jam P7-48, Suner Su