Question 4 Record the following transactions in the cash disbursements journal: Mar. 1 Paid Duke Mfg (account number D101) RO980 for inventory purchased on Feb. 27 for RO1,000. Duke Mfg offered terms of 2/10, n/30, and you paid within the discount period using check No.4012. Mar. 3 Paid Emergency Plumbing RO450. They just came to fix the leak in the coffee room. Give them account number E143. Use check No.4013 and debit the Repairs and Maintenance account, No.655. Mar. 5 Used check No.4014 to pay Wake Mfg (account number W210) RO1,684 for inventory purchased on Feb. 25, no terms offered.
Question 4 Record the following transactions in the cash disbursements journal: Mar. 1 Paid Duke Mfg (account number D101) RO980 for inventory purchased on Feb. 27 for RO1,000. Duke Mfg offered terms of 2/10, n/30, and you paid within the discount period using check No.4012. Mar. 3 Paid Emergency Plumbing RO450. They just came to fix the leak in the coffee room. Give them account number E143. Use check No.4013 and debit the Repairs and Maintenance account, No.655. Mar. 5 Used check No.4014 to pay Wake Mfg (account number W210) RO1,684 for inventory purchased on Feb. 25, no terms offered.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter12: Special Journals
Section: Chapter Questions
Problem 4CE: Enter the following transactions in a cash payments journal like the one illustrated in the chapter:...
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Question 4
- Record the following transactions in the cash disbursements journal:
Mar. 1 |
Paid Duke Mfg (account number D101) RO980 for inventory purchased on Feb. 27 for RO1,000. Duke Mfg offered terms of 2/10, n/30, and you paid within the discount period using check No.4012. |
Mar. 3 |
Paid Emergency Plumbing RO450. They just came to fix the leak in the coffee room. Give them account number E143. Use check No.4013 and debit the Repairs and Maintenance account, No.655. |
Mar. 5 |
Used check No.4014 to pay Wake Mfg (account number W210) RO1,684 for inventory purchased on Feb. 25, no terms offered. |
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