Question: Abby Kim recently opened Skates com Abby uses a purchases journal

Abby Kim recently opened Skates.com. Abby uses a purchases journal to record purchases on account. As the bookkeeper of her company, please journalize, record, and post when appropriate the following transactions (account numbers are Store Supplies, 115; Store Equipment, 121; Accounts Payable, 210; Purchases, 510):
201X
June 4 Bought $700 of merchandise on account from Mail.com, invoice no. 442, dated June 5; terms 2/10, n/30.
5 Bought $4,000 of store equipment from Norton Co., invoice no. 502, dated June 6.
8 Bought $1,400 of merchandise on account from Rolo Co., invoice no. 401, dated June 9; terms 2/10, n/30.
14 Bought $900 of store supplies on account from Mail.com, invoice no. 419, dated June 14.


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  • CreatedApril 24, 2014
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