During April, Xitang Company completed the following credit purchase transactions:
Apr. 5 Purchased supplies, $400, from Central Co.
11 Purchased inventory, $1,200, from McDonald Ltd. Xitang Company uses a perpetual inventory system.
14 Issued cheque to pay Central Co.
19 Purchased equipment, $4,300, from Baker Corp.
20 Issued cheque to pay Baker Corp.
22 Purchased inventory, $2,210, from Khalil Inc.
Required
Record these transactions first in the general journal-with explanations- and then in the purchases journal. Omit credit terms, posting references, and invoice dates. After setting up the purchases journal form, which procedure for recording transactions is quicker? Why?