Enter the following cash payments transactions in a general journal: Apr. 5 Issued Check No. 429 to
Question:
Enter the following cash payments transactions in a general journal:
Apr. 5 Issued Check No. 429 to Standard Industries for merchandise purchased March 27, $8,000, terms 2/10, n/30. Payment is made within the discount period.
19 Issued Check No. 430 to Finest Company for merchandise purchased April 10, $5,300, terms 1/10, n/30. A credit memo had been received on April 12 from Finest Company for merchandise returned, $300. Payment is made within the discount period after deduction for the return dated April 12.
21 Issued Check No. 431 to Funny Follies for merchandise purchased March 22, $3,250, terms n/30.
29 Issued Check No. 432 to Classic Data for merchandise purchased April 20, $7,000, terms 2/10, n/30. Payment is made within the discount period.
Step by Step Answer:
DATE DESCRIPTION 20 Apr 5 Accounts PayableStandard Industries Cash Purchases Disco...View the full answer
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