From the accompanying purchases journal, record in the accounts payable subsidiary ledger and post to general ledger
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PURCHASES JOURNAL Page 1 Accounts GST Post. Payable Prepaid Purchases Sundry-Dr. Account Date of Date CreditedInvoice Terms Ref Credit Debit Account PR Amount 2014 une 3 Barr Co. June 3 1/10, n/30 42000 84000 200040000 6 Jess Co 9 Rey Co June 6 n/10, EOM une 9 Equipment 60000 Partial Accounts Payable Subsidiary Ledger Barr Co. Partial General Ledger Equipment 120 GST Prepaid 125 Accounts Payable 210 Jess Co. Rey Co Purchases 510
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College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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