Journalize, record, and post when appropriate the following transactions into the general journal (p. 2) for Cody's Clothing. All purchases discounts are 1/10, n/30. Assume the periodic inventory system. If using working papers, be sure to put in beginning balances.

201X

Apr. 1

Issued check no. 20 to A. Jae Company in payment of its March 28 invoice no. 522.

8 Issued check no. 21 to Flanders Advertising in payment of its advertising bill, $96, no discount.

15 Issued check no. 22 to B. Miller in payment of its March 25 invoice no. 488.

Accounts Payable Subsidiary Ledger

Partial General Ledger
Account......................................Balance
Cash 110......................................$3,600
Accounts Payable 210........................3,550
Purchases Discount 511
Advertising Expense 610

Transcribed Image Text:

Balance Name A. Jae B. Miller J. Hall B. Parker $1,400 800 1,100 250 Invoice No. 522 488 562 821