Kim Brown of Whitehorse has hired you as her bookkeeper to record the following transactions in the

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Kim Brown of Whitehorse has hired you as her bookkeeper to record the following transactions in the cash payments journal. She would like you to record and post as appropriate and supply her with a schedule of accounts payable as of May 31, 2019. 

2019 May 3 Bought a delivery truck for $8,000 cash, plus GST, cheque No. 21, payable to Kyle Bauman Co. 

3 Paid half the amount owed Jerry Co. from previous purchases of computer merchandise on account, less a 5% purchases discount, cheque No. 22. 

7 Bought computer merchandise from Chane Co. for $900 cash, plus GST, cheque No. 23. 

17 Bought additional computer merchandise from Chane Co., cheque No. 24, $1,000, plus GST. 

24 Paid Ryan Co. the amount owed less a 5% purchases discount, cheque No. 25. 

27 Paid rent expense to Regan Realty Trust, cheque No. 26, $3,000, plus GST. 

28 Paid half the amount owed Evan Co., no discount, cheque No. 27. 

31 Paid utilities expense to County Utility, cheque No. 28, $425, plus GST.

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College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

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