Presented below are the purchase and cash payments journals for Fornelli Co. for its first month of
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Presented below are the purchase and cash payments journals for Fornelli Co. for its first month of operations.
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PURCHASES JOURNAL P1 Inventory Dr. Accounts Payable Cr. Date Account Credited Ref. N. Alvarado F. Rees 11 July 4 6,800 8,100 5,920 15,300 7,900 J. Gallup 13 C. Werly M. Mangus 20 44,020 CASH PAYMENTS JOURNAL CP1 Other Accounts Accounts Payable Dr. Account Inventory Cr. Cash Cr. Date Debited Ref. Dr. July 4 Supplies 600 600 8,019 6,000 6,800 2,500 15,147 F. Rees Prepaid Rent 15 10 8,100 81 11 6,000 N. Alvarado Owner's Drawings C. Werly 6,800 19 2,500 21 15,300 153 9,100 30,200 234 39,066 PURCHASES JOURNAL P1 Inventory Dr. Accounts Payable Cr. Date Account Credited Ref. N. Alvarado F. Rees 11 July 4 6,800 8,100 5,920 15,300 7,900 J. Gallup 13 C. Werly M. Mangus 20 44,020 CASH PAYMENTS JOURNAL CP1 Other Accounts Accounts Payable Dr. Account Inventory Cr. Cash Cr. Date Debited Ref. Dr. July 4 Supplies 600 600 8,019 6,000 6,800 2,500 15,147 F. Rees Prepaid Rent 15 10 8,100 81 11 6,000 N. Alvarado Owner's Drawings C. Werly 6,800 19 2,500 21 15,300 153 9,100 30,200 234 39,066 PURCHASES JOURNAL P1 Inventory Dr. Accounts Payable Cr. Date Account Credited Ref. N. Alvarado F. Rees 11 July 4 6,800 8,100 5,920 15,300 7,900 J. Gallup 13 C. Werly M. Mangus 20 44,020 CASH PAYMENTS JOURNAL CP1 Other Accounts Accounts Payable Dr. Account Inventory Cr. Cash Cr. Date Debited Ref. Dr. July 4 Supplies 600 600 8,019 6,000 6,800 2,500 15,147 F. Rees Prepaid Rent 15 10 8,100 81 11 6,000 N. Alvarado Owner's Drawings C. Werly 6,800 19 2,500 21 15,300 153 9,100 30,200 234 39,066 PURCHASES JOURNAL P1 Inventory Dr. Accounts Payable Cr. Date Account Credited Ref. N. Alvarado F. Rees 11 July 4 6,800 8,100 5,920 15,300 7,900 J. Gallup 13 C. Werly M. Mangus 20 44,020 CASH PAYMENTS JOURNAL CP1 Other Accounts Accounts Payable Dr. Account Inventory Cr. Cash Cr. Date Debited Ref. Dr. July 4 Supplies 600 600 8,019 6,000 6,800 2,500 15,147 F. Rees Prepaid Rent 15 10 8,100 81 11 6,000 N. Alvarado Owner's Drawings C. Werly 6,800 19 2,500 21 15,300 153 9,100 30,200 234 39,066 PURCHASES JOURNAL P1 Inventory Dr. Accounts Payable Cr. Date Account Credited Ref. N. Alvarado F. Rees 11 July 4 6,800 8,100 5,920 15,300 7,900 J. Gallup 13 C. Werly M. Mangus 20 44,020 CASH PAYMENTS JOURNAL CP1 Other Accounts Accounts Payable Dr. Account Inventory Cr. Cash Cr. Date Debited Ref. Dr. July 4 Supplies 600 600 8,019 6,000 6,800 2,500 15,147 F. Rees Prepaid Rent 15 10 8,100 81 11 6,000 N. Alvarado Owner's Drawings C. Werly 6,800 19 2,500 21 15,300 153 9,100 30,200 234 39,066 PURCHASES JOURNAL P1 Inventory Dr. Accounts Payable Cr. Date Account Credited Ref. N. Alvarado F. Rees 11 July 4 6,800 8,100 5,920 15,300 7,900 J. Gallup 13 C. Werly M. Mangus 20 44,020 CASH PAYMENTS JOURNAL CP1 Other Accounts Accounts Payable Dr. Account Inventory Cr. Cash Cr. Date Debited Ref. Dr. July 4 Supplies 600 600 8,019 6,000 6,800 2,500 15,147 F. Rees Prepaid Rent 15 10 8,100 81 11 6,000 N. Alvarado Owner's Drawings C. Werly 6,800 19 2,500 21 15,300 153 9,100 30,200 234 39,066
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Related Book For
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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