Carney Company, which is a medium-sized firm, uses a voucher system.
Record each of the following entries in general journal form. Assume that Carney Company records all vouchers at gross.
201X
July 6 Voucher no. 50 was prepared for the purchase of $6,500 of merchandise from Patrick Company; terms 5/10, n/30.
9 Voucher no. 51 was prepared for the purchase of $4,200 of equipment; terms 5/10, n/30.
15 Check no. 55 was issued in payment of voucher no. 51.
16 Check no. 56 was issued in payment of voucher no. 50.