Selected accounts from the ledgers of Ramos Company at July 31 showed the following. Instructions From the
Question:
Selected accounts from the ledgers of Ramos Company at July 31 showed the following.
Instructions
From the data prepare:
(a) The single-column purchases journal for July.
(b) The general journal entries for July.
Transcribed Image Text:
GENERAL LEDGER No. 153 Invento No. 120 Date ation Ref. Debit Credit Balance Date lanation Ref. Debit Credit Balance G1 3,900 3,900 July 15 18 25 G1 G1 G1 P1 8,500 600 No. 201 Ref. Debi Credit Balance 3,900 4,500 4,120 3,920 8,50012,420 380 220 Date 8,520 July 1 15 18 25 31 G1 G1 G1 380 G1 200 P1 3,900 5 ACCOUNTS PAYABLE LEDGER Alaska Equi ation Ref. Debit CreditBalance Date Date tion Ref. De Credit Balance G1 3,9003,900 July 14 1,300 1,100 G1 200 Carolina Co. Date July 3 Ref. Debit Credit Balance Date lanation Ref.Debit Credit Balance P1 2,400 2,400 July 12 2 P1 20 3,100 1,100 Florida Corp Oklahoma Inc. Date Explanation Ref. DebCredit Balance Date Explanation Ref. Debit Credit Balance July 17 P1 G1 380 P1 1.400 1,400 July 15 G1 1,020 2,620 1,600
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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