Ely Goldman recently opened a specialty food store in Brantford. As the bookkeeper of his shop, journalize,
Question:
Ely Goldman recently opened a specialty food store in Brantford. As the bookkeeper of his shop, journalize, record, and post when appropriate the following transactions (account numbers are Inventory, 115; Store Supplies, 130; Store Equipment, 151; Accounts Payable, 210):
2023
June
2 Bought merchandise on account from Beamer Co., invoice No. 3683, dated June 2, terms 2/10, n/30, $2,845.
4 Bought store equipment “on account” from Frank Co., invoice No. 653, dated June 4, $3,125.
7 Bought merchandise on account from Bennet Co., invoice No. 7089, dated June 7, terms 2/10, n/30, $1,980.
15 Bought store supplies on account from Beamer Co., invoice No. 3721, dated June 13, $750.
Step by Step Answer:
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good