Jian Corporation has been using a voucher system for several years and records invoices at gross. Prepare
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Jian Corporation has been using a voucher system for several years and records invoices at gross. Prepare entries in the voucher register and check register for the following transactions:
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202X Sept. 1 Purchased merchandise inventory on account from River Corporation for $6,800; terms 3/10, n/30; voucher no. 68 was prepared. 5 Purchased merchandise inventory on account from Reed Corporation for $7,400; terms 3/10, n/30; voucher no. 69 was prepared. 8 Issued check no. 75 to pay for voucher no. 69. 10 Issued check no. 76 to pay for voucher no. 68. 14 Purchased merchandise inventory on account from Lucy Corporation for $9,100; terms 3/10, n/30; voucher no. 70 was prepared. 17 Returned $3,100 of the merchandise to Lucy Corporation due to poor workmanship; voucher no. 71 was prepared to replace voucher no. 70. 20 Issued check no. 77 to pay for voucher 71.
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College Accounting A Practical Approach Chapters 1-25
ISBN: 9780137504282
15th Edition
Authors: Jeffrey Slater, Mike Deschamps
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