15. Amy Burke recently opened a gift store in Shelburne. As the bookkeeper of her shop,...

 

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15. Amy Burke recently opened a gift store in Shelburne. As the bookkeeper of her shop, journalize, record and post when appropriate, the following transactions (account numbers are: Inventory, 115; Store Supplies, 124%3; Store Equipment, 150; Accounts Payable, 211): 2019 Mar Bought merchandise on account from Whalen Co., invoice No. 443, dated March 2, terms 2/10 n/30, $1719. Bought store equipment from Mega Gifts Co., invoice No. 6217, dated March 4, $2,142. Bought merchandise on account from Kelsey Co., invoice No. 8554, dated March 8, terms 2/10 n/30, $1,036. Bought store supplies on account from Whalen Co., invoice No. 449, dated March 16, $1,427. 17 AMY BURKE GIFTS PURCHASES JOURNAL Page 1 Sundry Dr. Post Date Inv. Date of Post Accounts Inventory Dr. Account Credited Invoice No. Terms Ref. Payable Cr. Account Ref. Amount Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address 由 Q (D Page view A Read aloud V Draw 9 Highlight O Erase 圖 of 10 AMY BURKE GIFTS ACCOUNTS PAYABLE LEDGER Kelsey Co. 944 Owen Sound, Shelburne, ON LON 1S1 NAME: ADDRESS: Date Post Explanation Ref. Debit Credit Cr. Balance Mega Gifts Co. 315 Main Street, Shelburne, ON LON 1S6 NAME: ADDRESS: Date Post Explanation Ref. Debit Credit Cr. Balance 2:58 PM P Type here to search O , 9 4) ENG 2021-08-23 近 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address 向 (D Page view A Read aloud V Draw Y Highlight O Erase 10 of 10 10 NAME: Whalen Co. ADDRESS: 968 Main Street, Shelburne, ON LON 1S9 Date Post Explanation Ref. Debit Credit Cr. Balance AMY BURKE GIFTS PARTIAL GENERAL LEDGER NAME: Inventory ACCOUNT NO. 115 Date Post Dr Explanation Ref. Debit Credit Cr Balance 2:58 PM P Type here to search •9 d)) ENG 2021-08-23 近 Assignments & Exams - OneDri A Final Exam Level 1.pdf Search or enter web address 向 O Page view A Read aloud V Draw 9 Highlight 2 Erase 10 of 10 NAME: Store Supplies ACCOUNT NO. 124 Date Post Dr Explanation Ref. Debit Credit Cr Balance NAME: Store Equipment ACCOUNT NO. 150 Date Post Dr Explanation Ref. Debit Credit Cr Balance NAME: Accounts Payable ACCOUNT NO. 211 Date Post Dr Explanation D.C 2:59 PM P Type here to search CP 2 4) ENG 2021-08-23 15. Amy Burke recently opened a gift store in Shelburne. As the bookkeeper of her shop, journalize, record and post when appropriate, the following transactions (account numbers are: Inventory, 115; Store Supplies, 124%3; Store Equipment, 150; Accounts Payable, 211): 2019 Mar Bought merchandise on account from Whalen Co., invoice No. 443, dated March 2, terms 2/10 n/30, $1719. Bought store equipment from Mega Gifts Co., invoice No. 6217, dated March 4, $2,142. Bought merchandise on account from Kelsey Co., invoice No. 8554, dated March 8, terms 2/10 n/30, $1,036. Bought store supplies on account from Whalen Co., invoice No. 449, dated March 16, $1,427. 17 AMY BURKE GIFTS PURCHASES JOURNAL Page 1 Sundry Dr. Post Date Inv. Date of Post Accounts Inventory Dr. Account Credited Invoice No. Terms Ref. Payable Cr. Account Ref. Amount Assignments & Exams - OneDri O Final Exam Level 1.pdf Q Search or enter web address 由 Q (D Page view A Read aloud V Draw 9 Highlight O Erase 圖 of 10 AMY BURKE GIFTS ACCOUNTS PAYABLE LEDGER Kelsey Co. 944 Owen Sound, Shelburne, ON LON 1S1 NAME: ADDRESS: Date Post Explanation Ref. Debit Credit Cr. Balance Mega Gifts Co. 315 Main Street, Shelburne, ON LON 1S6 NAME: ADDRESS: Date Post Explanation Ref. Debit Credit Cr. Balance 2:58 PM P Type here to search O , 9 4) ENG 2021-08-23 近 Assignments & Exams - OneDri A Final Exam Level 1.pdf Q Search or enter web address 向 (D Page view A Read aloud V Draw Y Highlight O Erase 10 of 10 10 NAME: Whalen Co. ADDRESS: 968 Main Street, Shelburne, ON LON 1S9 Date Post Explanation Ref. Debit Credit Cr. Balance AMY BURKE GIFTS PARTIAL GENERAL LEDGER NAME: Inventory ACCOUNT NO. 115 Date Post Dr Explanation Ref. Debit Credit Cr Balance 2:58 PM P Type here to search •9 d)) ENG 2021-08-23 近 Assignments & Exams - OneDri A Final Exam Level 1.pdf Search or enter web address 向 O Page view A Read aloud V Draw 9 Highlight 2 Erase 10 of 10 NAME: Store Supplies ACCOUNT NO. 124 Date Post Dr Explanation Ref. Debit Credit Cr Balance NAME: Store Equipment ACCOUNT NO. 150 Date Post Dr Explanation Ref. Debit Credit Cr Balance NAME: Accounts Payable ACCOUNT NO. 211 Date Post Dr Explanation D.C 2:59 PM P Type here to search CP 2 4) ENG 2021-08-23

Answer rating: 100% (QA)

Journal entry of Amy burke for the month ended March 2019 Date Account Title and Explanation Debit Credit March 2 Inventory 1719 To Whalen Co 1719 to ... View the full answer