Required information SB Problem 8.1A (Algo ) The following information applies to the questions displayed below.] Digital World is a retail store that sells cameras and photography supplies . The firm's credit purchases and purchases returns and allowances transactions for June 20X1 appear below , along with the general ledger accounts used to record these transactions . The balance shown in Accounts Payable is for the beginning of June.

Required intormation S8 Problem 8.1A (Algo) [The following information applies to the questions displayed below.] Digital Worid is a retall store that sells cameras and photography supplies. The firm's credit purchases and purchases returns and allowances transactions for June 201 appear below, along with the generai ledger accounts used to record these transactions. The balance shown in Accounts Payabie is for the beginning of June. GENERAL LEDSER ACCOUNTS 205 Accounts payable, 513,554Cr. 581 Purchases 502 Frelght in 503 Purchases returns and allowances OATE TRAKLCTIONS June 1 Purchased instant cameras is 51, 3ad plus a rretght crapge at sita irom pro photo Equipment, Involce 4241, Cates May 27; the terns are tadas net. 25. net gaymile sal es bays. Solvitile \$4 43 sevi. Complete this question by entering your answer in the tabs below. Post the opening balances and transactions Into the appropriate ledger accounts. Problem 8.1A (Algo) Journalizing credit purchases and purchases returns and allowances and posting to the general ledger. LO 8-1, 8-2, 8-3 Required: 1. Open the general ledger accounts and enter the balance of Accounts Payable for June 1, 201. 2. Record the transactions in a three-column purchases journal and in a general journal. 3. Post entries from the general journal to the general ledger accounts. 4. Total and rule the purchases journal as of June 30 . 5. Post the column totals from the purchases journal to the proper general ledger accounts. 6. Compute the net delivered cost of purchases for the firm for the month of June. Analyze: What total purchases were posted to the Purchases general ledger account for June? Complete this question by entering your answer in the tabs below. Prepare a three-column purchase journal to record the above transactions for 201. Cosnplete this gaestion by entering your answar hen the tabd below, Record transbctions in the general gounta! Complete this question by entering your answer in the tabs below. What total purchases were posted to the Purchases general ledger account for June? Compute the net purchases of the firm for the month of June