Selected accounts from the ledgers of Peterson Ltd at 31 July showed the following. General ledger...
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Selected accounts from the ledgers of Peterson Ltd at 31 July showed the following. General ledger Store equipment Explanation Ref. Debit Credit G11 1,820 Date July 1 Date July 1 15 18. 25 31 Date July 15 18 25 31 Accounts payable Explanation Ref. Debit Credit G11 1,820 G11 210 G11 G11 P10 Date July 17 18 29 Inventory Explanation Ref. G11 50 110 G11 G11 P10 4,210 Accounts payable subsidiary ledger Alou Equipment Date Explanation Ref. Debit Credit July 1 G11 1,820 4,210 Debit Credit 210 50 Benton Ltd Date Explanation Ref. Debit Credit July 3 P10 900 20 P10 320 50 110 No. 153 Balance 1,820 1,080 No. 201 Balance 1,820 2,030 1,980 1,870 6,080 No. 120 Balance 210 160 50 4,260 Balance 1,820 Comerica Materials Explanation Ref. Debit Credit Balance P10 770 G11 P10 Balance 900 1,220 770 720 1,800 Dunlap Pty Ltd Date Explanation Ref. Debit Credit July 14 25 P10 600 G11 Emerick Ltd Date Explanation Ref. Debit Credit P10 220 P10 320 July 12 21 110 Galant Transit Date Explanation Ref. Debit Credit July 15 G11 210 Date Peterson Ltd Purchases journal Balance 600 490 (a) From the data prepare the single-column purchases journal for July. Account credited Ref. Balance 220 540 Balance 210 P10 Inventory Dr Accounts payable Cr Selected accounts from the ledgers of Peterson Ltd at 31 July showed the following. General ledger Store equipment Explanation Ref. Debit Credit G11 1,820 Date July 1 Date July 1 15 18. 25 31 Date July 15 18 25 31 Accounts payable Explanation Ref. Debit Credit G11 1,820 G11 210 G11 G11 P10 Date July 17 18 29 Inventory Explanation Ref. G11 50 110 G11 G11 P10 4,210 Accounts payable subsidiary ledger Alou Equipment Date Explanation Ref. Debit Credit July 1 G11 1,820 4,210 Debit Credit 210 50 Benton Ltd Date Explanation Ref. Debit Credit July 3 P10 900 20 P10 320 50 110 No. 153 Balance 1,820 1,080 No. 201 Balance 1,820 2,030 1,980 1,870 6,080 No. 120 Balance 210 160 50 4,260 Balance 1,820 Comerica Materials Explanation Ref. Debit Credit Balance P10 770 G11 P10 Balance 900 1,220 770 720 1,800 Dunlap Pty Ltd Date Explanation Ref. Debit Credit July 14 25 P10 600 G11 Emerick Ltd Date Explanation Ref. Debit Credit P10 220 P10 320 July 12 21 110 Galant Transit Date Explanation Ref. Debit Credit July 15 G11 210 Date Peterson Ltd Purchases journal Balance 600 490 (a) From the data prepare the single-column purchases journal for July. Account credited Ref. Balance 220 540 Balance 210 P10 Inventory Dr Accounts payable Cr
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Solution A Date 3July 12July 14 July 17July 20July 21July 29July Date Single Column ... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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