10B-2. As the accountant of Trina's Natural Food Store, (1) journalize the following transactions into...
60.1K
Verified Solution
Question
Accounting
10B-2. As the accountant of Trina's Natural Food Store, (1) journalize the following transactions into the general journal (p. 2), (2) record and post as appropriate, and (3) prepare a schedule of accounts payable. If using working papers, be sure to put in the following balances: Antion Co., S450; Block Co., $500; Midden Co., 51,150; Rex Co., 5250; Merchandise Inventory, $18,000; Accounts Payable, $2,350. Use the perpetual inventory method. 2017 Oct 8 Purchased $650 of merchandise on account from Antion Co., invoice no. 400, dated October 9; terms 9/10, 1/60. 10 Purchased $1,250 of merchandise on account from Block Co., invoice no. 420, dated October 11; terms 9/10, 1/60. 12 Purchased $700 of store supplies on account from Midden Co., invoice no. 510, dated October 13. 14 Issued debit memo no. 8 to Antion Co. for merchandise returned, 5500, from invoice no. 400. 17 Purchased $620 of office equipment on account from Rex Co., invoice no. 810, dated October 18 24 Purchased $400 of additional store supplies on account from Midden Co., invoice no. 516, dated October 25; terms 9/10. n/30

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.