Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. marx supply uses a sales journal, purchases journa

Marx Supply uses a sales Journal, purchases journal, cash receipts journal, cash payments Journal, and...

90.2K

Verified Solution

Question

Accounting

image
Marx Supply uses a sales Journal, purchases journal, cash receipts journal, cash payments Journal, and general journal. Journalize the following transactions that should be recorded in the cash payments Journal April 3 Purchased merchandise for $3,200 on credit from Seth, Inc., terns 2/10, 1/30 9 Issued check no. 210 to kitt Corp. to buy store supplies for 5512 12 Sold merchandise costing $562 to C. Myrs for $944 on credit, terns 1/30. 17 Issued check no. 211 for $1,500 to pay off a note payable to City Bank 20 Purchased merchandise for $3,800 on credit from Lite, terns 2/10, 1/30. 28 Issued check no. 212 to late to pay the amount due for the purchase of April 20 less the discount of $76. 29 Paid salary of $2,150 to B. Dock by issuing check no. 213. 30 Issued check no. 214 to Seth, Inc. $3,200 to pay for the April 3 purchase. CASH PAYMENTS JOURNAL Date C. No Payee Account Debited Cash Cr Inventory C Other Accounts Accounts Payable De

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Accounting
1.2K views

Brief the followingCases:Eisner v. Macomber 252U.S. 189 (1920)Cheek v. U.S. 498 U.S....Brief the followingCases:Eisner...

Statistics
1.2K views

TechX have received complaints of excessive packaging of one of their products.  To test whether new minimalist...

Statistics
1.2K views

Determine the critical value for a right-tailed test regarding a population propotion at the alpha =...

Accounting
1.2K views

Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Inc., has been...

Basic Math
1.2K views

Annie and Alvie have agreed to meet between 5:00 P.M. and 6:00 P.M. for dinner at...

Physics
1.2K views

Refrerring to the figure the image of the quadrilateral XYZW placed front of the concave...

Basic Math
1.2K views

Your little sister is selling scout cookles and you go along with her. Suppose the...

Statistics
1.2K views

132 Apolling group recently conducted a survey asking adults across the United States about music...

Algebra
1.2K views

My Activities Question Points 1 Find the volume of the given rectangular prism 7 m...

Algebra
1.2K views

Using t sec 8 we can also say that 1 sec 8 V tan 8

Accounting
1.2K views

Frankfort Corporation purchases an investment in Bradley, Inc. at a purchase price of $9.8 million...

Accounting
1.2K views

The inventories control account balance of St George Fashions at 30 June 2023 was $110...