Presented below are selectad accounts from the chart of accounts of Wildhorse Company. 101 ...

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Accounting

Presented below are selectad accounts from the chart of accounts of Wildhorse Company.
101
401 Sales Revenua
112 Accounts Recaivable 412 Sales Returns and Allawances
120 Imentery 414 Sales Discounts
126 Suppliss 505 Cast of Goods Sold
157 Equipment 726 Salaries and Wages Expense
201 Accounts Pryable
The cost of all merchandise sold was 60% of the sales price. During January, Wildhorse complated tha following transac
Jan. Purchased marchandise on account from Gallagher Ca. $10,000.
3
4 Purchased supplies for cash $60.
4 Sold marchandise on account to Whealar $6,760, imroice na.371, tarms 110,n30
5 Returned $200 worth of damaged epods purchased on account from. Gal azher Ca, on January 3.
6 Made cash sales for tha vreaktotaling $3,960.
A Purchased marchandse an actount from Phegley Ca. $5,800.
9 Sold marchandise on account to Lintan Corp. $7,500, invaice no.372, tarms 1/10, n/30.
11 Aurchasad marchand sa en account from Cora Co. $3,800.
13 Made cash s as for the wask totaling $6,990.
15 Race wed payment from Lheen, Corp. far migica na 372
15 Pd s sami-monthly salarias of $14.500 to amslavess.
17 Raca wad paymant from Whas ac foringite no 371.
19 Putchasue aquiprars on account fram Doti ar Cerpo $5,2$0
20 Paid in full Pheyloy Ca an account kat a ZK divolunt.
24 Purchaed marchandive on actount from Atchioan Corp $4,660.
27 Modecash salas for the wask totaling $4,150 a
20 Received buyment fran Delanay Ca for implos ne: 372.
31 Faid toni mandly salarier of $12,550 bo envlayes.
Marsar Comearry ures the forlowing journa's.
1 Sales joumat
2 Singliccalimn purthases jourhal.
3. Caskracqusu iourna!
4. Cashoyeantsjourral.
3. Gareraljounal.
Using the seiveted accauntes providad: order dinlorad in the pobilen stedrnenty
\table[[Purchases Journal],[Date,Account Credited,Ref.,\table[[Inventory Dr.],[Accounts Payable Cr.]]],[,?2,],[,?2,],[,,],[,,],[,v,],[,,(120201)
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