Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. record the following transactions of j. min design

Record the following transactions of J. Min Designs in a general journal: TRANSACTIONS DATE 2019...

80.2K

Verified Solution

Question

Accounting

image
Record the following transactions of J. Min Designs in a general journal: TRANSACTIONS DATE 2019 April 1 15 Purchased merchandise on credit from O'Rourke Fabricators, Invoice 885, $2,100, terms 3/10, n/30; freight of 563 prepaid by O'Rourke Fabricators and added to the invoice (total invoice amount, $2,163). Paid amount due to O'Rourke Fabricators for the purchase of April 1, less the 3 percent discount, Check 457. Purchased merchandise on credit from Kroll Company, Invoice 145, $1,300, terms 3/10, n/30; freight of $80 prepaid by Kroll and added to the invoice. Returned damaged merchandise purchased on April 15 from Kroll Company; received Credit Memorandum 332 for $100. Paid the amount due to Kroll Company for the purchase of April 15, less the return on April 17, taking the 3 percent discount, Check 478. 24 View transaction list 1 2 3 4 5 Purchased merchandise on credit from O'Rourke Fabricators, Invoice 885, $2,100, terms 3/10, n/30; freight of $63 added paid by O'Rourke Fabricators and added to the invoice (total invoice amount, $2,163). Note: Enter debits before credits. General Journal Debit Credit Date Apr 01, 2019

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

Chemistry
1.2K views

The boiling point of an aqueous solution is 102.34 °C. What is the freezing point?

General Management
1.2K views

Directions: For this assignment, review an audio recording of Dr. Martin Luther King, Jr.’s “I Have...

Geometry
1.2K views

Defined by two lines or rays diverging from a common point A perpendicular lines B...

Accounting
1.2K views

The following standards have been established for a raw material used to make...

Accounting
1.2K views

Zimmerman Company purchased a piece of manufacturing equipment for $36,000 on January 1, 2020. The...

Accounting
1.2K views

Please help with these The following narrative describes some details about...

Accounting
1.2K views

The comparative balance sheets of Posner Company, for Years 1 and 2 ended December 31,...

Accounting
1.2K views

e of HARTLEY'S HARLEY BIKES INC. Trial Balance April 30, 2020 Cash $14.245 Accounts Receivable...

Accounting
1.2K views

On the basis of the following data, determine the value of the inventory at the...

Accounting
1.2K views

You need to choose between making a public offering and arranging a private placement. In...

Accounting
1.2K views

Nick Co. receives inventory costing $1,000 from a supplier in September of 2017 and pays...

Accounting
1.2K views

En su primer mes de operaciones, Alfabetizacin para Analfabetos abri una nueva librera y compr...