The following purchase transactions occurred during August for Backcountry Kayak Excursions. Aug. 1...
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The following purchase transactions occurred during August for Backcountry Kayak Excursions.
Aug. 1 Purchased Kevlar kayaks (equipment) for $342 on account from Gear Inc. 6 Purchased kayak paddles (supplies) for $797 on account from Southland Co. 14 Purchased life vests (supplies) for $3,392 on account from Gear Inc.
Journalize these transactions, using a purchases journal. If no entry is required, select "no entry" from the dropdown box. If an amount box does not require an entry, leave it blank.
Purchases Journal Page 1 Date Account Credited Post Ref Accounts Payable Cr. Supplies Dr. Other Accounts Dr. Post. Ref. Amount Aug. 1 Backcountry Kayak CompanyGear Inc.No entrySouthland Co. fill in the blank 2 fill in the blank 3 Accounts ReceivableCashEquipmentNo entry fill in the blank 5 6 Backcountry Kayak CompanyGear Inc.No entrySouthland Co. fill in the blank 7 fill in the blank 8 Accounts ReceivableCashEquipmentNo entry fill in the blank 10 14 Backcountry Kayak CompanyGear Inc.No entrySouthland Co. fill in the blank 12 fill in the blank 13 Accounts ReceivableCashEquipmentNo entry fill in the blank 15
The following purchase transactions occurred during August for Backcountry Kayak Excursions.
Aug. 1 | Purchased Kevlar kayaks (equipment) for $342 on account from Gear Inc. | |
6 | Purchased kayak paddles (supplies) for $797 on account from Southland Co. | |
14 | Purchased life vests (supplies) for $3,392 on account from Gear Inc. |
Journalize these transactions, using a purchases journal. If no entry is required, select "no entry" from the dropdown box. If an amount box does not require an entry, leave it blank.
Purchases Journal | Page 1 | ||||||
Date | Account Credited | Post Ref | Accounts Payable Cr. | Supplies Dr. | Other Accounts Dr. | Post. Ref. | Amount |
Aug. 1 | Backcountry Kayak CompanyGear Inc.No entrySouthland Co. | fill in the blank 2 | fill in the blank 3 | Accounts ReceivableCashEquipmentNo entry | fill in the blank 5 | ||
6 | Backcountry Kayak CompanyGear Inc.No entrySouthland Co. | fill in the blank 7 | fill in the blank 8 | Accounts ReceivableCashEquipmentNo entry | fill in the blank 10 | ||
14 | Backcountry Kayak CompanyGear Inc.No entrySouthland Co. | fill in the blank 12 | fill in the blank 13 | Accounts ReceivableCashEquipmentNo entry | fill in the blank 15 |
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