Question

Name: ranch of the April transactions identify the journal in which it would be recorded. Assume the mpany uses a sales journal, purchases journal, cash receipts journal, cash disbursements ournal, and general journal as illustrated in this chapter Apr 3 Purchased merchandise for $2,950 on credit, terms 2/10, n/30. 9 Issued check to buy store supplies for $650. 12 Sold merchandise costing $500 on credit for $770, terms n/30. 17 Issued check for $1,400 to pay off a note payable. 20 Purchased merchandise for $4.500 on credit, terms 2/10, n/30. 28 Issued check to pay amount due for purchase of Apr 20 less discount. 29 Paid salary of $1,800 with a check. 30 Issued check to pay amount due for the purchase of April 3. Date Apr 3 Transactions Special Journals Purchased merchandise with credit Purchases journal Apr 9 Apr 12 Apr 17 Apr 20 Apr 28 Apr 29 Apr 30 (Please turnover)

Answer 1

Date	Transactions	Special Journals
Apr 3	Purchased merchandise for $2,950 on credit, terms2/10,n/30.	Purchase Journal
Apr 9	Issue check to buy store supplies for $650.	Cash disbursement journal
Apr 12	Sold merchandise credit for $770, terms n/30	Sales Journal
Apr 17	Issue check for $1,400 to pay off a note payable.	Cash disbursement journal
Apr 20	Purchased merchandise for $4,500 on credit, terms 2/10, n/30	Purchase Journal
Apr 28	Issue check to pay amount due for purchase of April 20 less discount	Cash disbursement journal
Apr 29	Paid salary of $1,800 with a check	Cash disbursement journal
Apr 30	Issued check to pay amount due for the purchase of April 3.	Cash disbursement journal

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