Question

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 $2,950 on credit from Seth, Inc., terms 2/10, n/30. 9 Issued check no. 210 to Kitt Corp. to buy store supplies for $650. 12 Sold merchandise costing $500 to C. Myrs for $770 on credit, terms n/30. 17 Issued check no. 211 for $1,400 to pay off a note payable to City Bank. 20 Purchased merchandise for $4,500 on credit from Lite, terms 2/10, n/30. 28 Issued Check No. 212 to Lite to pay the amount due for the April 20 purchase less the $90 discount. 29 Paid salary of $1,800 to B. Dock by issuing check no. 213. 30 Issued check no. 214 to Seth, Inc., for $2,950 to pay for the April 3 purchase. CASH PAYMENTS JOURNAL Date Ck. No Payee Account Debited Cash Cr. Other Accounts Inventory Cr. A - Accounts Dr. Payable Dr.

Answer 1

	Cash Payments Journal
Date	Chk. No.	Payee	Account Debited	Cash Cr.	Inventory Cr.	Other Accounts Dr.	Accounts Payable Dr.
Apr-09	210	Kitt Corp	Store Supplies	$                   650		$           650
Apr-17	211	City Bank	Notes Payable	$               1,400		$        1,400
Apr-28	212	Lite	Lite	$               4,410	$                 90		$              4,500
Apr-29	213	B.Dock	Salaries Expense	$               1,800		$        1,800
Apr-30	214	Seth Inc	Seth Inc	$               2,950			$              2,950

Transactions not involving cash are not entered in cash payments journal