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  • Dael Merchandising Activity

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    elijah dael
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    The general journal document records various purchases transactions by a company between June 2 and June 30. It shows debits to purchase accounts and credits to cash, accounts payable, and notes payable accounts to record the purchases on credit. On June 27, it also shows a payment of accounts payable by debiting accounts payable and crediting cash.

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    The general journal document records various purchases transactions by a company between June 2 and June 30. It shows debits to purchase accounts and credits to cash, accounts payable, and notes payable accounts to record the purchases on credit. On June 27, it also shows a payment of accounts payable by debiting accounts payable and crediting cash.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
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    1 views1 page

    Dael Merchandising Activity

    Uploaded by

    elijah dael
    The general journal document records various purchases transactions by a company between June 2 and June 30. It shows debits to purchase accounts and credits to cash, accounts payable, and notes payable accounts to record the purchases on credit. On June 27, it also shows a payment of accounts payable by debiting accounts payable and crediting cash.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 1

    General Journal

    Page 1
    DATE ACCOUNT TITLE/ EXPLANATION F DEBIT CREDIT
    2019
    June 2 Purchases ₱ 25,000.00
    Cash ₱ 25,000.00

    5 Purchases 35,000.00
    Accounts Payable 35,000.00

    10 Purchases 15,000.00
    Notes Payable 15,000.00

    15 Purchases 65,000.00
    Cash 30,000.00
    Accounts Payable 35,000.00

    25 Purchases 75,000.00
    Cash 18,500.00
    Notes Payable 35,000.00
    Accounts Payable 21,500.00

    27 Cash 35,000.00
    Accounts Payable 35,000.00

    30 Purchases 2,250.00
    Cash 2,250.00

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