Question 4 Record the following transactions in the cash disbursements journal: Mar. 1 Paid Duke Mfg (account number D101) RO980 for inventory purchased on Feb. 27 for RO1,000. Duke Mfg offered terms of 2/10, n/30, and you paid within the discount period using check No.4012. Mar. 3 Paid Emergency Plumbing RO450. They just came to fix the leak in the coffee room. Give them account number E143. Use check No.4013 and debit the Repairs and Maintenance account, No.655. Mar. 5 Used check No.4014 to pay Wake Mfg (account number W210) RO1,684 for inventory purchased on Feb. 25, no terms offered.
Question 4 Record the following transactions in the cash disbursements journal: Mar. 1 Paid Duke Mfg (account number D101) RO980 for inventory purchased on Feb. 27 for RO1,000. Duke Mfg offered terms of 2/10, n/30, and you paid within the discount period using check No.4012. Mar. 3 Paid Emergency Plumbing RO450. They just came to fix the leak in the coffee room. Give them account number E143. Use check No.4013 and debit the Repairs and Maintenance account, No.655. Mar. 5 Used check No.4014 to pay Wake Mfg (account number W210) RO1,684 for inventory purchased on Feb. 25, no terms offered.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 4
- Record the following transactions in the cash disbursements journal:
|
Mar. 1 |
Paid Duke Mfg (account number D101) RO980 for inventory purchased on Feb. 27 for RO1,000. Duke Mfg offered terms of 2/10, n/30, and you paid within the discount period using check No.4012. |
|
Mar. 3 |
Paid Emergency Plumbing RO450. They just came to fix the leak in the coffee room. Give them account number E143. Use check No.4013 and debit the Repairs and Maintenance account, No.655. |
|
Mar. 5 |
Used check No.4014 to pay Wake Mfg (account number W210) RO1,684 for inventory purchased on Feb. 25, no terms offered. |
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