2. Enter the following in the appropriate creditors' accounts (i.e. your suppliers' accounts) only. Do not write up the other accounts. Then balance off each of these personal accounts at the end of the month. 2008 June 1 Purchases on credit from J Saville E240; P Todd E390; J Fry E810. 3 Purchases on credit from P Todd E470; J Mehan E1, 450. 10 We returned goods to J Fry E82; J Saville E65. 15 Purchases on credit from J Saville E210. 19 We paid J Mehan by cheque E1, 450. 28 We paid J Saville by cash E300. 30 We returned goods toP Todd E39.

2. Enter the following in the appropriate creditors' accounts (i.e. your suppliers' accounts) only. Do not write up the other accounts. Then balance off each of these personal accounts at the end of the month. 2008 June 1 Purchases on credit from J Saville E240; P Todd E390; J Fry E810. 3 Purchases on credit from P Todd E470; J Mehan E1, 450. 10 We returned goods to J Fry E82; J Saville E65. 15 Purchases on credit from J Saville E210. 19 We paid J Mehan by cheque E1, 450. 28 We paid J Saville by cash E300. 30 We returned goods toP Todd E39.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 11MC: Your company paid rent of $1,000 for the month with check number 1245. Which journal would the...

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