Question & Answer: 3 Bought merchandise on account from Curik Cotms 3/10, /3 $7,300 Voucher no. 32 was prepared. et A nu-t. Diaz Compa…..

3 Bought merchandise on account from Curik Cotms 3/10, /3 $7,300 Voucher no. 32 was prepared. et A nu-t. Diaz Company, which is a medium-sized firm, uses a voucher system Record each of the following entries in general journal form. Assume that Diaz Company records all vouchers at gross. 녹 6Vouder no, so was pepand for the prchase of Sasoo of nerchand se on accont from Peterson Company: terms 1/30, /3o 賦hase of $3.800 of epip Voucher oo. 51 was prepared for terms 1/10, n/30 onaccout 15 Check no. 55 was issued in payment of voucher no. $1 16 Check no. 56 was issued in payment of voucher no. 50. y uses a voucher system along with a petty cash fund. Record

3 Bought merchandise on account from Curik Cotms 3/10, /3 $7,300 Voucher no. 32 was prepared. et A nu-t. Diaz Company, which is a medium-sized firm, uses a voucher system Record each of the following entries in general journal form. Assume that Diaz Company records all vouchers at gross. 녹 6Vouder no, so was pepand for the prchase of Sasoo of nerchand se on accont from Peterson Company: terms 1/30, /3o 賦hase of $3.800 of epip Voucher oo. 51 was prepared for terms 1/10, n/30 onaccout 15 Check no. 55 was issued in payment of voucher no. $1 16 Check no. 56 was issued in payment of voucher no. 50. y uses a voucher system along with a petty cash fund. Record

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Journal

Date Account Name Debit Credit
Jul 6 Merchandise inventory $6600
Accounts payable $6600
(To record purchase of goods on account)
Jul 9 Equipment 3800
Accounts payable 3800
(To record purchase of equipment on account)
Jul 15 Accounts payable 3800
Discount received ($3800 x 1%) 38
Cash 3762
(To record for the payment of equipment purchased on account)
Jul 16 Accounts payable 6600
Merchandise inventory ($6600 x 1%) 66
Cash 6534
(To record for the payment of merchandise purchased on account)

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