Business, 23.11.2019 01:31 colyernicholas44
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 $3,400 on credit from seth, inc., terms 1/10, n/30. 9 issued check no. 210 to kitt corp. to buy store supplies for $544. 12 sold merchandise costing $594 to c. myers for $998 on credit, terms n/30. 17 issued check no. 211 for $1,500 to pay off a note payable to city bank. 20 purchased merchandise for $4,000 on credit from lite, terms 1/10, n/30. 28 issued check no. 212 to lite to pay the amount due for the purchase of april 20 less the discount of $40. 29 paid salary of $2,350 to b. dock by issuing check no. 213. 30 issued check no. 214 to seth, inc., $3,400 to pay for the april 3 purchase.
journalize the april transactions that should be recorded in the cash disbursements journal assuming the perpetual inventory system is used.
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