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Question
Down-Under, an aquatic supply store, makes the following five payments during August. Journalize them in the cash payments journal as appropriate.
(a) On August 2, Down-Under paid Pondmaster, Inc. with Check No. 6420 for 6 pumps at $435.00 each. The pumps had been purchased in July on account.
(b) On August 10, Down-Under purchased $785.00 of office supplies from Business Systems with Check No. 6421.
(c) On August 15, Down-Under paid Aqua Magic $215.00 on account with Check No. 6422.
(d) On August 27, Down-Under paid an invoice for merchandise received earlier from Spindrifter, Inc. for 8 drains at $73.50 each with Check No. 6423.
(e) On August 31, Down-Under purchased $65.00 of koi clay from The Natural Wonder Company by writing Check No. 6424. (Record in Pond Supplies Expense.)
| | ||||||
| Cash Payments Journal | Page 17 | |||||
Date | Ck. | Account Debited | Post. | Other Accounts Dr. | Accounts Payable Dr. | Cash |
Answer
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