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  • Session 17 Journals 1 Exercise 2 Rowland

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    ol.iv.e.a.gui.l.ar412
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    The document summarizes purchases made from June 2nd to June 30th. It lists the name of the supplier, invoice number, amount, and folio for each transaction. It also shows the calculations for each supplier's invoice and any trade discounts applied. At the end, it shows the total amount of purchases for the month of $1,920 being transferred to the Purchases account in the General Ledger.

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    The document summarizes purchases made from June 2nd to June 30th. It lists the name of the supplier, invoice number, amount, and folio for each transaction. It also shows the calculations for each supplier's invoice and any trade discounts applied. At the end, it shows the total amount of purchases for the month of $1,920 being transferred to the Purchases account in the General Ledger.

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    © All Rights Reserved
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    2 views2 pages

    Session 17 Journals 1 Exercise 2 Rowland

    Uploaded by

    ol.iv.e.a.gui.l.ar412
    The document summarizes purchases made from June 2nd to June 30th. It lists the name of the supplier, invoice number, amount, and folio for each transaction. It also shows the calculations for each supplier's invoice and any trade discounts applied. At the end, it shows the total amount of purchases for the month of $1,920 being transferred to the Purchases account in the General Ledger.

    Copyright:

    © All Rights Reserved
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    of 2

    Purchases Day Book/Journal (page 207 )

    Invoice No. Folio Amount


    2018
    June 2nd Lee 100 PL300 450
    June 11th Elliot 101 PL215 300
    June 18th Wong 102 PL89 600
    June 25th Parkinson 103 PL75 150
    June 30th Francis 104 PL184 420
    June 30th Transferred to Purchases account GL33 1,920

    Lee 250 * 2 500


    20 * 5 100
    600
    Trade Discount 25% 150
    450

    Elliot 6 * 20 120
    6 * 30 180
    4 * 25 100
    400
    Trade Discount 25% 100
    300

    Wong 6 * 100 600


    300 300
    900
    Trade Discount 33 1/3 % 300
    600

    Parkinson 5 * 40 200
    Trade Discount 25% 50
    150

    Francis 8 * 70 560
    Trade Discount 25% 140
    420
    PURCHASES LEDGER
    DR Lee (page 300 ) CR
    Date Details Folio $ Date Details Folio $
    2018
    June 2nd Purchases PDB207 450

    DR Elliot (page 215 ) CR


    Date Details Folio $ Date Details Folio $
    2018
    June 11th Purchases PDB207 300

    DR Wong (page 89 ) CR
    Date Details Folio $ Date Details Folio $
    2018
    June 18th Purchases PDB207 600

    DR Parkinson (page 75) CR


    Date Details Folio $ Date Details Folio $
    2018
    June 25th Purchases PDB207 150

    DR Francis (page 184 ) CR


    Date Details Folio $ Date Details Folio $
    2018
    June 30th Purchases PDB207 420

    DR (page ) CR
    Date Details Folio $ Date Details Folio $

    DR (page ) CR
    Date Details Folio $ Date Details Folio $

    DR (page ) CR
    Date Details Folio $ Date Details Folio $

    DR (page ) CR
    Date Details Folio $ Date Details Folio $

    General Ledger
    DR Purchases (page 33 ) CR
    Date Details Folio $ Date Details Folio $
    2018
    June 30th Credit purchases for the month PDB207 1,920

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