Journalizing purchases using a purchases journal
The purchases journal for Classic Gifts, Inc., is given in the Working Papers. Work this problem independently,
1. Using the current year, journalize these transactions on page 11 of the purchases journal. Purchase invoices are abbreviated
ON YOUR OWN
as P.
Transactions:
Nov. 4. Purchased merchandise on account from Ulman Supply, Inc., $670.00. P149.
9. Purchased merchandise on account from Else Silver Co., $2,345.00. P150
18. Purchased merchandise on account from Pratt Paints, $1,150.00, P151
2. Total and rule the purchases journal.