PROBLEM 8.4A (continued)
Purchases $34,116
PROBLEM 8.4A (continued)
NAME TERMS
2013
NAME TERMS 1/10, n/30
NAME Dalton Office Furniture Company TERMS
2013
NAME Davis Corporation TERMS
NAME TERMS 2/10, n/30
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
n/60
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
Apex Office Machines, Inc.
DATE DESCRIPTION
POST.
REF. DEBIT
n/30
n/30
CREDIT
CREDIT BALANCE
POST.
REF. DEBIT CREDIT BALANCE
CREDIT BALANCE
DESCRIPTION
Brown Paper Company
DATE DESCRIPTION
POST.
REF. DEBIT BALANCE
Zenn Furniture, Inc.
DATE
DATE DESCRIPTION
POST.
REF. DEBIT
PROBLEM 8.4A (continued)
2238000
972000
Professional Office Products Center
Schedule of Accounts Payable
September 30, 2013
Apex Office Machines, Inc.
Brown Paper Company
PROBLEM 8.1B
PAGE
PURCHASED FROM
INVOICE
NUMBER
INVOICE
DATE TERMS
POST.
REF.
2013
May 1 East Coast Snow Shop 6572 4/28 n/45 ✔572000 560000 12000
8 May-Day Ski Shop 4916 5/2 n/30 ✔1250000 1250000
15
DATE
ACCOUNTS
PAYABLE
CREDIT
PURCHASES
DEBIT
FREIGHT IN
DEBIT
PURCHASES JOURNAL
PROBLEM 8.1B (continued)
PAGE
POST.
REF.
1 2013 1
205
✔125000
3 Purchases Returns and Allowances 503 125000 3
2
GENERAL JOURNAL 38
DATE DESCRIPTION DEBIT CREDIT
2 May 9
Accounts Payable/East Coast Snow Shop
PROBLEM 8.1B (continued)
ACCOUNT Accounts Payable ACCOUNT NO.
2013
ACCOUNT Purchases ACCOUNT NO.
ACCOUNT Freight In ACCOUNT NO.
2013
ACCOUNT Purchases Returns and Allowances ACCOUNT NO.
CREDIT
503
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
CREDIT
502
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
CREDIT
501
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
GENERAL LEDGER
205
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT
PROBLEM 8.1B (continued)
Purchases $32,540
Freight In 340
PROBLEM 8.2B
NAME East Coast Snow Shop TERMS
2013
9CM 155 J38 125000 1065800
NAME Fashion Ski Wear TERMS
NAME Golden Skis & Clothing TERMS 2/10, n/30
NAME May-Day Ski Shop TERMS
2013
NAME Winter Sports Clothing TERMS
1/10, n/60
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
n/30
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
n/45
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
n/60
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
CREDIT BALANCEDATE DESCRIPTION
POST.
REF. DEBIT
PROBLEM 8.2B (continued)
1065800
Total 5285800
Analyze: Eskimo Ski Shop owed East Coast Snow Shop $10,658 on May 31.
Eskimo Ski Sho
p
Schedule of Accounts Payable
May 31, 2013
East Coast Snow Shop
PROBLEM 8.3B
PAGE
PURCHASED FROM
INVOICE
NUMBER
INVOICE
DATE TERMS
POST.
REF.
2013
Dec. 1 Selby Corporation 2110 11/26 n/45 ✔593600 578000 15600
31 1925600 1868800 56800
8
DATE
ACCOUNTS
PAYABLE
CREDIT
PURCHASES
DEBIT
FREIGHT IN
DEBIT
PURCHASES JOURNAL
PROBLEM 8.3B (continued)
PAGE
POST.
REF.
1 2013 1
✔40000
3 Purchases Returns and Allowances 503 4 0 0 00 3
4 Received Credit Memo 101 for allowance for 4
5 damaged merchandise; original purchase 5
6 made on Invoice 633, December 2 6
7 7
GENERAL JOURNAL 20
DATE DESCRIPTION DEBIT CREDIT
PROBLEM 8.3B (continued)
ACCOUNT Accounts Payable ACCOUNT NO.
2013
ACCOUNT Purchases ACCOUNT NO.
ACCOUNT Freight In ACCOUNT NO.
ACCOUNT Purchases Returns and Allowances ACCOUNT NO.
GENERAL LEDGER
205
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
501
POST.
BALANCE
502
POST.
BALANCE
503
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT
BALANCE
DEBIT CREDIT
PROBLEM 8.3B (continued)
Purchases $18,688
PROBLEM 8.3B (continued)
NAME Cason Industries TERMS
NAME Delta Rubber Company TERMS
NAME Patio Furniture Shop TERMS
NAME Selby Corporation TERMS
2013
NAME Spring Lawn Center TERMS
2013
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
2/10, n/30
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
n/60
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
1/15, n/60
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
n/45
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
n/30
DATE DESCRIPTION
POST.
REF. DEBIT CREDIT BALANCE
PROBLEM 8.3B (continued)
593000
453600
The Landscape Supply Center
Schedule of Accounts Payable
December 31, 2013
Cason Industries
Delta Rubber Company
PROBLEM 8.4B
PAGE
PURCHASED FROM
INVOICE
NUMBER
INVOICE
DATE TERMS
POST.
REF.
2013
Feb. 5 Packing & Mail Supply
Center 502 2/2 2/10, n/30 ✔210000 200000 10000
PURCHASES JOURNAL 4
DATE
ACCOUNTS
PAYABLE
CREDIT
PURCHASES
DEBIT
FREIGHT IN
DEBIT
PROBLEM 8.4B (continued)
PAGE
POST.
REF.
1 2013 1
203
✔20000
3 Purchases Returns and Allowances 503 2 0 0 00 3
4 Received Credit Memo 102 for damaged 4
15 15
2
GENERAL JOURNAL 12
DATE DESCRIPTION DEBIT CREDIT
2 Feb. 20
Accounts Payable/Gifts and Holiday Cards