As the accountant for Riley's Natural Food Store, (1) journalize the 10A-2. 10following transactions into...
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As the accountant for Riley's Natural Food Store, (1) journalize the 10A-2. 10following transactions into the general journal (p. 2), (2) record and post s appropriate, and (3) prepare a schedule of accounts payable. If using working papers, be sure to put in the following balances: Aris Co., $350; Brown Co., $800; Moose Co., $1,350; Ready Co., $700; Accounts Payable, $3,200; Purchases, $19,000. Use the periodic method. 201X April 8 Purchased $750 of merchandise on account from Aris Co., invoice no. 400, dated April 9; terms 5/10, n/60 Purchased $1,350 of merchandise on account from Brown Co., invoice no. 420, dated April 11; terms 5/10, n/60. 10 12 Purchased $400 of store supplies on account from Moose Co., invoice no. 510, dated April 13. 14 Issued debit memo no. 8 to Aris Co. for merchandise returned, $300, from 17 Purchased $640 of office equipment on account from Ready Co., invoice 24 Purchased $850 of additional store supplies on account from Moose Co., invoice no. 400. no. 810, dated April 18. invoice no. 516, dated April 25; terms 5/10, n/30
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