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Question: Journalizing purchases using a purchases journal The purchases journal for Lambert Hardware is given in the Working Papers. Your instructor will guide you through the following examples.
1. Using the current year, journalize these transactions on page 10 of the purchases journal. Purchase invoices are abbreviated as P. Transactions: Oct.
2. Purchased merchandise on account from American Tools, $1,230.00. P116.
7. Purchased merchandise on account from Harris Manufacturing, Inc., $480.00. P117.
11. Purchased merchandise on account from Keasler Supply, $780.00. P118.
2. Total and rule the purchases journal.
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