Reference no: EM132721956

Problem - J. B. Speck, owner of Speck's Galleria, made the following purchases of merchandise on account during the month of September:

Sept. 3 Purchase Invoice No. 415, $2,650, from Smith Distributors.

Sept. 8 Purchase Invoice No. 132, $3,830, from Michaels Wholesaler.

Sept. 11 Purchase Invoice No. 614, $3,140, from J. B. Sanders & Co.

Sept. 18 Purchase Invoice No. 329, $2,250, from Bateman & Jones, Inc.

Sept. 23 Purchase Invoice No. 767, $4,160, from Smith Distributors.

Sept. 27 Purchase Invoice No. 744, $1,980, from Anderson Company.

Sept. 30 Purchase Invoice No. 652, $2,780, from Michaels Wholesaler.

Required -

1. Record the transactions of a general journal.

2. Post from the general journal to the general ledger accounts and to the accounts payable ledger accounts. Use general ledger account numbers as shown in the chapter.