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Shield security company had the following transactions

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1. Shield Security Company had the following transactions during the month of November:

Nov. 4. Purchased office supplies from Office Universe Inc. on account, $480.

8. Purchased office equipment on account from Best Equipment, Inc., $1,900.

Nov. 12. Purchased office supplies from Office Universe Inc. on account, $130.

21. Purchased office supplies from Paper-to-Go Inc. on account, $195.

27. Paid invoice on November 4 purchase from Office Universe Inc.

a. Prepare a purchases journal with the following headings to record the November purchase transactions for Shield Security Company.

b. What is the total amount posted to the accounts payable control and office supplies accounts from the purchases journal for November?

c. What is the November 30 balance of the Office Universe Inc. creditor account assuming a zero balance on November 1?

 

 

Reference no: EM131122398

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