Solved

Match the Following to the Six Journal Entries

Question 113

Matching

Match the following to the six journal entries. Each entry may have more than one number and each number can be used more than once.

Premises:

Responses:

bought equipment on account

record immediately to the subsidiary ledger

cash purchase

record and post immediately to the subsidiary and the general ledger

return merchandise purchased

journalize to general journal

purchased merchandise on account

journalize to purchase journal

withdrew money from the business

journalize to cash payments journal

paid invoice less discount

Premises:

bought equipment on account

cash purchase

return merchandise purchased

purchased merchandise on account

withdrew money from the business

paid invoice less discount

Responses:

record immediately to the subsidiary ledger

record and post immediately to the subsidiary and the general ledger

journalize to general journal

journalize to purchase journal

journalize to cash payments journal

Correct Answer:

Premises:

Responses:

bought equipment on account

cash purchase

return merchandise purchased

purchased merchandise on account

withdrew money from the business

paid invoice less discount

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