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Chapter 9 Sales & Purchases

REVIEW:

  1. What are the 4 different special journals and for which specific transactions is each one used for? Which accounts are affected when using each of the special journals?

GOAL: Before you leave today you will know how to record transactions in a three-column purchases journal and post to the general ledger and accounts payable ledger.

  1. Log in to cengagenow
  2. Click Study Tools
  3. Click Adaptive Study Plans
  4. Next to Chapter 9 – Sales & Purchases click Resume Studying
  5. Under Objectives & Study Materials click 9. Record transactions in a three-column purchases journal and post to the general ledger and accounts payable ledger.
  6. Under Study Materials click  eBook – 9.9: Purchases Journal (Three-Column)  follow along while watching this video
  7. WATCH: Show Me How: Record transactions in a three-column purchases journal and post to the general ledger and accounts payable ledger.
  8. SHOW ME: