selected accounts from the ledgers of kaylee frye company at july 31 showed the foll 575825

Aug 29, 2021 | Uncategorized

Selected accounts from the ledgers of Kaylee Frye Company at July 31 showed the following.

		GENERAL LEDGER
		Equipment			No. 153
Date	Explanation	Ref.	Debit	Credit	Balance
July 1		G1	3,900		3,900

		Accounts Payable			No. 201
Date	Explanation	Ref.	Debit	Credit	Balance
July 1		G1		3,900	3,900
15		G1		400	4,300
18		G1	100		4,200
25		G1	200		4,000
31		P1		8,300	12,300

		Inventory
Date	Explanation	Ref.	Debit	Credit	Balance
July 15		100	400		100
18		200		100	200
25		100		200	100
31		200	8,300		200

		ACCOUNTS PAYABLE LEDGER
		De Rovin Equipment Co.
Date	Explanation	Ref.	Debit	Credit	Balance
July 1		G1		3,900	3,900

		Jewel Co.
Date	Explanation	Ref.	Debit	Credit	Balance
July 3		P1		2,400	2,400
20		P1		700	3,100

		Hodge Corp
Date	Explanation	Ref.	Debit	Credit	Balance
July 17		P1		1,400	1,400
18		G1	100		1,300
29		P1		1,600	2,900

		Staite Co.
Date	Explanation	Ref.	Debit	Credit	Balance
July 14		P1		1,100	1,100
25		G1	200		900

		Sunny Co.
Date	Explanation	Ref.	Debit	Credit	Balance
July 12		P1		500	500
21		P1		600	1,100

		Bernardo Inc.
Date	Explanation	Ref.	Debit	Credit	Balance
July 15		G1		400	400

Instructions

From the data prepare:

(a) The single-column purchases journal for July.

(b) The general journal entries for July.