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Aunty Faith bought both following goods on credit from John Holt ltd.
Feb. 1, 2020 Office pin (1 packet): 250
Feb. 2, 2020 Office computer: 75,000
Feb. 20, 2020 Office furniture: 5,000
Prepare a purchase daybook.
Solution
AUNTY FAITH
PURCHASE DAY BOOK
The total purchase for the month of February 2020 is ₦80,250. It should be debited in the purchase account in the General Ledger, while customers’ accounts are credited.
Responses