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    mbell0517's Avatar
    mbell0517 Posts: 4, Reputation: 1
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    #1

    Nov 5, 2009, 12:17 AM
    Managerial Accounting
    How would u journalize this? Jan.24 Paid Glory Container Corporation the amount due today from the January 9 purchase.
    dileepasampath's Avatar
    dileepasampath Posts: 16, Reputation: 1
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    #2

    Nov 5, 2009, 04:59 AM

    (You paid Glory Container Corporation)

    Glory Container Corporation Dr xxx
    Cash/Bank Cr xxx

    Remember to post a narration to recognize properly what the payment is for an instance against which invoice the payment was done.
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