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    msgvhacienda's Avatar
    msgvhacienda Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 18, 2009, 08:00 PM
    Posting general journal entry
    Purchased discontinued merchandise from Acme Jobbers: paid for it payment immediately with Check 611 for $4800. (not for sale)

    How would I post this on general journal

    I really need help, don't want to fail.
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    Oct 19, 2009, 03:15 AM

    DEBIT Purchases Account $4,800
    CREDIT Bank Account $4,800

    Being purchased discontinued merchandise from Acme Jobbers
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