ksm2219

Redmon Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements

journal, and a general journal. The following transactions occur in the month of June.

June 1 Purchased $8,100 of merchandise on credit from Vick, Inc., terms n
30.

8 Sold merchandise costing $900 on credit to R. Panke for $1,500 subject to a $30 sales discount

if paid by the end of the month.

14 Purchased $240 of store supplies from Poe Company on credit, terms n
30.

17 Purchased $260 of office supplies on credit from Rehmer Company, terms n
30.

24 Sold merchandise costing $400 to L. Barnett for $630 cash.

28 Purchased store supplies from Piburn’s for $90 cash.

29 Paid Vick, Inc., $8,100 cash for the merchandise purchased on June 1.