CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 1-2 Journalizing and Posting Purchases and Purchases Returns NAME: ____________________ DATE: _____________PERIOD: ______

CENTURY 21 ACCOUNTING © Thomson/South-Western 2 LESSON 1-2 June 1. Purchased video equipment on account from Western Digital Systems, $ Purchase Invoice No JOURNALIZING PURCHASES ON ACCOUNT 1.___________________. 4.__________________. 3.Record invoice number. 2.Write vendor name. page

CENTURY 21 ACCOUNTING © Thomson/South-Western 3 LESSON ________________________. 5.________________________ 4.Calculate new account balance. 3.__________________________. 2.Write journal page number. POSTING FROM A PURCHASES JOURNAL page

CENTURY 21 ACCOUNTING © Thomson/South-Western 4 LESSON _______________________________ 3.__________________________ 2.Write journal page number. POSTING THE TOTALS OF A PURCHASES JOURNAL page 15 1.Write the date. 5.Write account number

CENTURY 21 ACCOUNTING © Thomson/South-Western 5 LESSON Enter accounts to be debited. 3.Record debit memo number. JOURNALIZING PURCHASES RETURNS AND ALLOWANCES page _______________________ 4._______________________ 5.Write debit amount. 7._______________________ 6.Enter account to be credited.