Question

Hi having some trouble with filling out a general ledger if anyone knows how to could they help me out?Prepare the necessary general journal entry for June 16,Purchased merchandise having a price of $6,000 from Shelby Manufacturing Co.on account with credit terms 2/10,n/30.Transportation terms F.O.B destination.

This is what i put but i did it wrongDate
Account Titles and Explanations
Debit
Credit
June 16
Cash
6000


Shelby Manufacturing co. transporting merchandise F.O.B destinations

Answer 1

Try this example > http://www.dummies.com/how-to/content/how-to-post-entries-to-the-general-ledger.html