VIRGINIA RUBEN COMPANY

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Created by
Neo*chinen

Cards (12)

  • Sold merchandise to O. Lacierda Trading. Terms: n/30, FOB Shipping Point, P21,000.
    Accounts Receivable
    Sales
  • Purchased merchandise from R Cabellon Stores. Terms: n/30, FOB Shipping Point, P38,000.
    Purchases
    Accounts Payable
  • Paid SouthMin Freight for freight charges on merchandise received, P290.
    Freight-in
    Cash
  • Purchased store supplies on credit from Ipil Supplies. Terms: n/20, P6,360.
    Supplies
    Accounts Payable
  • Purchased merchandise on credit from Pagadian Company. Terms n/30, FOB Shipping Point, P36,000. Pagadian Company paid P200 for freight cost.
    Purchases
    Freight-in
    Accounts Payable
  • Returned some of the merchandise received on Aug. 3 for credit, P6,000.
    Accounts Payable
    Purchases Returns and Allowances
  • Sold merchandise on credit to Columban Stores. Terms: n/30, FOB Shipping Point, P12,000.
    Accounts Receivables
    Sales
  • Returned some of the store supplies purchased on Aug. 6 for credit, P2,000.
    Accounts Payable
    Supplies
  • Sold merchandise for cash, P10,000.
    Cash
    Sales
  • Accepted for full credit a return from O.Lacierda Trading. P2,000.
    Sales Returns and Allowance
    Accounts Receivable
  • Paid accounts to R. Cabellon Stores.
    Accounts Payable
    Cash
  • Received full payment form O. Lacierda Trading.
    Cash
    Accounts Receivable