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Chapter 8
Accounting for Purchases and Accounts Payable
Chapter Opener: Thinking Critically

Companies want to pay their bills on time to maintain a good relationship with their vendors as well as
take advantage of early payment discount opportunities.
Fast Facts
• Net revenues for fiscal 2012 increased 9%, and exceeded $4 billion for the first time in their
company's history.
• Williams-Sonoma, Inc. owns and operates separate, home-centered retail businesses: Williams-
Sonoma, Pottery Barn, Pottery Barn Kids, PBTeen, Rejuvenation, Mark and Graham, and West
Elm.
• The company operates 590 retail stores.
Managerial Implications: Thinking Critically

Answers will vary. Students should recognize the need for checks and balances for avoiding theft
and waste.
Discussion Questions
These questions are designed to check students’ understanding of the new terms, concepts, and
procedures presented in the chapter.
1. Audit trail.
2. Authorization of purchase, check-in of goods, verification of invoice, proper authorization of
payment, division of labor and tasks, use of prenumbered forms.
3. Documentation of returned merchandise.
4. Allowance made for damaged merchandise.
5. A return of unsatisfactory goods.
6. List of all creditors and the balance owed to each. Prepared so that its total can be proved against
the balance of the Accounts Payable account.
7. The Accounts Payable account is the control account; summarizes the balances of the creditor
accounts.
8. Individual accounts of all creditors.
9. Helps pay bills promptly and maintain a good credit reputation.
10. Add Freight In to Purchases, then deduct Purchases Returns and Allowances.
11. The Purchases journal.
12. Purchase invoice denotes incoming merchandise, sales invoice denotes outgoing (sold)
merchandise.
13. Debit.
14. Income Statement, in the Cost of Goods Sold section.
15. Business managers analyze this account to identify problem suppliers.
© 2015 McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or
distribution in any manner. 8-1
16. a. The payment is due in full 30 days after the invoice date.
b. If payment is made within 10 days of the invoice date, the customer can take a 1% discount.
Otherwise, payment in full is due in 30 days.
c. Payment in full is due 10 days after the end of the month in which the invoice is issued.
d. Payment is due in full 20 days after the invoice date.
e. If payment is made within 10 days of the invoice date, the customer can take a 2% discount.
f. If payment is made within 3 days of the invoice date, the customer can take a 3% discount.
g. Payment in full is due 15 days after the end of the month in which the invoice is issued.
17. No, this transaction should be recorded in the general journal.
18. (a) Purchases (b) Merchandise Inventory
19. (a) Purchases Returns and Allowances (b) Merchandise Inventory
20. (a) Freight In (b) Merchandise Inventory
EXERCISE 8.1
1. Purchases journal 4. Purchases journal

2. General journal 5. General journal
3. Cash Payments journal 6. Cash Payments journal
EXERCISE 8.2
Dr. Cr. Dr. Cr.

1. 501 205 4. 501, 502 205
2. 205 503 5. 205 503
3. 205 101 6. 501 101
EXERCISE 8.3
PURCHASES JOURNAL PAGE
ACCOUNTS
INVOICE INVOICE POST. PURCHASES FREIGHT IN
DATE PURCHASED FROM TERMS PAYABLE
NUMBER DATE REF. DEBIT DEBIT
CREDIT
2016
July 1 Auto Parts Corp. 6812 6/27 n/30 2 1 9 2 00 2 0 6 0 00 1 3 2 00
3 Aplex Company 441 6/30 1/10, n/60 3 3 3 9 00 3 2 5 0 00 8 9 00
5 The Custom Sounds Shop, Inc. 5601 7/1 2/10, n/30 2 5 9 7 00 2 4 7 0 00 1 2 7 00
10 Speciality Tire Company 1102 7/8 2/10, n/30 4 2 7 0 00 4 2 7 0 00
EXERCISE 8.4
GENERAL JOURNAL PAGE
POST.
DATE DESCRIPTION DEBIT CREDIT
REF.
2016 1
Feb. 9 Accounts Payable/M&J Appliance Corporation 4 3 2 0 00 2
Purchases Returns & Allowances 4 3 2 0 00 3
Received Credit Memo 244 for damaged 4
merchandise that was returned; original 5
purchase made on Invoice 4101, January 3, 2016 6
7
8
9
10
EXERCISE 8.5
GENERAL JOURNAL PAGE
POST.
REF.
2016 1
Mar. 17 Accounts Payable/Uptown Kitchens 1 1 7 5 00 2
Purchases Returns & Allowances 1 1 7 5 00 3
Received Credit Memo 112 for damaged merchandise; 4
original purchase made on Invoice 911, February 20, 2016 5
6
7
EXERCISE 8.6
Purchases $53,495
Freight In 2,875
Delivered Cost of Purchases $56,370
Less Purchases Returns and Allowances 5,220
Net Delivered Cost of Purchases $51,150
EXERCISE 8.7
a. The total of the schedule of accounts payable will not equal the balance of the
Accounts Payable control account.
b. The total of the schedule of accounts payable will not equal the balance of the
Accounts Payable control account.
c. Johnson Company will notify us that their invoice has not been paid.
d. Statements from Johnson Company and Baxton Company will not agree with the
balance reflected in the accounts payable subsidiary ledger.
EXERCISE 8.8
a. Purchases, $93,475
b. Purchases Returns and Allowances, $3,925
c. Freight In $6,280
d. Delivered Cost of Purchases $101,850
EXERCISE 8.9
GENERAL JOURNAL PAGE 15
POST.
DATE DESCRIPTION REF. DEBIT CREDIT
1 2016 1
2 July 3 Merchandise Inventory 3 6 2 0 00 2
3 Accounts Payable/Fashion Expo 3 6 2 0 00 3
4 4
5 5 Accounts Receivable/Alice Chu 6 0 0 00 5
6 Sales 6 0 0 00 6
7 Cost of Goods Sold 4 0 0 00 7
8 Merchandise Inventory 4 0 0 00 8
9 9
10 7 Accounts Payable/Fashion Expo 5 5 0 00 10
12 12
13 9 Sales Returns and Allowances 2 0 0 00 13
14 Accounts Receivable/Alice Chu 2 0 0 00 14
16 Cost of Goods Sold 1 3 5 00 16
PROBLEM 8.1A
PURCHASES JOURNAL PAGE 14
ACCOUNTS
CREDIT
2016
June 1 Pro Photo Equipment 4241 5/27 n/60 ✔ 2 2 8 0 00 2 0 5 0 00 2 3 0 00
8 Photo Supplies 1102 6/3 n/45 ✔ 1 3 9 4 00 1 3 9 4 00
12 Nano Glass 7282 6/9 1/10, n/60 ✔ 9 1 6 00 9 1 6 00
20 Photo Supplies 1148 6/15 n/45 ✔ 1 2 7 5 00 1 2 0 0 00 7 5 00
23 Hi-Qual Case 3108 6/18 n/45 ✔ 1 9 5 6 00 1 9 5 6 00
28 Holtz Spectrum 5027 6/24 2/10, n/30 ✔ 2 5 9 0 00 2 4 7 0 00 1 2 0 00
30 Totals 10 4 1 1 00 9 9 8 6 00 4 2 5 00
( 2 0 5 ) ( 5 0 1 ) ( 5 0 2)
POST.
REF.
1 2016 1
205
2 June 18 Accounts Payable/Pro Photo Equipment ✔ 4 0 0 00 2
4 Purchases Returns and Allowances 503 4 0 0 00 4
5 Received Credit Memo 110 for defective 5
6 cameras that were returned; original purchase 6
7 made on Invoice 4241, May 27, 2016 7
8 8
205
9 30 Accounts Payable/Hi-Qual Case ✔ 3 1 0 00 9
12 Received Credit Memo 1108 for allowance for 12
13 damaged merchandise; original purchase 13
14 made on Invoice 3108, June 18, 2016 14
15 15
16 16
17 17
18 18
19 19
PROBLEM 8.1A Continued
GENERAL LEDGER
ACCOUNT Accounts Payable ACCOUNT NO. 205
POST. BALANCE
REF. DEBIT CREDIT
2016
June 1 Balance ✔ 14 4 0 4 00
18 J38 4 0 0 00 14 0 0 4 00
30 J38 3 1 0 00 13 6 9 4 00
30 P14 10 4 1 1 00 24 1 0 5 00
ACCOUNT Purchases ACCOUNT NO. 501
POST. BALANCE
REF. DEBIT CREDIT
2016
June 30 P14 9 9 8 6 00 9 9 8 6 00
ACCOUNT Freight In ACCOUNT NO. 502
POST. BALANCE
REF. DEBIT CREDIT
2016
June 30 P14 4 2 5 00 4 2 5 00
ACCOUNT Purchases Returns and Allowances ACCOUNT NO. 503
POST. BALANCE
REF. DEBIT CREDIT
2016
June 18 J38 4 0 0 00 4 0 0 00
30 J38 3 1 0 00 7 1 0 00
Purchases $9,986
Freight In 425
Less Purchases Returns and Allowances 710
Analyze: Total purchases in June were $9,986.
PROBLEM 8.2A
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
NAME Hi-Qual Case TERMS n/45
POST.
DATE DESCRIPTION DEBIT CREDIT BALANCE
REF.
2016
June 1 Balance ✔ 1 3 0 0 00
23 Invoice 3108, 6/18/16 P14 1 9 5 6 00 3 2 5 6 00
30 Credit Memo 1108 J38 3 1 0 00 2 9 4 6 00
NAME Holtz Spectrum TERMS 2/10, n/30
POST.
REF.
2016
June 28 Invoice 5027, 6/24/16 P14 2 5 9 0 00 2 5 9 0 00
NAME Nano Glass TERMS 1/10, n/60
POST.
REF.
2016
June 1 Balance ✔ 2 5 2 4 00
12 Invoice 7282, 6/9/16 P14 9 1 6 00 3 4 4 0 00
NAME Photo Supplies TERMS n/45
POST.
REF.
2016
June 1 Balance ✔ 10 5 8 0 00
8 Invoice 1102, 6/3/16 P14 1 3 9 4 00 11 9 7 4 00
20 Invoice 1148, 6/15/16 P14 1 2 7 5 00 13 2 4 9 00
NAME Pro Photo Equipment TERMS n/60
POST.
REF.
2016
June 1 Invoice 4241, 5/27/16 P14 2 2 8 0 00 2 2 8 0 00
18 Credit Memo 110 J38 4 0 0 00 1 8 8 0 00
Digital World
Schedule of Accounts Payable
June 30, 2016
Hi-Qual Case 2 9 4 6 00
Holtz Spectrum 2 5 9 0 00
Nano Glass 3 4 4 0 00
Photo Supplies 13 2 4 9 00
Pro Photo Equipment 1 8 8 0 00
Total 24 1 0 5 00
Analyze: The balance owed to Nano Glass on June 30 is $3,440.
PROBLEM 8.3A
ACCOUNTS
CREDIT
2016
July 1 Brown Corporation 1011 6/26 n/60 ✔ 9 5 6 9 00 9 3 1 0 00 2 5 9 00
5 Brooks Garden Furniture Co. 639 7/2 n/45 ✔ 5 0 3 2 00 4 4 7 0 00 5 6 2 00
9 Lawn and Gardens Supply 8164 7/5 n/30 ✔ 1 5 9 0 00 1 5 9 0 00
19 Lawn and Gardens Supply 9050 7/15 n/30 ✔ 1 5 6 6 00 1 3 0 0 00 2 6 6 00
21 Cameron Rubber Company 1785 7/17 1/15, n/60 ✔ 4 0 1 4 00 3 7 8 0 00 2 3 4 00
31 Wilson Industrial Products 8985 7/26 2/10, n/30 ✔ 10 6 9 8 00 10 4 1 0 00 2 8 8 00
31 32 4 6 9 00 30 8 6 0 00 1 6 0 9 00
( 2 0 5 ) ( 5 0 1 ) ( 5 0 2 )
POST.
REF.
1 2016 1
205
2 July 16 Accounts Payable/Brooks Garden Furniture Company ✔ 7 0 0 00 2
6 made on Invoice 639, July 2 6
7 7
205
8 28 Accounts Payable/Cameron Rubber Company ✔ 5 3 0 00 8
10 Received Credit Memo 223 for damaged 10
11 merchandise that was returned; original 11
12 purchase made on Invoice 1785, July 17 12
13 13
14 14
15 15
GENERAL LEDGER
POST. BALANCE
REF. DEBIT CREDIT
2016
July 1 Balance ✔ 35 9 8 0 00
16 J20 7 0 0 00 35 2 8 0 00
28 J20 5 3 0 00 34 7 5 0 00
31 P8 32 4 6 9 00 67 2 1 9 00
POST. BALANCE
REF. DEBIT CREDIT
2016
July 31 P8 30 8 6 0 00 30 8 6 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
July 31 P8 1 6 0 9 00 1 6 0 9 00
POST. BALANCE
REF. DEBIT CREDIT
2016
July 16 J20 7 0 0 00 7 0 0 00
28 J20 5 3 0 00 1 2 3 0 00
Purchases $30,860
Freight In 1,609
NAME Brooks Garden Furniture Company TERMS n/45
POST.
REF.
2016
July 1 Balance ✔ 11 2 2 0 00
5 Invoice 639, 7/2/16 P8 5 0 3 2 00 16 2 5 2 00
16 CM 110 J20 7 0 0 00 15 5 5 2 00
NAME Brown Corporation TERMS n/60
POST.
REF.
2016
July 1 Balance ✔ 18 2 2 0 00
1 Invoice 1101, 6/26/16 P8 9 5 6 9 00 27 7 8 9 00
NAME Cameron Rubber Company TERMS 1/15, n/60
POST.
REF.
2016
July 21 Invoice 1785, 7/17/16 P8 4 0 1 4 00 4 0 1 4 00
28 Credit Memo 223 J20 5 3 0 00 3 4 8 4 00
NAME Lawn and Gardens Supply TERMS n/30
POST.
REF.
2016
July 1 Balance ✔ 6 5 4 0 00
9 Invoice 8164, 7/5/16 P8 1 5 9 0 00 8 1 3 0 00
19 Invoice 9050, 7/15/16 P8 1 5 6 6 00 9 6 9 6 00
NAME Wilson Industrial Products TERMS 2/10, n/30
POST.
REF.
2016
July 31 Invoice 8985, 7/26/16 P8 10 6 9 8 00 10 6 9 8 00
The English Garden Shop

July 31, 2016
Brooks Garden Furniture Company 15 5 5 2 00
Brown Corporation 27 7 8 9 00
Cameron Rubber Company 3 4 8 4 00
Lawn and Gardens Supply 9 6 9 6 00
Wilson Industrial Products 10 6 9 8 00
Total 67 2 1 9 00
Analyze: Total freight charges for the month of July were $1,609
PROBLEM 8.4A
ACCOUNTS
CREDIT
2016
Sept. 3 Dalton Office Furniture Co. 4213 8/29 n/30 ✔ 8 2 4 2 00 8 0 2 0 00 2 2 2 00
7 Apex Office Machines, Inc. 9217 9/2 n/60 ✔ 12 3 0 0 00 12 3 0 0 00
16 Davis Corporation 8066 9/11 n/30 ✔ 2 7 9 0 00 2 6 5 6 00 1 3 4 00
20 Apex Office Machines, Inc. 11011 9/15 n/60 ✔ 1 1 0 0 00 1 1 0 0 00
23 Brown Paper Company 6498 9/18 1/10, n/30 ✔ 8 6 0 0 00 8 5 0 0 00 1 0 0 00
30 Zenn Furniture, Inc. 696 9/25 2/10, n/30 ✔ 4 1 1 0 00 3 9 4 0 00 1 7 0 00
30 37 1 4 2 00 36 5 1 6 00 6 2 6 00
( 2 0 5 ) ( 5 0 1 ) ( 5 0 2 )
POST.
REF.
1 2016 1
205
2 Sept 10 Accounts Payable/Dalton Office Furniture Co. ✔ 7 0 0 00 2
6 made on Invoice 4213, August 29 6
7 7
205
8 28 Accounts Payable/Apex Office Machines, Inc. ✔ 9 8 0 00 8
12 purchase made on Invoice 11011, September 15 12
13 13
14 14
15 15
GENERAL LEDGER
POST. BALANCE
REF. DEBIT CREDIT
2016
Sept. 1 Balance ✔ 28 3 5 6 00
10 J14 7 0 0 00 27 6 5 6 00
28 J14 9 8 0 00 26 6 7 6 00
30 P5 37 1 4 2 00 63 8 1 8 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Sept. 30 P5 36 5 1 6 00 36 5 1 6 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Sept. 30 P5 6 2 6 00 6 2 6 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Sept. 10 J14 7 0 0 00 7 0 0 00
28 J14 9 8 0 00 1 6 8 0 00
Purchases $36,516
Freight In 626
NAME Apex Office Machines, Inc. TERMS n/60
DATE DESCRIPTION POST. REF. DEBIT CREDIT BALANCE

2016
Sept. 1 Balance ✔ 11 0 6 0 00
7 Invoice 9217,
11011,9/2/16 P5 12 3 0 0 00 23 3 6 0 00
20 9/15/16 P5 1 1 0 0 00 24 4 6 0 00
28 Credit Memo 312 J14 9 8 0 00 23 4 8 0 00
NAME Brown Paper Company TERMS 1/10, n/30

2016
Sept. 1 Balance ✔ 2 2 2 0 00
23 Invoice 6498, 9/18/16 P5 8 6 0 0 00 10 8 2 0 00
NAME Dalton Office Furniture Company TERMS n/30

2016
Sept. 1 Balance ✔ 9 6 7 6 00
3 Invoice 4213, 8/29/16 P5 8 2 4 2 00 17 9 1 8 00
10 Credit Memo 511 J14 7 0 0 00 17 2 1 8 00
NAME Davis Corporation TERMS n/30

2016
Sept. 16 Invoice 8066, 9/11/16 P5 2 7 9 0 00 2 7 9 0 00
NAME Zenn Furniture, Inc. TERMS 2/10, n/30

2016
Sept. 1 Balance ✔ 5 4 0 0 00
30 Invoice 696, 9/25/16 P5 4 1 1 0 00 9 5 1 0 00
Office Plus
September 30, 2016
Apex Office Machines, Inc. 23 4 8 0 00
Brown Paper Company 10 8 2 0 00
Dalton Office Furniture Company 17 2 1 8 00
Davis Corporation 2 7 9 0 00
Zenn Furniture, Inc. 9 5 1 0 00
Total 63 8 1 8 00
Analyze: Total purchases returns and allowances for September were $1,680.
This represents 4.6% of the total purchases ($1,680/$36,516).
PROBLEM 8.1B
ACCOUNTS
CREDIT
2016
May 1 East Coast Snow Shop 6572 4/28 n/45 ✔ 6 7 2 0 00 6 6 0 0 00 1 2 0 00
8 May-Day Ski Shop 4916 5/2 n/30 ✔ 12 5 0 0 00 12 5 0 0 00
12 Fashion Ski Wear 986 5/11 n/60 ✔ 5 2 0 0 00 5 2 0 0 00
16 May-Day Ski Shop 5011 5/15 n/30 ✔ 2 6 5 0 00 2 6 5 0 00
22 Winter Sports Clothing 4019 5/16 1/10, n/60 ✔ 3 1 6 0 00 3 1 6 0 00
31 Golden Skis & Clothing 8354 5/27 2/10, n/30 ✔ 3 8 5 0 00 3 6 3 0 00 2 2 0 00
31 34 0 8 0 00 33 7 4 0 00 3 4 0 00
( 2 0 5 ) ( 5 0 1 ) ( 5 0 2)
POST.
REF.
2016 1
205
May 9 Accounts Payable/East Coast Snow Shop ✔ 1 0 5 0 00 2
Purchases Returns and Allowances 503 1 0 5 0 00 3
Received Credit Memo 155 for damaged 4
ski boots that were returned; original sale 5
made on Invoice 6572, April 28, 2016 6
7
205
28 Accounts Payable/May-Day Ski Shop ✔ 4 8 0 00 8
Purchases Returns and Allowances 503 4 8 0 00 9
Received Credit Memo 38 for defective ski poles 10
that were returned; original purchase made on 11
Invoice 5011, May 15, 2016 12
13
14
15
16
17
PROBLEM 8.1B Continued
GENERAL LEDGER
POST. BALANCE
REF. DEBIT CREDIT
2016
May 1 Balance ✔ 21 6 0 8 00
9 J38 1 0 5 0 00 20 5 5 8 00
28 J38 4 8 0 00 20 0 7 8 00
31 P15 34 0 8 0 00 54 1 5 8 00
POST. BALANCE
REF. DEBIT CREDIT
2016
May 31 P15 33 7 4 0 00 33 7 4 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
May 31 P15 3 4 0 00 3 4 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
May 9 J38 1 0 5 0 00 1 0 5 0 00
28 J38 4 8 0 00 1 5 3 0 00
Purchases $33,740
Freight In 340
Analyze: Total accounts payable of $34,080 was posted from the purchases
journal to the general ledger for May.
PROBLEM 8.2B
NAME East Coast Snow Shop TERMS n/45
POST.
REF.
2016
May 1 Balance ✔ 6 1 8 8 00
1 Invoice 6572, 4/28/16 P15 6 7 2 0 00 12 9 0 8 00
9 CM 155 J38 1 0 5 0 00 11 8 5 8 00
NAME Fashion Ski Wear TERMS n/60
POST.
REF.
2016
May 1 Balance ✔ 8 7 2 0 00
12 Invoice 986, 5/11/16 P15 5 2 0 0 00 13 9 2 0 00
NAME Golden Skis & Clothing TERMS 2/10, n/30
POST.
REF.
2016
May 31 Invoice 8354, 5/27/16 P15 3 8 5 0 00 3 8 5 0 00
NAME May-Day Ski Shop TERMS n/30
POST.
REF.
2016
May 1 Balance ✔ 1 7 0 0 00
8 Invoice 4916, 5/2/16 P15 12 5 0 0 00 14 2 0 0 00
16 Invoice 5011, 5/15/16 P15 2 6 5 0 00 16 8 5 0 00
28 CM 38 J38 4 8 0 00 16 3 7 0 00
NAME Winter Sports Clothing TERMS 1/10, n/60
POST.
REF.
2016
May 1 Balance ✔ 5 0 0 0 00
22 Invoice 4019, 5/16/16 P15 3 1 6 0 00 8 1 6 0 00
Mountain Ski Shop

May 31, 2016
East Coast Snow Shop 11 8 5 8 00
Fashion Ski Wear 13 9 2 0 00
Golden Skis & Clothing 3 8 5 0 00
May-Day Ski Shop 16 3 7 0 00
Winter Sports Clothing 8 1 6 0 00
Total 54 1 5 8 00
Analyze: Mountain Ski Shop owed East Coast Snow Shop $11,858 on May 31.
PROBLEM 8.3B
ACCOUNTS
CREDIT
2016
Dec. 1 Selby Corporation 2110 11/26 n/45 ✔ 59 3 6 00 5 7 8 0 00 1 5 6 00
5 Patio Furniture Shop 633 12/2 1/15, n/60 ✔ 58 0 0 00 5 7 0 0 00 1 0 0 00
9 Spring Lawn Center 1127 12/4 n/30 ✔ 11 4 8 00 1 1 4 8 00
19 Spring Lawn Center 1131 12/15 n/30 ✔ 17 5 6 00 1 6 0 0 00 1 5 6 00
21 Delta Rubber Company 8517 12/17 n/60 ✔ 8 3 6 00 7 6 0 00 7 6 00
31 Cason Industries 8819 12/26 2/10, n/30 ✔ 3 7 8 0 00 3 7 0 0 00 8 0 00
31 19 2 5 6 00 18 6 8 8 00 5 6 8 00
( 2 0 5 ) ( 5 0 1 ) ( 5 0 2 )
POST.
REF.
1 2016 1
205
2 Dec. 16 Accounts Payable/Patio Furniture Shop ✔ 4 0 0 00 2
6 made on Invoice 633, December 2 6
7 7
205
8 28 Accounts Payable/Delta Rubber Company ✔ 1 5 0 00 8
12 purchase made on Invoice 8517, December 17 12
13 13
14 14
15 15
GENERAL LEDGER
POST. BALANCE
REF. DEBIT CREDIT
2016
Dec. 1 Balance ✔ 13 4 9 0 00
16 J20 4 0 0 00 13 0 9 0 00
28 J20 1 5 0 00 12 9 4 0 00
31 P8 19 2 5 6 00 32 1 9 6 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Dec. 31 P8 18 6 8 8 00 18 6 8 8 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Dec. 31 P8 5 6 8 00 5 6 8 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Dec. 16 J20 4 0 0 00 4 0 0 00
28 J20 1 5 0 00 5 5 0 00
Purchases $18,688
Freight In 568
NAME Cason Industries TERMS 2/10, n/30
POST.
REF.
2016
Dec. 1 Balance ✔ 2 1 5 0 00
31 Invoice 8819, 12/26/16 P8 3 7 8 0 00 5 9 3 0 00
NAME Delta Rubber Company TERMS n/60
POST.
REF.
2016
Dec. 1 Balance ✔ 3 8 5 0 00
21 Invoice 8517, 12/17/16 P8 8 3 6 00 4 6 8 6 00
28 CM 210 J20 1 5 0 00 4 5 3 6 00
NAME Patio Furniture Shop TERMS 1/15, n/60
POST.
REF.
2016
Dec. 5 Invoice 633, 12/2/16 P8 5 8 0 0 00 5 8 0 0 00
16 CM 101 J20 4 0 0 00 5 4 0 0 00
NAME Selby Corporation TERMS n/45
POST.
REF.
2016
Dec. 1 Balance ✔ 4 8 4 2 00
1 Invoice 2110, 11/26/16 P8 5 9 3 6 00 10 7 7 8 00
NAME Spring Lawn Center TERMS n/30
POST.
REF.
2016
Dec. 1 Balance ✔ 2 6 4 8 00
9 Invoice 1127, 12/4/16 P8 1 1 4 8 00 3 7 9 6 00
19 Invoice 1131, 12/15/16 P8 1 7 5 6 00 5 5 5 2 00
The Landscape Supply Center

December 31, 2016
Cason Industries 5 9 3 0 00
Delta Rubber Company 4 5 3 6 00
Patio Furniture Shop 5 4 0 0 00
Selby Corporation 10 7 7 8 00
Spring Lawn Center 5 5 5 2 00
Total 32 1 9 6 00
Analyze: Accounts Payable increased by $18,706 during the month of

December.
PROBLEM 8.4B
ACCOUNTS
CREDIT
2016
Feb. 5 Packing & Mail Supply
Center 502 2/2 2/10, n/30 ✔ 2 1 0 0 00 2 0 0 0 00 1 0 0 00
8 Gifts and Holiday Cards 2808 2/5 2/10, n/30 ✔ 1 9 0 0 00 1 9 0 0 00
12 Gifts and Holiday Cards 2904 2/8 2/10, n/30 ✔ 1 2 0 0 00 1 2 0 0 00
13 Specialty Business Cards 2013 2/9 1/10, n/45 ✔ 1 1 0 0 00 1 1 0 0 00
19 Business Forms, Inc. 2019 2/16 n/30 ✔ 2 0 4 0 00 1 9 8 0 00 6 0 00
21 Specialty Business Cards 1376 2/19 1/10, n/45 ✔ 3 7 1 0 00 3 6 0 0 00 1 1 0 00
29 12 0 5 0 00 11 7 8 0 00 2 7 0 00
( 2 0 3 ) ( 5 0 1 ) ( 5 0 2 )
POST.
REF.
1 2016 1
203
2 Feb. 20 Accounts Payable/Gifts and Holiday Cards ✔ 2 0 0 00 2
5 merchandise; original purchase made on 5
6 Invoice 2808, dated February 8 6
7 7
203
8 27 Accounts Payable/Gifts and Holiday Cards ✔ 2 4 0 00 8
9 Purchases Returns & Allowances 503 2 4 0 00 9
11 merchandise; original purchase made on 11
12 Invoice 2904, February 12 12
13 13
14 14
15 15
GENERAL LEDGER
POST. BALANCE
REF. DEBIT CREDIT
2016
Feb. 1 Balance ✔ 15 2 0 0 00
20 J12 2 0 0 00 15 0 0 0 00
27 J12 2 4 0 00 14 7 6 0 00
28 P4 12 0 5 0 00 26 8 1 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Feb. 28 P4 11 7 8 0 00 11 7 8 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Feb. 28 P4 2 7 0 00 2 7 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Feb. 20 J12 2 0 0 00 2 0 0 00
27 J12 2 4 0 00 4 4 0 00
Purchases $11,780
Freight In 270
NAME Business Forms, Inc. TERMS n/30
DATE DESCRIPTION POST.REF. DEBIT CREDIT BALANCE

2016
Feb. 1 Balance ✔ 8 0 0 0 00
19 Invoice 2019, 2/16/16 2 0 4 0 00 10 0 4 0 00
NAME Gifts and Holiday Cards TERMS 2/10, n/30

2016
Feb. 1 Balance ✔ 4 0 0 0 00
8 Invoice 2808, 2/5/16 P4 1 9 0 0 00 5 9 0 0 00
12 Invoice 2904, 2/8/16 P4 1 2 0 0 00 7 1 0 0 00
20 CM 102 J12 2 0 0 00 6 9 0 0 00
27 CM 118 J12 2 4 0 00 6 6 6 0 00
NAME Packing and Mail Supply Center TERMS 2/10, n/30

2016
Feb. 1 Balance ✔ 3 2 0 0 00
5 Invoice 502, 2/2/16 P4 2 1 0 0 00 5 3 0 0 00
NAME Specialty Business Cards TERMS 1/10, n/45

2016
Feb. 13 Invoice 2013, 2/9/16 P4 1 1 0 0 00 1 1 0 0 00
21 Invoice 1376, 2/19/16 P4 3 7 1 0 00 4 8 1 0 00
Simpson’s Card and Novelty Shop

February 28, 2016
Business Forms, Inc. 10 0 4 0 00
Gifts and Holiday Cards 6 6 6 0 00
Packing and Mailing Supply Center 5 3 0 0 00
Specialty Business Cards 4 8 1 0 00
Total 26 8 1 0 00
Analyze: Total freight charges for the month of February were $270. This
represents 2.24% ($270 ÷ $12,050) of delivered cost of purchases.
CRITICAL THINKING PROBLEM 8.1
ACCOUNTS
CREDIT
2016
Jan. 3 Fashion Expo 101 12/26 n/30 ✔ 4 6 2 0 00 4 5 0 0 00 1 2 0 00
5 Tru Totes & Co. 223 12/28 2/10, n/30 ✔ 3 5 6 9 00 3 4 8 0 00 8 9 00
7 Extreme Fashions 556 1/3 2/10, n/30 ✔ 3 0 7 5 00 3 0 0 0 00 7 5 00
9 Comfy Casuals 110 1/5 n/30 ✔ 2 3 6 0 00 2 3 6 0 00
12 Professional Wears 104 1/9 2/10, n/30 ✔ 6 5 5 0 00 6 4 0 0 00 1 5 0 00
18 City Walks 118 1/14 n/60 ✔ 3 2 0 0 00 3 1 2 0 00 8 0 00
25 Silky Legs Express 1012 1/20 2/10, n/30 ✔ 1 0 2 5 00 1 0 2 5 00
29 Comfy Casuals 315 1/26 n/30 ✔ 1 6 0 0 00 1 6 0 0 00
31 Special Occasions Dress Shop 1044 1/27 2/10, n/30 ✔ 7 7 5 0 00 7 5 0 0 00 2 5 0 00
31 33 7 4 9 00 32 9 8 5 00 7 6 4 00
( 2 0 5 ) ( 5 0 1 ) ( 5 0 2)
CRITICAL THINKING PROBLEM 8.1 Continued
SALES JOURNAL PAGE 1
SALES ACCOUNTS SALES TAX

CUSTOMER'S POST.
DATE SLIP RECEIVABLE PAYABLE SALES CREDIT
NAME REF.
NO. DEBIT CREDIT
1 2016 1
2 Jan. 4 101 Vivian Cho ✔ 6 4 8 00 4 8 00 6 0 0 00 2
3 5 102 Dina Bates ✔ 5 6 7 00 4 2 00 5 2 5 00 3
4 6 103 Julia Adams ✔ 4 3 2 00 3 2 00 4 0 0 00 4
5 10 104 Cheryl Scott ✔ 3 7 8 00 2 8 00 3 5 0 00 5
6 14 105 Alleen De Revere ✔ 5 4 0 00 4 0 00 5 0 0 00 6
7 17 106 Sasha Ramirez ✔ 6 7 5 00 5 0 00 6 2 5 00 7
8 21 107 Elaine Patterson ✔ 1 6 2 0 00 1 2 0 00 1 5 0 0 00 8
9 24 108 Andrea Aguilar ✔ 5 4 0 00 4 0 00 5 0 0 00 9
10 25 109 Tracy Mai ✔ 3 2 4 00 2 4 00 3 0 0 00 10
11 29 110 Toni Garcia ✔ 6 4 8 00 4 8 00 6 0 0 00 11
12 31 111 Linda Martin ✔ 1 0 2 6 00 7 6 00 9 5 0 00 12
13 31 Totals 7 3 9 8 00 5 4 8 00 6 8 5 0 00 13
14 ( 1 1 1 ) ( 2 3 1 ) ( 4 0 1 ) 14
15 15
NAME City Walks TERMS n/60
POST.
REF.
2016
Jan. 18 Invoice 118, 1/14/16 P6 3 2 0 0 00 3 2 0 0 00
NAME Comfy Casuals TERMS n/30
POST.
REF.
2016
Jan. 9 Invoice 110, 1/5/16 P6 2 3 6 0 00 2 3 6 0 00
29 Invoice 315, 1/26/16 P6 1 6 0 0 00 3 9 6 0 00
NAME Extreme Fashions TERMS 2/10, n/30
POST.
REF.
2016
Jan. 7 Invoice 556, 1/3/16 P6 3 0 7 5 00 3 0 7 5 00
NAME Fashion Expo TERMS n/30
POST.
REF.
2016
Jan. 3 Invoice 101, 12/26/15 P6 4 6 2 0 00 4 6 2 0 00
NAME Professional Wears TERMS 2/10, n/30
POST.
REF.
2016
Jan. 12 Invoice 104, 1/9/16 P6 6 5 5 0 00 6 5 5 0 00
NAME Silky Legs Express TERMS 2/10, n/30
POST.
REF.
2016
Jan. 25 Invoice 1012, 1/20/16 P6 1 0 2 5 00 1 0 2 5 00
NAME Special Occasions Dress Shop TERMS 2/10, n/30
POST.
REF.
2016
Jan. 31 Invoice 1044, 1/27/16 P6 7 7 5 0 00 7 7 5 0 00
NAME Tru Totes & Co. TERMS 2/10, n/30
POST.
REF.
2016
Jan. 5 Invoice 223, 12/28/15 P6 3 5 6 9 00 3 5 6 9 00
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
NAME Julia Adams TERMS n/30
POST.
REF.
2016
Jan. 6 Sales Slip 103 S1 4 3 2 00 4 3 2 00
NAME Andrea Aguilar TERMS n/30
POST.
REF.
2016
Jan. 24 Sales Slip 108 S1 5 4 0 00 5 4 0 00
NAME Dina Bates TERMS n/30
POST.
REF.
2016
Jan. 5 Sales Slip 102 S1 5 6 7 00 5 6 7 00
NAME Vivian Cho TERMS n/30
POST.
REF.
2016
Jan. 4 Sales Slip 101 S1 6 4 8 00 6 4 8 00
NAME Alleen De Revere TERMS n/30
POST.
REF.
2016
Jan. 14 Sales Slip 105 S1 5 4 0 00 5 4 0 00
NAME Toni Garcia TERMS n/30
POST.
REF.
2016
Jan. 29 Sales Slip 110 S1 6 4 8 00 6 4 8 00
NAME Tracy Mai TERMS n/30
POST.
REF.
2016
Jan. 25 Sales Slip 109 S1 3 2 4 00 3 2 4 00
NAME Linda Martin TERMS n/30
POST.
REF.
2016
Jan. 31 Sales Slip 111 S1 1 0 2 6 00 1 0 2 6 00
NAME Elaine Patterson TERMS n/30
2016
Jan. 21 Sales Slip 107 S1 1 6 2 0 00 1 6 2 0 00
NAME Sasha Ramirez TERMS n/30
2016
Jan. 17 Sales Slip 106 S1 6 7 5 00 6 7 5 00
NAME Cheryl Scott TERMS n/30
2016
Jan. 10 Sales Slip 104 S1 3 7 8 00 3 7 8 00
GENERAL LEDGER
ACCOUNT Accounts Receivable ACCOUNT NO. 111
POST. BALANCE
REF. DEBIT CREDIT
2016
Jan. 31 S1 7 3 9 8 00 7 3 9 8 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Jan. 31 P6 33 7 4 9 00 33 7 4 9 00
ACCOUNT Sales Tax Payable ACCOUNT NO. 231
POST. BALANCE
REF. DEBIT CREDIT
2016
Jan. 31 S1 5 4 8 00 5 4 8 00
GENERAL LEDGER
ACCOUNT Sales ACCOUNT NO. 401
POST. BALANCE
REF. DEBIT CREDIT
2016
Jan. 31 S1 6 8 5 0 00 6 8 5 0 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Jan. 31 P6 32 9 8 5 00 32 9 8 5 00
POST. BALANCE
REF. DEBIT CREDIT
2016
Jan. 31 P6 7 6 4 00 7 6 4 00
Fashion Standards
January 31, 2016
City Walks 3 2 0 0 00
Comfy Casuals 3 9 6 0 00
Extreme Fashions 3 0 7 5 00
Fashion Expo 4 6 2 0 00
Professional Wears 6 5 5 0 00
Silky Legs Express 1 0 2 5 00
Special Occasions Dress Shop 7 7 5 0 00
Tru Totes & Co. 3 5 6 9 00
Total 33 7 4 9 00
Fashion Standards
Schedule of Accounts Receivable
January 31, 2016
Julia Adams 4 3 2 00
Andrea Aguilar 5 4 0 00
Dina Bates 5 6 7 00
Vivian Cho 6 4 8 00
Alleen De Revere 5 4 0 00
Toni Garcia 6 4 8 00
Tracy Mai 3 2 4 00
Linda Martin 1 0 2 6 00
Elaine Patterson 1 6 2 0 00
Sasha Ramirez 6 7 5 00
Cheryl Scott 3 7 8 00
Total 7 3 9 8 00
Analyze: Net delivered cost of purchases:

Purchases $32,985
Freight In 764
CRITICAL THINKING PROBLEM 8.2
1. To determine whether Sensual Linens Shop was billed in error:

a Review Sensuoal Linens Shop’s purchase order file for duplicate orders to Passionate Linens
Company. If two orders were placed for the same merchandise, check the receiving reports
to determine if both shipments were received. If Sensual Linen Shop does not prenumber
its purchase orders, two orders may have been issued for the same merchandise. If only,
one purchase order was placed, check the receiving reports for a duplicate shipment.
b If no duplicate purchase order or duplicate receipt of merchandise is found, ask Passionate
Linens Company to identify why they made two shipments of sheets. If Passionate Linens
Company made the second shipment in error, they will be obligated to accept return of the
sheets.
2. To prevent this situation from occurring again:

a Prenumber all purchase order forms and periodically check to be sure that all forms can be
accounted for.
b Require all purchase orders to have proper authorization before they are issued. Ms. Renard
can authorize all purchase orders, or she can designate appropriate personnel to handle this
function.
c Require all shipments of merchandise received by the shop to be compared to the
corresponding purchase order and the invoice received from the supplier. Any shipment
for which there is no purchase order should be questioned immediately.
d Require the purchase order and corresponding receiving report to be attached to the invoice
before it is presented for payment.
Ms. Renard can establish internal control procedures to reduce the possibility of issuing duplicate
purchase orders, but she cannot prevent suppliers from making duplicate shipments in error.
If the appropriate documentation accompanies invoices, though, she will know the error was
not commited by Sensual Linens Shop.
Business Connections
Managerial Focus:
1. Maintenance of good credit reputation, taking advantage of cash discounts.

2. Allows a business to buy on credit, using resources more effectively.
3. It is important to establish a good credit rating for future cash needs. Additionally, cash could
be used for other purposes.
4. Creates a storage problem, risks obsolescence of the merchandise, and ties up funds.
5. Ensures authorized-only purchases, verifies receipt of goods and accuracy of invoices,
distributes tasks.
6. Protect against fraud and excessive investment in merchandise.
Ethical Dilemma:
Anna's actions are not ethical. If she cannot get a raise from this company, she should find a
new job. When she performs the unethical action of getting money from a fictitious vendor
she is stealing dollar for dollar from her company. Her money comes right out of net income
for this company.
When Anna finds how easy it is to perpetrate this fraud, she will create more vendors and
more invoices. To prevent these actions the controller should require each new vendor to
receive his/her approval. The procedure to only view the checks over $100 can still be
maintained with this one approval process.
Financial Statement Analysis:
1. 2013: 65.4% ($48,912 ÷ $74,754). 2012: 65.5% ($46,133 ÷ $70,395)

2. Answers will vary. Students may suggest price changes on merchandise from suppliers,
discounts, or shipping costs variances.
Analyze Online:
Answers will vary depending on the year.
Teamwork:
Sales on account to customers could be 2/10 net 30. Payment terms from vendors
should then be net 45 or net 60 days. That way, you will receive payment from customers
before you need to pay vendors.
Internet Connection:
Your Company address and phone number and the vendor’s name and address. The amount
of the check or purchase order. Reference for the purchase order number of purchase
requisition.
Chapter 8 Practice Test Answer Key
Part A True-False Part B Exercises
1. F 11. T 1. An expense.
2. T 12. F 2. All columns.
3. T 13. T 3. Accounts Payable Credit =
4. T 14. F Purchases Debit + Freight In Debit
5. T 15. F 4. It is not recorded in the purchases
6. F 16. T journal at all; it is entered in the
7. T 17. F cash payments journal.
8. T 18. F 5. In the Cost of Goods Sold section.
9. T 19. F 6. The General Journal.
10. T 20. F 7. The Accounts Payable column.
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of France. The deaths of John of Coimbra, king of Cyprus, and
of the duke of
Brittany, which last is succeeded by his brother Arthur count de
Richemont
CHAP. LXXIII.
King Charles is dangerously ill. On his recovery, he sends to
inform the duke
of Burgundy that he shall take under his ward the estates of the
youth of
Rodemac. The duke's answer. Of the storms of wind, frost, and
snow in this
season 417
CHAP. LXXIV.
The duke of Burgundy, at the request of the town of Ghent,
goes thither. A
great feast is made there 420
CHAP. LXXV.
The death of the king of Arragon. His bastard Fernando
succeeds to the throne
of Naples. Of pope Pius, and the events that happened about
that time; such as
the death of the duke of Brittany, and the embassy from
England to the duke of
Burgundy 424
CHAP. LXXVI.
The duke of Burgundy makes his entry into Ghent, and is
magnificently entertained
by the town. The king of France sends to summon the duke of
Burgundy
to attend the trial of the duke d'Alençon 427
HERE BEGINNETH
THE NINTH VOLUME

OF THE
CHRONICLES
OF
ENGUERRAND DE MONSTRELET.
CHAP. I.
THE KING OF FRANCE, BEING SATISFIED THAT THE
ENGLISH HAD BROKEN THE TRUCE, DECLARES WAR
AGAINST THEM.—VERNEUIL IS TAKEN BY A MILLER,
WHOM AN ENGLISHMAN HAD BEATEN.
The king of France, having received full information of the warfare
carried on by the English against Scotland, which was included in
the truce, and of that against the Spaniards by sea, who were also
included in it, as well as that on his own subjects of Dieppe, la
Rochelle, and elsewhere, ever since the signing of the truce, without
making any restitution whatever for the damages done by them,
more especially in the capture of Fougeres from the duke of Brittany,
for which they refused to make any reparation, although often
summoned by the king so to do, as well by ambassadors to king
Henry as to those who had the government of Normandy: having,
therefore, maturely deliberated on all these grievances in his council,
and knowing that he had fully acquitted himself of his duty in
endeavouring to preserve peace, he declared war against England
by sea and land.
During the truce, the english garrisons of Mantes, Verneuil, and
Laigny had gone on the high roads between Orleans and Paris, and
had robbed and murdered all passengers and merchants that fell in
their way. In like manner did the English of Neufchâtel, Gournay, and
Gerberoy, on the roads between Paris, Abbeville, and Amiens: they
also made inroads over the country, seizing all they could lay hands
on, and murdering gentlemen in their beds, who had sworn
allegiance to the king of France; such as the lord de Maillebois, the
lord de St Remy, Olivier de Noirequerque, and several more.
On the other hand, such tradesmen and labouring farmers as had,
on the faith of the truce, returned to their occupations, houses, and
villages, were continually harrassed and put to death by the English,
who called them false Armagnac-traitors.
These were the fine exploits of the English during the existence of
the truce. They were called Vizards, from wearing masks and
frightful disguises over their other clothes, when they went on any
such expeditions, to prevent them being discovered.
To put an end to all these deceitful proceedings of the English, the
king of France assembled a large body of men at arms, as did the
duke of Brittany, on their frontiers. The garrison of Fougeres made a
sally on these last,—but they were repulsed so valiantly that they lost
upwards of six score in killed and taken.
At this time a miller in the town of Varneuil[1] was beaten by an
Englishman going the rounds. In revenge, he went to the bailiff of
Evreux, and promised, on certain conditions, to admit him and his
men into the town. In consequence of this, sir Pierre de Brésé,
seneschal of Poitou, the said bailiff of Evreux, Jacques de Clermont
and others, collected their men with all haste, and appeared before
the walls of Verneuil by break of day on the 29th day of July.
The miller was on guard this night, and dismissed the watch sooner
than usual because it was Sunday, that they might attend mass and
then breakfast. The French, by the aid of the miller, fixed their
ladders to his mill, and, by this means, entered the town without any
one knowing, or even suspecting it. Six score English were in
garrison, some of whom were killed or made prisoners, and the rest
fled in haste to the castle.
On the morrow, the miller drew off most part of the water from the
ditches of the castle, which was then vigorously attacked and
defended,—but at last it was taken by storm. Many gallant deeds
were done, particularly by the seneschal, who acquired greater
renown than any other, although all fought well, for they had not any
heavy artillery,—and numbers of the English were killed, wounded,
and taken. The remainder took shelter in the tour grise, which was
impregnable so long as provisions did not fail, being very thick and
high, and detached from the castle, surrounded with ditches full of
water. Notwithstanding its strength, the French attacked it on all
sides,—and while they were thus engaged, the count de Dunois
arrived with the lord de Culant and many other knights and esquires.
The first had been lately appointed lieutenant-general of the armies
of the king of France,—and the lord de Culant had been made grand
master of the household.
Having had information that lord Talbot was on his march to relieve
his countrymen in the tower, and was arrived at Breteuil[2], they soon
departed, leaving sir Florent Dilliers, who remained to manage the
siege, with about eight hundred combatants.
The count de Dunois kept advancing until he met lord Talbot near to
Harcourt[3], who, when he perceived the French, fortified himself so
strongly, with stakes and the baggage-carts which carried his stores,
that they could no way injure him. At nightfall, he retreated in haste
to Harcourt. All the ensuing day the French were drawn up in battle-
array in the expectation of an engagement, but Talbot would not quit
the town.
The following knights were this day created: the lord de Herbault, sir
John de Bar lord of Baugey, and John Daulon, equerry of the king's
stables; and the French, finding that Talbot would not come out of
Harcourt, withdrew that evening to Evreux.
On the sixth day of August, in this year, the king of France advanced
toward Amboise, to cross the river Loire, and march his army into
Normandy to support the besiegers of Verneuil. The count de Dunois
and his company remained two days in Evreux.
FOOTNOTES:
[1] Verneuil,—a town in Normandy, diocese of Evreux.
[2] Breteuil,—a town in Normandy, near Conches.
[3] Harcourt,—a town in Normandy, election of Conches, ten
leagues from Rouen.
CHAP. II.
THE COUNT DE ST POL APPEARS BEFORE NOGENT,
WHICH SURRENDERS TO HIM.—THE CAPTURE OF
POINT-AUDEMER.
On Friday, the 8th day of August, in this year, the count de St Pol,
with about four hundred[4] horse, came before the castle of Nogent,
of whom twenty or thirty of the most valiant of the van, at the first
shock, forced their way into the lower court, and gained the barriers.
Fearing the cannon of the English, they instantly retreated, to wait for
their companions,—but not before the portcullis had been rapidly let
down, and inclosed two of their number, who were made prisoners.
On the approach of the main army, the place was courageously
attacked on the side toward the fields, when many were killed and
wounded on each side. The governor for king Henry was called Jean
le Fevre, born near to Louviers, who had with him about thirty
companions in arms.
On the Saturday, the place surrendered between eleven and twelve
o'clock, on condition that the garrison should march away in safety
unarmed, except the governor, who was to wear his sword. They
deposited all their effects in the church of St Peter, whence they
afterward came to seek and carry them away whither they pleased.
The conquerors, perceiving on the Sunday that the place was not
tenable, decamped, but not before they had set fire to it, and burnt it
to the ground.
The same Friday, the count de Dunois marched from Evreux with a
large company of knights and esquires, and two thousand five
hundred combatants. Two days after, the counts d'Eu and de St Pol,
the lords de Saveuses, de Roye, de Moy, de Rambures, and others,
to the number of three hundred lances, and from fourteen to fifteen
hundred archers, passed Pont de l'Arche, and continued their march
until they formed a junction, on the 12th before Pont Audemer, with
the count de Dunois and his army. The count de Dunois was posted
on the side toward Rouen, and the counts d'Eu and de St Pol nearer
to Honfleur, on the other side of the river Rille, which runs by the
town,—and each lord drew up his men to the attack of the place.
That part of it near to the quarters of the count de St Pol was so
courageously attacked that it was carried by storm, notwithstanding
the very gallant defence of the English. Many brilliant acts were done
by the count de Dunois' men, who entered the place at the same
time with the others, crossing the ditches with water up to their
necks.
Four hundred and twenty English retreated into a strong house at the
end of the town under their captains, Montfort, treasurer of
Normandy, and Foucques Ebon, who surrendered themselves
prisoners to the counts de Dunois and de St Pol.
Twenty-two new knights were made on this occasion, such as the
lord de Moy, the son of the vidame of Amiens, the son of the lord de
Rambures, and others. Thus was Pont Audemer replaced under the
obedience of the king of France.
King Charles came to Vendôme on this day, the 12th, and remained
there until the 18th day of August, when he marched for Chartres,
and arrived there on the 22d.
FOOTNOTES:
[4] Four hundred. In the original it is four thousand,—but this
number appeared to me too great.
CHAP. III.
THE ENGLISH INVADE SCOTLAND TWICE, AND ARE
AS MANY TIMES REPULSED[5].—THE TOWER OF
VERNEUIL SURRENDERS TO THE KING OF FRANCE.
—OTHER MATTERS.
It was evident that Heaven was against the English,—and they were
deserving of it, for it is a fact that they have alway encroached on
their Christian eighbours, as well in the kingdom of France as in
Scotland, Ireland, Wales, and elsewhere. Many violences have most
unjustly been done by them, by reason of their not having the words
of our Saviour Jesus Christ before their eyes, 'Render unto Cæsar
the things that be Cæsar's and unto God the things that be God's.'
Among their various plans of annoyance to their neighbours, they
carried one about this time into effect, namely, an invasion of
Scotland. The earl of Salisbury sent two lords of great renown,
natives of England, sir Thomas de Hanton, knight, and the lord
Percy, son to the earl of Northumberland, to wage war against
Scotland. They had with them fifteen thousand combatants and a
numerous body of peasants, and, crossing the river Solway, entered
Scotland, where they remained three days, having advanced six
miles of that country, equal to three french leagues.
When the earl of Douglas heard of this inroad, he collected, without
delay, six thousand Scots, and attacked the English on the plain in
open day. The battle was well fought on both sides, and many were
killed and wounded; but it was won by the Scots, who kept the field,
and made many prisoners: in the number were sir Thomas de
Hanton and Percy: the rest escaped as quickly as they could, to
carry the melancholy news to lord Salisbury. He was very much
grieved, and not without cause, but not cast down; for he instantly
raised a greater army than before, consisting of sixty thousand men,
thinking to destroy the whole kingdom of Scotland.
When the earls of Murray and of Ormond heard of the English
having crossed the Solway with a large army, they, having the fear of
God before their eyes, and finding the English determined thus
conjunctly to destroy their country, took measures to oppose them;
for it is perfectly lawful that every one should fight for his country.
They soon, with the aid of other scots lords, assembled a force of
thirty-two thousand able warriors, and, falling on the english camp
unawares, put them to the rout, with great slaughter and loss in
prisoners and wounded. They were pursued as far as the Solway,
wherein many were drowned. The English lost in these two invasions
from twenty to twenty-four thousand men in killed and prisoners.
The Scots gave all the merit of this signal defeat to God, and not to
human force, for which they celebrated a thanksgiving; and, to
prevent the English from being in future so eager to invade their
country, they resolved to continue the pursuit into England. Having
crossed the Solway, they destroyed the country, full twenty leagues
in length, and six in breadth, as far as the strong town of Newcastle,
without leaving a town or house on their road unburnt. On this
expedition, a knight of great power in Scotland was slain, called sir
John Vbouailles; and the Scots then returned unmolested home.
The account of these battles was given to the writer of the
Chronicles of St Denis, at that abbey, by three scots priests of the
diocese of Dunblaine, of which church one was a canon, and
affirmed it for true before the holy shrine of St Denis, in the manner
above related, and in the presence of the monks of that abbey.
On the 12th of August, the king of France came to Vendôme, grandly
accompanied by men at arms, as well lords, knights and esquires, as
others. He remained there until the 18th; and, during this time, the
lord de Lohéac, marshal of Brittany, sir Geoffry de Couren[7], and
Joachim Rohault and others, attacked the town of St Jacques de
Beuvron with great vigour from nine in the morning until night, and,
with heavy and small artillery, kept up a continual fire on the walls. It
was, however, gallantly defended; but on the morrow; the English
capitulated for its surrender, on being allowed to march away in
safety with their effects.
On the 22d of the said month, the king of France entered Chartres;
and, on the next day, the garrison of the tower of Verneuil
surrendered themselves prisoners. They were but thirty, of whom the
greater part were renegado French,—several having escaped a little
before, carrying off all their valuables, owing to the negligence of
those who had the guard during the night. Sir Florent was very much
blamed for this, as the king had sent him orders, by one of his
heralds, to be very attentive in guarding the place. The king, on the
departure of the principal leaders, made matters easy to those who
had remained, from the consideration that the place was
impregnable but from want of provisions; and he concluded a treaty
with the lords de Presigny and de Baugey, for their paying a
moderate ransom, on delivering up the tower to the king.
At this time, or a little after, Joachim de Rohault, with these lords who
had gained St Jacques de Beuvron, took, after an attack of ten
hours, the town of Mortain[8]. The count de Dunois, with the count de
St Pol and those who had been at the capture of Pont Audemer,
marched to lay siege to the city of Lisieux; but when those within the
city observed the great force brought against it, and which it was
impossible for them to resist,—fearing also that, should it be taken
by storm, they would lose every thing,—they held several
conferences together, and, by the advice of their bishop, offered to
surrender the place to the king of France. The bishop managed so
honourably and ably that not the smallest damage was done to any
individual, but each peaceably enjoyed his property as before the
surrender. Several small places round Lisieux surrendered to the
count de Dunois at the same time.
FOOTNOTES:
[5] Under the years 1446, 47, 48, 49, 50, in Andrew's History of
Great Britain, &c.
'An invasion of Scotland is attempted by the English, led by the
earl of Northumberland and Magnus Reidman. They are defeated
at Sark[6] by the Scots, under the command of the lord Douglas
and his brother the earl of Ormond.'
I see from Douglas's Peerage that it ought to be Archibald earl of
Murray, (and not lord Douglas) third son to James VII. earl of
Douglas. The earl of Ormond was his next brother.
The following extract is from Hutchinson's History of
Northumberland, page 233, vol. ii.
'Henry earl of Northumberland, in the 14th Henry VI. made an
unsuccessful irruption into Scotland,—and at Piperden was
defeated by the earl of Angus, with the loss of 1500 men.
'In the 29th of the same reign he entered Scotland again, and
engaged, near the river Sark, a large body of Scots under the
command of sir William Wallace of Craigey, where he again had a
defeat, and narrowly escaped being made prisoner,—his son
choosing to throw himself into the hands of the enemy to save his
father.'
[6] Sark,—a river in Scotland formed of two branches, the white
and black, falls into the Eden four miles below Carlisle.
[7] De Couren. Couvren.——MS. Du Cange.
[8] Mortain,—a town in Normandy, on the river Lances, on the
borders of Maine.
CHAP. IV.
THE KING OF FRANCE SUMMONS MANTES TO
SURRENDER,—WHICH IT DOES, AND IS TAKEN
POSSESSION OF, IN THE NAME OF THE KING, BY THE
COUNT DE DUNOIS, HIS LIEUTENANT-GENERAL.
On the 26th of this same month of August, and on the morrow of the
feast of St Louis, the king left Chartres with a noble company, and
fixed his quarters at Château-neuf-en-Timerais[9], and, the same
day, sent his heralds to summon the garrison of Mantes,—which
town was held and occupied against his will. While the heralds were
on their embassy, the counts de Dunois and St Pol arrived with five
or six hundred combatants, the same day, before the town of
Mantes, and summoned the inhabitants to return to their obedience
to the king of France. They at first refused, from fear of the garrison,
although in their hearts they were well inclined to obey the
summons,—and the lieutenant-general ordered preparations for an
immediate attack.
The inhabitants noticed this, but were fearful that the english
garrison, amounting to two hundred and sixty men, under the
command of sir Thomas Hos[10], knight, and chancellor for the king
of England in these parts, would make a defence. He was indeed not
in the town; but his lieutenant, Thomas de Sainte Barbe, bailiff of the
place, was present, and determined on resistance as long as he
could. The inhabitants, therefore, foreseeing the ruin of their town,
caused the bailiff to be informed, that if he would not enter into a
capitulation for the surrender of the place, they should certainly do
so. This they would not have dared to say, if they had not felt
themselves the strongest; and the better to force the English to
terms, they seized the tower and gate called the Port-au-Saint, with
the whole of that quarter, and then went in a body to the lieutenant-
general, and concluded with him a treaty for the surrender of their
town.
The English were desirous of making resistance, and would have
opposed the French, had not this tower and its defences been
occupied by the townsmen. A copy of the capitulation was sent
them, about four o'clock in the afternoon, by a herald accompanied
by fifty men at arms, who were received by the inhabitants, and
posted in this tower, to guard them against the English, should there
be occasion. Although the lieutenant-governor had accepted the
terms for himself and his companions the bailiffs, the count de
Dunois remained with his army in order of battle before the walls
from morning to evening, when he entered the place with a strong
detachment, to guard the inhabitants from pillage and other
mischiefs, which men at arms were accustomed to do on similar
occasions,—and also to confirm the townsmen in their loyalty and
obedience toward the king.
FOOTNOTES:
[9] Château-neuf-en-Timerais,—a town in Perche, election of
Verneuil.
[10] Sir Thomas Hos. Q.
CHAP. V.
THE KING OF FRANCE MAKES HIS ENTRY INTO
VERNEUIL.—THE RECEPTION HE RECEIVES.—THE
SENESCHAL OF POITOU UNDERTAKES AN
[11]
EXPEDITION AGAINST THE CASTLE OF LOIGNY .—
IT SURRENDERS TO THE KING, AND SEVERAL
ENGLISH ARE TAKEN IN IT.—VERNON SURRENDERS
TO THE KING.
On the 27th of August in this year, the king of France made his entry
into Verneuil, with much pomp and grandly attended. He was
received there as magnificently as possible, for the churchmen and
chief inhabitants came out in procession to meet him, dressed in
their best clothes and hoods. The populace issued out also in
crowds to welcome his arrival: they made bonfires, and strewed the
streets with flowers in the best manner they could, singing carols day
and night.
The king remained some time in Verneuil, and thither came the
bishops of Lisieux and Auxerre to do him homage. During this
interval, the seneschal of Poitou formed a plan to gain the castle of
Loigny, held by an esquire of Normandy, called the lord de Sainte
Marie, as governor for sir Francis de Surienne, called the
Arragonian, the owner of this castle, and who had married sir
Francis's daughter. Although the seneschal did not come before the
place personally, he had practised with the governor (who had under
his command two hundred combatants quartered in the lower court);
so that when the French appeared, they were admitted into the
dungeon, without the knowledge of the men at arms sent by sir
Francis for its defence, or of his lady, who was in the castle.
The English, when they saw the French, thought to defend
themselves; but finding they were too weak in numbers, they
desisted, and were, with their horses in the lower court, and all their
effects, seized in the name of the king of France, except the lady of
sir Francis, who departed with her baggage, much enraged at the
treachery of her son-in-law. The lord de Sainte Marie was re-
appointed to the government of the castle, on the terms he had held
it before.
On the same day, the captain of Robert de Flocques, bailiff of
Evreux, was sent with a certain number of men at arms to summon
the garrison and inhabitants of Vernon to submit themselves to the
king of France, by sending to him the keys of the town. The
governor, John Ormond, an esquire, son to the earl of Ormond in
Ireland, replied, that he would willingly do so,—and, by way of
derision and mockery, sent for all the old keys he could from the
locksmiths in the town, and presented them to the pursuivant who
had brought the summons; but he made answer, that they were too
old to be of use to such a place, and departed, to make his report of
what had passed to the count de Dunois, who was not far off with the
main army.
On the morrow morning, the 28th, came the lieutenant-general,
attended by the counts de St Pol and d'Eu, the lord seneschal of
Poitou, and several other captains, with a large body of franc
archers, (an institution lately established in France) attacked, and
instantly gained possession of a small island, on which they raised a
battery of cannon, although they did not fire them, but some sharp
skirmishings took place between the archers,—and the English lost
the bridge, when their governor was pierced through both his cheeks
with an arrow, to their great dismay. Seeing, therefore, the great
force that was brought against them, and that numbers of towns and
castles had of late surrendered, they, in conjunction with the
inhabitants, demanded from the count de Dunois passports for four
or six persons to hold a parley respecting the summons that had
been sent them.
This was agreed to; and the following persons were selected by the
governor and inhabitants to wait on the count de Dunois, namely,
John Abaron[12], an Englishman, captain of the troops in the town,
master Guillaume d'Aguenet, a most determined partisan of the
English, Regnault de Bordeaux and others,—and d'Aguenet was
appointed spokesman. Having made the usual salutations to the
lieutenant-general, he thus addressed him,—'My lord, you have
summoned us to surrender the town of Vernon to the king your lord:
tell us on what grounds you have made this demand.' The count de
Dunois, with coolness and dignity becoming the representative of a
king, answered most eloquently, (for he was one of the most
eloquent men in all France) that the said town of Vernon, and its
dependances, belonged to the king his lord by rightful inheritance;
that it had been taken from him more by violence than otherwise,
with great part of his kingdom, during the life of the late king his
father; and he then recited, in a style that would have done credit to
a doctor, a history of the war between the kings of France and
England, and the innumerable evils that had resulted from it: that the
king of France, moved by his great charity, had consented to certain
truces, in the hope that, during their continuance, means might be
found to establish a permanent peace,—but that the English had,
through their disorderly love of conquest, in the interval, gained by
force the town of Fougeres from the duke of Brittany, a relative and
subject of the king, and especially named in the said truces. He then
related all the conferences that had taken place on the occasion, and
their result, which have been already mentioned.
'The king, therefore, having maturely considered this conduct with
his council, captains and allies, and witnessing the infidelity of the
English, has raised a sufficient army to regain all that legally belongs
to him, and has appointed me his lieutenant-general to carry his
intentions into execution: I therefore have summoned, and do now
summon, you to restore this town to its rightful lord, to avoid the
perils you will run into from your rebellion and disobedience, and that
you may not attribute the evils that will ensue from your refusal to
your lawful lord and mine, whose benign grace is willing to receive
you again as his subjects.'
At the close of this speech, the English and the other deputies
withdrew to consult how they should act. In the discussion, great
disputes arose; for the French, considering king Charles as their
lawful king, and feeling that what the lieutenant had said was
founded in reason, wanted to surrender, but the English would not.
After much altercation, the townsmen declared that they would
surrender, whether the English would or no, if a fair treaty were
offered for the tower, in which the English should be included if they
were agreeable to it.
The English, perceiving they could not resist the will of the
inhabitants, so plainly discovered, demanded letters, under the town-
seal, declaratory that the surrender was agreed to without their
consent, which were given them.
The deputies returned to the count de Dunois, who concluded a
treaty, with the assent of the lords in his company, by which the town
and castle of Vernon were surrendered,—in which were twelve score
English, under the command of the son of the earl of Ormond. They
marched away in safety with their baggage,—and the inhabitants
remained peaceably in the town, without losing an article of their
effects.
The king afterwards gave this town and castle to the count de
Dunois, for the great services he had rendered him, and in the
expectation that he would do more in conquering Normandy, or
wherever else he might be employed.
FOOTNOTES:
[11] Loigny,—a village in Beauce.
[12] John Abaron. Q.
CHAP. VI.
THE KING OF FRANCE COMES TO THE TOWN OF
EVREUX, WHERE HE IS HANDSOMELY RECEIVED,
AND GOES THENCE TO LOUVIERS.—THE CASTLE OF
ANJOU SUBMITS TO THE KING.—GOURNAY
SURRENDERS ALSO.—JOHN HOWEL YIELDS UP THE
CASTLE OF LA ROCHE-GUYON TO ITS LORD, AND
TURNS TO THE FRENCH.
About the end of August, the king departed from Verneuil, and
made his entry into the city of Evreux with great pomp. He was
sumptuously received by the inhabitants, who went out in procession
to meet him, made bonfires, sang carols, and hung all the streets
with tapestry through which he passed. He slept one night only in
Evreux, and on the morrow went to Louviers, where he was equally
well received. He was accompanied by the count du Maine, brother
to the king of Sicily and the queen of France, the count de Clermont,
eldest son to the duke of Bourbon, the viscount de Longmaigne,
eldest son to the count d'Armagnac, the count de Castres, son to the
count de la Marche, the youngest son of the house of Albreth, John
lord of Lorraine, many other great lords and barons, and knights and
esquires without number.
The king had two hundred lances for his body-guard, and his usual
archers, without including four armies he had in the field,—namely,
the army of the duke of Brittany, another under the command of the
count de Dunois lieutenant-general, the army of the counts d'Eu and
de St Pol, and that of the duke d'Alençon. The king was very active
in supplying these armies with every thing they might want, as well
with money as bombards, artillery, and all kinds of stores; and
couriers were constantly passing and repassing between him and
them, to convey orders and intelligence.
During this time, William de Chance, governor of Pontoise, marched
a body of men before the castle of Anjou, and summoned Portugal,
the governor, to surrender it to the king of France. Portugal, hearing
how the whole country, with its towns and castles, was submitting
daily to king Charles, and knowing the impossibility of any effectual
resistance, capitulated for its surrender,—when de Chance was
appointed, by the king of France, the governor.
Sir Louis de Luxembourg, count de St Pol, marched, on a Sunday,
from Vernon, to lay siege to Gournay. On his march, he was met by
some of the townsmen, who came to make an offer to yield up the
place, which was under the guard of William Harper, lieutenant to
William Coram, an Englishman. The lieutenant, fearful of the event of
a siege, and knowing also how the tide of war was turned,—and that
all the towns and castles were surrendering to the French,—having
also in mind that prudent maxim, 'Felix quem faciunt aliena pericula
cautum,'—went out with one of the inhabitants, called Raoullet
Pailleavoine, and some others, to the count de St Pol, on his arrival
before the place, and confirmed the treaty that had been made at
Longueville.
It was articled that the town and castle should be surrendered to the
count de St Pol, notwithstanding that the lord de Moy and William de
Chance, ignorant of the count's enterprise, had attempted to take it
by storm, and had opened batteries against its walls. The moment
they were informed of the count's intentions, they abandoned their
enterprise,—and the king of France gave it to the count, with all its
dependances, for his life. He appointed, therefore, as governor of the
castle and town, sir George de Croix, lord of Blainsel.
While this treaty was carrying on, the count d'Eu remained at Andeli
sur Seine[13], and thence went to quarter himself and his forces at
Pont Saint Pierre[14], where he staid three days, when he crossed
the Seine to besiege Harcourt[15].
On Monday, the 29th of August, all the lords who had been at the
surrender of Vernon joined the king at Louviers, to arrange their
plans for further conquests. During their assembly, the lord de
Jalognes, marshal of France, and the lord of Roche-Guyon, marched
a large body of men at arms to conquer the castle of La Roche-
Guyon[16]. To effect this, they detached about thirty men by water,
well supplied with cannon and ammunition, who approached the
place as if intending to besiege it, making as much noise as though
they had been two hundred, and remained before it for three days,
constantly skirmishing with the garrison; but although this garrison
did not consist of more than sixteen men, the French gained no
advantage over them.
On Thursday the 3d of September, the lords de Jalognes and de la
Roche-Guyon appeared before it with their forces; and when John
Howel, the english governor, saw so numerous a body that it would
be vain for him to oppose it, at the same time fearing the event of a
siege, and considering the right the king had to reconquer his
kingdom, entered into a treaty with these lords conditionally to
surrender the castle, unless he should be relieved by the king of
England or his lieutenant in Normandy, within fifteen days; and that
he and his men should have free liberty to march away with their
baggage whither they pleased.
Intelligence of this was sent to the duke of Somerset, lieutenant of
Normandy, in Rouen, who tampered with the messenger to introduce
four and twenty English into the castle, and put Howel to death. On
his return, he attempted to gain over some of the garrison to his
purpose, of admitting the twenty-four Englishmen to execute his
damnable design; but knowledge of this plan coming secretly to the
ears of Howel, he sent in haste for the lord de la Roche-Guyon, who
had withdrawn himself and his forces until the fifteenth day should
arrive, to whom he surrendered the place. The garrison marched
away, under passports, with their effects; but Howel was so indignant
at the plot formed against his life that he became a Frenchman, and
took the oaths of allegiance, on condition that he should enjoy the
landed property of his wife, who was a native of France,—and the
lord de la Roche-Guyon continued him in the government of his
castle.
FOOTNOTES:

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Chapter Opener: Thinking Critically

Managerial Implications: Thinking Critically

1. Purchases journal 4. Purchases journal

Dr. Cr. Dr. Cr.

PURCHASES JOURNAL PAGE

GENERAL JOURNAL PAGE

GENERAL JOURNAL PAGE

GENERAL JOURNAL PAGE 15

PURCHASES JOURNAL PAGE 14

ACCOUNT Purchases ACCOUNT NO. 501

ACCOUNT Freight In ACCOUNT NO. 502

ACCOUNT Purchases Returns and Allowances ACCOUNT NO. 503

Analyze: Total purchases in June were $9,986.

NAME Hi-Qual Case TERMS n/45

NAME Holtz Spectrum TERMS 2/10, n/30

NAME Nano Glass TERMS 1/10, n/60

NAME Photo Supplies TERMS n/45

NAME Pro Photo Equipment TERMS n/60

Analyze: The balance owed to Nano Glass on June 30 is $3,440.

PURCHASES JOURNAL PAGE 8

GENERAL JOURNAL PAGE 20

ACCOUNT Accounts Payable ACCOUNT NO. 205

ACCOUNT Purchases ACCOUNT NO. 501

ACCOUNT Freight In ACCOUNT NO. 502

ACCOUNT Purchases Returns and Allowances ACCOUNT NO. 503

ACCOUNTS PAYABLE SUBSIDIARY LEDGER

NAME Brooks Garden Furniture Company TERMS n/45

NAME Brown Corporation TERMS n/60

NAME Cameron Rubber Company TERMS 1/15, n/60

NAME Lawn and Gardens Supply TERMS n/30

NAME Wilson Industrial Products TERMS 2/10, n/30

The English Garden Shop

GENERAL JOURNAL PAGE 14

ACCOUNT Accounts Payable ACCOUNT NO. 205

ACCOUNT Purchases ACCOUNT NO. 501

ACCOUNT Freight In ACCOUNT NO. 502

ACCOUNT Purchases Returns and Allowances ACCOUNT NO. 503

ACCOUNTS PAYABLE SUBSIDIARY LEDGER

NAME Apex Office Machines, Inc. TERMS n/60

DATE DESCRIPTION POST. REF. DEBIT CREDIT BALANCE

NAME Brown Paper Company TERMS 1/10, n/30

DATE DESCRIPTION POST. REF. DEBIT CREDIT BALANCE

NAME Dalton Office Furniture Company TERMS n/30

DATE DESCRIPTION POST. REF. DEBIT CREDIT BALANCE

NAME Davis Corporation TERMS n/30

DATE DESCRIPTION POST. REF. DEBIT CREDIT BALANCE

NAME Zenn Furniture, Inc. TERMS 2/10, n/30

DATE DESCRIPTION POST. REF. DEBIT CREDIT BALANCE

PURCHASES JOURNAL PAGE 15