posted by sam .
How do you journalize theses transactions?
8) Purchased $15000 food to sell; paid 1/3 in cash and the balance on account
10) Paid $30000 for a one-year insurance policy effective October 1, 2011
12) Purchased supplies for $2400 on account.
"theses" or "these?"
Try some of the follwing links for information: