The Purchases Journal is a special journal where Credit purchases from suppliers are recorded.
Steps in journalising Credit Purchases
The following credit purchases transactions are Journalised below:
2009
July 5 Credit purchases from Karnot Webb $400
July 7 Goods purchased on credit $500 from Harlot Mcqueen
July 15 Bought goods on credit 4600 from Clement Rhoden.