Button Corporation Uses a Voucher System and the Periodic Inventory

question 97

Essay

Button Corporation uses a voucher system and the periodic inventory method.Record the following transactions in general journal format.Omit the explanations.
Nov.8 Purchased office equipment from Tram Company,$1,000;voucher no.200 was prepared.
Nov.12 Established a petty cash fund of $150;voucher no.201 was prepared.
Nov.14 Purchased merchandise from Carr Corporation,$1,800;voucher no.202 was prepared.

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Definitions:

Paraphrase

The act of rewording or rephrasing text or speech to clarify meaning or provide variation, while retaining the original message.

Nonverbal Cues

Communication signals that do not involve words, such as body language, facial expressions, and gestures.

Critical Listening

A listening mode focused on evaluating and analyzing the content of a message for accuracy and coherence.

Logic

The study of reasoning and argumentation in seeking to understand and analyze the principles that govern thought and rationality.