Silver Corporation Had the Following Transactions Use the Following Cash Payments Journal to Record the Preceding

question 42

Essay

Silver Corporation had the following transactions:
$$\begin{array} { | l | l | } \hline \text{Jan 4} & \text { Issued check no. } 430 \text { to purchase equipment for cash, } \$ 2,200 . \\\hline 9 & \text { Purchased merchandise inventory for cash, } \$ 400 , \text { issuing check no. } 431 . \\\hline 19 & \text { Paid Kale Co. amount owed, } \$ 1,025 , \text { less } \$ 60 \text { discount. Issued check no. } 432 . \\\hline 27& \text { Issued check no. } 433 \text { to pay utilities, } \$ 210 . \text { The bill was just received, and there is no } \\&\text{liability recorded}\\\hline\end{array}$$ Use the following cash payments journal to record the preceding transactions.The company uses the perpetual inventory system.
Cash Payments Journal $~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~$ Page 8
$\begin{array}{|r|c|l|r|r|r|r|r|}\hline \textbf { Date } & \begin{array}{c}\textbf { Ck. } \\\textbf { No. }\end{array} & \textbf { Account Debited } & \begin{array}{c}\textbf { Post. } \\\textbf { Ref. }\end{array} & \begin{array}{c}\textbf { Other } \\\textbf { Accounts } \\\textbf { DR }\end{array} & \begin{array}{c}\textbf { Accounts } \\\textbf{ Payable } \\\textbf { DR }\end{array} & \begin{array}{l}\textbf { Merchandise } \\\textbf { Inventory CR }\end{array} & \textbf { Cash CR } \\\hline \\\hline \\\hline\\\hline\\\hline\end{array}$

---

Definitions:

Feminist Theory

A framework for understanding gender inequality and advocating for women's rights.

Dominant Class

A social group possessing the most power, wealth, and prestige within a given society.

Criminal Behaviors

Actions that violate laws and are subject to sanctions or legal penalties; these behaviors are defined by legal codes and societal norms.

Feminist Theory

An extension of feminism into theoretical or philosophical discourse, aiming at understanding the nature of gender inequality and promoting the rights, interests, and issues of women.