PARTICULARS DEBIT CREDIT

BE13-1 Purchases 40000

Accounts Payable 40000

Freight-in 1200
Cash 1200

Accounts Payable 34000

Cash 33320
Purchase Discount 680

BE13-2 Cash 50000

Notes Payable 50000

Interest Expense 375

Interest Payable 375

Notes Payable 50000

Interest Payable 375
Interest Expense 750
Cash 51125

BE13-3 Cash 50000

Discount on Notes Payable 1125
Notes Payable 51125

Interest Expense 750

Discount on Notes Payable 750

Notes Payable 51125

Interest Expense 375
Cash 51125
Discount on Notes Payable 375