On November 2, 20Y3, Fibrosis Co. purchased $1,800 of supplies on account. a. Journalize the November 2,

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On November 2, 20Y3, Fibrosis Co. purchased $1,800 of supplies on account.

a. Journalize the November 2, 20Y3, transaction.

b. Prepare a T account for Supplies. Enter a debit balance of $1,050 as of November 1, 20Y3.

c. Prepare a T account for Accounts Payable. Enter a credit balance of $15,600 as of November 1, 20Y3.

d. Post the November 2, 20Y3, transaction to the accounts and determine November 30 balances.

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Survey of Accounting

ISBN: 978-1305961883

8th edition

Authors: Carl S. Warren

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Question Posted: Feb 16, 2017 09:39 AM

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On November 2, 20Y3, Fibrosis Co. purchased $1,800 of supplies on account. a. Journalize the November 2,

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