Post the entries in the general journal below to the accounts payable account in the general ledger
Question:
Assume the following account balances at January 1, 2016, for Bioplast Jewelry, Inc.:
Accounts Payable (control account) ......... $6,600
Accounts PayableEvans Enterprises ....... 1,600
Accounts PayableStamos Distributors ....... 3,100
Accounts PayableTonetta Company ....... 1,900
Use 202 as the account number for accounts payable in the generalledger.
Transcribed Image Text:
GENERAL JOURNAL 40 PAGEO POST REF DATE DESCRIPTION DEBIT CREDIT 12016 2Jan 8 Accounts Payoble/Stamos Distributors 300 0 Cash 300 003 Made partial payment on account, Check 1240 10 Accounts Payable/Evans Enterprises 200 00 Purchases Returns and Allowances 200 00 8 Received Credit Memorandun 123 as allowance for discolored merchandise 10 12 13
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EXERCISE 88 GENERAL JOURNAL PAGE 40 DATE DESCRIPTION Post Ref DEBIT CREDIT 1 2016 1 2 Jan 8 Accounts ...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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