Post the following invoices. Due to the fact that we have limited space to record detail, reference
Question:
Post the following invoices. Due to the fact that we have limited space to record detail, reference each transaction using the transaction number given in column one. Ensure that the total value of debtors is equal to the value shown in the debtor control account and that the nominal ledger is in balance.
identical. All postings within the purchase ledger however will be opposite to a similar posting in the sales ledger. For example an invoice posted in the purchase ledger would: (i) credit the supplier account; (ii) credit the creditor control account in the nominal ledger; (iti) debit the purchases account in the nominal ledger. Use Figures 6.16 and 6.17 to post the following invoices ensuring that the total value of creditors is equal to the value shown in the creditors control account and that the nominal ledger is in balance.
E_ Post the invoices through the purchase ledger on the computer. F Within the purchase ledger examine each account you have posted to by using the menu option Transaction History. G Within the purchase ledger examine each nominal ledger account you have posted to using the Periscope facility.
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