A month has elapsed since Precision Computer Centre’s year-end. Tony Freedman will use four specialized journals for recording business transactions in the month of September. To assist you in recording the transactions, the Schedule of Accounts Receivable as of August 31 and the Schedule of Accounts Payable as of August 31 are shown below. An updated chart of accounts with the current balance listed for each account is provided on page 309.
The partial September transactions are as follows: