Following are the condensed journals of a merchandising concern. The journal column headings are incomplete in that they do not indicate whether the columns are debit or credit columns.

\section*{Required}

1. Prepare T-accounts on a sheet of ordinary notebook paper for the following general ledger and subsidiary ledger accounts. Separate the accounts of each ledger group as follows:

2. Without referring to any of the illustrations that show complete column headings for the journals, post the following journals to the proper T-accounts.

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General Ledger Accounts Cash Accounts Receivable Prepaid Insurance Store Equipment Notes Payable Accounts Payable Sales Sales Returns Sales Discounts Purchases Purchases Returns Purchases Discounts Accounts Receivable Ledger Accounts Customer One Customer Two Customer Three Accounts Payable Ledger Accounts Company X Company Y Company Z