Transactions for July and the beginning balances for select general ledger and accounts payable ledger accounts are as follows:

July 7 Returned merchandise to Starcraft Industries, $660.

15 Returned merchandise to ra, Inc., $350.

27 Returned merchandise to Datamagic, $910.

Using page 3 of a general journal and the general ledger accounts and accounts payable ledger accounts, journalize and post the transactions above. Do not enter the posting references until you complete part 2.

Using page 3 of a general journal and the general ledger accounts and accounts payable ledger accounts, journalize and post the transactions above. Do not enter the posting references until you complete part 2.

The beginning general ledger and accounts payable ledger account balances from above have been provided; now post from the journal to the general ledger and accounts payable ledger accounts. If an amount box does not require an entry, leave it blank. After posting to the general ledger, go to part J. and complete the posting. Post the transactions in chronological order.

General Ledger Account No. Account 202 Accounts Payable 501.1 Purchases Returns and Allowances Accounts Payable Ledger Name Datamagic Starcraft Industries XYZ, Inc. Balance July 1, 20-- $2,610 4,310 3,680 Balance July 1, 20-- $10,600 DATE 20-- Jul. 7 Jul. 15 Jul. 27 DESCRIPTION GENERAL JOURNAL POST. REF. DEBIT PAGE 3 CREDIT 20-- Jul. 1 20-- 20-- Jul. 1 20-- Jul. 1 ACCOUNT DATE ACCOUNT DATE NAME ADDRESS DATE NAME ADDRESS DATE ITEM Balance ITEM Accounts Payable POST. REF. Balance ITEM Balance ITEM Purchases Returns and Allowances POST. REF. J3 J3 J3 J3 J3 GENERAL LEDGER J3 ===== EQ E DEBIT V J3 DEBIT POST. REF. ACCOUNTS PAYABLE LEDGER J3 CREDIT POST. REF. CREDIT Datamagic DEBIT ACCOUNT NO. Starcraft Industries DEBIT DEBIT ACCOUNT NO. DEBIT BALANCE CREDIT U E UQ CREDIT 202 BALANCE CREDIT 10,600 501.1 CREDIT BALANCE 2,610 BALANCE 4,310 20-- Jul. 1 20-- Jul. 1 NAME ADDRESS DATE NAME ADDRESS DATE ITEM Balance ITEM Balance POST. REF. J3 POST. REF. J3 Starcraft Industries DEBIT XYZ, Inc. DEBIT CREDIT CREDIT BALANCE 4,310 BALANCE 3,680