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c. & d. In the four-column account for Accounts Payable, enter a credit balance of $21,080 as of September 1, 2014. Plac column. Post
c. & d. In the four-column account for Accounts Payable, enter a credit balance of $21,080 as of September 1, 2014. Plac column. Post the September 18, 20Y4, transaction to the account. For those boxes in which no entry is required, leave the GENERAL LEDGER Account Accounts Payable DATE ITEM Sept. 1, 20Y4 Balance Sept. 18, 20Y4 84 87 Feedback POST. REF. Account No. 21 BALANCE DEBIT CREDIT DEBIT CREDIT 21,080 X 21,080 2,960 24,040 Check My Work c. See the illustration in Exhibit 5 in the text. Every account is in the ledger, which usually uses a formal 4-column account presentati d. Transfer the information from the journal entry to each appropriate account in the ledger. e. Do the rules of debit and credit apply to all companies? Yes Feedback Check My Work
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Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
28th Edition
1337902683, 978-1337902687
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