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Consulant Harvey Holman purchased supplies on accouns for $5,100. Latec Holman pald $4,050 on account 1. Joumatze the fwo transactions on the books of Harvey

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Consulant Harvey Holman purchased supplies on accouns for $5,100. Latec Holman pald $4,050 on account 1. Joumatze the fwo transactions on the books of Harvey Holman. Consultant. Iniciude an explanation far aach transaction 2. A Tacocount for Accounts Payable has been opened. Post lo Acccunts Payable: Compule the balance and denote it as Eat 3. How much does the business owe afer both transactions? in which account does this amourt appear? 1. Journalize the two tramactons on the bocks of Harvey Homan, architect Indlade an explanation for each transaction; (Recond debits fint, then credta. Soloct the explanation on the fatt ine of the journal entry table) Achitect Haivey Holman purchased supplies on account for $5,100. Consuttant Havey Holman purchased supples on aceount for $5,100. Later Holman paid $4,050 on account. 1. Journalize the two transactions on the books of Harvey Holman, Consulatant. Include an explanation for each transaction. 2. A Taccount for Acoounts Payable has been opened. Poat to Accounts Payable. Compule the bolance and denole it as Bal. 3. How much does the business owe after bolh transactions? in which account does this amount appear? 2. A Taccourt for Acoounts Payable has been opened. Post to Accounts Payable. Compule the bolanco and denote a as Bai (For each uantsaction, select the transacton number iohd in the pum enines above as a poriing reterence Denote the ending bulance at Bal) 3. How much does the business owe ahar bodh vamacions? in which acoours does this amount appear? The butiness owiss

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