eBook Animated Example Exercise

Accounts Payable Subsidiary Ledger

The debits and credits from two transactions are presented in the following supplier's (creditor's) account:

NAME

ADDRESS Hellman Services Inc.

2199 Technology Place

Date Item Post. Ref. Debit Credit Balance

Aug. 1 Balance 329

12 Invoice 248 P91 220 549

22 Invoice 267 CP24 163 386

Select the choice that describes each transaction and the source of each posting.

Date Action Invoice No. Posted From Journal Page

Aug. 12

22