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eBook Show Me How Posting a Purchases Journal The purchases journal for Newmark Exterior Cleaners Inc. follows. The accounts payable account has a March 1,

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eBook Show Me How Posting a Purchases Journal The purchases journal for Newmark Exterior Cleaners Inc. follows. The accounts payable account has a March 1, 2012, balance of $380 for an amount owed to Nicely Co. No payments were made on creditor invoices during March PURCHASES JOURNAL Page 16 Post. Ref. Accts. Payable Cr. Cleaning Supplies Dr. Other Accounts Dr. Post. Ref. Date Account Credited Amount 2012 Mar. 4 Enviro Wash Supplies Inc. 595 595 Mar. 15 Nicely Co. 260 260 Mar. 20 2,810 Office Equipment 2,810 Omice Mate Inc Enviro-Wash Supplies Inc. Mar. 26 340 340 4,005 1.195 2.810 Mar 31 a. & b. Post the transactions from the purchases journal to the creditor accounts and determine their ending balances a. & b. Post the transactions from the purchases Journal to the creditor accounts and determine their ending balances. Enviro-Wash Supplies Inc. 31 Bal Nicely Co. 31 Bal Office Mate Inc. 1 Bal c. Prepare T accounts for the accounts payable control and cleaning supplies accounts. Post control totals to the two accounts, and determine their ending balances Cleaning Supplies had a zero balance at the beginning of the month eBook Show Me How C. Prepare T accounts for the accounts payable control and cleaning supplles accounts. Post control totals to the two accounts, and determine their ending balances. Cleaning Supplies had a zero balance at the beginning of the month. Accounts Payable 31 Bal Cleaning Supplies 31 Bal d. Prepare a schedule of the creditor account balances to verify the equality of the sum of the accounts payable creditor balances and the accounts payable controlling account balance. Newmark Exterior Cleaners Inc. Accounts Payable Creditor Balances March 31, 2012 Enviro-Wash Supplies Inc. $ Nicely Co. Office Mate Inc Newmark Exterior Cleaners Inc. Accounts Payable Creditor Balances March 31, 2012 Enviro-Wash Supplies Inc. Nicely Co. Office Mate Inc. Total accounts payable e. All of the following are ways a computerized accounting system might differ from the use of a purchases journal in recording purchase transactions EXCEPT

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