Question
Jerry Wallace Optical Dispensary completed the following transactions during the latter part of March Mar 15 Purchased office supplies on account 2,700 Mar 28 Paid
Jerry Wallace Optical Dispensary completed the following transactions during the latter part of March
Mar 15 Purchased office supplies on account 2,700
Mar 28 Paid $1500 on account
Requirement 2. The following T-accounts have been opened for you: Cash (Beginning Balance $15,000),
Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account. (Use a "Bal." posting reference on the proper side of each account to show the ending balances of the accounts.)
The blank T- Accounts are Cash, Accounts Payable, and Office Supplies.
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