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Kendell Coleman Optical Dispensary completed the following transactions during the latter part of March: Mar. 15: Purchased office supplies on account, $2,800. Requirements 1. Journalize
Kendell Coleman Optical Dispensary completed the following transactions during the latter part of March: Mar. 15: Purchased office supplies on account, $2,800. Requirements 1. Journalize the transactions of Kendell Coleman Optical Dispensary. Include an explanation with each journal entry. 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $24,000 ), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account. Mar. 28: Paid $1,800 on account
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