OWP 4-2 End of Review. Introduction to the OWP Ledger.

Journal Page Number 2 JOURNAL PAGE 1 DATE ACCOUNT TITLE DOC. Posy NO. RE CASH GENERAL CREDIT DEBIT SALES CREDIT DEBIT CREDIT 2 Supplies ||HH a 150 116/5.00 Debit Amount 3 16|5|00: Date 5 Account Number ACCOUNT Supplies ACCOUNT NO. 150 DATE ITEM POST HO DEBIT CREDIT BALANCE DEBIT CREDIT 17 65.00 Jan. 2 1 16500 4 Account Balance Posting from the General Debit Column Posting a Second Amount to an Account JOURNAL PAGE 1 5 DATE ACCOUNT TITLE pocos NO VREF GENERAL DEBIT CREDIT CASH SALES CREDIT DEBIT CREDIT 5 Supplies M1 150 Aces. Pas-Canyon Office Supplies 2 210 00 12 2000 Date 3 Debit Amount Account Number ACCOUNT Supplies ACCOUNT NO. 150 DATE ITEM POST. REF DENT DEBIT CREDIT BALANCE DEBIT CREDIT 'S 1650 2 2 0.00 1 165.00 3 85.00 4 Account Balance GENERAL LEDGER Account Cash Account No. 110 DATE ITEM POST REF. DEBIT CREDIT BALANCE DEBIT CREDIT 2,000.00 1 Jan. 2 G1 2,000.00 1 Account Michael Delgado, Capital Account No. 310 GENERAL LEDGERN Account: Supplies Account No. 150 DATE ITEM POST REF DEBIT CREDIT Jan 2 BALANCE DEBIT CREDIT 165.00 1 165.00 2 5 1 22.00 385.00 Account: Accounts Payable-Canyon Office Supplies Account No. 210 All cells in the journal will be enterable. True False. Only the Post. Ref. cells in the journal will be enterable. In OWP, during the posting phase you must enter a check mark when there is a check mark in the Account Title column. O True False The black triangle to the left of the account name in the ledger account enables you to expand and collapse the OWP ledger account. True False When an account balance becomes zero (O), in OWP you will enter O O in either the Debit Balance or Credit Balance cell. O A horizontal line in both the Debit Balance or Credit Balance cells. Nothing in either the of the Debt Balance or Credit Balance cells