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Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2019
Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2019 (unless otherwise indicated), are as follows:
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Post the journal to the general ledger, extending the month-end balances to the appropriate balance columns after all posting is completed. In this problem, you are not required to update or post to the accounts receivable and accounts payable subsidiary ledgers.
i just needed help posting these to their respected ledger accounts
110112115116117118123124210211212310311410510520521522523529CashAccountsReceivableMerchandiseInventoryEstimatedReturnsInventoryPrepaidInsuranceStoreSuppliesStoreEquipmentAccumulatedDepreciation-StoreEquipmentAccountsPayableCustomerRefundsPayableSalariesPayableLynnTolley,Capital,June1,2018LynnTolley,DrawingSalesCostofMerchandiseSoldSalesSalariesExpenseAdvertisingExpenseDepreciationExpenseStoreSuppliesExpenseMiscellaneousSellingExpense$3,600233,900624,40028,00016,80011,400569,50056,70096,60050,000685,300135,000$5,069,0002,823,000664,800281,00012,600382,10083,7007,800Step by Step Solution
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