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Prepare a journal entry for the purchase of office supplies on March 9 for $1775, paying $275 cash and the remainder on account. Refer to
Prepare a journal entry for the purchase of office supplies on March 9 for $1775, paying $275 cash and the remainder on account. Refer to the chart of accounts for exact wording of account titles. Chart of Accounts CHART OF ACCOUNTS General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 42 Sales Commission 13 Office Supplies 14 Prepaid Insurance 15 Land EXPENSES 51 Advertising Expense 52 Automobile Expense 16 Office Equipment Chart of Accounts 13 Office Supplies 14 Prepaid Insurance 15 Land EXPENSES 16 Office Equipment 17 Automobiles 51 Advertising Expense 52 Automobile Expense 53 Insurance Expense 54 Rent Expense 55 Salary Expense LIABILITIES 21 Accounts Payable 22 Unearned Rent 23 Notes Payable 56 Supplies Expense 57 Utilities Expense 58 Miscellaneous Expense 24 Salaries Payable Journal Chart of Accounts LIABILITIES 55 Salary Experise 21 Accounts Payable 56 Supplies Expense 22 Unearned Rent 57 Utilities Expense 58 Miscellaneous Expense 23 Notes Payable 24 Salaries Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends now.com/ilm/takeAssignment/take AssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator assignment-take&inprogress=fal og Nueva pestada VitalSource Booksh.. Instructions Journal Prepare a journal entry for the purchase of office Supplies on March 91 31,775, paying 3275 cash and the remainder on account. Refer to wording of account files JOURNAL POST. REF. DESCRIPTION CREDIT DEBIT ASSE Check My Work
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