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Problem 7-02 a (Video) Oriole Company's chart of accounts includes the following selected accounts 101 Cash 201 Accounts Payable 120 Inventory 306 Owner's Drawings 130

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Problem 7-02 a (Video) Oriole Company's chart of accounts includes the following selected accounts 101 Cash 201 Accounts Payable 120 Inventory 306 Owner's Drawings 130 Prepaid Insurance 505 Cost of Goods Sold 157 Equipment On October 1, the accounts payable ledger of Orole Company showed the following balances: Uggla Company $2,850, Or Co. $2,490, Rosenthal Co. $1,860, and Clevenger Company $3,670. The October transactions involving the payment of cash were as follows. Oct. 1 Purchased merchandise, check no. 63, 5270 3 Purchased equipment, check no. 64, $790. 5 Paid Uggla Company balance due of $2,850, less 2% discount, check no. 65, $2,793.00. 10 Purchased merchandise, check no. 66, $2,210 15 Paid Rosenthal Co. balance due of $1,860, check no. 67 16 C. Oriole, the owner, pays his personal insurance premium of $480, check no. 68. 19 Paid Orr Co. in full for invoice no. 610, $2,150 less 2% cash discount, check no. 69, 52, 107.00 29 Paid Clevenger Company in full for invoice no. 264, $2,430, check no. 70. Journalize the transactions above in a four column cash payments journal with columns for Other Accounts De, Accounts Payable D Inventory Cr, and Cash Of Foot and cross-foot the journal (Record entries in the order displayed in the problem statement. Round answers to decimal places, eg. 5,275) Cash Payments Journal CPU Date Ck. No. Account Debited Ref. Other Accounts Dr. Accounts Payable Dr. Inventory Cash 63 CEK CALCULATOR FULL SCREEN PINTEREST Journalize the transactions above in a four column cash payments journal with columns for Other Accounts Dr Accounts Payable De Inventory and Cash Foot and cross foot the journal (ecord entries in the order displayed in the problem statement. Round answers to decimal places, 0.5,275.) Cash Payments Journal CPI Date Ck. No, Account Debited Rel. Other Accounts Dr. Accounts Payable Dr. Inventory Cash or 63 120 V 65 66 120 67 > 68 306 69 70 > 09 (201 (120) (101) Insert the beginning balances in the Accounts Payable control and subsidiary accounts, and post the October tractions to the account. (Pest entries in the order of entries presented in the previous part.) General Ledger Accounts Payable Date Explanation Rel. Debit Credit Balance CP: Accounts Payable Subsidiary Ledger Uggla Company Date Explanation Ref. w Balance Credit Balance Om Ca. Date Explanation Ref. Balance Debit

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