Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required: Post the entries in the general Journal below to the accounts payable account in the general ledger and to the appropriate accounts in the

image text in transcribedimage text in transcribed

Required: Post the entries in the general Journal below to the accounts payable account in the general ledger and to the appropriate accounts in the accounts payable ledger. Assume the following account balances at January 1, 20X1. for Bioplast Jewelry, Inc.: Accounts Payable control account) Accounts Payable-Evans Enterprises Accounts Payable-Stanos Distributors Accounts Payable-Tonetta Company $7,200 1,900 3,300 2.100 GENERAL JOURNAL DATE DESCRIPTION 2exi Jan. 8 Accounts Payable/Stanos Distributors Cash Made partial payment on account, Check 1240 POST. REF. DEBIT CREDIT 340 340 240 248 1e Accounts Payable/Evans Enterprises Purchases Returns and Allowances Received Credit Memorandum 123 as allowance for discolored merchandise Complete this question by entering your answers in the tabs below. General Ledger AP Ledgers Post the entries in the general journal above to the accounts payable account in the general ledger. Accounts Payable Account No: 202 Date Debit Credit Balance Jan. 1. 20X1 Required: Post the entries in the general Journal below to the accounts payable account in the general ledger and to the appropriate accounts In the accounts payable ledger. Assume the following account balances at January 1, 20x1, for Bioplast Jewelry, Inc: Accounts Payable (control account) Accounts Payable-Evans Enterprises Accounts Payable-Stanos Distributors Accounts Payable-Tonetta Company $7,280 1,800 3,300 2.100 POST. REF. DEBIT CREDIT GENERAL JOURNAL DATE DESCRIPTION 2ex1 Jan. 8 Accounts Payable/Stanos Distributors Cash Made partial paynent on account, Check 1240 340 348 248 240 10 Accounts Payable/Evans Enterprises Purchases Returns and Allowances Received Credit Memorandum 123 as allowance for discolored merchandise Complete this question by entering your answers in the tabs below. General Ledger AP Ledgers Post the entries in the general journal above to the appropriate accounts in the accounts payable ledger. Evans Enterprises Stamos Distributors Balance Credit Balance Jan. 1. 20X1 Jan. 1. 20X1 Date Debit Credit Date Debit Tonetta Company Date Debit Jan. 1. 20X1 Credit Balance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting A Contemporary Approach

Authors: David Haddock, John Price, Michael Farina

2nd edition

73396958, 978-0077630461, 77630467, 978-0073396958

More Books

Students also viewed these Accounting questions

Question

1. Arouse curiosity with questions such as What would happen if?

Answered: 1 week ago

Question

=+a. Is it relevant to the audience?

Answered: 1 week ago

Question

=+c. Would it generate press attention?

Answered: 1 week ago

Question

=+d. Would it create talk value or buzz?

Answered: 1 week ago