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Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 Purchased office supplies on account. $3,400 Mar. 28 Paid
Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 Purchased office supplies on account. $3,400 Mar. 28 Paid $1,800 on account. Read the requirements Requirement 1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits Select the explanation on the last line of the joumal entry table.) Mar 15: Purchased office supplies on account, $3,400, Date Accounts and Explanation Debit Credit Mar 15 i Requirements X 1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry. 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $21,000), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account. Print Done
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