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The debits and credits from two transactions are presented in the following creditor's (supplier's) account: Credit NAME Colonial Inc. ADDRESS 5000 Grand Ave. Post. Date

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The debits and credits from two transactions are presented in the following creditor's (supplier's) account: Credit NAME Colonial Inc. ADDRESS 5000 Grand Ave. Post. Date Item Ref. Debit Jan. 1 Balance 11 Invoice No. 122 CP71 64 26 Invoice No. 139 P55 Describe each transaction and the source of each posting. Balance 92 28 72 100

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