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Using page 3 of a general journal and the following general ledger accounts and accounts payable ledger accounts. March Transactions: Mar. 5 Returned merchandise to
Using page 3 of a general journal and the following general ledger accounts and accounts payable ledger accounts. March Transactions: Mar. 5 Returned merchandise to Tower Industries, $475. 11 Returned merchandise to A & D Arms, $650. 23 Returned merchandise to Mighty Mansion, $250. General Ledger Account No. Account Balance Mar. 1, 20-- 202 Accounts Payable $8,200 501.1 Purchases Returns and Allowances --- Accounts Payable Ledger Name Balance Mar. 1, 20-- A & D Arms $2,300 Mighty Mansion 1,500 Tower Industries 4,400 Required: Journalize and post the transactions.
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