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Using the cash payments journal below, Identity each of the posting references indicated by a letter, as representings (!) a posting to a general ledger
Using the cash payments journal below, Identity each of the posting references indicated by a letter, as representings (!) a posting to a general ledger account (2) aponting to a subsidiary ledger account. (3) that no posting is required CASH PAYMENTS JOURNAL Page 45 Post Rol Other Accounts De Accounts Payable Dr. Inventory Cr. Cash Cr. Date Ck. No. Account Debited 20 Jan. 4 659 B. Lager 5,000 50 4,950 660 1,000 Prepaid in 1.000 661 Inventory 156 656 14 662 Owner's Drawings 2,400 2.400 10 663 M. Young 1,400 1,400 450 20664 Inventory 450 3.000 3,800 29 665 Equipment 8,306 6,400 50 14,656 ash payments journal below, identify each of the posting sting to a general ledger account. sting to a subsidiary ledger account. no posting is required. CASH PAYMENTS JOU Post. Ref. No. Account Debited Other Accounts Di 659 B. Lager
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