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Using the following purchases journal, identify each posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2),a posting
Using the following purchases journal, identify each posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2),a posting to a subsidiary ledger account, or (3) that no posting is required:
EX 5-11 Identify postings from purchases journal Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting is required OBJ. 2 PURCHASES JOURNAL Accounts Store Office Page 49 Post. Payable Supplies Supplies Ref. Cr. Other Accounts Dr. Post. Ref. Amount Date Account Credited 20Y9 Jan. 4 Coastal Equipment Co. ()5,325 Dr. Dr. Warehouse Equipment (g) 5,325 6 Arrow Supply Co. (b) 4,000 9 Valley Products 14 Office Warehouse (d) 2,200 20 Office Warehouse 25 Metro Supply Co. () 2.740 2,40 4,000 (c)1,875 1,600 275 Office Equipment(h) 2,200 Store Equipment6,000 (e) 6,000 13,525 22,140 4340 4,275 31 0) OBJ. 2 antifr nostings from cash payments journal u of the nosting references, indicatedStep by Step Solution
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