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Using these transactions can you help me fill out the different ledgers Please help me fill out these ledgers. ment Saved Help Save & Exit
Using these transactions can you help me fill out the different ledgers
Please help me fill out these ledgers.
ment Saved Help Save & Exit Submit Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 2019. The firm purchases merchandise on open account The firm's purchases, purchase returns and allowances, and cash payments on account during September 2019 follow DATE TRANSACTIONS 2019 2 purchased ski boote or $5,100 plus a freight charge of $260 from colorado Ski shop, Invoice ased ski boots for $5,100 plus a freight charge of $260 from Colorado ski shop, Invoice 6672, terms n/30 3 Purchased skis for $10,700 7 Received Credit Memorandum 165 for $850 from colorado Ski shop for return of damaged ski boots: trom Alaska Supply Company, Invoice 5916: terms 1/10, n/30 boots were originally purchased September 2 on Invoice 6672 11 purchased ski jackets for $3,500 from Cold Mountain clothing Company, Invoice 4091, terms n/30 12 Issued check 104 to Alaska Supply company in payment of Invoice 5916, dated Soptember 3, less the cash discount 22 Purchased ski poles for $3,260 plus a freight charge of $195 from Alaska supply company Tnvoice 5950, teme 3/10, n/30 23 Purchased ski pants for s1,750 fron Swenson ski Goods, Invoico 528, terms n/30 25 Received Credit Memorandum 245 for $25o Erom Swenson ski Goods for recurn of defoctive ski panto: the pants were originally purchased Septembor 23 on Invoice 528 27 Purchased ski sveaters for $4,100 plus a freight charge of $175 from Colorado ski shop, Invoice 6722, terms n/30 30 Igsued check 110 to Colorado Ski shop in payment of Invoice 6672, dated September a, less the return of september 7 Required: 1. Open the general ledger accounts and accounts payable ledger accounts indicated below Enter the balance of Cash as of September 1, 2019 2. Post the entries from the general journal to the appropriate accounts in the general ledger and in the sccounts payable ledger 3. Prepare a schedule of accounts payable GENERAL LEDGER ACCOUNTS 1 of 2 Next>Step by Step Solution
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